Mon.Jan 07, 2019

2019: What To Take Forward And What To Leave Behind


Welcome to the first Monday of 2019. According to the Chinese calendar, 2019 is the “Year of the Pig” – which may not, at first blush, inspire much excitement for the 358 days ahead of us.

The Future of Fintech Video Series:

Mobile Payments Today

This interview is part of a video series, “The Future of Fintech,” produced by Mobile Payments Today and powered by Galileo Processing

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Alternative Payments Gain Global Traction, But Cash Remains Tough Foe


The recent announcement that China’s UnionPay and Huawei are teaming up to bring Huawei Pay to Russia stands as the latest example that alternative payments are spreading to different parts of the world.

Could Regulatory Clarity on Alternative Lending Hurt Bank-Fintech Partnerships?

Bank Innovation

Fintech lending is on the rise but under the microscope, too. A report from the U.S.

Mastercard Will No Longer Include Name In Logo


Mastercard’s logo of two intersecting circles will no longer include the name of the company, according to a report from The Wall Street Journal.

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The Future of Fintech Video Series: Pedro Domingos

Mobile Payments Today

This interview is part of a video series, “The Future of Fintech,” produced by Mobile Payments Today and powered by Galileo Processing

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Samsung Teams With Apple


Samsung has announced that it will offer iTunes Movies and TV Shows and Apple AirPlay 2 support on all 2019 Samsung Smart TV models beginning this spring, while support on 2018 Samsung Smart TVs will launch through a firmware update.

More Trending

Amazon Becomes World’s Most Valuable Company


There’s a new king of the mountain in the seemingly endless tussle between the world’s four largest companies – Amazon, Microsoft, Alphabet and Apple. On Monday (Jan. 7), Amazon passed Microsoft as the largest company by market value, according to reports.

USA Remote Card Fraud Trends

Mobile Payments Today

In USA card fraud is shifting from in-person fraud to remote fraud. View our latest infographic

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The Reality Of Real ID


At times, it seemed it would not get this far: the Real ID Act. States resisted the post-9/11 authentication law, and sought extensions to its deadlines.

Why Automation is Key to Chesapeake Bank’s Innovation Strategy for 2019

Bank Innovation

Automation is the theme that best describes Chesapeake Bank’s innovation roadmap for 2019, Kevin Wood, managing director of the state-chartered community bank’s business lending division, Cash Flow, told Bank Innovation. “One One of our bank’s main strategic goal is to automate what we can automate, so we can use our staff more effectively,” Wood said. One […].

Taco Bell: Kiosks, The Ticket To QSR Order Customization


To help modernize its restaurants and provide new ordering experiences to its diners, Taco Bell is bringing new technology into its brick-and-mortar restaurants across the country: The quick-service restaurant (QSR) chain is deploying self-service kiosks.

Things worth reading: 8th January 2019

Chris Skinner

Ireland Crypto Regulation Looms


The volatility of cryptos — and the emergence of any number of blockchain and tokenization projects through the last year — has invited fresh regulatory scrutiny of digital currencies.

Top 5 Fraud & Security Posts 2018: AI and Machine Learning


The tremendous interest in AI and machine learning drove the readership on the Fraud & Security blog in 2018. Here are the five posts with the most views. 5 Keys to Using AI and Machine Learning in Fraud Detection.

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HERE Releases New Social Transport App, SoMo


HERE Technologies , a mapping and location data company, has released a new mobile transportation app called SoMo that hinges on a social aspect, according to a report from VentureBeat. Unlike, say, Uber or Lyft, SoMo allows users to plan trips based on events and friends.

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7 Rules When Bankers Face the Bear


Hopefully your holiday season was restful GonzoBankers – because 2019 is literally going to be a bear. After the initial high of the “Trump Bump” in late 2016 and the euphoria-promoting “Tax Bump” of late 2017, bankers saw their fortunes turn against them in the second half of 2018.

UK Tries Another Late Payments Tactic With Stoplight System


The U.K. is launching a traffic-light warning system to spotlight large companies that fail to pay their suppliers on time. The Sunday Times reported that the plan will be revealed this week by the nation’s Small Business (SMB) Commissioner Paul Uppal.

