Bank Innovation
JUNE 28, 2017
Free stock-trading app Robinhood is exploring virtual currency trading on its platform, according to co-founder Vlad Tenev. “We are looking at it, a lot of customers have been interested and are requesting the feature [like this reedit user], so it’s definitely something we are taking a look at,” he said today during the Future of […].
Payments Dive
JUNE 28, 2017
As online and mobile commerce channels continue to expand, and with emerging technologies and trends changing expectations of the in-store experience, brick-and-mortar retailers are being forced to re-evaluate their position, offering and approach.
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Bank Innovation
JUNE 28, 2017
Ant Financial’s premium payment service has arrived in yet another market: Spain. Spanish retailers will now support Alipay capability in their stores thanks to an agreement between Ant and Spanish bank BBVA, the companies announced today. The ability is primarily directed for Chinese tourists in the country that wish to continue to pay with the […].
Payments Dive
JUNE 28, 2017
Brexit, PSD2, Lithuania as a new payment jurisdiction and other topics were discussed at the recent Advapay conference.
Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem
Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i
Bank Innovation
JUNE 28, 2017
The latest ransomware virus that hit the globe may have been large in scope, but it wasn’t all that fruitful for the hackers. The implementers of the virus have presently received only 45 payments, according to the transaction log of the bitcoin wallet where victims were directed to pay — an amount that comes out […].
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Bank Innovation
JUNE 28, 2017
AutoGravity is “very close” to finalizing a funding round within the next few days, Mobility Finance has learned. AutoGravity is not just interested in “capital givers” as investors, Lukas Wickart, chief financial offer of AutoGravity, told Mobility Finance yesterday. Bookmark.
Abrigo
JUNE 28, 2017
There’s a reason many people wait until their mobile phone is hopelessly outdated before getting a newer version. Technology change can be overwhelming. Learning about new phones, selecting one that best meets current and future needs, ensuring it’s a fair price and getting it to work the way it should are among the steps that inhibit many people from “upgrading” until they absolutely have to.
Bank Innovation
JUNE 28, 2017
How do you fund your fintech startup? No really, how? Obtaining funding for a startup, whether its from venture capitalists or an ICO, is one of the hardest steps for founders. So, how does one even start? What are the best strategies for seeking funding? How does one pitch ideas to potential investors? Join INV Fintech […].
PYMNTS
JUNE 28, 2017
“The biggest challenge we face as a commerce ecosystem is to drive value on both sides — that’s where you need both hands clapping in sync. That increasingly means enabling smaller players in the system that are reticent to becoming digitized at the point of sale.”. That was James Hicks, EVP Global Acceptance and Solutions at Mastercard, explaining why Mastercard has invested so much time and energy into rethinking how to get these smaller players on board — and moving from cash to digital payme
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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.
Let's Talk Payments
JUNE 28, 2017
The recent case of WannaCry ransomware reminded us to be cautious of the growing malware menace that ended up infecting thousands of systems around the globe. Regardless, the scale of.
PYMNTS
JUNE 28, 2017
Amazon’s new voice-activated grocery assistant is practically magic, and you don’t even have to go to Diagon Alley to get it. The company has added Alexa to its Dash Wand product, making it smarter and more capable than ever – and strategically positioning itself to own the emerging online grocery market. “If the acquisition of Whole Foods wasn’t a clear enough signal of Amazon’s intentions for grocery market domination, the introduction of the Dash Wand provides another glaring indication,” sai
Let's Talk Payments
JUNE 28, 2017
MEDICI now! Startup Stories highlights the companies that are shaping the new financial technology industry. Keep an eye out each week for new stories! If you or someone you know.
PYMNTS
JUNE 28, 2017
Rewards and incentive programs are not the bacon on top of the Brussels sprouts. Bob Legters, senior vice president and chief product officer for FIS , says loyalty starts with a good product and good service. If a consumer doesn’t like Brussels sprouts, then no amount of rewards can inspire his loyalty. In the same way, a credit card company can’t fix a program with low engagement by offering more (or better) rewards.
