Chris Skinner

JANUARY 14, 2018

I’ve been at a few conferences this week, and was amused by an audience poll at one event. The moderator first of all asked: Do you believe that the regulators are in the incumbent’s pockets and protect the industry from new competition? You may find it gratifying that most of … The post Innovation with compliance is difficult appeared first on Chris Skinner's blog.

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Payments Source

JANUARY 14, 2018

With merchant services provider Cayan firmly under its umbrella, Total System Services is prepared to venture deeper into retail acquiring and processing through Cayan's omnichannel Genius platform.

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Chris Skinner

JANUARY 14, 2018

Things we’re reading today include … Open banking? I think I’ll be keeping my door shut ‘Open Banking’ revolution will leave account holders at mercy of ‘hackers and thieves’, banks warn ‘Open banking’ begins today. It poses one major threat to your money Boom time: Clear Bank founder Nick Ogden … The post Things worth reading: 15th January 2018 appeared first on Chris Skinner's blog.

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Payments Source

JANUARY 14, 2018

With less than three months before the PCI DSS Requirement 8.3 takes effect, all involved in the handling of cardholder data must take definitive steps to review, implement and upgrade their multi-factor authentication strategies and implementation to assure compliance, writes Dirk Denayer, business solutions manager at VASCO Data Security.

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Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

Lending

Let's Talk Payments

JANUARY 14, 2018

FinTech and new ways of operating money have brought a significant paradigm shift in our lives. As technology changes, it affects our behavior. Kai Ren, Former VP of Goldman Sachs.

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Let's Talk Payments

JANUARY 14, 2018

YES BANK, India’s fifth-largest private sector bank, has been a pioneer of several key technology innovations since its inception in 2004. YES BANK continues to be at the forefront of.

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Money and Payments

JANUARY 14, 2018

Now that we have the second Payment Services Directive going live in a couple of jurisdictions, the news media are reporting on one of its prominent features: the retailers do not have the right to pass on payment fees to consumers for all cards that are subject to the EU regulation on multilateral interchange fees (MIFs). As can be seen in the tweet below, the UK chose to extend this to 3 party schemes as well.

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The Paypers

JANUARY 14, 2018

(The Paypers) Bank of America has said it processed nearly 68 million Zelle transactions in 2017, an 84% increase from 2016, reports AmericanBanker.

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