Instagram Checkout tests power of social media for mobile commerce
Payments Dive
MARCH 29, 2019
Instagram's new in-app shopping experience with PayPal is testing how social media can influence retail shopping and payment decisions
Payments Dive
MARCH 29, 2019
Instagram's new in-app shopping experience with PayPal is testing how social media can influence retail shopping and payment decisions
PYMNTS
MARCH 29, 2019
Federal Bank in India has partnered with blockchain payments company Ripple to facilitate cross-border payments, according to reports. Federal Bank confirmed the collaboration in an announcement to the Bombay Stock Exchange on Thursday (March 28). “ This is to inform Federal Bank has entered into a partnership with Ripple Inc, a blockchain supported global remittance company, for cross border remittance through its network, ” the announcement said. “ Powered by blockchain-enabled solution, the R
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Bank Innovation
MARCH 29, 2019
Challenger banks are posing a real threat to traditional banks. How real of a threat? According to a new Citibank report, the incumbent banks face up to a 30% revenue hit thanks to competition from digital-first banks as well as big tech players like Google, Amazon and Apple, which are slowly making their way into […].
Payments Dive
MARCH 29, 2019
Learn more about how IoT connectivity already plays a key role in delivering increased personalization and convenience to the customer experience. Benefiting from the flexibility and simplicity of a fully managed cellular IoT connectivity service, retailers can operate anywhere, any time.
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Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.
Bank Innovation
MARCH 29, 2019
Digital bank TymeBank and conversational banking technology provider Finn AI have teamed up to bring a low-cost, AI-powered experience to underserved consumers as well as small and micro businesses in emerging markets. TymeBank, which was awarded the first full banking license in South Africa in about two decades, signed up over 100,000 customers within the […].
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Payments Dive
MARCH 29, 2019
TNS and P97 Networks are leading the way in facilitating secure and reliable connected vehicle and mobile payments across North America and Europe. Download our case study to learn more about this partnership which has already enabled in-dash fuel payments for over 3 million vehicles across the United States.
PYMNTS
MARCH 29, 2019
New research from UBS points to the largest spenders on bank technology: JPMorgan and Bank of America. Reports in Business Insider on Thursday (March 28) said UBS has published a report that breaks down U.S. banks’ technology budgets and explores which institutions are spending the most on innovation, using transcripts from conference calls, internal bank data released by the institutions and data from FactSet to reach its conclusions.
Payments Source
MARCH 29, 2019
The next step for trucking industry payment providers is tapping the full benefit of available data streams as they upgrade from decades-old paper-based payment systems to cloud-driven mobile apps.
PYMNTS
MARCH 29, 2019
Demand for instant and peer-to-peer (P2P) payments is heating up, and financial institutions (FIs) are seeking to cater to that need, knowing that if they don’t, their customers are likely to turn elsewhere. This month’s Faster Payments Tracker explores the latest developments, as FIs and other companies seek to provide or tap into accelerated payment services.
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Dive into the complexities of New York lien laws with our comprehensive eBook, 'New York Lien Law Essentials: 5 Key Facts for Commercial Lenders.' In this detailed guide, we explore the critical formalities necessary for lenders navigating ground-up construction and fix-and-flip projects in the New York market. From documentation requirements to the implications of non-compliance, learn how to safeguard your lending position and prioritize legal adherence.
Bobsguide
MARCH 29, 2019
It will take four to five years for the treasury management sector to embrace blockchain technology in assisting with calculations of reference rates, according to John Byrne, owner of Salmon Software. “If you ask any corporate treasurer would they use blockchain as an alternative, you.
PYMNTS
MARCH 29, 2019
The marketplace economy — name a vertical within that space, whether it’s ride-hailing, project design or eCommerce — is growing by leaps and bounds, crossing borders and (at times) regulatory jurisdictions. To gain critical mass, online marketplaces that are just starting out need to onboard as many customers and suppliers as possible to ignite. However, the two sides of any given transaction may never see one another, so trust is crucial.
Payments Source
MARCH 29, 2019
In the emerging ecosystem economy, merchants will need to provide a seamless buying journey for customers. That means everything from a dynamic user interface and smart authentication to contactless payment options for faster transaction times, writes Paul Perry, a contributor for the technology company Relay.
