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J.P. Morgan Looks Toward Payments Modernization

PYMNTS

Whether businesses were establishing their modernization roadmaps for the first time or simply accelerating the plans they already had in place, the COVID-19 crisis drove organizations to embrace technology at unprecedented levels in order to manage a remote workforce, supply chain disruptions and economic uncertainty.

Payments 198
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Ayala To Launch Fund Focused On FinTech, eCommerce, Healthcare

PYMNTS

Ayala, the Philippines -based conglomerate, is raising money for a new capital fund that will invest in technology companies. The executive was quoted as saying the company will be “bolder and more deliberate” in its venture capital strategy, supporting businesses with disruptive technology.

Fintech 108
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Commoditization, Optimization or Transformation: What’s in Your Core Wallet?

Gonzobanker

Three winning core strategies to accommodate any financial institution’s budget, business case, and future vision. It has become crystal clear that digital transformation is now the largest technology initiative for regional and community financial institutions. Commoditization Strategy.

Strategy 155
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Using Data in Banking – Get This Framework

South State Correspondent

You don’t have an “internet strategy,” an “insurance strategy,” or a “digital strategy.” Below is a treasury management data model using a random forest machine-learning model applied to easily obtainable bank customer data. Of course, not all problems are as well suited for analytics.

Data 195
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Reinventing Financial Services

Insights on Business

But this does not mean that workforces will be replaced with new technology. L to R: Patrick Lane, The Economist; Ashley Johnson, COO & CFO, Wealthfront; Adam Ludwin, CEO, Chain; Chris Smith, EVP and Global Head of Operations, MetLife; Chris Ferris, CTO – Open Technology, IBM.

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Moving Beyond The Limits Of ‘Cash And Dash’ ATMs

PYMNTS

The machines are, of course, crucial for getting paper money in hand when the bank is closed. But it is important that ATMs are embedded in the digital strategy of the bank, too.”. Call it a self-service model that lets consumers address a range of financial needs at the point of cash dispensation.

ATM 158
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Data Dive, Summer Heat Edition: Venmo Speeds Up, Amex Branches Out And Walmart Takes A Pass

PYMNTS

The move comes as part of the reset in digital strategy that PayPal first began rolling out last year when deal Visa and Mastercard aimed at enhancing future cooperation and interoperability were first announced. (Which is pretty much everywhere.). The Walmart/Amazon Bidding War That Wasn’t.

Arizona 116