Tue.Jul 09, 2019

The 10-year-old who runs a blockchain company

Chris Skinner

I often talk about the world changing thanks to young people who can code.

Driving payments innovation in the global travel space

Mobile Payments Today

Innovations in the payments space are driving significant changes in the global travel industry.

Things worth reading: 10th July 2019

Chris Skinner

Things we’re reading today include … What’s the point of a bank if it won’t accept cash?

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What Digital ID Will Mean For Daily Life In 2020 And Beyond

PYMNTS

The questions that seem simplest tend to be the most complicated. The answers to such questions also usually end up having more significance than the answers to other inquiries. Excuse the detour into pop philosophy or Jedi teachings, but that is the case when it comes to the question “Who are you?”

Savings app Digit is focusing its growth strategy on Gen Z

Bank Innovation

Savings app Digit is pinning its hopes on millennial and Gen Z customers who are storing up funds for a rainy day.

Automated Retail Speeds Up Delivery And Checkout

PYMNTS

Automated retail might conjure up images of robot cashiers, but beyond a few convenience stores in Japan and Korea, that sci-fi development hasn’t yet become reality for the wider world. Robotics might take over delivery jobs before they make cashiers redundant in the U.S., though.

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Inside Capital One’s efforts to build a personality for digital assistant Eno

Bank Innovation

Capital One is determined to turn its digital assistant Eno into an affable, personal finance watchdog to build loyalty between the brand and its customers.

More Trending

GoCardless partners with DocuSign as it grows its US payments business

Bank Innovation

GoCardless, a U.K.-based based startup that works with 40,000 businesses worldwide and processes $10 billion of payments each year, is adding DocuSign to its list of U.S. partners as it expands its North American business.

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Report: The Reason 48 Pct Of High-Margin SMBs Pay Suppliers Late

PYMNTS

Most individuals would feel compelled to have a good excuse if they were late in paying back someone who lent them money. This isn’t the case in the world of trade credit, however, in which millions of U.S.

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Savings app Digit is focusing its growth strategy on Gen Z

Bank Innovation

Savings app Digit is pinning its hopes on millennial and Gen Z customers who are storing up funds for a rainy day. “We We serve a pretty diverse po. Carousel Daily Post 3 Daily Post 6 Product Design Retail Banking Startups BBVA Digit JPMorgan Chase savings Venmo

China Could Launch Its Own Crypto To Counter Libra

PYMNTS

A People’s Bank of China (PBoC) official said that the upcoming launch of Facebook’ s Libra could speed up his bank’s development of its own digital currency.

GoCardless partners with DocuSign as it grows its US payments business

Bank Innovation

GoCardless, a U.K.-based based startup that works with 40,000 businesses worldwide and processes $10 billion of payments each year, is adding DocuSign to it. Carousel Corporate Banking Customer Experience Daily Post 2 Daily Post 5 Daily Post 6 Payments Premium DocuSign GoCardless

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How QSRs Bring Mobile And Digital Payments To The Table

PYMNTS

In the age of quick-service restaurant (QSR) dining technology innovation, restaurants are frantically looking into ways to provide consumers with mobile ordering bells and whistles like third-party payment integrations, rewards programs and surprise-and-delight offers.

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Inside Capital One’s efforts to build a personality for digital assistant Eno

Bank Innovation

Capital One is determined to turn its digital assistant Eno into an affable, personal finance watchdog to build loyalty between the brand and its cust.

India Keeps Its Distance From Facebook’s Libra

PYMNTS

India, Asia’s third-largest economy, remains skeptical about Facebook’s proposed cryptocurrency Libra and has said that it won’t just allow the coin into the country, according to a report by Bloomberg.

What Bankers Need To Know About The Yield Curve

Banker to Banker

INTEREST RATE TRAINING Bankers should consider the shape of the yield curve when structuring and pricing loans to maximize return and reduce risk. The shape of the yield curve can also help lenders understand borrowers’ needs and better position the bank against competitors

The Intersection Of FX Management And Open Banking

PYMNTS

Corporate cash inflows and outflows present ample opportunity for friction and disruption — and, as a result, ample opportunity for innovation.

Are transaction fee economics for payment services diminishing?

Accenture

Guest bloggers Anupam Majumdar and Arnab Sinha from our European payments strategy team provide perspective on dissecting the changing revenue fundamentals of European payments.

HSBC Streamlines Inter-Company Bank Accounts

PYMNTS

HSBC is introducing virtual accounts for corporate and institutional clients, the financial institution said in a press release sent to PYMNTS on Monday (July 8).

Have we lost the cancer battle? No! – say Big Data and Machine Learning

Dataconomy

Can you fight cancer with the help of Big Data and Machine Learning? How can these technologies help in the procedure of diagnosis, drug discovery and treating cancer? Cancer is an ailment with a long tail distribution.

