Sat.Apr 13, 2019 - Fri.Apr 19, 2019

Why Chinese TechFin is the exception and not the rule

Chris Skinner

I picked up an interesting article from Reuters, about how Asian technology firms are moving into banking in a different way to Europe or America.

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Facebook, PayPal and how blockchain could disrupt the payments space

Mobile Payments Today

Facebook and PayPal are beginning to make investments in blockchain that could have a major impact in the payments business

Why AI Risk Tech And Banks Could Be A Match Made In Heaven


While most CEO stories are about having founded a firm to solve a problem, Upstart CEO Dave Girouard and his team of former Google staffers actually started with a solution.

Delivering differentiated business value with intelligent routing of payments

Insights on Business

Innovative payment options today are driving competition and rapid changes in the payments industry. The payments business has started to embrace a more client-centric model as payments customers, both retail and commercial markets, increasingly demand new payment options such as real-time payments.

Will a global platform connect all of our money?

Chris Skinner

When I talk about FinTech, I often reflect on the first time I encountered what I would, today, call a truly FinTech firm. It was on March 30, 2005, and a newly formed firm presented at the Financial Services Club an idea.

Bank Customer Experience opens awards competition

Mobile Payments Today

The annual BCX Summit has opened the awards competition for banks and fintechs in several important categories

Visa, Wave Team To Bring Instant Payouts To Micropreneurs


“When do you want to get paid?” It’s a basic question that — when posed to anyone, particularly, a small business (SMB) — most always has the same answer, no matter who one asks or within what industry: now.

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More Trending

Are these $1 billion start-ups Unicorns or Leprechauns?

Chris Skinner

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.

Decathlon, NewStore test the limits of cashless retail with US store

Mobile Payments Today

Sporting goods retailer Decathlon is testing the limits of cashless retail with technology firm NewStore, which developed an iPhone-based ominichannel platform to transform the store experience

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Can Regulating Wearables Protect Data Privacy?


The Intelligence of Things (IoT) has become a fixture of everyday life, with more than 14 billion connected devices expected to be in use by the end of 2019.

U.S. Bank Reaching Beyond Branches as 71% of Active Customers Are Now Digital

Bank Innovation

Coming off the launch of a revamped mobile app and the hiring of the bank's first chief digital officer, U.S. Bank executives, during the first-quarter earnings call today, outlined a strategy to extend relationships with customers outside the Minneapolis-based bank's physical footprint.

The Finanser’s Week: 8th April – 14th April 2019

Chris Skinner

The main blog headlines are … Leaving customers digitally high and dry … big mistake I’ve recently seen two blogs about issues with challenger banks N26 and Tandem. They both relate to the ways in which these new banks communicate, or not in these cases.

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To energize innovation in financial services, take it outside

Insights on Business

Financial companies have always been innovators. But in this age of digital transformation, innovation in financial services is more important than ever to stay competitive. Innovation processes, traditionally limited to product development, are now spreading throughout the entire organization.

How 5G Could Be Rocket Fuel To Retail


The race to 5G retail is on. The new, faster mobile network technology is a big part of the plans for many commerce and payments operators, even though specific use cases have been only slowly emerging as the technology and the devices to support it are deployed.

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New Mastercard Rewards Program Features Automatic, Instant Redemption

Bank Innovation

Mastercard today announced the rollout of a streamlined real-time rewards program that eschews the traditional multi-step path to redeeming rewards and cash back. The Purchase, N.Y.-based

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Things worth reading: 18th April 2019

Chris Skinner

Is Your Credit Union Sending Members the Wrong Message?

Credit Union Geek

Originally published on This post might not be for you. Or, it could be exactly what you and your credit union team need. Inspired By: Someone Else’s Faux Pas I’ll be honest; the inspiration came from a local chamber of commerce, not credit union.

Chipotle Hacked, Payment Credentials Compromised


Chipotle Mexican Grill has been the victim of a cyberattack that compromised the credit card payment information for a small number of customers.

Are Ride-Hailing Apps Responsible for Southeast Asia’s Growing Fintech Market?

Bank Innovation

Fintech in Southeast Asia is reaching new records for both deals and funding. One of the reasons for this rise may be, perhaps surprisingly, the ride-hailing business. The region, which includes countries like Vietnam, Indonesia and the Philippines, among others, is a widely under-banked market.

