Tue.Jan 02, 2018

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Will 2018 Be Ether’s Year?

Bank Innovation

EXCLUSIVE – If 2017 was the year that brought bitcoin into mainstream finance, will 2018 be the year for ether? Powered by the Ethereum blockchain, ether started the new year on a positive note, hitting an all-time high of $914 today, according to CoinDesk’s Ethereum Price Index. While the currency’s price has wobbled since then, […].

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PayPal sets the pace for the payments industry in 2018

Payments Dive

For a company once known as a threat to the card networks and banks, PayPal is now an ally as it pushes forward with digital payments.

Industry 330
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How will the world change in 2018?

Chris Skinner

I was asked by my speaker’s agency – Speakers Associates – to give some predictions for 2018. It was interesting to see that they did the same with six other speakers and so thought I would share all of our thoughts here today. How will the world change in 2018? … The post How will the world change in 2018? appeared first on Chris Skinner's blog.

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Russian Cryptocurrency Designed to Evade Western Sanctions

Bank Innovation

Russia’s president Vladimir Putin has commissioned work on a state-run cryptocurrency that can circumvent other cryptocurrency sanctions around the world. The cryptocurrency is being called Cryptorouble. Back in October, the Russian Minister of Communications and Mass Communications first mentioned the possibility of the state-run cryptocurrency. According a Financial Times report yesterday, Putin’s economic advisor Sergei […].

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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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All Your Customers Want for the New Year is a Good Customer Experience

Payments Dive

The winter holiday season is such a great time to be with family and friends. It’s a time when we think about others and give gifts to the people we love. Everyone’s mind is on making the holiday experience perfect. As such, customers and companies alike are extra sensitive to their customer experience (CX). I’d.

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Top UK and US firms still overestimating GDPR readiness

PYMNTS

Less than five months before the compliance deadline for the EU’s General Data Protection Regulation (GDPR), most top UK and US firms are still overestimating their state of readiness, a study suggests

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Why digital transformation must be an organisation's top priority in 2018

Bobsguide

What the heck is digital? In 2018 digital transformation will become the number one business priority. But what is it? I was actually asked this question on Bloomberg Radio earlier this year, when the host asked me, “what the heck is “digital”? Isn’t this the same as what.

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The Argument for Risk-Based Security

PYMNTS

A scanner can identify a vulnerability, but only a deep understanding of cyber exposure will tell you about the seriousness of that risk. Here's how and why.

Security 150
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How the challenger bank landscape will change in 2018

Bobsguide

bobsguide sat down with Sarah Jackson, Director, Equiniti Credit Services to discuss what 2018 has in store for challenger banks. Does the term ‘challenger bank’ mean the same thing it did three years ago? The term has evolved. It used to mean any financial institution that.

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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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Modifying baby formula doesn't prevent type 1 diabetes in children

PYMNTS

The long-awaited results from the first large international trial to try to prevent type 1 diabetes shows that modified baby formula in which cow's milk proteins have been split does not prevent type 1 diabetes in children with genetic risk factors for the condition.

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How Blockchain Will Revolutionize Invoice-Backed Financing

Let's Talk Payments

The recent spike in the value of Bitcoin has captured the imagination of many people around the world. It is hard to believe that the cryptocurrency, which recently crossed the.

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Why a clear business purpose is vital to employee engagement

PYMNTS

Every organization starts with a purpose. Making money is not that purpose. Rather, an organization’s reason for being is to positively impact customers, a community, or the world in some way. This purpose is fueled by the organization’s ability to execute on the right things and make money doing them. Unfortunately, organizational purpose is often forgotten as a business grows.

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4 Skills Great Innovators Share by Greg Satell

Let's Talk Payments

If creativity is about having unique ideas and new ways to do things, innovation is all about making those ideas happen. In that sense, the bridge between creativity and innovation is made from the bricks of execution. That is when the rubber meets the road. One of the key characteristics of someone who innovates is that they run small pilots to test their hypothesis.

