Sun.Dec 10, 2017

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Rwanda: Africa’s first cashless economy?

Chris Skinner

Another presentation that was enlightening was delivered by Jean Claude Gaga, CEO of RSwitch Ltd, the national e-payment switch of Rwanda. Jean Claude gave an overview of how Rwanda is moving towards a cashless economy and I was particularly interested as I chair Dot Finance in Kigali each year, and … The post Rwanda: Africa’s first cashless economy?

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FinTech year in review: What we saw and where we’re going

Insights on Business

Things seemed different at Sibos this year. The dominant story is that fintech startups and banks are better off as friends than foes. Fintech, once seen as a disruptor, is now becoming a mainstream and also a collaborating partner. Taking advantage of each other’s strengths is leading to strong value and profit. Consumers have been conditioned by Google and Apple to see that banking services can be much more accessible and convenient from a mobile device.

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The Finanser’s Week: 4th December – 10th December 2017

Chris Skinner

This week’s main blog headlines are … How difficult is financial inclusion? There were lots and lots and lots, literally, of focus upon mobile and financial inclusion in my Sudan conference. I guess because only 4% of the adults who live there are banked. You heard me, just four percent. … The post The Finanser’s Week: 4th December – 10th December 2017 appeared first on Chris Skinner's blog.

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bobsguide's interviews of the year: Soiphie Guibaud, VP Fidor Bank | Fintech Recap 2017

Bobsguide

In our latest review of the past 12 months, we take another look at bobsguide's exclusive interview with Sophie Guibaud, VP of European Expansion at Fidor Bank. How did you get started in the fintech industry and what’s your role at Fidor Bank? I started my career in investment.

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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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Bitcoin's whiplash market is the beginning of its maturity

Payments Source

We’ll view this wild rally as the starting point of cryptocurrencies becoming mainstream. They cannot be defined as a fad any longer, writes Nigel Green, founder and CEO of deVere Group.

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In the gig economy, Payment Rails aims to speed payments to ‘influencer marketing’

Payments Source

Payment Rails is putting a tight focus on the emerging area of “influencer marketing,” where global brands are spreading money among individuals who use social media to promote products.

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How can RegTech make bank clients happy again?

Urs Bolt

How can RegTech make bank clients happy again? #RegTech is more than just the new #FinTech. Regulatory compliance must become a largely automated and recurring process; collaboration with regtech firms is key – its success, though, depends on various factors. Given that the preconditions are met, they can fulfil the promises and requirements of the regulator and financial-services provider alike… Read more about ‘ How can RegTech make bank clients happy again?

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Is Bitcoin evolving into a store of value?

The Banker Technology

Bitcoin founder Satoshi Nakamoto originally suggested it as a peer-to-peer form of electronic cash. But as the cryptocurrency gains credibility as an asset class, and demand grows for its use in emerging markets, it is beginning to resemble gold as a store of value, writes Daniele Bianchi.

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Walmart to qualify more items on Walmart.com

The Paypers

(The Paypers) Walmart is planning to reach out 90% of Americans who live within 10 miles of a Walmart store, qualifying more items on Walmart.com for same-day pickup in stores than ever before.

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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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Things worth reading: 11th December 2017

Chris Skinner

Things we’re reading today include … Why banks will share your financial secrets Deutsche Bank hands bank records of Trump affiliates to Robert Mueller The ‘bank’ message that cost a student £5,400 of her loan money Why a hard Brexit for financial services is unlikely Stress test the world economy … The post Things worth reading: 11th December 2017 appeared first on Chris Skinner's blog.

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