Payments Dive

DECEMBER 7, 2018

Payments technology can help merchants boost sales and drive loyalty with customers.

Payments 330

Payments Technology 330

PYMNTS

DECEMBER 7, 2018

Not to ruin your holiday spirit, but let’s start this story with the cold and brutal truth: One of the largest risks that payments and commerce operators face in 2019 is being called to account by government officials, regulators or media about a failure to secure their organizations from cyberattacks. The past year brought a significantly increased focus on the security and privacy of online data, with not only consumers paying more attention to the issue but (much more importantly) lawmakers h

Payments 240

Payments Tools Security Regulation 240

Bank Innovation

DECEMBER 7, 2018

JPMorgan Chase released a new online ad for its digital bank Finn on Wednesday. The spot focuses on Finn's auto-saving feature, showing an aspiring photographer who is saving for a new camera. Finn is a digital bank account offered by JPMorgan as part of a strategy to attract new customers without the expense of supporting branches […].

Online 150

Online Digital Banking Strategy social media 150

PYMNTS

DECEMBER 7, 2018

In its newest report, the EU Blockchain Forum (EUBF) noted that government bodies need to home in on two aspects of the blockchain to help the technology fully actualize: That is, the institutions need to have digital national currencies as well as systems for digital identity, The Next Web reported. The organization said in its report, “digital identity is the fundamental building block and a key area for governments to focus on … another important building block … is having digital versions of

blockchain 189

blockchain System cryptocurrency National 189

Advertisement

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

Lending

Bank Innovation

DECEMBER 7, 2018

Bank Innovation and its sister accelerator INV Fintech are holding a meetup next week on the topic, “The Future of Next Generation PFMs.” During this meetup, the founders of the startup Budgit, Ruben Izmailyan and Mark Bechhofer, will discuss the advent of PFM — personal financial management — which have proliferated in the fintech ecosystem from standbys like […].

Management 150

Management Fintech Innovation Mobile 150

Bobsguide

DECEMBER 7, 2018

The banking industry has been “digital for decades” and the race for innovation isn’t just about getting “the best possible app”, said Ruchir Rodrigues, managing director for digital and open banking at Barclays, at Fintech Connect in London this week. Speaking in a.

Fintech 112

Fintech Innovation Industry Management 112

PYMNTS

DECEMBER 7, 2018

Coinbase, a platform that allows users to buy, sell and store cryptocurrency, said it is considering adding 30 new cryptocurrencies to its roster for trading, according to a report. The company said it is looking at many different currencies, including Cardano’s ADA, EOS and Tezos. Following is a list of all the currencies the company is considering: Cardano, Aeternity, Aragon, Bread Wallet, Civic, Dai, district0x, Enjin Coin, EOS, Golem Network, IOST, Kin, Kyber Network, Chainlink, Loom Network

cryptocurrency 172

cryptocurrency Bitcoin Security Strategy 172

Bobsguide

DECEMBER 7, 2018

Without a unique solution migrating old legacy code workflows to the cloud remains a challenge, according to Frederico Fregosi, principal technical consultant for Contino, and former lead site reliability engineer for development operations at Curve. “Most of the code is legacy code. Most.

Operations 100

Operations 100

PYMNTS

DECEMBER 7, 2018

There’s seemingly no magic in this tale. The BBC reports that beloved JK Rowling – she of “Harry Potter” fame and fortune – has been at the center of a credit card scam. The site reports that a former personal assistant of Rowling’s, Amanda Donaldson, has been charged with using a card (allegedly to be used solely for business expenses) to rack up charges totaling thousands of pounds for personal items.

Cards 170

Cards Fraud Dallas Examples 170

Advertisement

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

Report

Insights on Business

DECEMBER 7, 2018

At Money20/20 in Las Vegas last month, IBM’s first Chief Digital Officer Bob Lord sat down with McKinsey’s Dan Stephens for a fireside chat on emerging technologies that can enable differentiated, magical experiences in the financial services industry. When Stephens asked Lord where he felt financial institutions should start to make momentum with change, Lord responded that call centers and robotics processing provide good ROI and KYC and data mining improve marketing and cross-sell

Customer Experience 93

Customer Experience Las Vegas Innovation Leadership 93

PYMNTS

DECEMBER 7, 2018

Debt is the burden that can keep on burdening — forcing borrowers to make choices that are sometimes less than ideal. Consider student debt, which is carried by 44 million borrowers in the United States alone, and where $1.5 trillion is owed. Big numbers, to be sure, but let’s get granular for a moment. Generally speaking, student debt is used as a conduit to higher education, and by extension, higher education leads to a greater income potential over one’s career.

Study 170

Study United States Boston Millennials 170

Payments Source

DECEMBER 7, 2018

By giving options, business can ensure that when users are in a hurry and suddenly faced with an elaborate setup for a new logon procedure, they won’t leave for a different provider, writes Marco Lafrentz, a vice president at tyntec.

