Chris Skinner
OCTOBER 10, 2017
This quote If you’re getting something for free, you are the product has been floating around for a while, and normally is related to Facebook and Google. It’s all about the fact that these companies are selling you to advertisers as clickbait. Facebook, Google, Twitter and others are not free … The post If you’re getting something for free, you are the product appeared first on Chris Skinner's blog.
Bank Innovation
OCTOBER 10, 2017
Digital Wallets is going to be big. Despite a very slow rate, both merchants and consumers are vouching that the value a digital wallet poses is tremendous to both parties. According to a report by Forrester Consulting, cardless ATMs, P2P payment apps, and store loyalty programs have positioned mobile wallets to be the next big […].
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Abrigo
OCTOBER 10, 2017
By John Brown, Founder of Business Enterprise Institute, Inc. Setting goals is critically important when you approach the inevitable exit from your business. Without goals, even the strongest systems fail, as they have no purpose to work toward. Your goals are what guide your process toward a successful exit, and without them, you will find wheels spinning in the mud of indecision.
Bank Innovation
OCTOBER 10, 2017
For those customers withdrawing their money from Wells Fargo, the bank has now added another way to over 5,000 of its ATMs: users can now use NFC or “tap and pay” at the terminal. The capability works through the customer’s mobile wallet feature — for now, it’s available for Apple, Android, or Samsung Pay customers, […].
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.
Payments Dive
OCTOBER 10, 2017
The banking industry has always tended to be conservative and extremely cautious with any kind of experimentation. This is certainly true with blockchain. But it's also true that banks realize the technology does have applicability, and cannot be ignored.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Payments Dive
OCTOBER 10, 2017
The introduction of Payment Banks and Small Finance Banks in the Indian banking industry is expected to make banking services more accessible to everyone across the country.
Bank Innovation
OCTOBER 10, 2017
EXCLUSIVE—RippleNet, the enterprise blockchain network maintained by distributed ledger firm Ripple, has just passed the 100-member mark. Seven new banks have just joined the network, the company announced today, which is built to further “modernize,” to use Ripple’s word, global payments via blockchain. New financial service members of the network include TransferGo, RAKBANK, Krungsri, Currencies […].
Payments Dive
OCTOBER 10, 2017
As ATM footprint continues to grow, banks face unprecedented challenges in effectively monitoring and auditing transactions at the device level.
Bank Innovation
OCTOBER 10, 2017
Global payment network Mastercard will be opening another innovation lab, this time in Pune, India, where the company will continue to focus on finding and experimenting with new fintech technologies. This is the ninth innovation lab that Mastercard has launched (others are in cities such as New York and Dublin), and will experiment with key […].
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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 Dive
OCTOBER 10, 2017
Rapid growth in the electronic payment channels poses several challenges such as handling diverse types of reconciliations, fluctuating volumes and time-bound dispute resolution escalating resource requirement and costs.
Bank Innovation
OCTOBER 10, 2017
With a net worth of at least $1.2 billion, Min Luo may be the latest Chinese billionaire to have amassed his wealth from within the fintech industry, according to Bloomberg. The founder and chief executive officer of Chinese micro-lending platform Qudian Inc., Luo launched his fintech business only three years ago. Since then, Qudian has […].
Payments Dive
OCTOBER 10, 2017
ATMs are critical self-service channels and it is imperative for banks to effectively monitor and manage these assets to ensure business continuity.
Bank Innovation
OCTOBER 10, 2017
Digital business payments company Bill.com gets a boost from a $100 million investment led by JPMorgan Chase & Co and Temasek Holdings. According to reports, the investment will be used to expand the Palo Alto, California-based company’s distribution. Last month, Bill.com and JPMogran announced a partnership on a new B2B platform for electronic invoicing and […].
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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
Payments Dive
OCTOBER 10, 2017
Intensifying competition and technology-driven developments are compelling banks to add new channels, transaction sets and support new card types.
PYMNTS
OCTOBER 10, 2017
“Does this merchant pass the Debbie Test?”. That’s the first thing Donald Kasdon, chief executive officer of credit card processing and payment solutions provider T1 Payments , said he asks when considering whether the processor should take on a new merchant. Debbie is Kasdon’s mother and, according to Kasdon, she’s the perfect litmus test for a vendor’s risk level.
Payments Dive
OCTOBER 10, 2017
Banks are increasingly seeking to scale up their ATM network to extend reach to drive more business value and gain competitive advantage.
PYMNTS
OCTOBER 10, 2017
Digitization of B2B payments is on the rise, but the trend is challenged by discrepancies across geographic markets, according to the latest World Payments Report by Capgemini and BNP Paribas. The 2017 report , released Monday (Oct. 9), found non-cash transactions are growing at a healthy rate — with volumes increasing 11.2 percent between 2014 and 2014 representing the highest growth in a decade, researchers said.
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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.
Payments Dive
OCTOBER 10, 2017
To maximize transactions and improve bottom line for the ATM network, it is critical that ATMs are deployed in strategic locations.
PYMNTS
OCTOBER 10, 2017
Corporates may have been forced to accept what they were offered from traditional financial institutions (FIs) in the past, but the surge of FinTech players disrupting the market and challenging banking firms to do better has opened up new doors for CFOs and treasurers, says Flavia Alzetta. Alzetta is the new CEO of Contis , a FinTech that provides banking and payments services across the U.K. and Europe.
Payments Dive
OCTOBER 10, 2017
Banks are looking at rapidly rolling out innovative card programs to increase their customer base and sustain loyalty.
PYMNTS
OCTOBER 10, 2017
Volante Technologies Inc. , a global provider of payments and message integration software, announced its VolPay Hub is now fully tested, qualified and integrated with TokenOS. Token was founded in 2015 as an open banking platform allowing a global ecosystem of banks, bank customers and developers to move money and information securely worldwide, instantly and without friction.
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As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.
Let's Talk Payments
OCTOBER 10, 2017
Everything new is well-forgotten old. FinTech is not a disruptive force (and blockchain is not a disruptive technology). Rather, it’s the history of institutional banking repeating itself. And the further.
PYMNTS
OCTOBER 10, 2017
W ith technologies like bitcoin and other cryptocurrencies leading the way, the platform-payments space is currently one of the fastest-changing in the world. So, how can platform providers – and the providers who serve them – keep pace in this ever-shifting landscape? The October edition of the PYMNTS Payments Powering Platforms Tracker™, powered by WePay, features the latest headlines on how payment platforms are adapting to a changing space by adopting new technologies and business models.
Insights on Business
OCTOBER 10, 2017
At Sibos 2017 in Toronto IBM will show how we are empowering global banks by helping them digitally reinvent for tomorrow. Here is a preview of our focus at this year’s Sibos: Enterprise blockchain – IBM is leading the advancement of blockchain with many projects under way in financial services including foreign exchange payments netting , private equity administration , securities lending and trade finance.
PYMNTS
OCTOBER 10, 2017
Amazon is reportedly holding meetings in an effort to lure more advertisers to its video content platform in a bid to take on YouTube. According to a news report in CNBC citing several unnamed people, Amazon has implied during several meetings that it is gearing up to unveil initiatives that are friendly to advertisers and marketers, and that it is more open to providing data to advertisers about what its customers are watching and what they are doing online.
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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.
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