Payments Dive
FEBRUARY 16, 2018
Scott Voigt, co-founder and CEO of FullStory, examines the state of mobile e-commerce and the challenges still in play when it comes to delivering a robust customer experience.
Chris Skinner
FEBRUARY 16, 2018
I was sent a nice list of the Top 50 FinTech firms selected by Forbes. They introduce it as follows: Worldwide, $27.4 billion poured into fintech startups in 2017, Accenture reports, up 18% from 2016. With so much in play, it’s not surprising that 22 companies are new on this, the … The post Who are the hottest FinTech firms and Influencers around the world?
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Bank Innovation
FEBRUARY 16, 2018
EXCLUSIVE — If there’s any question that digital mortgage firms are gaining attention from larger fintech players and investors, then look no further than venture capital firm Santander InnoVentures‘ investment in Roostify, a startup that digitalizes the mortgage application process. Madrid, Spain-based Santander InnoVentures, the fintech VC arm of major Spanish bank Santander Group, announced that […].
Payments Dive
FEBRUARY 16, 2018
Patricia O'Donnell, senior vice president at Key Bank, discusses this challenge that FIs face daily.
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
Bank Innovation
FEBRUARY 16, 2018
It’s not surprising that the Japanese government tighten its grip on cryptocurrency exchanges following a major hack a few weeks ago. Today, the Japanese government said it will start an inspection on 15 unlicensed cryptocurrency exchanges. In a news briefing, Japan’s financial services minister Taro Aso said regulators will investigate the 15 exchanges that have […].
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Bank Innovation
FEBRUARY 16, 2018
An unknown hacker or hackers stole $6 million from a Russian bank in 2017 through the SWIFT international payments system, the Russian central bank said according a report by Reuters today. The Central Bank of Russia said that it had received information about “one successful attack on the work place of a SWIFT system operator” […].
PYMNTS
FEBRUARY 16, 2018
FedEx said on Thursday (Feb. 15) that it has found no evidence that private customer data was “misappropriated” when it was made visible on an unsecured server earlier in February. According to news from Reuters, the server that was made visible contained more than 119,000 scanned documents from U.S. and international citizens, including passports, driver’s licenses and security identification.
Bank Innovation
FEBRUARY 16, 2018
Paris-based startup Lydia, on its way to becoming a leader in French mobile payments, has raised a $16.1 million round of funding to become the next PayPal in mobile payments. While a lofty goal, Lydia has demonstrated impressive growth in 2017, processing about a million transactions a month, it told TechCrunch. It has over a […].
PYMNTS
FEBRUARY 16, 2018
While there’s been much hype surrounding venture capitalists’ growing attention on B2B FinTech, this year has largely been lackluster for the industry. This week, however, B2B startups enjoyed a solid moment of funding, as familiar names like Tipalti were joined by newcomers like Zervant to address an array of business finance needs. We break down where $77.5 million landed this week (including the blockchain company that secured most of it) below.
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
Bank Innovation
FEBRUARY 16, 2018
EXCLUSIVE – Lara Druyan, managing director and head of innovation at Royal Bank of Canada, has joined the speaker faculty for Bank Innovation 2018. Bank Innovation 2018 will take place March 5-6 in San Francisco. At RBC, Druyan heads up innovation on the West Coast, where she is responsible for identifying and investing in startups […].
PYMNTS
FEBRUARY 16, 2018
PepsiCo turned some heads with its quarterly earnings call announcement that it would take some of its tax reform windfall and reinvest it in improving the firm’s eCommerce efforts. According to PepsiCo CEO Indra K. Nooyi, that decision is entirely bottom line-driven – eCommerce was good for Pepsi last year. She told investors during the earnings call that Pepsi’s investment in “eCommerce across multiple channels, from e-grocery, to direct to consumer, to pure play, helped drive exception
Bank Innovation
FEBRUARY 16, 2018
EXCLUSIVE — Cryptocurrency exchange Coinbase and payment processor Visa are blaming each other for reversed or duplicated cryptocurrency purchases with credit and debit cards, it was reported today. Today’s news comes after multiple Coinbase customers raised concerns over such transactions and additional fees, prompting Coinbase to respond with this statement claiming “a number of major credit card […].