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Zooming out on Capital Markets and Wealth management

Daily Fintech

A New Year doesn’t always necessarily mean a new mindset but it does allow us to reflect and zoom out. Capital markets and wealth management, are being disrupted but we are still early in the journey. In financial products , Price wars continue and zero-fee products keep growing.

Bell And Howell CEO: Why Next Gen Click-And-Collect Isn’t Just About Convenience


When Bell and Howell (BH) first examined how it could compete in the automated, self-service delivery kiosk and locker space a few years ago, it was because two things were becoming crystal clear about the market, CEO Larry Blue told Karen Webster for 2019’s first edition of the Monday Conversation.

Nets and Concardis merger completed

The Paypers

(The Paypers) Nets , a market leader in the Nordic payments industry, and Concardis , a merchant payment service provider in the DACH region, have completed the merger of the two companies

GAO: FinTech Firms, FIs Seek Alternative Data Clarity In Lending


Late last week, the U.S. Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets.

How digital signage can enhance the bank customer experience

ATM Marketplace

Digital signage isn't just about delivering dazzling experiences; it's also about building a closer and more mutually beneficial relationship between the customer and the financial institution

Chinese Investments In US Tech Startups Dry Up


Investments on the part of China in U.S. technology startups are slowing down thanks to increased scrutiny on the part of the White House. According to a report in Reuters citing Rhodium Group, Chinese venture funding in U.S.

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Growing appetite for crypto risks sees insurance premiums tumble

Bobs Guide

The exciting story of Crypto currency trading has seen many businesses and individuals amass huge fortunes over the last few years. Notable examples include Chris Larsen, cofounder of Ripple (Crypto net worth: $7.5bn - $8bn) and Changpeng ‘CZ’ Zhao, CEO of Binance (Crypto net worth

iPhone XR Proves Difficult To Sell


Demand has been low and sales have been weak for Apple ’s iPhone XR. When it launched in October, Apple had high expectations for the cheapest of its three most recent iPhones.

Contactless card fraud is on the rise in UK

The Paypers

(The Paypers) Recent figures from Action Fraud have revealed that a total of GBP 1.8 mln was stolen by fraudsters from contactless users in 2018

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NEW DATA: What’s Driving $230B In Commuter Commerce?


What makes the daily drive miserable for millions of commuters? Yes, there’s the traffic snarls, obnoxious motorists and boredom.

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QNB partners with Infosys Finacle

The Paypers

(The Paypers) Qatar National Bank (QNB) has implemented Infosys Finacle Payments Hub as part of the bank’s digital transformation strategy

Standard Cognition Acquires To Enhance Autonomous Checkout


Standard Cognition , the company that makes artificial intelligence-powered autonomous checkout for retailers, announced on Monday (Jan. 7) that it has acquired, which makes mapping and computer vision technology.

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Inconveniences from texting

Matt Wilcox Pro

Over the past decade, monthly texts have increased 7,700 percent. Worldwide we send about 19 billion of them a day. Americans send about two for every voice call they place. People between 18 and 25 send 133 a week. Texting accounts for about a third of the time Millennials spend on their phones.(1)

Toys R Us Is Going Strong In Asia


While Toys R Us has disappeared from the United States, it is going strong in Asia, which plans to open 60 new stores throughout the region this year.

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Secure Trading selected by Bit4.Sale for transaction processing

The Paypers

(The Paypers) Secure Trading Group has been selected by cryptocurrency exchange Bit4.Sale to provide payment solutions for their customers using 3D Secure technology

EU Works To Quell Chaos Post-Bank Failures


Launched in 2016, the Single Resolution Board ( SRB ) aims to make sure that the failure of one major bank does not impact the EU’s entire banking system or require a bailout from taxpayers.

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Emirates NBD upgrades payments system with TCS

The Paypers

(The Paypers) Emirates NBD has picked Tata Consultancy Services ’ TCS Bancs for Payments as its core processing platform

Burrow’s Couch-In-A-Box Unpacks The Showrooming Sofa Experience


According to recent research from Furniture Village , the average couch has a much fuller and longer life than you probably realize. Over the course of its 11-year life it will host 2,728 hours of reading, 2,299 hours of phone conversations and 2,105 kisses between couples.

Mideast banks move to paperless trade finance, ICC study finds

The Paypers

(The Paypers) According to ICC ’s 10th Global Survey on Trade Finance , the trade finance sector has been estimated to move towards the digitalisation of its processes