Fri.Jul 12, 2019

Chase, HSBC executives headlining BCX Summit

Mobile Payments Today

Executives from two of the country's largest banks, Chase and HSBC, will keynote the upcoming Bank Customer Experience Summit, Sept. 23-25 in Chicago

Chase launches digital investment solution to compete with robo-advisers

Bank Innovation

JPMorgan Chase has rolled out a digital investment product that will help grow its relationships with the 60 million-plus U.S. households it counts as customers. You Invest Portfolios, which launched this week, is a mix of J.P. Morgan ETFs that balance risk and returns based on customer preferences.

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Podcast Episode 18: Earned income: Early access

Mobile Payments Today

Branch CEO Atif Siddiqi addresses the fight to help consumers gain financial flexibility

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Today In Data: Enhancing The Customer Experience With Call Center AI

PYMNTS

More call centers are beginning to rely on artificial intelligence (AI) for greater insights. In recurring payments, subscription commerce is having a “fear of commitment” moment.

Chase launches digital investment solution to compete with robo-advisers

Bank Innovation

JPMorgan Chase has rolled out a digital investment product that will help grow its relationships with the 60 million-plus U.S. households it counts as customers. You Invest Portfolios, which launched this week, is a mix of J.P. Morgan ETFs that balance risk and returns based on customer preferences.

How Delta Is Leveraging Apple’s Business Chat, AI For Better Customer Service

PYMNTS

Fighting off airlines’ reputation of slow, frustrating customer service desks, tied-up phone lines and exhausting wait times is becoming more critical as consumers grow used to quick and personalized services in the digital age. Modern customers want their issues resolved instantly, after all.

Apple 206

Standard Chartered adds mobile banking to social media platforms

Bank Innovation

Standard Chartered customers can now do their mobile banking through social media platforms.

More Trending

Chase launches digital investment solution to compete with robo-advisers

Bank Innovation

JPMorgan Chase has rolled out a digital investment product that will help grow its relationships with the 60 million-plus U.S. households it counts as customers. You Invest Portfolios, which launched this week, is a mix of J.P. Morgan ETFs that balance risk and returns based on customer preferences.

US 130

Walmart Looks For eCommerce Chief Revenue Officer

PYMNTS

To help lay out its battle pay to take on Amazon, Target and other competitors, Walmart is on the hunt for a new chief revenue officer for its eCommerce business in the U.S. The executive would work under Marc Lore, who is the company’s online leader, Fortune reported.

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Why It Is Critical to Update Your Core Deposit Study

Abrigio

By Urum Urumoglu Senior Consultant A financial institution’s internal pricing decisions and strategies are crucial to the safety and the soundness of the organization and to its interest rate risk management process in particular.

Study 130

Legal Pot Starts Pulling Its Retail Weight

PYMNTS

Trends in legal cannabis retail are just now emerging, and fresh numbers from Colorado are providing insight into how the industry is evolving.

Retail 188

Standard Chartered adds mobile banking to social media platforms

Bank Innovation

Standard Chartered customers can now do their mobile banking through social media platforms. Starting this month, the London-based company is letting customers in Botswana, Zambia and Zimbabwe transfer money to friends, view account balances and pay bills through social media platforms, including Facebook Messenger and WhatsApp. In a move reminiscent of Chinese apps Alipay and […]. Exclusive Experience & Design?

Can Better Digital Bookkeeping Make For Happier Landlords?

PYMNTS

Friction bedevils pretty much everything in commerce and payments, and that holds especially true for the management of rental property.

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Enabling TLS for IBM MQ inter-cluster communication

Perficient Financial Servies

In this post, we will take a look at enabling TLS for IBM MQ inter-cluster communication. Enabling TLS on the MQ cluster is one of the easiest things you can do for the security of your MQ infrastructure. Prerequisites.

Amazon Works On Home Robot, New Echo Speaker

PYMNTS

With its hardware foray keeping consumers connected to its ecosystem, Amazon is at work on a higher quality Echo speaker as well as its home robot. The eCommerce retailer is looking to roll out the new Echo product by 2020 per unnamed sources, Bloomberg reported.

Cash rules the day when Telstra outage cripples ATMs, payment systems across Australia

ATM Marketplace

Cash was king for three hours on Thursday in Australia when ATMs and Eftpos went down across the country due to a Telstra outage

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Facebook, FTC Reportedly Reach $5B Settlement

PYMNTS

The Federal Trade Commission and Facebook have reached a tentative decision to settle ongoing privacy issues with a $5 billion settlement, according to a report by The Wall Street Journal.

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Insights on Business

Watch this video now! AI Banking

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Facebook And FTC Reach $5B Settlement

PYMNTS

The Federal Trade Commission and Facebook have reached a tentative decision to settle ongoing privacy issues with a $5 billion settlement, according to a report by The Wall Street Journal.

