Sun.Aug 19, 2018

article thumbnail

How AI will change banking

Chris Skinner

The World Economic Forum has been conducting research over the last year around how AI (Artificial Intelligence) will change banking that was published last week. Here’s the lowdown: Artificial intelligence is fundamentally changing the physics of financial services. It is weakening the bonds that have held together the component parts … The post How AI will change banking appeared first on Chris Skinner's blog.

article thumbnail

Visa's outage shows the value of modern quality assurance

Payments Source

Even as the payments landscape has become increasingly complicated and convoluted over the past several years, many industry players have not kept pace with their payments testing methods or tools, writes Steve Gilde, director of global product marketing for Paragon Application Systems.

Tools 94
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Finanser’s Week: 13th August 2018 – 19th August 2018

Chris Skinner

The main blog headlines this week are … Do we need a blockchain? I haven’t written about blockchain for a while. I guess it’s because I got bored of it. I’m not bored of the promise of blockchain and distributed ledger technologies. Just bored of how much hype there has … The post The Finanser’s Week: 13th August 2018 – 19th August 2018 appeared first on Chris Skinner's blog.

article thumbnail

Issuers to get a trove of new risk data after 3-D Secure testing milestone

Payments Source

After 20 years of working with a clunky, time-consuming 3-D Secure authorization method for online purchases, the wheels are finally in motion to get the upgraded 2.0 version in place for merchants and banks, granting access to more data for spotting fraud.

article thumbnail

Digital Transformation: Accelerating ROI and Growth in Commercial Lending

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

article thumbnail

Creating a Culture of Compliance

ABA Community Banking

As the number of banking industry laws and regulations has multiplied over the last decade, it has created a significant financial burden, causing bankers to think about compliance in a completely different way. Feature Compliance Feature3.

More Trending

article thumbnail

‘Amazon Bank’ Is Already Here (Without a Charter or Regulatory Approval)

The Financial Brand

Nothing can stop Amazon. Not even regulators or geographic borders are slowing down their incursion into the banking industry. The post ‘Amazon Bank’ Is Already Here (Without a Charter or Regulatory Approval) appeared first on The Financial Brand.

article thumbnail

ARM Insolvency

Bankelele

The appointment last Friday of joint administrators for ARM Cement was a surprise for the shareholders of the cement company that is listed on the NSE. But by ARM going into insolvency, this will give the company an opportunity to continue operations while organizing its debt position. ARM Cement had loans with Stanbic Bank Kenya, […]. The post ARM Insolvency appeared first on Bankelele.

article thumbnail

AI Could Destroy Traditional Banking As We Know It

The Financial Brand

Artificial intelligence (AI) may create a banking industry where scale and agility win at the expense of the traditional mid-sized players. The post AI Could Destroy Traditional Banking As We Know It appeared first on The Financial Brand.

article thumbnail

Coinbase gains secure bitcoin payments system patent

The Paypers

(The Paypers) Coinbase has recently published a patent seeking to provide a way of making bitcoin purchases more secure for customers.

Bitcoin 28
article thumbnail

The State of Automation in Financial Services 2024 Report

In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202

article thumbnail

Things worth reading: 20th August 2018

Chris Skinner

Things we’re reading today include … ‘Day of starvation’ as CommBank online customers unable to access funds Trump aims sanctions at Iran … Hong Kong bank customers get hit EU may force banking jobs away from UK after Brexit, warns City boss Billionaire racehorse owner launches court case against Lloyds … The post Things worth reading: 20th August 2018 appeared first on Chris Skinner's blog.

Online 164