Retail 81

Retail Payments 81

PYMNTS

DECEMBER 7, 2018

Brick-and-mortar is a no-go —literally. Consumers simply don’t visit physical stores to discover new products anymore. In fact, there is about a 58 percent chance that a consumer knew what they were going to buy before they even walked into the store to make their most recent purchase. So, where are modern shoppers going for new, exciting products to purchase?

Data 165

Data Online Survey Mobile 165

Advertisement

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.

Lending

Payments Source

DECEMBER 7, 2018

Airports would provide a way to bring Amazon Go to spaces beyond the relatively small storefronts at Go’s early locations in Seattle, San Francisco, Chicago and New York.

San Francisco 76

San Francisco Seattle Chicago New York 76

PYMNTS

DECEMBER 7, 2018

KPMG is taking further steps into the small business financial services world with a new tax and accounting solution for SMBs, the company announced Thursday (Dec. 6). In preparation for tax season, KPMG is rolling out its KPMG Spark tool designed to automate and digitize small business tax services, including tax preparation and compliance, for businesses with annual revenues below $50 million.

Taxes 147

Taxes Compliance Tools America 147

CFPB Monitor

DECEMBER 7, 2018

The CFPB recently filed a complaint and a proposed stipulated final judgment and order to address claims that Village Capital & Investments LLC (Village) engaged in deceptive acts and practices in the solicitation of veterans for mortgage refinance loans to be guaranteed by the Department of Veterans Affairs (VA). The CFPB asserts that between March 2017 and August 2018 Village employed loan officers in its San Antonio, Texas office who were responsible for making in-home sales presentations

San Antonio 74

San Antonio Texas Training Compliance 74

PYMNTS

DECEMBER 7, 2018

Is India proving a lure, once again, for the “Oracle of Omaha?” Reuters reported that the famed value investor ’s favored investment vehicle, Berkshire Hathaway , is eyeing taking a 10 percent stake in India’s Kotak Mahindra Bank. The bank, which saw its shares surge double digits intraday on the news, has said that it is unaware of that rumored intent.

Omaha 146

Omaha Fintech blockchain Course 146

Advertisement

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.

US

Payments Source

DECEMBER 7, 2018

The information you need to start your day, from PaymentsSource and around the Web. Today: Venmo partners with Hulu; VC funds go to e-payments in Mexico; Wirecard expands airline biz in Europe; Cryptocurrency fraud spikes in Japan.

cryptocurrency 70

cryptocurrency Fraud Payments 70

PYMNTS

DECEMBER 7, 2018

The Federal Reserve sent Wells Fargo & Co. back to the drawing table with its plan to prevent consumer abuses in the future, rejecting its plan and calling on the bank to put in place stronger checks on management. Reuters , citing three people with knowledge of the discussions, reported that because the Federal Reserve rejected Wells Fargo’s plan it could take longer for the Fed to lift the asset cap on the company put in place due to a series of sales practices scandals.

Risk Management 146

Risk Management Compliance Management Report 146

ATM Marketplace

DECEMBER 7, 2018

LinkedIn started as a basic networking and job search tool, but has become so popular that business-minded professionals use it regularly to build important connections, communicate, prospect and hire. Many even use it to conduct surveys, perform research and share content. In short, it has become an indispensable tool for business.

Tools 75

Tools Survey 75

PYMNTS

DECEMBER 7, 2018

New local product vendors can be a dream for local stores, and small suppliers can find it relatively easy to launch an online marketplace for a niche customer base. But when it comes to growth, suppliers in the consumer packaged goods (CPG) market must be able to extend their presence online and reach retail buyers that can propel them onto the national stage.

Retail 136

Retail Online Meeting Marketing 136

Advertisement

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.

Compliance

Payments Source

DECEMBER 7, 2018

Executives urged the consumer bureau at a public meeting to keep a closer eye on artificial intelligence innovations developed by fintech firms that are subject to less regulation.

Meeting 63

Meeting Regulation Fintech Innovation 63

PYMNTS

DECEMBER 7, 2018

The past is prologue, right? What has happened before sets the stage. Some famous English writer in the olden days wrote something along those lines. In the case of mobile payments and commerce, the last five years in the history of Braintree —since it was bought by PayPal — serves as a look not only at the growth of mobile checkout and transactions, but a glimpse into the future of that vital channel.

Mobile 135

Mobile Data Payments Maine 135

Payments Source

DECEMBER 7, 2018

Mainstream payment companies are quickly siding with fintechs to dilute the weight of paper on accounts payable and supply chains. American Express is pushing change by making it less of an ordeal.

Cards 63

Cards Fintech Payments Company 63

PYMNTS

DECEMBER 7, 2018

Netflix customers spent more than ever before in November on its mobile apps, according to a report by TechCrunch. The data, which came from data app intelligence firm Sensor Tower, showed that Netflix made about $86.6 million in consumer spending worldwide, across both its Android and iOS apps combined. That number is a whopping 77 percent higher than the previous year’s — which was $49 million.

Mobile 134

Mobile Data Marketing Company 134

Advertisement

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.

Lending