Sun.Jul 23, 2017

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The Finanser’s Week: 17th July – 23rd July 2017

Chris Skinner

This week’s main blog headlines are … Why FinTech start-ups think they can beat the banks There’s an old joke about the guy who’s lost driving in the countryside who stops to ask a pedestrian how to get to the city. The pedestrian replies: “oh, if you want to get there, I wouldn’t start from here”, and this is exactly how … DenizBank, Turkey … the visible bank One of the presentations I particularly enjoyed at the EFMA meeting was from Gürhan Çam, Senior Vice President- Digital Banking at Deniz

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FinTech Week in Review: Venmo, Amazon Pay Places, & the Top 21 of AI

Let's Talk Payments

This week’s FinTech Week in Review looks at changes in FinTech that are more than the sum of their parts. Payments aren’t about payments and competitions aren’t about winners –.

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Lots of training and security layers are needed to plug breaches

Payments Source

Cyberattacks are on the rise, but that doesn't mean that becoming a victim is inevitable. The right preventative measures and best practices can help secure digital assets and customer data, writes Robert Fifield, co-founder of Payably.

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Why Finance is becoming Hyperscalable

Disruptive Finance

My thesis has long been that technology would have a huge impact in finance, but that it wouldn’t be a linear process. Let’s summarise where we are in this transformation of finance: 2013 onwards: huge enthusiasm in Fintech and the vision that tech would transform finance with disruptors challenging traditional companies. My view at the time:(.).

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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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Despite advantages, Canada still soft on mobile payments

Payments Source

Mobile wallets have failed to excite many consumers, but Canada has an extreme case of paralysis underscoring the stark need for ongoing incentives to get consumers to change their payment habits.

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Things worth reading: 24th July 2017

Chris Skinner

Things we’re reading today include … Bank of America to move some City of London roles to Dublin post-Brexit Deutsche Bank expects subpoenas over Trump-Russia investigation Frankly, banks – it’s time to give a damn about your image Big banks are closing branches and investing in more important real estate—your phone U.S. venture capital’s digital coin quandary: cash-rich startups European banks struggle to solve toxic shipping debt problem Federal Reserve now faces prospect of

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