Bank Innovation
SEPTEMBER 29, 2017
There’s been a lot of discussion in the banking industry about open APIs that can enable different software technologies to work together with the promise of spurring innovation and shortening time to market for new services. It’s the right conversation to be having, but it tends to overlook the inherent challenges in banking software. If […].
Payments Dive
SEPTEMBER 29, 2017
B2B businesses are typically older, running on what they know and what’s come before them. As a result, the $6.7 trillion B2B e-commerce opportunity remains largely untapped – and payments represent an important part of that untouched territory.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Chris Skinner
SEPTEMBER 29, 2017
This is my wife. She doesn’t know she’s appearing on my blog today, but it doesn’t matter because she doesn’t exist. Well, she does physically but, according to my bank, she doesn’t exist. I only discovered this recently, due to trying to open a new joint investment account. To open … The post My fictional partner appeared first on Chris Skinner's blog.
Bank Innovation
SEPTEMBER 29, 2017
EXCLUSIVE— With P2D2 and other regulatory initiatives mandating the sharing of customer data, open banking is slowly becoming a reality in the United Kingdom and other European countries. Other areas like the United States, however, have not been quite so prolific, a fact that might actually make UK fintechs more appealing to customers if those […].
Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem
Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.
Payments Dive
SEPTEMBER 29, 2017
Bodega's social media firestorm will help educate the automated retailing industry and the technology community about the need to be direct with the public on important forthcoming changes.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
PYMNTS
SEPTEMBER 29, 2017
Amazon has sold $1.6 million in Whole Foods products in the first month since acquiring the national grocery chain. According to news from The Wall Street Journal , this is one of the first infusions of cash the eCommerce giant has delivered to Whole Foods through its website. Amazon completed $500,000 in online grocery sales in the first week after it started offering Whole Foods’ “365 Everyday Value” products, according to One Click Retail eCommerce data.
Bank Innovation
SEPTEMBER 29, 2017
EXCLUSIVE – With the Equifax hack, the perils of a data breach are no longer a hypothetical problem. The hack has laid out the red carpet for startups focusing on data security. Nuggets is one such company. Based in London, Nuggets is a zero-knowledge security company that uses blockchain technology and biometric authentication to protect […].
Abrigo
SEPTEMBER 29, 2017
Imagine the following scenario. An analyst is preparing a risk rating as part of an account’s annual review. She has spread the most recent financial data and updated answers to qualitative questions in the scorecard. She knows this credit well because she has managed it for two years and talks to the CFO regularly. When the risk rating is calculated, however, the scorecard result does not match what she was expecting.
PYMNTS
SEPTEMBER 29, 2017
What’s better than being able to boss Alexa around at home? How about being able to boss her around everywhere else, too? It’s becoming possible with hearables — and no, that’s not a typo. Hearables may be the next big wearables if the voice activation trend continues the way it’s been going. The world already has Bluetooth earpieces and wireless earbuds.
Advertisement
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
Bobsguide
SEPTEMBER 29, 2017
The financial industry continues to shift at a fast pace, impacted by disruptive fintech and regtech, as well as new complex global regulations and a diversified challenging business environment. As a result the costs associated with complying with financial compliance and risk mitigation are.
PYMNTS
SEPTEMBER 29, 2017
Banks are finding it more difficult than ever to ignore potential FinTech partnerships that could better serve their corporate customers. When it comes to corporate treasury, business clients demand robust solutions and services from their banks, and FinTech players are stepping in to help. But the banks themselves also have complex demands for their own treasury departments, which, like other corporations, must be able to manage finances, risk and compliance.
Bobsguide
SEPTEMBER 29, 2017
What is the Internet of Things (IoT)? First coined by Kevin Ashton of Procter & Gamble in a 1999 article describing how RFID tags might make industrial production more efficient, IoT has come to mean a great deal more than it was originally intended. Having said that, the core principles.
PYMNTS
SEPTEMBER 29, 2017
A smartwatch can act as a personal trainer that motivates the user to reach daily exercise goals. And, as smartwatches have enjoyed consumer popularity, it seems that there are opportunities for the devices to add new capabilities and play different roles. When Fitbit ’s latest smart device, the Ionic smartwatch, releases next month, contactless payment capabilities will be available as an integrated feature.
Advertisement
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
Let's Talk Payments
SEPTEMBER 29, 2017
Gabriel Moynagh, CEO of cybersecurity firm Sysnet, explains how acquirers can replace revenue from PCI DSS penalties for non-compliance with a managed service offering that improves customer relationships and boosts.