Spanish authorities: bitcoin ATMs expose hole in AML laws

ATM Marketplace

Bitcoin ATMs, which aren't covered by anti-money laundering laws the same as banks, are making it difficult for Spanish authorities to bring down a major money laundering operation

ATM 97

Investors Eye B2B eCommerce, Expense Tools

PYMNTS

Though not the busiest week in B2B venture capital funding, investors presented a clear preference for corporate expense management and B2B eCommerce, with additional funding going toward logistics and small business banking firms for a total of $203.5 million raised this week. Ezyhaul. The logistics space saw another boost this week with the $16 million Series B funding round in Ezyhaul , reports in YourStory said this week.

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Chase, HSBC executives headlining BCX Summit

ATM Marketplace

Executives from two of the country's largest banks, Chase and HSBC, will keynote the upcoming Bank Customer Experience Summit, Sept. 23-25 in Chicago

Mark Cuban: Libra Cryptocurrency Is A ‘Big Mistake’

PYMNTS

Adding to the ranks of government leaders and others who have criticized Libra, billionaire tech businessman Mark Cuban has called out Facebook ’s digital currency venture. Cuban, who is a “Shark Tank” investor and owner of the Dallas Mavericks, believes that it is “a big mistake,” CNBC reported. The executive noted that he’s not so much worried about the impact on markets in the U.S. than at an international level.

Spanish authorities: bitcoin ATMs expose hole in AML laws

ATM Marketplace

Bitcoin ATMs, which aren't covered by anti-money laundering laws the same as banks, are making it difficult for Spanish authorities to bring down a major money laundering operation

ATM 66

Co-Founder Among Senior Executives Quitting Starling

PYMNTS

Amid expansion efforts of U.K. digital bank Starling, several senior executives — including Julian Sawyer, Starling’s co-founder and chief operating officer — have left this year. The exits come at a time the lender is attempting to speed up its growth, the Financial Times reports.

The case for market-based CRA reform

BankThink

Many oppose a metric-based approach, but there are ways it could actually work. Community development districts CRA Affordable housing Housing affordability Fintech regulations Fintech OCC

Citi Looks To Lead In Q2 Earnings

PYMNTS

Companies are beginning to release their second quarter earnings reports, and experts are pointing to Citigroup to outperform in the banking industry. Citi almost looks a bit like a ladder,” Sarah Potter told CNBC’s Trading Nation on July 9, predicting its stock to continue to climb.

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Amazingly, the SEC may have got it almost right with the Reg A Blockstack token offering and this may define a new innovation capital market

Daily Fintech

Napster blew up the music business with free and illegal. Then we had low cost and legal like Spotify, Pandora and iTunes. The same is happening to innovation capital. The summer of 2017 ICO, kicked off by Bancor, was the now illegal way to raise a lot of money easily and at virtually no cost.

Deep Dive: The Latest Initiatives To Expand Mobile IDs

PYMNTS

The world’s population is expanding and many citizens — particularly those in developing nations — have no means of proving their identities, restricting their access to vital services like education and healthcare.

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Financial Services Committee passes bills to reform credit reporting

BankThink

Legislation backed by Democrats to reform the credit bureaus and allow consumers greater access to their information advanced without any Republican support. Credit reporting Appraisals Financial inclusion Patrick McHenry House Financial Services Committee Experian Transunion Equifax

Colgate-Palmolive Strikes Deal To Buy Filorga Cosmétiques

PYMNTS

In a sign that Colgate-Palmolive is looking to diversify its interests beyond soap and toothpaste with deals, the consumer goods group has come to an agreement to purchase the Filorga Cosmétiques skincare business for €1.5 billion.

WEX enables mobile fuel payments for Shell Fleet customers

The Paypers

(The Paypers) WEX has revealed that WEX Fleet DriverDash is now available to fleet drivers at Shell-branded locations across the US

Subscriptions To Amazon Prime Slow Down Ahead Of Prime Day

PYMNTS

Subscriptions to Amazon Prime have been slowing down in the lead-up to Prime Day 2019, which is typically Amazon’s biggest shopping day of the year, according to a report by Fortune. At the end of last month, there was a total of 105 million Prime members in the U.S.,

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Trump team wary of Fannie-Freddie fix before 2020 election

BankThink

The Trump administration is growing wary of taking bold steps toward freeing Fannie Mae and Freddie Mac from federal control before the 2020 election, said people familiar with the matter, in part because of the political risk of potentially upending the U.S. mortgage market.

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Politicians In India Look To Pull Plug On TikTok

PYMNTS

Popular video-sharing app TikTok is being accused of spreading “indecent” content and sharing user data with the Chinese government, prompting politicians in India to call for its ban.

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No Cash At The ATM? Use A Micro-ATM

BankBazaar

There are long queues whenever you go to the bank branch nowadays. It’s even worse at ATMs. There are, of course, some ATMs that have claimed to be under repair in the past week and there are many ATMs that have been shut down. Are you running out of cash?

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Japanese Crypto Exchange Hacked For $32M

PYMNTS

A cryptocurrency exchange in Japan has admitted that it was hacked and lost 3.5 billion yen ($32 million) of digital currency, according to reports. The company, based in Tokyo, is called Remixpoint, and it runs an exchange called BITPoint. The company also has used car, travel and energy businesses.