Fri.Apr 12, 2019

Payments Execs On 2019’s Payments Innovation Watershed


One decade draws to a close, the next one looms. Only a few months into 2019, the year is already shaping up to offer a bit of a watershed in how we pay and how we get paid.

How mobile payments are changing the restaurant industry

Mobile Payments Today

Mobile payment acceptance is leading to rapid change in the restaurant industry, impacting everything from credit card use to delivery and online ordering as well as customer loyalty

How FinTech Firms Are Tackling Africa’s Agriculture Challenges


FinTech firms are tackling everyday challenges across Africa by digitizing payments and providing increased transparency. Cellulant ’s Agrikore and Tingg Marketplace offerings, for instance, seek to take on the continent’s food struggles.

Leaving customers digitally high and dry … big mistake

Chris Skinner

I’ve recently seen two blogs about issues with challenger banks N26 and Tandem. They both relate to the ways in which these new banks communicate, or not in these cases.

The Cybersecurity Threat Of GDPR


The General Data Protection Regulation (GDPR) represented a new phase in data security and EU regulators’ approach to it.

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Things worth reading: 12th April 2019

Chris Skinner

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Forging FinTech-FI Partnerships With mPOS?


It’s not exactly Bogie and Bacall, or Kim and Kanye — at least not yet. But FinTechs and financial institutions are increasingly crafting partnerships designed to help them both thrive in this global world of digital payment and commerce.

More Trending

Helping Millennials Live Financially Ever After


When Honeyfi got off the ground in 2017, it had a pretty simple idea.

Nexi Raises $2.3 Billion in Europe’s Largest IPO in 2019

Bank Innovation

The initial public offering of payment-service company Nexi SpA raised 2.01 billion euros ($2.3 billion), making it the biggest listing in Europe so far this year and the third major IPO of a payment-processing institution in the region in less than a year.

Jumia Stock Debut Signals Appeal Of African eCommerce


It was a good day for Jumia Technologies on Friday (April 12) — and that’s a good signal about the future prospects of eCommerce in Africa, home to some 1.3 billion people, of whom at least 725 million have mobile devices.

Telekom Slovenije Google Play & Fortumo case study

Mobile Payments Today

Telekom Slovenije Google Play & Fortumo case study: doubling Google Play spend limits

Bringing Loyalty Programs To The Self-Serve Crowd


Vending machines and retail kiosks are becoming more advanced as solution providers introduce new technologies and retailers implement the solutions to sell a wider variety of products, including high-end goods and even controlled substances like alcohol.

Struggling with Salesforce Adoption? Here’s Why

Perficient Financial Servies

Organizational Change Management (OCM) has a profound impact on the probability of staying on schedule and on budget, resulting in a higher benefit realization as well as greater ROI.

Will Medical Services Be Pharmacies’ Secret Weapon?


The U.S. faces a physical shortage today that some are predicting will turn into a crisis over the course of the next decade.

Windows 10 ATM migration: The breaking point for banks?

ATM Marketplace

Faced with another Windows OS migration, financial institutions are seeking relief from what seems like perpetual ATM upgrade expense and pathetically short product life cycles. And disgruntled Windows ATM owners are discovering that they really do have options

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Wells Fargo Sees Shares Fall As Other Banks Enjoy Surge


Some of the country’s biggest banks saw their share prices surge after their Quarter 1 earnings beat analysts’ expectations. Shares of JPMorgan Chase rose 4.1

Banks forced to turn to machine learning to tackle compliance burdens

Bobs Guide

Banks are increasingly turning to machine learning to innovate heavily manual and costly middle and back office mission critical compliance management processes, say market participants. “Banks are already in a period of change, mostly in the more business- driven activities in the front

White House And FCC Prioritize 5G, Will Spend $20B On Rural Broadband


The White House and the Federal Communications Commission (FCC) have announced they will prioritize 5G to make sure America is at the forefront of pushing out the new technology. Also, they announced a plan to spend $20.4 billion to bring broadband to rural communities.

Singapore agreement offers opportunity for Cambodian retail banking market

Bobs Guide

A fintech agreement between Cambodia and Singapore authorities provides an opportunity for the former’s underbanked and underbanked population, according to lawyers, while the vice president of both Cambodia and Singapore’s fintech associations says lessons can be learned from both

B2B Venture Capital Spans SMB Banking, V-Cards, Global Payments And More


Investors backed a range of B2B FinTechs this week operating in areas including accounting, cross-border payments, virtual cards, expense management, cybersecurity and more.

