Sun.Sep 17, 2017

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The Finanser’s Week: 11th September – 17th September 2017

Chris Skinner

This week’s main blog headlines are … Bankers see faster horses; technologists imagine cars I was chairing a conference on blockchain and distributed ledgers the other day. The audience were a mixture of start-ups and banks, and the speakers were talking about how they viewed the world of distributed ledger … The post The Finanser’s Week: 11th September – 17th September 2017 appeared first on Chris Skinner's blog.

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The World of Cryptocurrencies: A Reality Check on Why They Are Years Away From Replacing Fiat Currencies

Let's Talk Payments

Bitcoin and the underlying blockchain technology was invented/created over eight years ago as an alternative means of payment through the mining of digital currency (Bitcoin) by solving cryptic equations. The.

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Things worth reading: 18th September 2017

Chris Skinner

Things we’re reading today include … World’s Central Banks Can’t Ignore the Bitcoin Boom, BIS Says The Bank of England can’t remain in its ‘Brexit’ parallel universe forever Exclusive: At least 16 million bank cardholders exposed to fraud risk over PIN loophole PwC UK partners take home less profits despite … The post Things worth reading: 18th September 2017 appeared first on Chris Skinner's blog.

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FinTech – Too Big to Stay Unregulated

Let's Talk Payments

Financial technology has been growing by leaps and bounds in the last few years – with regard to the technology itself, the discovery of its use cases in making the.

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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

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An Open Letter Calling For The Establishment Of The Consumer Beverage Protection Bureau (CBPB)

Jeff For Banks

I'm fed up and not going to take it anymore! So I am proposing to my state's Senators to submit legislation to form the Consumer Beverage Protection Bureau (CBPB). Dear Senators Casey and Toomey: I am a citizen of your fine state and am writing to strongly encourage you to submit legislation to establish a Consumer Beverage Protection Bureau. The establishment will serve to protect the citizens of our fair land from the aggressive and deceptive practices of the beer industry.

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Over 200k credit card accounts stole in Equifax data breach

The Paypers

(The Paypers) Visa and Mastercard have been alerting financial institutions across the US about more than 200,000 credit cards stolen in Equifax’s data breach.

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Bionic Charlotte’s Web: Could Spiders Produce The Next Super-Strong Material?

CB Insights

The natural strength and toughness of spider silk makes it one of the most complex and fascinating materials on earth. And with a little chemical enhancement, researchers just created a version that’s three times stronger and ten times tougher. Scientists from the UK and Italy recently investigated whether incorporating various nanomaterials – namely graphene and carbon nanotubes – into the biological protein structures of spiders could create a superpowered silk.

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Blockchain-based identity platform Verif-y to launch token sale

The Paypers

(The Paypers) Verif-y , an identity and credential verification platform, has announced the rollout of its token pre-sale followed by a crowdsale on October 5th.

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Huobi, OKCoin to close Bitcoin trading in China

The Paypers

(The Paypers) Huobi and OKCoin , two Chinese Bitcoin exchanges, have announced that they will stop yuan-denominated trading by the end of October 2017.

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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

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Shopify introduces QR codes that connect directly to ecommerce items

The Paypers

(The Paypers) Shopify has announced Shopcodes , a service that allows customers to view a product in a Shopify store by scanning the QR code.

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Google launches Tez mobile payments app for India

The Paypers

(The Paypers) Google has launched Tez , a new UPI-based mobile payments app on the Indian market, for in store, online and P2P payments.

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Dutch cryptocurrency broker suffers second data breach

The Paypers

(The Paypers) Litebit.eu , a Dutch cryptocurrency broker, has suffered two separate data breaches in the past six weeks.