Chris Skinner

AUGUST 15, 2017

I received an email the other day pointing my attention to a report from the Center for Financial Inclusion at Accion (CFI), a think tank that engages and challenges the industry to better serve, protect and empower for financial inclusion. I had not heard of CFI before, but their website and content … The post How Banks and Fintechs are partnering for Financial Inclusion appeared first on Chris Skinner's blog.

Fintech 289

Fintech Industry Report 289

Bank Innovation

AUGUST 15, 2017

FICO is moving major services to the cloud, and that may mean good times ahead for lending startups. The financial services firm announced its integration with Amazon Web Services (AWS) during yesterday’s AWS Summit, making it one of several financial services companies now running (at least in significant part) on Amazon’s cloud service, including banks […].

Lending 274

Lending Company Online 274

Chris Skinner

AUGUST 15, 2017

I enjoyed this article in the Evening Standard by Melanie McDonagh and thought I would share it here, to see what reaction it gets. The loss of our high-street banks will make us all poorer — but not financially If you have tears, reader, prepare to shed them now. My bank in Berkeley … The post The loss of our high-street banks will make us all poorer appeared first on Chris Skinner's blog.

US 240

US Digital Banking Fintech 240

Bank Innovation

AUGUST 15, 2017

The Beijing subway is now allowing consumers to pay for rides with their smartphones — that is, unless they are using Apple‘s iPhone. Starting this week, people can tap their phones to pay and enter a station. iPhone users however, cannot enjoy this convenience. This is because of Apple’s contactless policy, which allows access to only […].

Apple 186

Apple Policies Cards Mobile 186

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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

Lending

Payments Dive

AUGUST 15, 2017

Do consumers see the value in every self-checkout option available to them from different restaurants and retailers?

Mobile 225

Mobile Retail 225

PYMNTS

AUGUST 15, 2017

The growing popularity of mobile order-ahead is hardly news in the restaurant industry, where customers — especially millennials — crave the convenience, speed and personalization of a mobile ordering experience both in quick-service restaurants (QSRs), coffee shops and fast-casual dining environments. Here at PYMNTS, we’ve followed the trend closely, both in our regular coverage and in our Mobile Order-Ahead Tracker.

Mobile 193

Mobile Millennials Survey Technology 193

Bank Innovation

AUGUST 15, 2017

This has been a good year for Affirm, the lending startup established by PayPal co-founder Max Levchin. The San Francisco-based company, has made numerous strides, from issuing its millionth loan to expanding its retail partnerships; from preparing to launch new products in the fall to moving into a permanent office space. “As of July, we […].

San Francisco 170

San Francisco Retail Lending Company 170

PYMNTS

AUGUST 15, 2017

Aldi, the discount grocery chain, is gearing up to test home delivery with Instacart at the end of August. According to a report, if the pilot goes well the test will expand to parts of Atlanta, Dallas and Los Angeles. The latest move is part of the company’s big expansion plans. In June it acquired around 1,700 stores and plans to invest $3.4 billion to expand into 2,500 locations around the country by the end of 2022.

Los Angeles 156

Los Angeles Dallas Atlanta Retail 156

Bank Innovation

AUGUST 15, 2017

With more customers turning to mobile banking, British bank Barclays announced today that it will close 54 branches by yearend to cut costs. The closures, which will take place over the next four months, will bring the total number of branches shuttered by the bank to 67 this year. Barclays currently operates about 1,300 branches […].

Mobile 170

Mobile Operations Groups Online 170

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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

Report

PYMNTS

AUGUST 15, 2017

Optimization: it’s what separates the procurement wheat from the chaff. It goes without saying that, in a business setting, it is always optimal to do and earn more while expending less, and that’s a capability that technology and automation have unlocked for many businesses. Procurement organizations that have seized those capabilities have taken their business from good to great, raising it to a world-class level.

Analytics 122

Analytics Groups Technology System 122

Gonzobanker

AUGUST 15, 2017

The American auto industry is on the verge of a bubble that is ready to pop. I won’t go as far as to say we are headed to a period of total stagnation where nothing moves and prices drop 50%, but rather we are moving toward an adjustment period where we will experience a new normal. As the players that have financed the recent boom in vehicle sales start to feel the burn of this downward shift, the C-suite will need to start strategizing for this adjustment.

Industry 111

Industry Lending Policies United States 111

PYMNTS

AUGUST 15, 2017

Subscription boxes have slowly worked their way into becoming a staple of the modern home. From Birchbox to Blue Apron , Stitch Fix and BarkBox , there doesn’t seem to be a corner of the retail industry that doesn’t have its own version. Through these companies and more, consumers are able to check out products on a smaller scale without breaking the bank.

Retail 118

Retail Industry United States Company 118

Bobsguide

AUGUST 15, 2017

Over the past decade the vast majority of businesses have invested heavily in collecting reams of customer data; indeed this data increasingly informs every aspect of business strategy. It may, therefore, come as a surprise to many CMOs and CXOs to discover that a number of IT teams are planning to.

