Sun.Jun 10, 2018

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America versus Europe and the fight for truth in data

Chris Skinner

I met a Washington insider this week. During the banter, I mentioned how much better the European authorities are at beating up the US tech giants than the Americans. This is illustrated well by the recent New York Times feature on Margrethe Vestager, Europe’s competition commissioner. Ms. Vestager, 50 and … The post America versus Europe and the fight for truth in data appeared first on Chris Skinner's blog.

America 243
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Australia’s Beem It eschews new fast-payments platform in favor of debit rails

Payments Source

Beem It, a startup owned by three of Australia’s largest banks, has launched a free real-time social payments app designed to run on older debit networks instead of the country's new faster payments platform.

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Things worth reading: 11th June 2018

Chris Skinner

Things we’re reading today include … Swiss Reject Plan That Would Have Revolutionized Banking Standard Chartered says it will apply to operate a virtual bank in Hong Kong Small US banks are winners from deregulation, now they want more NatWest tests cardless online paying Top investment bank profits at pre-crisis … The post Things worth reading: 11th June 2018 appeared first on Chris Skinner's blog.

US 178
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Amazon's latest discount is a danger for midsize merchants

Payments Source

The deal could be harmful to their bottom line because it will provide Amazon with more visibility into an even wider percentage of their e-commerce data, writes Ralph Dangelmaier, CEO of BlueSnap.

Data 75
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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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The Finanser’s Week: 4th June 2018 – 10th June 2018

Chris Skinner

The main blog headlines are … #Money2020Europe Day One: Will banks become ‘safes’ for data? The good thing about blogging is that I have a public record of my thinking. Hence, I can claim that Banking-as-a-Service (BaaS) is mine. That’s because I was presenting the idea ten years ago and … The post The Finanser’s Week: 4th June 2018 – 10th June 2018 appeared first on Chris Skinner's blog.

Maine 171
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Banking Providers Must Think Mobile-First in Today’s Omni-Channel World

The Financial Brand

Here's why digital channels — particularly mobile — simply must be the cornerstone of every retail financial institution's delivery strategy. The post Banking Providers Must Think Mobile-First in Today’s Omni-Channel World appeared first on The Financial Brand.

Mobile 26