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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.
Let's Talk Payments
JUNE 28, 2017
Boise, Idaho – June 29, 2017 – Kount Inc. today announced findings from the fifth annual 2017 Mobile Payments & Fraud Survey to understand and measure the state of mobile.
PYMNTS
JUNE 28, 2017
While many big box retailers like Macy’s and Sears have shut the doors of hundreds of locations over the past year, eCommerce sites have jumped at the opportunity to open physical stores. From Warby Parker to Amazon’s bookstores, the eCommerce arena seems to be doing a 180-degree turn into the physical retail world. The latest eCommerce site to join the brick-and-mortar fray is online consignment store ThredUP.
Bobsguide
JUNE 28, 2017
Darren Capehorn, Director of Services, Icon Solutions. In 2014 Europe started ramping up the rhetoric for building a pan European Instant Payments solution (now known as SCT Inst). In response, various forums sprung up to enable interested parties to discuss what such a solution might offer and.
PYMNTS
JUNE 28, 2017
Referrals are the gold standard in corporate recruiting – more than 80 percent of hiring managers note a strong preference for hiring job candidates that come from employee referrals as they tend to be better qualified and more likely to stay longer in the job. But, notes former recruiter Dakota Younger, most hires don’t come from employee referrals.
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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
JUNE 28, 2017
Apple's plans to display a bright blue bar on iPhone screens when an application is monitoring the user's location may feel like a threat to location-based marketing. More likely, it is an overdue wake-up call for retailers and banks to improve their communication about the benefits of location data.
PYMNTS
JUNE 28, 2017
Like most entrepreneurs, Jude Al-Khalil found herself solving a problem for herself and her personal network when she first started Bikyni , a clothing firm that has been called “Warby Parker for bikinis.” Attendees at a poolside bachelorette party had one pain point to discuss — the horror of trying to buy a flattering swimsuit. Women dread shopping for bathing suits, Al-Khalil realized, and for good reason.
Payments Source
JUNE 28, 2017
Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Square considers consumer loans; ATM's golden anniversary; New ransomware; Pinterest adopts dual authentication.
PYMNTS
JUNE 28, 2017
From their affinity for brunch (and avocados on toast ) to their attachment (uncorded, of course) for subscription services , it’s no secret millennials have some significant spending differences compared with older generations. According to research, the newest group to hit adulthood is more interested in preserving their financial and personal freedom than settling into a long-term job or tying themselves down to long-term commitments like a monthly payment on a car or house.
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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
JUNE 28, 2017
Despite some predictions, cash shows no signs of going away anytime soon, and this means ATMs will continue to play an essential role in any bank’s strategy. Indeed, recent figures from UK network LINK revealed that the end of last year saw record ATM usage, with December 23rd 2016 being the busiest day in history, when a total of £730 million ($947 million) was withdrawn in the space of 24 hours.
PYMNTS
JUNE 28, 2017
Fraud is a fact of life these days – an “unfortunate” one if you ask Bob Stark, vice president of strategy for the cloud treasury solution provider Kyriba. In a digital webinar discussion with PYMNTS CEO Karen Webster, Stark explains the concept of a payment factory and how it can help protect companies from fraud. “I hate the fact that we have to talk about this,” Stark said.
Payments Source
JUNE 28, 2017
Alibaba Group Holding Ltd. will invest another $1 billion to raise its stake in online mall Lazada Group SA to 83 percent, securing control of a fast-growing startup at the vanguard of its Southeast Asian expansion.
PYMNTS
JUNE 28, 2017
There are few things worse than seeing a car’s “Check Engine” light come on. At best, one has not screwed a gas cap on tightly enough. At worst, something is slowly fusing all the pistons in your engine into a twisted metal mess. Until black smoke starts pouring from the hood the driver really has no way to be certain – and no one wants to be the person who called the auto club to have them tighten a gas cap.
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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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