PYMNTS
MARCH 29, 2019
Grab , the ride-hailing startup, is in discussions with Ant Financial , the payment affiliate of Alibaba and PayPal, about spinning out Grab Financial Group. According to a report citing two sources with knowledge of the talks, Grab Financial Group, which is home to GrabPay, the digital payment service that also sells insurance and provides loans, will be spun out as an independent business.
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.
Bobsguide
MARCH 29, 2019
The in-house technology employed by Starling Bank gives the digital-only challenger great advantage over their incumbent competition when it comes to reacting to fraud. That’s according to the bank’s head of fraud, Catherine Walpole - who was speaking yesterday on a bobsguide.
PYMNTS
MARCH 29, 2019
Apple ’s move into streaming TV services has a notable skeptic: Berkshire Hathaway Chairman Warren Buffett. “I’d love to see them succeed, but that’s a company that can afford a mistake or two,” Buffett said at The Gatehouse’s Hands Up for Success luncheon on Thursday (March 28), according to CNBC. “You don’t want to buy stock in the company that has to do everything right.”.
Payments Source
MARCH 29, 2019
The Clearing House announced moves to attract community banks and credit unions to its real-time payments system. Smaller depositories have generally been reluctant to sign up with what is seen as a large-bank effort.
PYMNTS
MARCH 29, 2019
Another baseball season has started, much to the delight of many consumers, including those insufferable and pretentious fans who consider football something that happens between the World Series and spring training. Cue the memories, the emotional music, the waxing nostalgic about past players and all those ballpark hotdogs with parents and pals. Recall, too, all those instances in which sports helped shape payments.
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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
Payments Source
MARCH 29, 2019
The information you need to start your day, from PaymentsSource and around the Web. Today: Square and Apple Pay go to the ballpark; Government payment gateway draws funds; CoinAcquiring approaches merchants; Movie ticket subscriptions get even more crowded.
PYMNTS
MARCH 29, 2019
Research and analysis firm Bernstein said Starbucks’ changes to its rewards program could alienate some of its customers, according to a report by CNBC. The coffee giant announced it was revamping its rewards program in a push to attract new customers, in the midst of slowing traffic in its North American stores. The company’s loyalty program makes up about 40 percent of its daily transactions.
Payments Source
MARCH 29, 2019
Mobile technology provider Mahindra Comviva developed a software integration for issuing banks and third-party digital wallet providers to add contactless payment capabilities to their mobile products in India.
PYMNTS
MARCH 29, 2019
Sinemia, the movie subscription service in direct competition with MoviePass, surprised customers by cancelling a number of accounts, according to a report by TechCrunch. “Sinemia is a FinTech company in the entertainment industry. Just like any other FinTech company, Sinemia also faces its own challenges of fraud,” the company said. “After conducting a detailed fraud detection analysis earlier this month, Sinemia has terminated a very small number of user accounts for fraudulent activity and m
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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
NCR
MARCH 29, 2019
Your participation in Pride Month and related marketing efforts should come from an authentic desire to serve the LGBTQ community. According to Nielsen, these households spend 7% more on average than non-LGBTQ households.
PYMNTS
MARCH 29, 2019
Payments company Square has partnered with the Washington Nationals and Levy Restaurants to let fans order concession menu items right from their seats, according to reports. Fans can use the Square-owned Caviar app and the Square POS terminal to order everything from food to beer and wine while enjoying the game from the stands. When the order is ready, they’ll receive a notification in the form of a beep.
ATM Marketplace
MARCH 29, 2019
Spring has sprung. and with it, a new crop of Top 5 features for ATM Marketplace, with themes ranging from Windows 10 migration to acquisition aftermath to one of the most talked-about topics of the year (so far), opportunities in ATM outsourcing.
PYMNTS
MARCH 29, 2019
For foes of robocalls, there came a bit of poetic justice in recent weeks, courtesy of John Oliver, host of the weekly HBO comedy-news program “Last Week Tonight.”. The comedian, fed up with what he viewed as the Federal Communication Commission’s inability to crackdown on those automated phone calls — including those made on behalf of financial institutions to collect consumer debt — got his revenge via a simple software program that targeted FCC commissioners with robocalls.
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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.
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