Compliance 106

Compliance Strategy Data 106

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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.

Lending

PYMNTS

AUGUST 15, 2017

Target announced Monday (Aug. 14) that it has inked a deal to acquire Grand Junction, a transportation technology company in an effort to expand and improve its delivery abilities. In a press release Target said the acquisition is also aimed at speeding up its investments and ongoing efforts to overhaul the supply chain at the retailer. “Grand Junction»s technology and algorithms will help Target deliver to guests faster and more efficiently,” said Arthur Valdez, executive vice president and chi

San Francisco 116

San Francisco Retail Software Technology 116

Let's Talk Payments

AUGUST 15, 2017

As influential as the FinTech community may seem to dedicated parties, the environment that entrepreneurs were determined to disrupt went through a learning curve and is rapidly balancing itself. More.

Leadership 110

Leadership Fintech Marketing Community 110

PYMNTS

AUGUST 15, 2017

Marcus Hutchins, a 23-year-old British cybersecurity researcher and employee of L.A.-based Kryptos Logic, was arrested earlier this month in Las Vegas for building and selling malicious code known as “Kronos,” which was used to hack into and steal banking credentials between July 2014 and 2015. The Kronos malware was distributed as an email attachment.

Las Vegas 111

Las Vegas Data United States Community 111

Let's Talk Payments

AUGUST 15, 2017

Dedicated to researching and examining the ideas, people, and companies using technology to change financial services, earlier this year, the LTP Team launched MEDICI Top 21 – AI to identify.

Technology 107

Technology Company US Payments 107

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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.

US

PYMNTS

AUGUST 15, 2017

It’s no secret that Amazon is giving most retailers a run for their money. Over the past few years, the eCommerce giant has grown by leaps and bounds, innovating along the way and pushing the rest of the retail industry to new heights. Rather than the usual ho-hum retail industry, the eCommerce world has exploded and transformed retail as we know it.

Retail 108

Retail Innovation Industry Capital 108

Insights on Business

AUGUST 15, 2017

In the world of digital banking, bigger isn’t always necessarily better. Australian digital-only bank UBank is aiming to disrupt the banking industry to deliver a simpler, better, smarter customer experience. Founded in 2008, UBank has been consistently pushing the boundaries of traditional banking, including introducing the first online home loan application in Australia.

Leadership 87

Leadership Case Study Innovation Online 87

PYMNTS

AUGUST 15, 2017

London-based Tail , a FinTech startup, offers its users heavy discounts at local places, linked to the card they pay with and delivered each week in the form of cash back. According to news from TechCrunch , the mobile app also offers a glimpse into the promise of open banking , which is facing upcoming legislation in the EU and U.K. and will force banks to offer third-party developer access to a person’s bank account data (with their permission).

Cards 108

Cards Fintech Mobile Examples 108

Cisco

AUGUST 15, 2017

Miraculously, I lived through my entire undergraduate experience without a cell phone or a laptop*. I kept quarters in my purse in case I had to stop to use the phone and signed up for my first email address right before I graduated. Google was new and had not released their IPO. To write a […].

Google 93

Google Fintech 93

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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.

Compliance

PYMNTS

AUGUST 15, 2017

Quinn Emanuel Urquhart & Sullivan, the law firm that lodged a £ 14 billion consumer collective action against Mastercard, is gearing up to appeal a rejection by the United Kingdom’s Competition Appeal Tribunal (CAT) in July. According to a news report by Commercial Dispute Resolution Magazine ( CDR ) , the law firm, which represents Walter Merricks, who brought an action against Mastercard on behalf of thousands of consumers, confirmed an appeal is being sought.

Report 103

Report Capital Industry Fraud 103

Insights on Business

AUGUST 15, 2017

In the world of digital banking, bigger isn’t always necessarily better. Australian digital-only bank UBank is aiming to disrupt the banking industry to deliver a simpler, better, smarter customer experience. Founded in 2008, UBank has been consistently pushing the boundaries of traditional banking, including introducing the first online home loan application in Australia.

Leadership 79

Leadership Case Study Innovation Online 79

PYMNTS

AUGUST 15, 2017

While the retail industry is undergoing its transformation, there’s one clear winner on both brick-and-mortar and eCommerce delivery services. Today’s retail practically demands an easy delivery option. Whether it’s something that ran out of stock in the store and needs to be ordered or an online purchase, swift (and cheap) delivery is among one of the many things consumers have come to expect.

Los Angeles 102

Los Angeles Data Dallas Atlanta 102

BankNXT

AUGUST 15, 2017

How could we allow another financial crisis when we should have learned our lessons from the last one? Story by Chris Skinner. 10 years since the financial crisis hit. What’s new? on BankNXT.

Fintech 75

Fintech 75

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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.

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