Facebook To Begin Taking Share Of Fan Subscription Revenue

PYMNTS

As part of a wider range of announcements related to monetization at VidCon, Facebook said it plans to take a share of up to 30 percent on fan subscriptions. The change will take effect Jan. 1, 2020.

Data-Driven Banking: How Data is Changing the World

Accenture

Data has become the latest talk of the town with its potential to influence the decision-making framework in any firm. No matter which industry you are in, the new winners are the ones who can innovate and create value using a data-driven approach. Tech firms such as Google, Apple, Facebook and Amazon (GAFA) were early adopters, propelling their valuations to be 10x in comparison to banks. However, new banking challengers are quickly following in their footsteps.

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Kohl’s Views Amazon Returns As Key Sales Driver

PYMNTS

Kohl’s has announced that Amazon Returns is now available at more than 1,100 Kohl’s stores nationwide. The nationwide rollout of the Amazon Returns program is our single biggest initiative of the year,” said Michelle Gass, Kohl’s chief executive officer in a statement.

Auditors Will Evaluate CECL Estimates as ‘Fresh Start’ From Incurred Loss Model

Abrigio

A subcommittee of the AICPA task force focused on the current expected credit loss standard (CECL) has provided its first look at how auditors will approach the changes with clients, noting that CECL represents a “fresh start” from the incurred loss model.

GoCardless Taps DocuSign For SaaS Payments Platform

PYMNTS

GoCardless has announced that DocuSign will deploy its SaaS-based payments platform for its European customer base. The U.K.-based, based, direct debit company revealed that DocuSign customers will now be able to access the GoCardless platform through Zuora , enabling customers throughout the U.K.

Innovation 2.0: ATMs in the 21st Century

ATM Marketplace

Innovation is reshaping global financial services. From how they are consumed, to who offers them and how they’re structured, we live at a time when new ideas and new approaches to payments and digital banking arise almost weekly

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How The Right mPOS Unlocks SMB Summer Event Sales

PYMNTS

Consumers around the world are showing increased interest in contactless payments, with 75 percent of United Arab Emirates (UAE) consumers expressing trust for contactless cards and 82 percent trusting mobile wallets. The U.S.

Remember your past. Build on your present. Brand for your future.

Shared iDiz

Rebranding a credit union is tough. Everyone has an opinion, and most aren’t afraid to state it. For every member that identifies with their shared history, there are others that see a need to update their brand for the future. And both have a point.

Capital On Tap Launches SMB Card With Receipt Bank

PYMNTS

small business lender and commercial card company Capital on Tap is collaborating with accounting software company Receipt Bank to launch the Receipt Bank Card, a commercial card solution for small businesses, according to a press release Monday (July 8).

Standardizing Healthcare Terms: Challenges, Benefits, and Future

Perficient Financial Servies

As a registered nurse (RN), I’m in the field of medical and nursing terminologies within electronic health records (EHRs).

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Virgin Galactic To Become First Listed Human Spaceflight Company

PYMNTS

As part of a deal with a publicly traded shell, Richard Branson’s Virgin Galactic space tourism venture would become the first listed company for human spaceflight. Special-purpose acquisition company (SPAC) Social Capital Hedosophia Holdings Corp.

[Guide] Develop a Supply Chain Sustainability Program

Perficient Financial Servies

According to Investopedia, “Sustainability focuses on meeting the needs of the present without compromising the ability of future generations to meet their needs.

Innovating With Cashierless Checkout In The UK

PYMNTS

Tesco , among other British grocers, is working to bring cashierless shopping to the public in the age of Amazon Go. In other retail news, buy buttons have become so ubiquitous on eCommerce sites that the average shopper might not even notice them.

4 Key Steps in Driving Behavior Change

Perficient Financial Servies

This blog series examines how change management can and should pay for your next project. My previous post, I discussed how behavior change leads to value. In this post I dive into the steps to develop behavior change.

IBM Finalizes Red Hat Acquisition

PYMNTS

As it looks to bolster its cloud computing business, International Business Machines Corp. IBM) has closed its $34 billion acquisition of Red Hat Inc.

Corporate Russian Roulette Game

Perficient Financial Servies

His last chance to spare himself and his billionaire empire is in hands of a Russian roulette game. A revolver loaded with 5 bullets and one empty chamber lies on his table in front of him. His psyche mind winds up algorithmic yet he stood steady on the white lounge chair, looking at the revolver.

Debt Loads Hobble Chinese Firms

PYMNTS

There’s an old saying in investing, which, paraphrased, works out to “you only find out who is swimming naked when the tide goes out.”.