CECL, Like Winter, Is Coming

New York's State of Mind

In The Game of Thrones, which thankfully kicks of Season 8 on Sunday night, an army of the dead is coming to attack civilization as we know it.

Payment Co. Nexi’s IPO Raises $2.3B


Digital payment company Nexi has raised $2.3 billion in its initial public offering (IPO), making it the largest European IPO this year so far, according to Bloomberg. It is also the third IPO for a payments-related company in less than a year.

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PayU acquires Wibmo for USD 70 mln

The Paypers

(The Paypers) PayU , Naspers’ fintech arm, has acquired ? Wibmo to offer new payments solutions to merchants and financial institutions in India and other high growth markets

Alexa, Stolen Fingerprints And The Rest Of The Week’s News


It’s the end of a busy week, one full of news about payments and commerce. We here at PYMNTS are as excited about the weekend as you are, but before our thoughts turn to leisure, we want to make sure you are up-to-date on all that happened this week, and that you didn’t miss anything important.

Entrepreneurs who use Utility Tokens to reduce CAC (Customer Acquisition Cost) will create the most valuable Security Tokens

Daily Fintech

The big coming wave is Security Tokens, but the backlash against Utility Tokens is overdone. On Monday, Daily Fintech analysed the recent moves by the SEC to provide regulatory certainty to Utility Tokens. This is a big deal.

MYOB Calls For Two-Factor Authentication Mandate


Australian small business cloud accounting company MYOB is calling for legal action to address the security risks facing small businesses, reports in CIO said on Thursday (April 11).

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Achieving Customer Success with Oracle ERP and SCM Cloud

Perficient Financial Servies

Is the business transformation aspect of a move to the cloud just hype? No, but even though the benefits are very real, Oracle estimates only 7% of Oracle ERP customers have started their cloud migration.

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BEC Fraudsters Eye HR Departments As Prey      


It’s no secret that fraud is evolving as the bad guys and bad girls look to stay one step ahead of the ones wearing the white hats, warding off fraudulent transactions with the aid of prudence and good technology. Thus, business email compromise fraud (BEC) is evolving too.

Kubernetes and AWS EKS Service: The Basics

Perficient Financial Servies

First, what is Kubernetes? In simple words, it is an open source tool for managing high-scale containerized environments, deployments, auto scaling, etc. It was originally created by Google engineers to manage their billions of application containers and auto-deployment processes.

Sen. Warren Proposes 7 Percent Corporate Tax Law


Democratic presidential hopeful Sen. Elizabeth Warren announced her vision for a revamped corporate tax law, The Wall Street Journal reported Thursday (April 11), an initiative that could raise $1 trillion over 10 years.

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ClearScore partners with Raisin UK to offer savings accounts

The Paypers

(The Paypers) Free credit checking service ClearScore now offers its eight million users access to high-interest savings products via online platform Raisin UK

Nonbank Lending Hits $52T, With US Assets At $15T


Nonbank lending – also known as “ shadow banking ” – has seen its assets hit $52 trillion, despite the fact that the sector poses significant risks.

FPG announced as Gemalto Platinum Partner

The Paypers

(The Paypers) Nigeria’s IT Consulting, IT Security, Cloud, Mobile and Infrastructure solutions company FPG Technologies and Solutions has been announced as Gemalto Platinum Partner

PayU Acquires Wibmo To Grow India Business


To help grow its business in India, Naspers-owned PayU has acquired U.S.-based based Wibmo. The company is paying $70 million for the firm, which is based in Cupertino but primarily operates in India, according to reports.

Basware launches maturity services for source-to-pay processes

The Paypers

(The Paypers) Finland-based e-invoicing company Basware has introduced Maturity Services, a new assessment tool for Basware customers

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Grubhub Shares Dip On Competition From Uber Eats


Grubhub , the food delivery startup, saw shares tumble on Friday (April 12) due to competition from rival delivery service Uber Eats, according to reports. The stock fell 5.3 percent in afternoon trading and volume reached 5.3 million shares, which is more than 50 percent of the day’s average of 2.3

PayiQ to introduce new version of ticketing platform

The Paypers

(The Paypers) PayiQ has launched a new version of its ticketing platform, also featuring fraud prevention to better detect and prevent misuse cases

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