Chris Skinner

APRIL 14, 2019

Someone said to me recently that most tech Unicorns are more like Leprechauns. A Leprechaun is also mythical and magical but, rather than delivering riches, it just promises riches at the end of a rainbow you never reach. In other words, most Unicorns are offering riches that are as mythical … The post Are these $1 billion start-ups Unicorns or Leprechauns?

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Fintech 387

PYMNTS

APRIL 14, 2019

The International Monetary Fund ( IMF ) and the World Bank are partnering up to launch a private blockchain and “quasi-cryptocurrency.”. The asset, “Learning Coin,” will be accessible only within the Washington-based multinational agencies. Since the coin has no monetary value, it’s not an actual cryptocurrency, according to The Financial Times. Instead, the coin will be used to study the technologies used for crypto assets, and how they can be utilized in the real world.

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cryptocurrency blockchain Knowledge Base Washington 197

Chris Skinner

APRIL 14, 2019

Things we’re reading today include … Halifax accused of copying rival banks Monzo and Starling with rebrand Asia’s tech champions zero in on main street banking Bank IT failures ‘haunt customers on credit reports’ Big Bank Earnings Reflect Strength in the Economy Citigroup to refund retail customers for investment losses: … The post Things worth reading: 15th April 2019 appeared first on Chris Skinner's blog.

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Maine Retail Report 217

PYMNTS

APRIL 14, 2019

The National Assembly of France has voted to allow local insurance companies to include cryptocurrencies in life insurance contracts. Changes to the insurance code via the Pact Act now allow for life insurance contracts investing in specialized professional funds (SPFs) to include blockchain-backed assets. “With these two provisions, it is written in black and white that SPFs can invest in cryptocurrencies like bitcoin,” said Simmons & Simmons attorney Emilien Bernard-Alzias, according to CC

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Bitcoin cryptocurrency social media New York 187

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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

Lending

Payments Source

APRIL 14, 2019

Payment preferences significantly vary from region to region, making the need to cater to local payment methods crucial, according to Steve Villegas, vice president of partner management at PPRO.

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Regional Payments Management Mobile 114

Payments Source

APRIL 14, 2019

As major payments M&A deals mount, some free agents are awaiting deals of their own — and one area where that’s most apparent is in debit and ATM networks.

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ATM Payments Cards Fintech 116

PYMNTS

APRIL 14, 2019

Microsoft, the Redmond, Washington software giant, confirmed to reporters over the weekend that its web-based email services were hacked. According to reports citing Microsoft, the company confirmed that a “limited” number of webmail users — including @msn.com and @hotmail.com — saw their accounts compromised by hackers. In a statement to reporters, Microsoft said: “We addressed this scheme, which affected a limited subset of consumer accounts, by disabling the compromised credentials and bloc

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Washington Report Software Data 170

The Paypers

APRIL 14, 2019

(The Paypers) The US government has revealed plans to start working with a group of countries on a USD 10 billion fund to help Venezuela rebuild trade.

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US Groups 28

PYMNTS

APRIL 14, 2019

Facebook has nominated PayPal executive Peggy Alford to its board, just as longtime directors Reed Hastings and Erskine Bowles prepare to step down. Bloomberg reported that before joining PayPal in March as senior vice president of core markets, Alford served as chief financial officer and head of operations for the Chan Zuckerberg Initiative, the nonprofit foundation of the social media giant’s CEO Mark Zuckerberg and his wife, Priscilla Chan.

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social media Policies Meeting Strategy 164

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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

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The Financial Brand

APRIL 14, 2019

In the digital age, marketing has a higher profile than ever before. Here's how financial marketers feel about their heightened significance. The post Financial Marketers See Pros and Cons in Marketing’s Changed Role appeared first on The Financial Brand.

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Marketing Branding Marketing Strategies Strategy 31

PYMNTS

APRIL 14, 2019

Bitcoin exchange Bakkt has hired PayPal and Google alum Mike Blandina as its chief product officer. Previously, Blandina was at Google Wallet, where he was engineering director of payments, and at PayPal as vice president of engineering. He joins former Worldpay exec Balaji Devarasetty, as well as former Coinbase executive Adam White, who was recently hired as the exchange’s chief operating officer.

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Bitcoin Google Training Regulation 139

PYMNTS

APRIL 14, 2019

Facebook and its social media properties Instagram, WhatsApp and Messenger all experienced outages over the weekend, with users around the world reporting problems. According to a report in Mashable , users said they were having difficulties when using Facebook and Instagram, complaining of not being able to log into newsfeeds or make updates. The outages also prevented WhatsApp and Messenger from sending messages to users.

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social media Report Branding Company 108

PYMNTS

APRIL 14, 2019

Apple , aiming to move beyond the iPhone to drive sales, is reportedly spending millions of dollars to acquire new video games to be part of the subscription gaming service it will roll out later this year. The Financial Times, citing several people familiar with the deals, reported the fact that Apple is spending so much money shows developers it is serious about the new Arcade game subscription service.

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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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