Chris Skinner

DECEMBER 9, 2018

I haven’t given away my slides and presentation for a while, as it’s part of my unique armoury, but I’m bored with my latest slide deck so here it is. ? Open Banking Strategy and Business Model from Chris Skinner And just in case it doesn’t make sense, here’s a … The post Open Banking: Strategy and Presentation appeared first on Chris Skinner's blog.

Strategy 404

Strategy Digital Banking Technology Fintech 404

PYMNTS

DECEMBER 9, 2018

With retailers struggling to get compliant with the Payment Card Industry Data Security Standard , qualified security assessors are going to be in more demand and can offer tokenization as one way of achieving compliance. That’s according to TokenEx , which recently hosted a webinar to help retailers better understand tokenization. In a press release, TokenEx pointed to a new analysis by SecurityScorecard that shows the alarming rate at which retailers aren’t prepared.

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Retail Report Compliance Security 194

Chris Skinner

DECEMBER 9, 2018

Things we’re reading today include … Bank of England could buy works of art to fight next recession Former HSBC chief executive Stuart Gulliver to join as director at conglomerate Jardine Matheson Some banks love fintech, some may hate it Royal Bank of Scotland fostering culture of bullying – whistleblower … The post Things worth reading: 10th December 2018 appeared first on Chris Skinner's blog.

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Fintech 179

PYMNTS

DECEMBER 9, 2018

ATM machine companies in India are warning that they will have to shutter as many as half of India’s cash machines because of new regulations, reported the Financial Times. According to a report in the Financial Times, citing the Confederation of ATM Industry (CATMi), the group said it will have to close down less profitable cash machines, many of which are located in remote rural areas and small towns.

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ATM Regulation Industry Report 182

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.

US

Chris Skinner

DECEMBER 9, 2018

The main blog headlines are … Is the internet of things our biggest future threat? We talk a lot about cybersecurity, fraud and risk, but are we too complacent about it? We have all these stats and figures: According to Verizon’s 2018 Breach Investigations report, 92 percent of malware is still … The post The Finanser’s Week: 3rd December – 9th December appeared first on Chris Skinner's blog.

Maine 179

Maine Fraud Report 179

Payments Source

DECEMBER 9, 2018

Data regulations pressure small banks and credit unions, which could benefit from a pro-innovation regulatory environment, according to Stephen Menon, vice president of product at Finn AI.

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Regulation Innovation Data Fintech 82

PYMNTS

DECEMBER 9, 2018

Altria Group , the maker of Marlboro cigarettes for the U.S. market, announced that it is acquiring 146.2 million newly-issued shares of Canadian cannabis company Cronos Group. The transaction represents a 45 percent equity stake in Cronos, at a price of CAD $16.25 per share, for an aggregate investment by Altria of approximately $1.8 billion (approximately CAD $2.4 billion).

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Exercises Groups Marketing Company 158

Payments Source

DECEMBER 9, 2018

Credit card fraud is on the rise in the U.K. with more than $2 billion being stolen from credit and debit cards over the past twelve months, an increase of 38% on the previous year. But while large scale data breaches have been heavily blamed for this surge in crime, ex-fraudster Tony Sales says one of the most pertinent reasons is a persistent lack of understanding within the financial industry of how criminals operate.

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Security Fraud Payments Cards 67

PYMNTS

DECEMBER 9, 2018

The SoftBank Vision Fund inched closer to its $100 billion target thanks to billions of dollars in tech investments around the world. According to reports , in 2018 the SoftBank Vision Fund made investments in more than twenty deals to the tune of $21 billion. Meanwhile, according to SoftBank’s annual Form D disclosure that it is required to file with the Securities and Exchange Commission, it raised about $98.58 billion from 14 investors since it launched the fund on May 20, 2017.

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Maine Washington Report Capital 135

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ABA Community Banking

DECEMBER 9, 2018

First Midwest Bancorp recently moved its headquarters to Chicago, making a statement that it has positioned itself as “metro-Chicago’s premier commercial bank” Financial Research Feature Management Financial Trends Community Banking Feature3 Commercial.

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Metro Chicago Community Bank Community 40

PYMNTS

DECEMBER 9, 2018

Facebook and Alphabet, the two tech heavy hitters, have been curbing hiring, which Citi analyst Mark May said could signal a peak in overall job growth. CNBC, citing comments Citi’s May made, reported that the slowdown in hiring is coming on the heels of a healthy rate of growth in jobs throughout 2018. “We’re seeing early signs of maybe some slowdown in hiring as a forward indicator based on the number of job postings” at Facebook and Alphabet, the internet analyst told

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Google Resources Groups Report 129

ABA Community Banking

DECEMBER 9, 2018

Much of the criticism of bank profits have gone the other way as of late, decent profits but achieved through cost cutting measures Bank Performance Financial Research Feature Management Financial Trends Performance Tech Management Feature3.

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Trends Management 40

The Financial Brand

DECEMBER 9, 2018

Digital consumer trends are changing faster than ever, making the understanding of trends more important for marketers, advertisers and product managers. The post Top 9 Digital Consumer Trends for Financial Marketers in 2019 appeared first on The Financial Brand.

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Trends Marketing Branding Management 33

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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

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ABA Community Banking

DECEMBER 9, 2018

Required to pay back disgruntled customers and make dramatic changes to its governance and compliance controls Feature Management Compliance Bank Boardroom Compliance Management Compliance/Regulatory Consumer Compliance Mortgage Compliance Feature3 Commercial.

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Compliance Management 40

The Financial Brand

DECEMBER 9, 2018

Here's how consumers' digital habits are changing, and how these trends that are already taking root will affect strategies in the year ahead. The post Top 9 Digital Consumer Trends for Financial Marketers in 2019 appeared first on The Financial Brand.

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Trends Marketing Strategy Branding 32

PYMNTS

DECEMBER 9, 2018

Venezuela is finally getting ready to transition to the petro for oil sales next year. Last year, the country launched its own cryptocurrency that will be backed by the OPEC nation’s oil, gold and mineral reserves. The move was in response to what Venezuela called a financial “blockade” by the United States and the Trump administration. “This will allow us to advance toward new forms of international financing for the economic and social development of our country,” Venezuela’s President Nicola

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Bitcoin Retail United States Washington 136

The Financial Brand

DECEMBER 9, 2018

Using the bank's new paperless SmartGUIDE process, applicants can complete an application in 30 to 40 minutes, cutting the time it typically takes in half. The post SunTrust’s Omnichannel Digital Home Loan Fixes Mortgage Application Woes appeared first on The Financial Brand.

Branding 18

Branding Digital Banking Strategy 18

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