Things worth reading: 16th April 2019

Chris Skinner

Things we’re reading today include … Bank of England begins climate enforcement with a velvet glove | Larry Elliott Italy’s UniCredit to pay $1.3 billion to settle U.S. sanctions probe Worried a recession is coming, U.S.

Bank Customer Experience Awards competition now open

Mobile Payments Today

The annual awards honor financial institutions and fintech providers whose unique strategies and technologies are heightening the consumer experience

Want To Build A 630M, 10 Country Financial Services Ecosystem? Here’s What Grab Did


Ankur Mehrotra, managing director and head of financial services for Grab , still gets emotional when talking about the drivers and their dreams of owning cars.

Mobile Outpacing Digital User Growth at the Big Four U.S. Banks

Bank Innovation

The big four U.S. banks are adding more active mobile users than overall digital users on both a quarter-over-quarter and year-over-year basis, earnings reports for the first quarter of 2019 show.

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Things worth reading: 17th April 2019

Chris Skinner

Things we’re reading today include … How will open banking change retail?

Decathlon, New Store test the limits of cashless retail with US store

Mobile Payments Today

Sporting goods retailer Decathlon is testing the limits of cashless retail with technology firm NewStore, which developed an iPhone-based ominichannel platform to transform the store experience

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The Global Influence Of PSD2


The Second Payment Services Directive (PSD2) is impacting the use of data for business and consumers around the globe, and the European eCommerce industry could be significantly affected by Strong Customer Authentication (SCA) noncompliance.

Citigroup Attributes Q1 Deposit Growth to Its Digital Channels

Bank Innovation

Citigroup's digital channels are crucial to growing its new-to-bank customer deposits, according to CFO Mark Mason, who reported single-digit YOY growth in deposits across international retail consumers, as well as North American customers, during the company's first-quarter earnings report. "We

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Things worth reading: 15th April 2019

Chris Skinner

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Will Security Concerns Impact Smart Payments Potential? I Voice Assistants I Connected Cars I Wi-Fi Fridge I IoT I Survey

Mobile Payments Today

Smart payments are on the rise and consumers now have the option of making payments via mobile devices like voice assistants, household appliances like Wi-Fi fridges or even their car dashboard. Download this infographic from TNS to discover which country is leading the way in adopting smart payments

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World Bank, IMF Debut Private Blockchain And ‘Quasi-Cryptocurrency’


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.

Millennials Represent Nearly 3 of 5 New 1Q Account Openings at Ally

Bank Innovation

The Detroit, Mich.-based based online-only bank, Ally Financial, had 120,000 new deposit customers in the first quarter on 2019, CEO Jeff Brown said on the bank's 1Q earnings call Thursday, bringing the Ally’s total depositor count to 1.77 million — a 20% YoY increase.

Amazon Go: A case study in cashless retail pushback

ATM Marketplace

The decision by Amazon to change course with its cashless Amazon Go stores offers a cautionary tale for retailers about the likely fallout when they try to exclude fiat currency as a payment choice for potential customers

FSS Payment Gateway Trends – 2018

Mobile Payments Today

FSS Payment Gateway maintained a strong growth trajectory in 2018, processing 790M transactions amounting to USD 18B in value

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In B2B eCommerce, Lowest Price Isn’t Always The Right Price


Amazon has found a gold mine with its third party sales service.

Schack: Expanded BMO Harris Innovation Program Casts Wider Net for Ideas

Bank Innovation

BMO Harris Bank is expanding the scope of its in-house accelerator from a local to a national program. The Chicago-based bank is accepting applications from fintech startups for the 2019 BMO Harris/1871 Innovation Program through the end of the day today. Ben Schack, Head of U.S.

Where Smart Money Is Betting On Blockchain Since The Hype Has Died Down

CB Insights

2018 wasn’t a great year for blockchain companies. In the run-up in December 2017, Bitcoin hit a peak of nearly $20,000. Coinciding with Bitcoin fever, an unprecedented ICO boom meant blockchain startups had tremendous access to capital.



Much like other industries struggling to stay afloat in the stormy waters of the global economy, the shipping industry is seeking its own transformation after years of overcapacity and tumbling freight rates.