Chris Skinner
APRIL 7, 2019
I was lucky enough to be invited to a conference of the great and the good managing one of the large economies of Europe the other day. It was in a fine location, with lots of dignitaries, media coverage, security guards and German shepherds. On that last point, the dogs, … The post The economic outlook for the next few years is … appeared first on Chris Skinner's blog.
PYMNTS
APRIL 7, 2019
Western countries are gearing up to create cybers strategies aimed at preventing foreign countries like Russia and China from lodging internet attacks and manipulating social media to attack political systems. According to a report in The Financial Times citing a meeting of foreign ministers from the Group of Seven, the ministers also discussed creating a framework to implement sanctions and exposure in the public arena of the countries that try to attack western democracies via the internet.
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Chris Skinner
APRIL 7, 2019
The main blog headlines are … Alipay and Visa announce global QR code venture We all got hugely excited about Apple launching a credit card with Goldman Sachs and Mastercard last week. Whoopy-doo! This was a major lift for Mastercard in particular. As Wedbush’s Moshe Katri noted payments on the … The post The Finanser’s Week: 1st April – 7th April 2019 appeared first on Chris Skinner's blog.
PYMNTS
APRIL 7, 2019
Sellers aren’t happy with some of the changes that PayPal has made to its user agreement. Currently, when someone sells goods or services, they are charged a flat transaction fee, as well as a percentage-based commission on the sale. If a customer asks for a refund, all except the small transaction fee is returned. But starting on May 7th, the company will no longer refund seller’s fees when a buyer asks for their money back.
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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
Chris Skinner
APRIL 7, 2019
Things we’re reading today include … Digital Bank Tandem starts fundraising talks KPMG plans overhaul of British business: The Times Mark Carney still stands taller than Brexit’s lost leaders | William Keegan Lloyd’s to bar ‘under-the-influence’ staff from building Monzo digital bank could double value to £2bn with new US … The post Things worth reading: 8th April 2019 appeared first on Chris Skinner's blog.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Payments Source
APRIL 7, 2019
Crooks are going after automated tax communications, text and streaming video. Here's what payment companies should do to educate their consumers, according to Robert Fodor, chief data scientist and vice president of fraud for Interac.
PYMNTS
APRIL 7, 2019
Some digital health companies are finally getting set to go public. According to CNBC , Livongo , which provides services and tools to help people manage chronic medical conditions, has reportedly chosen bankers for its IPO. Healthcare data company Health Catalyst has done the same, while Change Healthcare , which provides technology to lower health care costs, filed its prospectus in March.
Payments Source
APRIL 7, 2019
As Amazon experiments in retail models that remove cash and plastic cards in favor of online and mobile payments, traditional retailers may have an ace up their sleeve: the gift card.
PYMNTS
APRIL 7, 2019
Payment solutions company Flywire has added machine learning capabilities to its cross-border payment and receivables platform, according to a release from the company. “The enhancements improve the payment-to-settlement time, increase security and reduce costs for both payers and receivers by further automating and streamlining reconciliation of the growing number of international payments coming from different countries in different currencies,” the company said.
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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
Disruptive Finance
APRIL 7, 2019
2 weeks ago, I was chairing the stream about “How can banks innovate” at Money 20/20 Singapore. The audience was mainly professionals in banks and Fintech entrepreneurs, and I asked them the following question : “What is the biggest challenge for bank innovation?” What would be your answer ? Have a think then see below how(.).
PYMNTS
APRIL 7, 2019
Famed investor and Wells Fargo ’s largest shareholder Warren Buffett urged the bank to look beyond Wall Street to find a new chief executive for the company. In an interview with The Financial Times Buffett said Wells Fargo will need to look outside of Wall Street if it wants to repair its reputation, which has been hit by scandals. “They just have to come from someplace [outside Wells] and they shouldn’t come from Wall Street,” Buffett in an interview with The Financial Times.
Cisco
APRIL 7, 2019
It’s clear retail banks need to adapt to emerging trends to stay relevant in today’s market. What isn’t always so clear, however, is what trends matter most and where banks should focus their attention to stay head of the curve. We’ve identified the top 4 trends that banks can’t ignore in 2019. #1. Consumers crave a customized experience. Mobile-first banking is an immediate driver of digital strategy.
PYMNTS
APRIL 7, 2019
Earnings for U.S. banks kick off this week, with analysts expecting earnings in the first quarter to contract, marking the first time in three years. According to a report in Reuters , JPMorgan Chase and Wells Fargo are slated to report quarterly earnings Friday (April 12) while Citigroup and Goldman Sachs will report earnings the following Monday. Bank of America and Morgan Stanley report the day after Citigroup and Goldman Sachs.
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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.
Cisco
APRIL 7, 2019
It’s clear retail banks need to adapt to emerging trends to stay relevant in today’s market. What isn’t always so clear, however, is what trends matter most and where banks should focus their attention to stay head of the curve. We’ve identified the top 4 trends that banks can’t ignore in 2019. #1. Consumers crave a customized experience. Mobile-first banking is an immediate driver of digital strategy.
The Paypers
APRIL 7, 2019
(The Paypers) The European Cybercrime Centre (EC3) has signed a MoU with Merchant Risk Council (MRC), an association engaged in fighting ecommerce fraud.
The Financial Brand
APRIL 7, 2019
The banking industry still lags other categories in giving consumers the ability to shop for and purchase products and services digitally. The post Banks Not Meeting Digital Sales Expectations appeared first on The Financial Brand.
The Financial Brand
APRIL 7, 2019
The top 100 banks using Facebook, Twitter and YouTube ranked by their overall social media community through the first quarter of 2019. The post Top 100 Banks Using Social Media for the First Quarter of 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
APRIL 7, 2019
The top 100 banks on Twitter ranked by the total number of their Followers through the first quarter of 2019. The post Top 100 Banks On Twitter for the First Quarter of 2019 appeared first on The Financial Brand.
The Financial Brand
APRIL 7, 2019
The top 100 banks on Facebook ranked by their total number of 'Likes' through the first quarter of 2019. The post Top 100 Banks on Facebook for the First Quarter of 2019 appeared first on The Financial Brand.
The Financial Brand
APRIL 7, 2019
The top 100 credit unions on Facebook ranked by their total number of 'Likes' through the first quarter of 2019. The post Top 100 Credit Unions on Facebook for the First Quarter of 2019 appeared first on The Financial Brand.
The Financial Brand
APRIL 7, 2019
The top 100 banks using Facebook, Twitter and YouTube ranked by their overall social media community through the first quarter of 2019. The post Top 100 Credit Unions Using Social Media for the First Quarter of 2019 appeared first on The Financial Brand.
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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.
The Financial Brand
APRIL 7, 2019
The top 100 credit unions on Twitter ranked by the total number of their Followers through the first quarter of 2019. The post Top 100 Credit Unions On Twitter for the First Quarter of 2019 appeared first on The Financial Brand.
The Financial Brand
APRIL 7, 2019
The top 100 credit unions on YouTube ranked by the total number of all-time video views they generated through the first quarter of 2019. The post Top 100 Credit Unions on YouTube for the First Quarter of 2019 appeared first on The Financial Brand.
The Financial Brand
APRIL 7, 2019
The top 100 banks on YouTube ranked by the total number of all-time video views they generated through the first quarter of 2019. The post Top 100 Banks on YouTube for the First Quarter of 2019 appeared first on The Financial Brand.
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