PYMNTS

DECEMBER 30, 2018

Italy’s Ministry of Economic Development has published a list of 30 experts who have been tasked to develop the country’s blockchain strategy. The experts include Angiolini Giorgio, head of marketing at telecom firm Italtel and also a member of UN INFO’s blockchain group; Monaco Marco, head of the blockchain competence center at PWC Italy; Pimpinella Martino Maurizio, president of the Italian Association of Paying Services Providers; and Vitale Marco, president of blockchain firm Qua

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Tech and Finance

DECEMBER 30, 2018

Two of Africa’s largest mobile operators and mobile money providers, Orange Group and MTN Group , have announced they will use open source financial services technology that was sponsored by the Bill and Melinda Gates Foundation. The two companies call their joint venture Mowali (mobile wallet interoperability), to enable interoperable payments across the continent.

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PYMNTS

DECEMBER 30, 2018

Amazon is reportedly gearing up to expand the number of Whole Foods stores around the country to enable more customers to use its speedy delivery service, reported the Wall Street Journal. According to the report in the Wall Street Journal , Whole Foods Market aims to have stores in more suburban areas where it has been gaining customers since Amazon bought it.

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Tech and Finance

DECEMBER 30, 2018

Cyber security pros and risk analysts should be better than the average person at detecting fraud, but a little over three percent submitted their personal identification information to sign up for an app described as “Shazam for voice identification.”. Credit Trulioo, a global identity and business verification company, which launched an online fraud experiment to evoke some interest around International Fraud Awareness Week.

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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

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PYMNTS

DECEMBER 30, 2018

Apple was dealt more bad news on Friday (Dec. 28) when Citi Research cut its estimates for iPhone production in the first quarter, becoming the latest Wall Street firm to go negative on the Cupertino, California iPhone maker. Reuters , citing Citi Analyst William Yang, reported that Citi Research expects Apple to make 45 million iPhones in the first quarter, lower than the 50 million estimates Yang previously had.

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Lars Markull

DECEMBER 30, 2018

The year 2018 is coming to an end and it’s time for me to pick up my weekly blogging again. My last blog post is actually from May and a busy summer season gave me enough excuses to not start again. And once the habit is broken it’s easy to ignore it for a longer time. But now with the new year ahead and thinking about some new year resolutions, it’s a good moment to start this again.

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Tech and Finance

DECEMBER 30, 2018

The Money 2020 USA Hackathon in Las Vegas this year set a challenge of financial inclusion. Reshud Dani and Jay Lohokara. “Help Visa create a future where consumers, families, or small businesses are able to reach their financial goals using innovative solutions. Join us to help solve the challenge of financial exclusion. Think about a use case for the following categories: cash free solutions, credit, access to financial education and business skills, identification verification.”.

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Tech and Finance

DECEMBER 30, 2018

Payment systems are moving to real-time around the globe, according to a the fifth annual “ Flavors of Fast ” report from FIS , the financial technology powerhouse. The annual report was begun by Clear2Pay, which FIS acquired in 2014. FIS found 40 active real-time payment programs around the world, up from 25 in 2017 and nearly three times as many as the company’s inaugural 2014 study.

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