Sun.Jan 06, 2019

Banks Help Gov’t Employees Impacted By Shutdown

PYMNTS

With the government shutdown continuing, banks in the U.S. have been stepping up to help, offering forbearance on loans and the associated fees.

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Ten Top Trends for 2019

Chris Skinner

Hello, hello and hello again. Welcome to 2019. A brand new, fresh, shiny year, and just out of the starting gate. Having said that, yes we are still talking Brexit and we still find a group of shady bankers knocking off billions. Same s**t, different day, as Stephen King would say.

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Amazon Turns To VR To Boost Furniture Sales

PYMNTS

Amazon is hoping to increase purchases of furniture online, rolling out a new feature dubbed Amazon Showroom that takes advantage of virtual reality tools.

Report 255

32 Corporate Innovation Labs In Retail

CB Insights

The impending “death of retail” has been projected for decades. But, in an increasingly digital world, brick-and-mortar retail shops are embracing new ways to disrupt the system and get an edge on customer attention. One popular choice: retail innovation labs.

Bitcoin Daily: China Launches Blockchain For Trade Finance, Coinbase Exec Jumps To Stablecoin

PYMNTS

The China Banking Association (CBA) has announced the launch of a blockchain-based platform for trade finance.

Blockchain Weekly Front Page: Governments Love Blockchain

Daily Fintech

UnionPay Launches Platform For Developers

PYMNTS

UnionPay International announced earlier in January that it rolled out the UPI Developer, which is a platform to create applications for cross-border payments.

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More Trending

Footfall Worries US Retail Despite Strong Holiday Season

PYMNTS

Despite a record-breaking holiday season for retailers in 2018, the strength of the industry’s recovery is being called into question as data emerges that shows declining traffic in stores and a slowdown in the rental growth at malls.

Retail 183

Mobile payments market in China is expected to witness three-fold growth by 2023

The Paypers

(The Paypers) According to a recent report by Frost & Sullivan , mobile payments market in China is expected to witness a three-fold growth by 2023

Alexa Now In More Than 100M Devices

PYMNTS

Amazon’s senior vice president of devices and services Dave Limp told The Verge that more than 100 million devices with Alexa integrated into them have been sold so far.

Google 183

UnionPay gives global developers access to its payments platform

The Paypers

(The Paypers) UnionPay International has launched UPI Developer, an open platform that gives global developers access to its cross-border payment products and services

Government Predictions 2019: Automate, Enhance and Secure

FICO

Government Predictions 2019: Now that we have completed the 2018 election season, people are asking what is in store for 2019. The good news is that revenues look strong, but there are a number of factors if you look deeper into the numbers.

NexTech integrates API analytics into its AR ecommerce platform

The Paypers

(The Paypers) NexTech AR has integrated the Experience API (xAPI) into its patent pending, web-enabled AR ecommerce platform

Fintech Firm Partners with Latino Group to Expand Financial Services

ABA Community Banking

Members of NHCLC Receive Digital Wallet & Direct Deposit Solutions Linked To Banks Consumer Credit Feature Financial Trends Lines of Business Retail Banking Technology Customers Branch Technology/ATMs Tech Management Community Banking Feature3 Fintech. 1Technology

ATM 48

10 ways technology will change banking in 2019

BankThink

The coming year will bring a wave of data-sharing deals between banks and fintechs, increased bank use of automated advice, marked changes to financial jobs as a result of automation, and much more. Digital banking Digital currencies Digital payments Robo advisors Fintech regulations Fintech Regtech

Ghana bank reforms continue

Bankelele

Continuing banks reforms in Ghana, from back in 2018, the Bank of Ghana issued a new statement (PDF) on the state of banking in the country for the end of that year. It stated that they had inherited a system with distressed banks that were not adequately capitalized, and which had high non-performing loans, and cases of […]. The post Ghana bank reforms continue appeared first on Bankelele. Basel II Corporate governance Ghana NPA receiverships

Open banking will shut down without standardized APIs

Payments Source

Providing access to accounts in a disorganized or incongruent manner could endanger PSD2’s opportunities for the entire market, according to Shahrokh Moinian, global head of cash products and cash management at Deutsche Bank. ISO and agent APIs Payment processing Compliance

Banks shouldn't count on overdraft fees forever

BankThink

Two trends — competition from challenger banks and the emergence of real-time payments — threaten to eat away at the fees banks collect on overdrafts and bounced checks. Big Ideas Overdrafts Fee income Real-time payments Fintech JPMorgan Chase Bank of America Wells Fargo

Top 10 Retail Banking Trends and Predictions For 2019

The Financial Brand

2019 banking trends and outlooks from financial services leaders and influencers as well as financial institutions from around the world. The post Top 10 Retail Banking Trends and Predictions For 2019 appeared first on The Financial Brand.

Regulatory competition is hot again — and that’s worrisome

BankThink

Before the financial crisis, federal and state regulators unabashedly pitched their charters to banks as the better choice. That's happening again, despite warnings that such jousting might result in lax oversight. Big Ideas National banks State regulators Dodd-Frank Joseph Otting OCC FDIC Federal Reserve

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Prepaid finds a role as an employee perk

Payments Source

More companies are adding financial health programs to their benefits, creating a market that fits with one of the common uses consumers have found for prepaid cards. Prepaid cards PFM Benefit strategies

Biggest Threats to Banking in 2019: Fees, Lousy Tech and Digital Disruption

The Financial Brand

Anything from bad service to lousy tech and ethical issues can set consumers off and trigger the switch to a new alternative banking provider. The post Biggest Threats to Banking in 2019: Fees, Lousy Tech and Digital Disruption appeared first on The Financial Brand. Culture & Leadership Customer Experience

Stepping up for members as government shutdown continues

CU Insight

Credit unions serving government employees continue to assist members as the government shutdown heads into its third week. At Arkansas Federal Credit Union , members affected by the shutdown may be eligible to receive a match to their pre-established direct deposits. Members in good standing with pre-established checking accounts and a direct deposit from the federal government may be eligible for short-term, interest-free loans. “We’ve