Mon.Nov 05, 2018

Billtrust And Visa Launch B2B Payments Platform For Buyers And Suppliers

PYMNTS

Visa and Billtrust today (Nov.

In China, buy the wrong things and go to jail

Chris Skinner

As I travel around, I find different cultures fascinating Some are open, some are closed; some are welcoming, some are distrusting; some feel comfortable, some feel weird; some feel nice, some feel strict; and so on.

Adobe: Why Voice And Touch Retail Will Boost 2018 Holiday Sales

PYMNTS

Consumers want to touch before they buy, and they want to talk when they purchase.

Retail 252

Things worth reading: 6th November 2018

Chris Skinner

Groups 133

Today In Data: The Evolving Face Of What’s Next In Mobile

PYMNTS

It’s been an up and down week on the stock market as earnings reports have piled in and investors have like, or not liked, what they’ve seen.

Data 235

Machine Learning for RIA loyalty and customer engagement; by Morgan Stanley

Daily Fintech

Wealth management and AI is a natural combination. Standalone Fintechs, innovation labs of incumbents and of financial services IT providers, are all somehow working on this (3 types). There is another war of talent going on this area too.

Tencent Steps Into Blockchain Trade Finance Space In B2B Push

PYMNTS

Chinese conglomerate Tencent is the latest to step into the blockchain trade finance space via its FinTech unit Tencent Financial Technology, according to reports in China Daily on Friday (Nov.

More Trending

How Small Businesses Ride Their Payment Rails

PYMNTS

NACHA released new statistics late last week on growth of ACH transaction volume in the U.S.

Bankers Believe Realtime Will Give Their FIs Competitive Advantage

Bank Innovation

Most banking executives believe realtime payments will give banks a competitive advantage, according to a recent Finextra report.

Report 130

Apple Pay Appears To Be Coming Soon To Germany

PYMNTS

Apple Pay is set to launch soon in Germany. According to 9to5Mac , the Apple Pay page on Apple’s German website has a “Kommt bald” (“Coming soon”) badge, while the website for HypoVereinsbank includes “In Kürze bei uns: Apple Pay,” which is essentially the same thing.

Apple 229

A Path to Victory in the Payments Game

Gonzobanker

A Battle Plan for Onboarding. All financial institutions have some skin in the Payments Game, but who’s holding the winning hand? No matter the size or scope, make no mistake—everyone is a player in this game.

Apple 77

Is The UK’s Mulling Of Crypto Derivative Ban A Sign Of Things To Come?

PYMNTS

“Success consists of going from failure to failure without loss of enthusiasm,” said Winston Churchill. Might the sentiment extend to cryptocurrencies, but — parsing the quote a bit — replace “success” with “ruination?”. At this writing, bitcoin trades were at $6,352.

Which FAMGA Giant Mentions Edge Computing On Earnings Calls? Hint: It’s Not Amazon

CB Insights

Edge computing is an emerging concept where connected devices process data closer to where it is created — or at the “edge.”. This can either be within the device itself (i.e. where the sensors are located), or within a hyper-local server close to the device.

Digital Spaces As Virtual Makeup Studios, Augmented Reality Style

PYMNTS

To help improve the retail shopping and shipping experience, virtual reality (VR) and augmented reality (AR) is catching on with big-box retailers in the U.S.

Fifth Third’s SVP of Innovation to Speak at Bank Innovation Ignite

Bank Innovation

Joel Kashuba, SVP of Design & Innovation at Fifth Third Bank, has joined the speaker faculty for Bank Innovation Ignite, taking place March 11-12 in Seattle. Kasuba brings fresh design thinking to the banking world. He has been at Fifth Third for about a year and a half. Prior to that, he was a professor of […]. Daily Post 1 Daily Post 3 Retail Bank Innovation Ignite Citi Fintech Fifth Third

The Apple iPhone Sales Rope-A-Dope

PYMNTS

Apple’s taken a beating since announcing its Q4 earnings last week. The stock price is off nearly 7 percent , even though its trillion-dollar market cap remains intact.

Apple 221

Fifth Third’s SVP of Innovation to Speak at Bank Innovation

Bank Innovation

Joel Kashuba, SVP of Design & Innovation at Fifth Third Bank, has joined the speaker faculty for Bank Innovation Ignite, taking place March 11-12 in Seattle. Kasuba brings fresh design thinking to the banking world. He has been at Fifth Third for about a year and a half. Prior to that, he was a professor of […]. Exclusive Retail Bank Innovation Ignite Citi Fintech Fifth Third

Winklevoss Twins Sue Charlie Shrem Over Bitcoin Theft

PYMNTS

The Winklevoss twins have filed a lawsuit against Charlie Shrem, accusing him of pocketing funds to purchase bitcoin for himself.

Amazonian warriors’ bows trained on banks

Matt Wilcox Pro

A recent Fiserv survey confirms—among other insights—that trust remains a primary driver behind the public’s preference for bona fide banks over non-bank alternatives.

