Sat.Feb 18, 2017 - Fri.Feb 24, 2017

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The importance of building mobile payments with the right POS in mind

Payments Dive

As the mobile wallet ecosystem continues to grow and expand, there are still several barriers to entry in the restaurant industry that are making it difficult to increase consumer adoption and employee execution.

Mobile 356
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Starling Bank Integrates API into Google Home [VIDEO]

Bank Innovation

Mobile-first Starling Bank released a video today showing off an integration of its API with a Google Home device. The feature is not available for Starling customers yet, though it’s coming, according to Megan Caywood, chief platform officer at Starling Bank. Caywood told Bank Innovation: Voice features are primarily going Read More.

Video 345
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The FinTech Wave, Part One

Chris Skinner

I wrote a blog the other day for The Next Web. I thought it was ok, and it has gained a lot of traction socially. Apparently, people like it and here I’m going to expand upon the basic theme to give a detailed analysis of how FinTech wings are spreading. There’s been a lot of talk about fintech lately. We talk about the billions of dollars being invested in fintech; the wave of unicorns and start-ups in this space; the challenge they bring to banks and incumbents; the way in which they are reac

Fintech 342
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RegTech: what is it and what are the benefits?

Accenture

Following on from my previous blog introducing the new year in the Fintech Innovation programme, I wanted to turn the focus onto the emergence of RegTech—technologies that address the challenge and cost of regulatory compliance. Over the past couple of. Read more.

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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

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

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How emerging payments technologies are changing the fast food industry

Payments Dive

Careful consideration of the advantages and disadvantages of each available payments option will enable restaurant owners to find the one that best meets the needs and preferences of their diners.

Industry 283

More Trending

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Most thinking about poverty is wrong

Chris Skinner

There are basic human needs: food, drink, sleep … wifi. Once those are covered, everything else is supplemental. It’s not needed. It’s just stuff you want. If you can eat, drink and sleep comfortably, what else is there? I only ask this question because I was thinking about what we value, and realised that we all value different things. You might collect Britney Spears memorabilia which, to me, is worthless.

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These 20 Tweets during #busyseason show the struggle is real for CPAs

Abrigo

It’s grind time for public tax accountants and auditors. February and March (and for firms providing tax services,fe April) are generally the busiest months all year. As a result, millions of accountants are putting in extra hours of work and dealing with added stresses related to challenging clients or situations. Here are 20 Tweets that provide a glimpse into the world of CPAs and their staffs this time of year.

Taxes 186
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Bitcoin Tracker: Up, Up And Away?

PYMNTS

Is there an alternative, profound French phrase or two that can describe what investors have seen this week with bitcoin? Because “déjà vu” no longer seems to cut it. Bitcoin is quickly headed toward fresh three-year highs after jumping up over $100 in value since last week’s tracker. After breaking through the $1,000 mark (again) at the beginning of February, bitcoin decided to stick around.

Bitcoin 194
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U.S. Bank Wants To Remove Passwords From Login in 2017

Bank Innovation

Customer authentication processes at banks have evolved from mere security questions and “date-of-birth” kind of passwords. Biometrics and behavioral analytics are taking over banking apps for good, and U.S. Bank, recognizing that, has set a target: removing passwords “altogether” from the login process in 2017, according to Jason Witty, the Read More.

Analytics 333
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The State of Automation in Financial Services 2024 Report

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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An interview with Tom Blomfield, co-founder of Monzo

Chris Skinner

The first job Tom Blomfield (left in photo) ever had was delivering leaflets for estate agent Wilson Heal. He lasted one day in the cold December rain before convincing the guys that leaflets were old school and they really needed a website, which Tom then built and still exists today. That opened up the world of the internet, as well as entrepreneurship, for him.

Study 283
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Using digital to create a phenomenal bank salesforce

Accenture

Microsoft’s Bill Gates knows a thing or two about technology. As part of his foundation’s education work, Gates has also learned a lot about how technology can improve the quality of schools. One of his observations is that “technology is. Read more.

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Blockchain Tracker: Hybrid, Private And Public Blockchain’s Impact On The Finance Industry

PYMNTS

Any industry dealing with sensitive information is subject to potential breaches. With practically every industry in the world having finance intertwined in it for survival, financial records may be one of the most vulnerable areas for virtual break-ins. As such, there will likely always be some form of a well-manicured security system in place. Blockchain technology keeps a high level of detail in its records of all financial transactions made.

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Blockchain Is Coming to the Auto Industry, and Not Just for Financing

Bank Innovation

Hyperledger Project – the cross-industry effort for the advancement of blockchain technology – enlisted a new member, but it’s not your usual bank or tech firm this time. Daimler AG — the parent company of Mercedes Benz — joined the project yesterday as a “Premier” member to “collaborate with a Read More.

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

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.

