Sun.Oct 22, 2017

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The latest on Apple Pay (#Money2020)

Chris Skinner

I just attended the Money2020 opening session where Jennifer Bailey, who heads up Apple Pay, made a series of statements and announcements about the three-year anniversary of Apple Pay. Released on October 20, 2014, the wallet is now used extensively in the USA and 19 other countries, including newly added … The post The latest on Apple Pay (#Money2020) appeared first on Chris Skinner's blog.

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Alipay puts emphasis on partnerships as merchant acceptance grows in North America

Payments Dive

Souheil Badran, president of Alipay North America, spoke Sunday at the annual Money20/20 conference in Las Vegas to give attendees the current bird's-eye view of Alipay's operations outside of China.

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The Finanser’s Week: 16th October – 22nd October 2017

Chris Skinner

This week’s main blog headlines are … Why bankers only see horses and technologists are creating cars I was at a large bank’s wealth management conference recently, where the CEO was being quizzed about various areas including a lot about technology and FinTech. He made several statements that I noted … The post The Finanser’s Week: 16th October – 22nd October 2017 appeared first on Chris Skinner's blog.

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Bank moves are a pivot point for cryptocurrency

Payments Source

Much of the excitement revolves around the development of scaling solutions that may enable Bitcoin, Ethereum, and other blockchains to reach a truly global user base, writes Nick Spanos,founder of the Bitcoin Center.

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Live Demo: How to Achieve Reconciliation Zen

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

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Fresh news from innovation labs

ABA Community Banking

Wells selects 4 new firms for Startup Accelerator; NY Fintech Lab launches insurtech program Technology Fintech.

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Bungoma Integrated Industrial Project

Bankelele

The Bungoma Integrated Industrial Project (BIIP) blueprint plan by the Stevenson Group of Washington DC has appeared as a full-page advertisement in the Kenyan newspapers inviting local firms to indicate interest in participating in a mega-project that encompasses affordable housing, agribusiness, industry, dams, airports etc. The BIIP will be done with all the counties along the […].

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GarantiBank deploys Asseco fraud monitoring solution

The Paypers

(The Paypers) GarantiBank , member of BBVA Group, has deployed Asseco SEE solution, InACT Enterprise Fraud Management, to prevent and monitor fraud.

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UFAA: Snooze and Lose Your Investments: Part III

Bankelele

Kenya’s Unclaimed Financial Assets Authority (UFAA) is reminding companies that there is a deadline of November 1 to surrender all unclaimed financial assets to the authority, and that failure to remit them will attract a penalty of 1% above prime rate per month per annum. Earlier, there was a report that as at August 8.73 billion worth […].

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An Uncertain Future: New Entrants In The Food Delivery Space Decline As Existing Startups Struggle

CB Insights

Food delivery startups originally became popular among VC investors in the early 2010s, with many large players such as Blue Apron (now public and struggling) quickly reaching high private-market valuations, and encouraging new competitors to enter the market. However, as competition has increased and startups have struggled to find a financially viable business model, the challenges of food delivery have become more apparent to investors, and activity in the space has begun to cool.

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New York Lien Law Essentials: 5 Key Facts for Commercial Lenders

Dive into the complexities of New York lien laws with our comprehensive eBook, 'New York Lien Law Essentials: 5 Key Facts for Commercial Lenders.' In this detailed guide, we explore the critical formalities necessary for lenders navigating ground-up construction and fix-and-flip projects in the New York market. From documentation requirements to the implications of non-compliance, learn how to safeguard your lending position and prioritize legal adherence.