Wed.Jan 09, 2019

Crypto Forecasts for 2019

Chris Skinner

There has been a lot of thinking and rethinking during 2018 about blockchain, cryptocurrencies, bitcoin and everything digital currency related. I wrote about the challenges getting blockchains implemented for example, and was surprised to find myself enduing up as a network meme.

2019: An artificial intelligence-enhanced AML odyssey

Insights on Business

Welcome to the brave new world of regulatory technology.

Cherry Home CEO: The Future Of Smart Homes And Independent Senior Living

PYMNTS

When talking about advances in home automation and artificial intelligence (AI)-guided systems for consumers, the conversation has a natural tendency to drift toward younger consumers, particularly millennials.

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Things worth reading: 10th January 2019

Chris Skinner

NEW DATA: Digital Marketplaces And The $1.4T Gig Payments Opportunity

PYMNTS

As 2018 came to a close, unemployment was at historic lows — thanks in part to growth in the gig economy. In Q3 2018, the portion of gig workers in the U.S. workforce rose to 35.6 percent, up from 32.2 percent in Q3 2017 and 29.5 percent in Q3 2016.

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Where Does the Plaid-Quovo Deal Leave Startups?

Bank Innovation

Fintech startup Plaid, a quiet unicorn doing a lot of the heavy lifting in the API space, announced its first major purchase this week. The San Francisco-based company will acquire its competitor Quovo, a wealth management startup that aggregates investment and brokerage data.

IPOs On Pause As Gov’t Shutdown Drags On

PYMNTS

The government shutdown could force companies planning to go public in the early part of 2019 to postpone their IPOs.

More Trending

Square Launches In-App Payments Kit For Sellers

PYMNTS

Payment company Square , popular for its square-shaped mobile card reader, has released an in-app payments software development kit (SDK) that will give developers and sellers alike a new way to process payments. The company announced on Wednesday (Jan.

Marcus by Goldman Sachs Wants People to Be Financially Fit…. and Then Buy Its Products

Bank Innovation

Taking advantage of the timely New Year's resolution mentality, Marcus, the online consumer lender from Goldman Sachs, released what it calls Financial Workouts 2019 to help consumers get in better financial health. Users are required to determine their financial personalities based on a list of characteristics presented on the site. And then based on that […].

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Batch And Creating Omnichannel Context For Furniture Commerce

PYMNTS

Furnishing a living space – whether it’s a house or an apartment – can be challenging work for those who are not design-oriented, particularly when it is their first time and they are trying make their home look like the dwelling of an adult human being.

Alibaba acquires Germany-based big data startup Data Artisans for USD 103 mln

The Paypers

(The Paypers) Alibaba has acquired Data Artisans , a Germany-based startup providing large-scale data streaming services for enterprises, for USD 103 million

What’s The Reward For Early 5G Deployment? Asia Will Soon Find Out

PYMNTS

South Korea is taking an early lead in deployment of 5G , with three of the country’s telecoms recently deploying the service.

The Battle To Build The Bank Of The Future

CB Insights

DOWNLOAD THE 61-PAGE consumer banking REPORT. See how JPMorgan, Bank of America, Citi, and others are building a “digital-everything” business model for consumers. Email. Fintech startups that have garnered millions of customers are now shifting their focus to adding new products and services — and potentially even building out full-scale banking platforms.

Jacqueline’s Teas On Crafting Tea House-Inspired Subscriptions

PYMNTS

Tea subscription services are taking inspiration from tea houses, with entrepreneurs bringing family businesses online.

Insurtech Front Page Weekly CXO Briefing – Cars and Auto Insurance

Daily Fintech

The Theme last week was a preview for InsurTech in 2019. The Theme this week, is about cars and auto insurance. The auto industry is in the process of revolution with the emergence of connected cars and sharing economy. Sometime it concerns insurance, sometime it doesn’t.

Bitcoin Daily: French Tobacco Shops Have Bitcoin For Sale; China Mobile Creates Blockchain Water Purifier

PYMNTS

Coinbase reportedly stopped all Ethereum Classic (ETC) transactions following a potential so-called “double spend” attack, The Hacker News reported. The cryptocurrency exchange found “repeated deep reorganizations” of the digital currency’s blockchain.