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GAFA have already opened banks … just not in America

Chris Skinner

I heard a rumour the other day. The rumour goes something like: are you not surprised that banks grow into big beasts, as it’s government supported? Governments want banks to be big and regulated, because governments can then access the data the bank is keeping about their clients. IT’s access to data for tracking financial flows and movements that is at the core of government interests here.

America 262
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Inside the mobile-only, on-demand market (and gig economy), Part III

Payments Dive

In the final part of this series, we take a look at what makes a great mobile app. The answer might be simple, but the execution is often difficult.

Mobile 170
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Hacker Tracker: Rising Cyberattack Costs, Malware Drones And International Law’s Impact

PYMNTS

As hackers continue to advance their malicious tactics, it’s no surprise that increasingly sophisticated cyberattacks and fraud are costing business big time. In this week’s Hacker Tracker , Simon Ragona III, director of data forensics at T&M Protection Resources , joined PYMNTS to discuss if tapping international law can actually help to keep cybercriminals at bay.

Training 171
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Is the Facebook of Banking Still Possible?

Bank Innovation

If you picked up the New York Times Business section this morning, you probably saw the photo of the fintech guru, Brett King, looking out the window of a dimly-lit room. The caption read: “Brett King once hoped his company, Moven, would become ‘the Facebook of banking.’” Those hopes are Read More.

New York 306
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2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

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.

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web 5.0, the 2030s and Samantha

Chris Skinner

There’s a line in the 2013 film Her, it’s not just an operating system, it’s a consciousness. The film is about Theodore, played by Joaquin Phoenix. Theodore is a lonely writer who gets to trial a new operating system OS1, the world’s first artificially intelligent operating system. The OS1 tailors itself to your habits and needs, and this OS is almost alive, as represented by the personality of its voice, Samantha, played by Scarlett Johansson.

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Everything you want to know about blockchain but were too afraid to ask

Bobsguide

Blockchain has created a huge amount of buzz in the financial services industry since its official debut into the market in 2009. The question of when blockchain will go mainstream is yet to be answered, but there is constant speculation around the topic. However, the technology has been widely.

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Does Commerce Have A Role To Play In Virtual Reality?

PYMNTS

Virtual reality (VR) and augmented reality (AR) are two of the latest buzz phrases making headlines and gaining interest in a variety of industries. Though the technologies still haven’t reached a level of mainstream usage or acceptance, that hasn’t slowed down the number of companies and sectors looking to utilize VR/AR to transform customer experiences.

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Here Is How to Build (And Maintain) Your Innovation Team

Bank Innovation

Innovation groups are a relatively recent, but an increasingly important, addition to traditional bank structures. FIs employ different approaches when forming those teams: some banks have full-time, devoted engineers and technologists, while others source their existing employee-base to bring in a mixture of expertise from different departments. Whatever the approach is, Read More.

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Why Is CRE Lending Stuck in the Past? Top 3 Reasons for Digital Resistance

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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Things worth reading: 24th February 2017

Chris Skinner

Things we’re reading today include … Lloyds profits surge but challenges remain New £1 ‘most secure coin in the world’ Royal Bank of Scotland reports ninth year of losses Brexit: Barclays ‘committed to London’ RSA steps out of turnaround programme as recovery from Irish financial scandal continues Ex-IMF chief Rodrigo Rato gets 4.5 years for embezzlement Bob Diamond to buy Athens-based consumer finance bank Former IMF chief jailed over Bankia card scandal Fina

Taxes 190
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Model Bank 2017: Small Business and Corporate Digital Innovation Themes

Celent Banking

This is the fifth article in a weekly series highlighting trends and themes from Celent’s Model Bank submission process. For more information on how the Model Bank Awards have evolved, see the first two pieces from Dan Latimore and Zil Bareisis. This particular article is focused on innovations in small business and corporate banking: two critical market segments for financial institutions as they seek revenue growth and relevance in the evolving digital B2B marketplace.

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Will China Fast-Track Its Initial Public Offerings?

PYMNTS

Reuters reports that the nation’s securities watchdog is in the midst of mulling a “shortcut” that would offer some of the biggest tech firms in China a way to bring their shares public in a fast-tracked manner. In other words, they’d get to list sooner rather than later. And if they get sped to market, so to speak, they’d leap ahead of what the newswire termed “a long list of applicants” already in the offing for listing via exchanges, a heady number that tops 700.

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14 Surprising Services Offered at Banks in Europe

Bank Innovation

We will not argue about whose banking system is the best in the world. There are different factors to consider for each market, so that it is difficult to establish a ranking. (In addition, it would be a boring task.) But consider the following question. Given the present rate of Read More.

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Addressing Top Enterprise Challenges in Generative AI with DataRobot

The buzz around generative AI shows no sign of abating in the foreseeable future. Enterprise interest in the technology is high, and the market is expected to gain momentum as organizations move from prototypes to actual project deployments. Ultimately, the market will demand an extensive ecosystem, and tools will need to streamline data and model utilization and management across multiple environments.