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Why Is CRE Lending Stuck in the Past? Top 3 Reasons for Digital Resistance

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.

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How loyal customers end up on invoice fraudâ??s â??carousel of criminalityâ??

Bobsguide

Aaron Hughes – Managing Director, Equiniti Riskfactor. Invoice finance, where a company secures borrowing against the money it is already owed by its customers, is now the preferred method of business lending. It outstrips overdraft lending to SMEs and suits increasing numbers of.

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The fate of the bitcoin-furious – unpopular opinions from a DLT faithful

BankNXT

Leda Glyptis shares a few 'unpopular opinions' about bitcoin, pointing a finger at the collective lack of imagination and understanding of its potential. The fate of the bitcoin-furious – unpopular opinions from a DLT faithful on BankNXT.

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A Look Back: You Can Now Pre-Order Our New ELL Book On Amazon!

Payments Source

Over the next few days, I’ll be taking a break now-and-then from blogging to both take some R & R and to finish-up some more extended writing projects. During this short break, I’ll be re-posting some of my favorite posts of 2017. You might also be interested in: A Look Back: Best Posts From 2007 To 2009 . A Look Back: 2010’s Best Posts From This Blog.

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Daily Review: What the Big Mergers of 2017 Tell Us About 2018

Let's Talk Payments

Benjamin Gomes-Casseres, an expert in alliance strategy and a professor at the International Business School, Brandeis University, has been studying, teaching, and consulting on the strategy of business combinations. Ben.

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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Phil Siarri’s fintech predictions for 2018

BankNXT

Phil Siarri looks ahead with his fintech predictions for 2018. Phil Siarri’s fintech predictions for 2018 on BankNXT.

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Rotate an Object in Captivate using States – an Experiment

ATM Marketplace

Based on my previous attempts to use multi-state objects in Captivate, I thought I give it one more try. Here is a slightly more ambitious experiment that appears to rotate an object in two variations: either continuously rotate or allow for manual clockwise/counter-clockwise rotation. The process involved: 1. Importing a sequence of bitmaps and adding them to custom states of an image object. 2.

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Thales Acquires Gemalto, Integrates Digital Business

FICO

Thales will combine its digital assets with Gemalto's as part of a new Global Business Unit.

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Security: The key to consumer acceptance of cardless ATMs

ATM Marketplace

Cardless ATM transactions can offer unparalleled convenience for consumers, not to mention cost-savings and enhanced efficiency for FIs. But for the technology to gain traction, it must, first and foremost, provide a secure customer experience.

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Top 10 Benefits of Automating Loan Modifications for Commercial Lenders

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.

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The tragedy of the data commons, and the fate of our future wealth

BankNXT

Jessica Ellerm discusses the possibility of a data commons, reclaiming it and putting our valuable time to good use. The tragedy of the data commons, and the fate of our future wealth on BankNXT.

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Top Brewers Place Their Bets On Craft Beer

CB Insights

Beer is big business, and over the past few years, the world’s top brewers have been increasingly willing to enter into multibillion-dollar deals. Most notably, Belgium-based AB InBev spent roughly $106B to acquire SABMiller in late 2016. The consolidation cemented AB InBev’s position as the world’s largest brewer, and the company now holds approximately 30% of global beer market share.

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For fintech owned by a CUSO, will banks buy?

ABA Community Banking

Sustainable small-dollar product has met with only credit union interest so far. Reg risk, not politics, is the issue Management Lines of Business Technology Fintech Feature Feature3.

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Number of Chinese Mobile Payments Approaches 1 Trillion

Bank Innovation

Mobile payments have been a major trend in 2017, especially for China. This comes as no surprise, with China’s expanding tech-savvy middle class causing e-commerce apps such as Alipay, WeChat and e-commerce mammoth JD.com to grow tremendously over the latter quarters of 2017. According to a report released by internet research firm Analysys yesterday, the […].

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2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

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.