PYMNTS
SEPTEMBER 29, 2017
PingPong Financial Group , a Chinese FinTech company, has received a Payment Institution (PI) license from the government of Luxembourg. In a press release, the company said its Luxembourg entity, PingPong Europe S.A., was issued the license by Minister of Finance Pierre Gramegna of Luxembourg, making it the first Chinese FinTech company to establish European offices in the country.
Payments Source
SEPTEMBER 29, 2017
Meetings between bank regulators and technology giants like Amazon and PayPal underscore Silicon Valley's growing involvement in the financial services arena, and may presage pursuit of a bank charter.
PYMNTS
SEPTEMBER 29, 2017
While Swiss financial watchdog FINMA announced it is investigating a number of initial coin offerings (ICOs) for possible breaches of Swiss law, South Korea has decided to ban the crowdfunding method altogether. According to news from Reuters , the Swiss investigation is the second crackdown in less than two weeks by FINMA and could lead to greater regulatory oversight of some of the most prominent blockchain projects in “Crypto Valley,” located in Zug, Switzerland.
Advertisement
Commercial lending is on the verge of a resurgence, but traditional processes are an obstacle. Explore the top 3 reasons for resistance to digital transformation and how overcoming them can pave the way for growth and efficiency. Discover why embracing automation and digital solutions is crucial for success in today's competitive landscape. Discover how GoDocs helps commercial lenders in the digital era with seamless integration and a borrower-focused approach.
Payments Source
SEPTEMBER 29, 2017
Diminished returns from basic card breaches will turn crooks' attention to much larger and more dangerous attacks on entire payment systems, writes John Christly, global chief information security officer for Netsurion.
PYMNTS
SEPTEMBER 29, 2017
When Facebook bought Oculus Rift for $2 billion in 2014, the acquisition wasn’t exactly regarded as a stroke of business genius. Wired referred to it as a bet too far; The Guardian said the purchase was made “because Mark Zuckerberg is rich and powerful, and because he can.”. They then noted what was the popular “uncharitable view” of the time: “Oculus VR is a boy’s toy for Facebook’s still-youthful CEO: He tried the Rift and loved it so much he bought the company.”.
NCR
SEPTEMBER 29, 2017
Recent figures from the ATM Industry Association (ATMIA) have underlined just how significant a role the humble cash machine – which turned 50 this year – continues to play in the financial system. The capability of the self-service channel is evolving all the time, with ATMs taking on an increasing number of tasks and transactions that were once restricted to the branch.
PYMNTS
SEPTEMBER 29, 2017
As predicted, Amazon has a new Echo coming out in time for the holidays – and here’s how it plans to compete with Apple’s HomePod. Speaking of competing with Apple, the two are now in a price war over ultra HD video streaming, while Amazon’s free hand battles Google over the search engine giant’s surprise (or not) decision to stop supporting YouTube videos on the Echo Show.
Advertisement
As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.
Bobsguide
SEPTEMBER 29, 2017
Stephen Stuut is the CEO of leading digital identity verification company Jumio. He has a wealth of experience in the financial services industry and is a leading senior technology executive with an extensive track record of transforming companies into profitable businesses with a clear market.
PYMNTS
SEPTEMBER 29, 2017
Investment in B2B FinTech startups came through a variety of channels this week, from venture capital to growth equity. In total, backers placed $273 million across companies operating in alternative finance, treasury management, software-as-a-service (SaaS) and B2B sales tech. But one company in China took home an impressive two-thirds of the total funding raised this week, an investment that will help the firm land a slice of a $1.6 trillion market.
Payments Source
SEPTEMBER 29, 2017
Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Timex adds bPay; SAP expands blockchain; Fidelity pushes bitcoin; Overstock looks to benefit from ICOs.
PYMNTS
SEPTEMBER 29, 2017
For consumers looking for mobile banking options, there’s no shortage of solutions available in digital download stores alone. But, in such a jam-packed space, how can a startup stand out from the crowd? For U.K.-based, startup, digital and mobile financial firm Starling Bank, the answer has often involved trying to stay ahead in the crowded digital banking race.
Advertisement
Get ready for the wave of $1.2 trillion in commercial debt maturing in the next 24 months with GoDocs' ModDocs® platform. Traditional loan modifications are slow, expensive, and prone to errors, which put lenders at risk. But with ModDocs®, you can enjoy an innovative solution that eliminates attorney fees, allows on-the-fly loan modifications, and ensures compliance.
Expert insights. Personalized for you.
318 
Let's personalize your content