Africa’s Internet-Connected Population Provides Opportunity For Mobile Money

PYMNTS

In many parts of sub-Saharan Africa, almost 90 percent of all payments and transactions are based on cash. But there is a large opportunity to increase mobile money penetration, as two-thirds of the region is adopting mobile phones.

Mobile 217

Ecommerce company Rakuten partners KDDI for mobile phone services

The Paypers

(The Paypers) Rakuten has unveiled a partnership with telecom company KDDI as the Japan-based ecommerce company aims to enter the mobile phone services business

President Trump Says Government Will Investigate Tech Giants

PYMNTS

Driven by President Donald Trump, the federal government will continue to study the technology-heavy hitters in Silicon Valley to identify any potential antitrust violations.

Utah 217

Interswitch, Microsoft, partner to boost blockchain tech in Nigeria

The Paypers

(The Paypers) Microsoft and pan-African digital payments company Interswitch Group have announced the launch of its blockchain-based supply chain financing service

Jumio On Why Political Ads Should Get The Same Scrutiny As Bank Transactions

PYMNTS

Election day in the U.S. is tomorrow. There exists no shortage of issues that will be top of mind as Americans head to the polls, from healthcare to taxes to immigration. Add security to the list, of course, as in the security of the election process itself.

UK banking payments report: The race to become Open Banking ecosystem orchestrator

Bobs Guide

“Payments is now a new battleground,” says John Hutton, director of payments at Nationwide, “particularly with Open Banking and the adoption of Third Party Providers (TPPs) and Payment Initiation Service Providers (PISPs). Through that ecosystem a TPP can start to manage on behalf

Facebook To Open Small Biz Pop-Up Concept In Select Macy’s

PYMNTS

Facebook has announced that it is opening its first small business pop-up concept in nine Macy’s locations across the United States. The move will bring 100 popular small businesses and digital brands on Facebook and Instagram into retail stores — just in time for the holiday shopping season.

SEC shut down more than a dozen illegal ICOs

The Paypers

(The Paypers) The US Securities and Exchange Commission (SEC) brought more than a dozen successful enforcement actions specifically related to token sales in the fiscal year that ended 30 September

Bitcoin Daily: Elon Musk’s Name Used In Bitcoin Scam; Bitcoin Takes More Energy To Mine Than Gold

PYMNTS

Elon Musk’s name has reportedly been used in bitcoin scam , with the hack of multiple verified Twitter accounts, the BBC reported. The hackers allegedly took over the accounts and made the image and name to reflect Musk.

ACH payments volume increases in Q3 2018, NACHA reports

The Paypers

(The Paypers) The number of ACH payments has registered more than 5.6 billion in the third quarter of 2018, a 6.7% increase over Q3 2018, according to NACHA

TransUnion Sells Noddle To Credit Karma

PYMNTS

TransUnion , the global risk and information solutions provider, announced Monday (November 5) that it is selling its Noddle unit, the U.K.-based based free credit reporting and monitoring service, to Credit Karma.

SIA, Intesa Sanpaolo bring digital payments to Carrefour Italia

The Paypers

(The Paypers) SIA and Intesa Sanpaolo have announced that customers at Carrefour Italia can now use Jiffy to pay via smartphone directly from their current account

Resy Rivals OpenTable With Reserve Acquisition

PYMNTS

Restaurant reservation service Resy has acquired rival Reserve in a bid to take on top dog OpenTable. According to The New York Times , Resy did not disclose the financial details of the deal.

Wirecard brings its platform services to Australia, New Zealand

The Paypers

(The Paypers) Wirecard has announced its platform expansion in Australia and New Zealand, the platform being available in New Zealand for ecommerce services and Australia for omnichannel solutions

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When Shopkeepers Moonlight As Marketplace Luggage Concierges

PYMNTS

Travelers may face a dilemma when they explore a city: they might want to see the sights, but they have luggage that they can’t store in a vacation rental.

HotelsPro, Worldline, Paytrek partner for end-to-end payment solutions

The Paypers

(The Paypers) Worldline has partnered with Paytrek and HotelsPro on end-to-end payment solutions where Paytrek acts as a reseller of Worldline`s payment terminals and acquiring services

7-Eleven Rolls Out Scan-And-Go For Dallas Customers

PYMNTS

Convenience store operator 7-Eleven is rolling out scan-and-go options for customers in 14 stores in Dallas later this week, with an aim to equip all of its U.S. stores with the technology by next year. According to a report in USA Today , the aim is to make the stores more convenient for customers.

Dallas 198

Will Real-Time Rails in Canada Bring More Fraud?

FICO

Next year Canada will launch the Real-Time Rails – this is a significant step in Payments Canada’s modernization program. Real-time payments offer significant benefits to consumers and businesses, but they are not risk-free.

Fraud 52