PYMNTS
FEBRUARY 16, 2018
Driven by demand for the iPhone X, Apple captured 51 percent of the revenue in the world’s wholesale smartphone market. Sales of its iPhones topped more than $60 billion in the fourth quarter of 2017, which was approximately seven times higher than sales of Huawei’s smartphones , MacRumors reported. Apple’s global wholesale smartphone revenue reached $61.4 billion in the fourth quarter of 2017.
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.
Bobsguide
FEBRUARY 16, 2018
bobsguide rounds up our favourite case studies and collaborative interviews of 2018 to date. How BNY Mellon is leading the evolution of real-time payments in the US | Analysis of the deal. Last month BNY Mellon and Volante Technologies announced that they had been collaborating to enable BNY.
PYMNTS
FEBRUARY 16, 2018
WeChat Pay, the mobile payment arm of China’s WeChat, is running promotions to celebrate the Chinese Lunar New Year, also referred to as the Spring Festival. Mobile Payments Today reported that WeChat Pay will provide Chinese tourists with the chance to receive a red packet, which is a traditional monetary gift, when they shop at merchants that are participating in the promotion during the Spring Festival.
Payments Source
FEBRUARY 16, 2018
The Olympics draw together fans from around the globe to cheer on their fellow citizens, and having such a diverse group of people in one spot can inspire companies to experiment with cutting-edge technologies.
PYMNTS
FEBRUARY 16, 2018
If decentralization is everything in blockchain, what does that mean beyond just the transaction — for the actual sharing of data, of things of value, of content itself? One company, Viewly, based in Slovenia, seeks to bring a token and blockchain-based model to the video content realm, leveraging a patronage model to bring together creators and their audience, however niche (and nascent) they might be.
Advertisement
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.
Bobsguide
FEBRUARY 16, 2018
The cloud has long been an object of scepticism in the financial services, but how genuine are those concerns when you pick through the details? When film producer Darryl Zanuck declared in 1946 that “Television won’t be able to hold on to any market it captures after the.
PYMNTS
FEBRUARY 16, 2018
Uber is reportedly gearing up to sell its ridesharing business in Southeast Asia to Singapore-based Grab. In return, Uber would obtain a substantial stake in Grab, sources close to the potential deal told CNBC. Still, Uber and Grab have not reached a deal as of the writing of this article. And it is not clear when, or if, the companies might do so. But, if the deal goes through, it would be in line with Uber’s previous moves.
Payments Source
FEBRUARY 16, 2018
Through chats, contact-center calls, emails and tickets, AI is being used to expand consumers' access to services, writes Jordi Torras, CEO and founder of Inbenta.
PYMNTS
FEBRUARY 16, 2018
As shaving products company Harry’s plans to announce its $112 million in new financing, the company is looking to grow its brand beyond men’s grooming. The move could provide competition from large conglomerates such as Procter & Gamble, The New York Times reported. “We’ve built a lot of infrastructure at Harry’s that we think we can leverage into new categories,” Jeff Raider, one of Harry’s founders, told the Times.
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.
Payments Source
FEBRUARY 16, 2018
Many large European banks are developing their own services to comply with the data-sharing requirements of PSD2, but thousands of smaller and midsize organizations will need help, seeding the growth of startups specializing in open banking tools.
PYMNTS
FEBRUARY 16, 2018
Canadian companies added 10,700 new jobs in January, according to new data from ADP , but not every industry benefited from the boost. Data released in ADP’s Canada National Employment Report, published Thursday (Feb. 15), revealed strong employment gains in the construction, leisure and hospitality and other services spaces for the month of January.
Payments Source
FEBRUARY 16, 2018
Authorities believe they have found the culprit that was causing static for T-Mobile US Inc. customers in southern Brooklyn: an energy-sucking, interference-spewing cryptocurrency miner tucked away in a home.
PYMNTS
FEBRUARY 16, 2018
Digital and plastic are making inroads in payments, but so are fraudsters. When it comes to payments processing, increasingly, for POS resellers and merchants and software application developers, the question looms large about the integration of payments. The question boils down to “full or semi” – integration, that is. In an interview with PYMNTS, Steve Callis, SVP of integrated payments at Sterling Payment Technologies (acquired early in 2017 by EVO Payments International ) talked about the tr
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.
Expert insights. Personalized for you.
281 
Let's personalize your content