Chris Skinner
OCTOBER 20, 2019
I’ve been noticing that there are more and more issues arising with the big internet giants. Unlike in China, where the companies are working with governments, the big Western giants work outside government control. That creates issues, particularly in Europe where government does not like to be out of control. … The post Google versus Government appeared first on Chris Skinner's blog.
PYMNTS
OCTOBER 20, 2019
Uber Eats announced that it has launched a new pickup feature nationwide. The feature was tested in San Diego, Phoenix, Dallas and Austin, Texas, and was made available across the country on Friday (Oct. 18). The company’s rivals — DoorDash, Grubhub and Postmates — already offer a pickup service to their customers. “This gives eaters more flexibility in how they access food and provides them the option to order through Uber Eats and collect the food themselves,” Elspeth Rollert, Uber Eats
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Chris Skinner
OCTOBER 20, 2019
Things we’re reading today include … Life after Libra: how regulators could fuel rise of digital currency China’s central banker says yuan level ‘appropriate’, trade tensions risk to global economy Top fund manager forced to resign after BBC investigation Citi signals confidence in post-Brexit London World economy is sleepwalking into … The post Things worth reading: 21st October 2019 appeared first on Chris Skinner's blog.
PYMNTS
OCTOBER 20, 2019
Mastercard announced that it is rolling out Mastercard Bill Pay Exchange with the help of several new partners, including ConEd, Avidia Bank, Aliaswire Inc., OSG Billing Services and Transactis. The new offering will make it easier for consumers to view, manage and pay telecom, utility, rent, credit card, mortgage and other bills without the hassle of having to set up different accounts, track multiple passwords, and log in to multiple websites.
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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
Ron Shevelin
OCTOBER 20, 2019
It’s admirable that many fintechs aim to be altruistic and want to address social issues. But so do thousands of credit unions and community banks.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Qudos Bank
OCTOBER 20, 2019
Technology has transformed the way we live our lives over the last 10 years, from how we find the love of our lives, to the way we catch cabs and banking is no different.
PYMNTS
OCTOBER 20, 2019
The Federal Aviation Administration has allowed Wing , an Alphabet-owned drone delivery service, to perform at home deliveries using the vehicles. . TechCrunch is reporting that it’s the first time a drone delivery company has earned the distinction, and it’s in partnership with FedEx Express and Walgreens. . Wing was awarded an Air Carrier Certificate from the FAA that allows for more service with a drone, including the management of many aircraft flying at the same time without a human pilot o
Payments Source
OCTOBER 20, 2019
FedNow will provide tremendous advantages for community financial institutions, but it also creates areas of concern that will require additional oversight, says CSI's Derrick Bretz.
PYMNTS
OCTOBER 20, 2019
SoftBank looks to become the majority owner of WeWork without getting into long-term lease obligations, Reuters said on Saturday, Oct. 19. Sources told Reuters that SoftBank has delivered a $5 billion financing rescue that The We Company — parent of New York-based WeWork — is considering alongside a proposal by JPMorgan Chase. SoftBank gave WeWork a financing offer that would give it control and told Reuters it wants to put money into the office-sharing startup and have a bigger role in operatio
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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 Source
OCTOBER 20, 2019
The goal is to get a better understanding of past incidents, thereby arming the Fed to improve its response as more companies implement faster payments.
PYMNTS
OCTOBER 20, 2019
Chick-fil-A has announced the launch of dine-in mobile ordering, allowing diners to order ahead before arriving to eat at one the fast-food chain’s locations. After testing out the service in select markets for a few months, the service is rolling out to Chick-fil-A customers nationwide this month. “We’ve received great feedback from parents, because they have to think about placing an order for everyone in their family while waiting in line,” Khalilah Cooper, director of service and hospitality
Payments Source
OCTOBER 20, 2019
Mastercard is testing two new bill payment services, with an eye on improving speed for consumers and businesses.
PYMNTS
OCTOBER 20, 2019
The chair of the U.S. House Antitrust Subcommittee David Cicilline (RI-D) said he anticipates having a final report in early 2020 about big technology companies and any breaches of antitrust law, Reuters reported on Friday (Oct. 19). The committee is anticipating additional data in the first months of 2020, adding to stacks of information already received from Facebook, Alphabet’s Google, Amazon, and Apple.
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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.
Let's Talk Payments
OCTOBER 20, 2019
There are two sides to digital payments: a consumer-facing side, which comprises mobile wallet (Paytm, PhonePe, etc.
PYMNTS
OCTOBER 20, 2019
David Marcus, CEO of Facebook’s wallet service Calibra , said that Libra could use national currency-pegged stablecoins like a dollar stablecoin, rather than the synthetic one it initially proposed, Reuters reported on Sunday (Oct. 20). . Marcus, who heads the Libra project for Facebook, told a banking panel the group’s main goal remained to create a more efficient payments system, but it was open to looking at alternative approaches for the currency token it would use.
The Financial Brand
OCTOBER 20, 2019
Founder of digital-only bank Starling explains how a traditional banks and credit unions can be reborn by embracing a market approach. The post The Future of Retail Banking Through a Digital Challenger’s Eyes appeared first on The Financial Brand.
The Financial Brand
OCTOBER 20, 2019
The world's most innovative banks leveraged digital technologies and advanced analytics to generate improved CX and stronger brands. The post The Best Global Banking Innovations in 2019 appeared first on The Financial Brand.
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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.
The Financial Brand
OCTOBER 20, 2019
Most consumers still save with traditional financial institutions, but that preference lessens with higher balances and online experience. The post 4 in 5 People Who Like Direct Banks Would Make Deposits with Amazon appeared first on The Financial Brand.
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