API-equipped banks put pressure on technology vendors

Bobs Guide

Technology vendors need to support the adoption of microservices or risk banks pivoting to a model of self-sufficiency, according to Hans Tesselaar, executive director at BIAN. “Each year you see fewer and fewer core banking vendors appearing on industry rankings tables,” he says

Small Businesses At The Center Of Bots Vs Accountants

PYMNTS

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Digital customer onboarding â?? are you doing it wrong?

Bobs Guide

Until recently, proving our identity has been a fairly straightforward process. After all, almost all of us have access to some form of physical identification which we’re able to produce as necessary. Go through immigration and we present our passport or identity card. Hire a car and we hand

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Self-Driving Tech Startup Mobileye Expands To China

PYMNTS

Self-driving tech startup Mobileye is expanding its business in China through two new partnerships. The Israeli company, which was bought by Intel in 2017 for $15.3

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PSA exemption from clearing obligation to be extended by four years

Bobs Guide

The exemption for pension scheme arrangements (PSAs) to clear over-the-counter (OTC) derivatives through central clearing houses under the European Markets Infrastructure Regulation (Emir) is to be extended for a further four years under the regulation’s Refit proposals, according to a

Faster Payments, Open Banking Should Keep Treasurers On High Alert

PYMNTS

While financial services (FinServ) innovations often emerge with built-in security measures, new market trends — including faster payments and open banking — are introducing new security threats to corporate treasury departments, according to cybersecurity company BioCatch.

Key blocks are coming!

ATM Marketplace

Visa’s key block mandate will require FIs and partner companies to comply by 2019. In this white paper you’ll learn what you need to do now to get ready for Key Bundling

AI Startups Culled $9.3B In 2018

PYMNTS

New data shows that venture capital funding of artificial intelligence (AI) companies jumped a whopping 72 percent last year, hitting a record $9.3 billion.

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Competing in a Digital-first Environment: Is your Origination Process Ready?

FICO

“He who defends everything defends nothing”.

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Small Business Optimism Begins Its Downswing

PYMNTS

After record levels of optimism among U.S. small business owners last year, it appears the trend may be over. Reports in the Wall Street Journal on Tuesday (Jan. 8) said entrepreneurs in the U.S.

Credit card data breach at DiscountMugs.com

The Paypers

(The Paypers) DiscountMugs.com , a large online custom mug store, had a four-month-long data breach just before the Christmas holiday season, according to TechCrunch

The Race For Controlling Connected Car Commerce Speeds Up

PYMNTS

The commuter consumer is a very real phenomenon that is on the rise. A quick look at the latest edition of the PYMNTS Digital Drive report shows that commuting is a $230 billion connected commerce experience.

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Fintech funding reaches new high

BankThink

Efforts to build better connections to bank customer data, trade digital currency and explore artificial intelligence for security and compliance purposes were some of the biggest draws of fundraising for U.S. startups. Venture capital Venture funding Fintech Data security Data management Cryptocurrencies Plaid Technologies Quovo Coinbase

Carmakers Pump The Brakes On Driverless Technology

PYMNTS

Many carmakers have softened their stances on driverless technology because they’re not sure if the tech is quite ready for the mainstream.

IXOPAY, Austrian Post to streamline in-house payment processing

The Paypers

(The Paypers) IXOPAY has announced that Österreichische Post AG (The Austrian Post) is its newst client

How Connected Consumers Shop During The Commute

PYMNTS

With the help of connected car technology, the morning and evening commutes are no longer just a time for consumers to drive to and from work: These periods of the day between home and work life are also becoming a time where retailers can engage shoppers in contextual commerce experiences.

USD 30 mln for SME digital growth under the Start Digital initiative

The Paypers

(The Paypers) Singapore-based Infocomm Media Development Authority and Enterprise Singapore’s initiative Start Digital have rolled out USD 30 mln financing for SMEs

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Walgreens Brings Mobile Technology To Stores

PYMNTS

To help improve the productivity of workers and enrich the customer experience, Walgreens is tapping into mobile technology as it bridges the digital and brick-and-mortar store experiences.

JetPay, CardFlight to bring more ways to accept payments for US businesses

The Paypers

(The Paypers) CardFlight and JetPay has inked a deal to provide US small businesses with a new solution for their payment acceptance and business management needs

CA Lawmaker Wants Receipts To Go Digital

PYMNTS

A California lawmaker wants to make paper receipts a thing of the past.

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Chinese travel companies restructure to comply with new ecommerce law

The Paypers

(The Paypers) Travel apps including Ctrip and Tuniu have restructured their formats to comply with China’s new ecommerce law