Bank Innovation
JANUARY 3, 2018
The central bank of China is tightening its grip on bitcoin mining in the state, telling local governments that it has the authority to regulate power usage for that mining. The People’s Bank of China cannot directly regulate power usage, Reuters reported today. However, the bank can ask local authorities to regulate it. If the […].
Bobsguide
JANUARY 3, 2018
Arjun Jayaram, Founder & CEO, Baton Systems. It has been no secret that banks are thoroughly testing blockchain applications and some have even begun to apply the technology to key business ventures. However, while most would agree that innovation is pivotal to global banking’s.
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Bank Innovation
JANUARY 3, 2018
EXCLUSIVE – A new set of financial regulations in the form of MiFID II has arrived in Europe today, and not everyone is prepared. MiFID II (or Markets in Financial Instruments Directive 2) is a massive set of regulations (7,000 pages) geared towards asset managers and brokers as well as traders of stocks, ETFs and […].
Let's Talk Payments
JANUARY 3, 2018
There are 10,000+ FinTech startups around the world, innovating across roughly 18 segments. The global FinTech industry can be categorized into roughly 18 segments, a number of which have mushroomed.
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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
Bank Innovation
JANUARY 3, 2018
The founder of online lender, SoFi, who was ousted by his board just a few months ago amid sexual harassment allegations, is already working starting a new company. According to reports, Mike Cagney is looking to start another fintech firm with his wife, June Ou, for which he is looking to raise about $25 million. […].
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Bank Innovation
JANUARY 3, 2018
Online stock brokerage firm E-Trade Financial Corporation opened trading in bitcoin futures from the CME Group. The New York-based E-trade Financial also launched trading of bitcoin futures of CBOE last month. According to its website, trading of bitcoin futures from CME Group opened yesterday evening with an intra-day initial margin requirement set at 80%.
Bobsguide
JANUARY 3, 2018
Senior Program Manager of Blockchain at ING, Mariana Gomez de la Villa, spoke to bobsguide about receiving a personal email from Vitalik Buterin in response to her team’s ZKRP contribution to the blockchain ecosystem. How did you come to be the Senior Program Manager of blockchain.
Bank Innovation
JANUARY 3, 2018
EXCLUSIVE— Ant Financial’s proposed merger with American company MoneyGram is officially dead: and, as of now, the money transfer service is out of suitors for a potential acquisition. The company’s other potential option for an acquisition, electronic payments provider Euronet, is hesitant to make another offer even after yesterday’s reports that U.S. regulators blocked Ant […].
Let's Talk Payments
JANUARY 3, 2018
As the tradition goes across industries, every year starts and ends with predictions. The year 2018 is not an exclusion, and one of the recent roundups brings together very interesting.
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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
Matt Wilcox Pro
JANUARY 3, 2018
Your company has been trying to fill a critical position for a while now. After interviewing countless candidates, you've finally found the right person. Now you just need to onboard them, show them the ropes, have them fill out the necessary paperwork, etc. For most companies, this process of filling out forms is paper-based and tedious. It takes too long, there's no efficient way to report on or recall data at a later date, and ensuring compliance to prevent costly civil penalties is a pain.
BankNXT
JANUARY 3, 2018
Chris Skinner looks at four big things for 2018 from a fintech viewpoint, and reviews the predictions of others. The fintech outlook for 2018 on BankNXT.
Matt Wilcox Pro
JANUARY 3, 2018
Perhaps you heard: A couple of weeks ago the FCC under chairman Ajit Pai voted to repeal the 2015 regulations. It all started in 2008, when the people at Comcast noticed a curious thing. File-transfer giant BitTorrent was consuming more and more Internet bandwidth. More, it seemed, than Comcast cared for them to consume. Comcast’s [.
CB Insights
JANUARY 3, 2018
Recognizing where a sound comes from — a gunshot, a car horn, a dog’s bark — is key to how we understand our environment, and respond to it. And that’s true in virtual reality, just as in real life. But sound cues, which are influenced by everything from head size to sound pressure differences from one ear to another, are incredibly difficult to replicate in a virtual environment.
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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.
BankNXT
JANUARY 3, 2018
Mobi recently assembled its first global enterprise mobility research report. Chris Koeneman shares the results, revealing trends, security gaps and future predictions. Enterprise mobility trends, technologies and concerns on BankNXT.
ABA Community Banking
JANUARY 3, 2018
Most community banks would qualify for Congress' proposed capital standard Bank Performance Management Financial Trends Community Banking.
BankNXT
JANUARY 3, 2018
Simon Taylor talks to Eric Wilson of Xinja, described as Australia's first digital bank, about its business model, how it makes money, and what its long-term goals are. Interview with Eric Wilson of Xinja on building Australia’s first digital bank on BankNXT.
ATM Marketplace
JANUARY 3, 2018
Presenting Nidec Sankyo’s newest product SCP100-0130
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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.
Image Works Direct
JANUARY 3, 2018
If you’re brainstorming potential marketing promotions for the new year, consider birthday cards. With the decrease in snail mail, a printed birthday card can really stand out.
Bankelele
JANUARY 3, 2018
The Central Bank of Kenya (CBK) has published new guidelines to assist Kenyan banks to assess and mitigate the risk that their institutions and systems may be used for money laundering (ML) or terrorism financing (TF). They risk rules stipulate, among other proposals that: Senior management of banks are to implement board-approved money laundering/terror financing policies. […].
ABA Community Banking
JANUARY 3, 2018
Last year’s trend may influence tone for 2018 Management Compliance.
Bankelele
JANUARY 3, 2018
2017 has been a long year for Kenyans and while December brings several official national holiday rest days – December 12 (“Jamhuri” or Independence) December 25 (Christmas), December 26 (Boxing) and the January 1 (New Years Day), December is usually considered a slow month for business activities. This is because many employees take their annual leave […].
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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.
Chris Skinner
JANUARY 3, 2018
This isn’t from me, but a nice infographic from Clari5 by Customer XPS … The post Top 10 FinTech predictions for 2018 appeared first on Chris Skinner's blog.
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