Sat.Oct 06, 2018 - Fri.Oct 12, 2018

Bitcoin Miners Fail To Make A Profit Despite Surge In Revenue


Bitcoin miners have around $4.7 billion in revenue in 2018 — but because of the cost of electricity, miners are failing to make a profit.

From sandbox to sandcastle

Chris Skinner

Another lively discussion followed my meeting with the FinTech communities in Asia. It was interesting as we had a chat about all aspects of what was happening in South-East Asia, and the overwhelming message that came back to me was that the regulatory sandboxes had become sandcastles.

Restaurant and retail executives share their insights about mobile trends

Mobile Payments Today

Restaurant and retail executives that gathered in Chicago this past summer for the Networld Media Group's annual CONNECT: The Mobile CX Summit shared their thoughts with us about the hottest trends in mobile technology in this exclusive video

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How banks use bank-as-a-platform to modernize apps with cloud

Insights on Business

In today’s banking landscape, there’s a growing trend by clients to move their applications to the cloud, including their core banking applications. This movement — core to cloud — is essential for banks seeking to modernize their legacy systems and become agile and flexible.

Pundi X CEO On Dialing Up Digital Payments, Calling Up Blockchain Phones In Dubai


A small test market could be ground zero for seismic changes in commerce and payments — and now possibly for cryptos. Consider Dubai, a city in the United Arab Emirates (UAE), home to 3 million souls. That’s a third of Manhattan’s population, if one is keeping score.

Why P2P lending works in some markets and not in others

Chris Skinner

Someone asked me about getting return on investment in fintech. The discussion is about how many firms are actually delivering on their promise. So many unicorns are loss-making firms, and billion-dollar valuations on million-dollar revenues seems like a lot of hype.

Mobile Payments Today: September's top 5 reads

Mobile Payments Today

It's time for a look back at last month's most-read content on the site

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More Trending

Hackers Steal Alipay Customers’ Money Via Stolen Apple IDs


Alipay , the mobile payment app, said Wednesday (October 10) that hackers stole money from accounts via stolen Apple IDs. Reuters , citing Ant Financial , the payment affiliate of Alibaba, reported the Chinese company said the issue hasn’t been resolved even though it reached out to Apple already.

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Are challenger banks challenging?

Chris Skinner

I keep seeing headlines about Amazon opening a bank, challenger banks pulling the crown off the incumbent banks heads, the end of old banks, the disruption of the system and the end of all traditional financial services.

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State of Payments acceptance by Merchants in India

Mobile Payments Today

Enabling merchant acceptance of digital payments is a key element of the overall development of the DFS ecosystem

How prepared are you for the next big thing in payments? Voice!

Insights on Business

Traditional banks are being reinvented. They’re aiming to be wherever their customers are and offer seamless contextual experiences. Unsurprisingly, transaction and payment services are one of the biggest disruption areas in banking.

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Mastercard Blockchain Patent Would Support Multiple Currencies


Mastercard has been awarded a patent for a proposed blockchain system that would support multiple types of currency. According to Coindesk , the patent describes how a firm may need to store different types of transaction data on the same platform, which is difficult to do on a single blockchain.

Do we really believe financial markets would continue smoothly with a no-deal #Brexit?

Chris Skinner

There’s more and more dialogue about a no-deal Brexit these days, even though Jean-Claude Junker and Michel Barnier are clearly trying to avoid it as they have said a deal is now 85% agreed. It’s just not the Chequers deal.

Aadhaar – The Single identifier and a Powerful Enabler

Mobile Payments Today

An exponential growth in identity-dependent digital transactions requires financial institutions to safeguard customers' identity credentials. FSS Aadhaar Vault can help you create a trusted services environment


IBM Sales Performance Management Summit: Putting SPM to work

Insights on Business

As market conditions and business requirements are constantly changing, IBM Sales Performance Management (SPM) continues to lead the industry with adaptive, scalable tools that are designed to drive efficient, agile solutions for your enterprise sales teams.

Furnishing The Mobile Lifestyle, Sharing Economy-Style


Michael Barlow has called several places home: He has moved five times in seven years and lived with different roommates. But through his experiences, he didn’t have the furnishings that he wanted. “I

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Getting the Infrastructure Right for Financial Inclusion

Chris Skinner

I was recently asked to write an essay for the Center for Financial Inclusion, as part of a series looking at the ingredients to get this right. They gave me the topic of getting the infrastructure right.


How 60+ Startups Are Disrupting Retail And Commercial Banking Around The World

CB Insights

Traditional banking products, including checking, credit, and savings accounts, are under threat from a new crop of digital-first startups. Many of these startups are launching products without a bank charter and targeting a very specific customer base.

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IBM OpenPages in the Leader’s quadrant of 2018 Gartner Magic Quadrant for Integrated Risk Management

Insights on Business

IBM OpenPages is again in the Leader’s quadrant of the new 2018 Gartner Magic Quadrant for Integrated Risk Management (IRM). This recognition is the latest in a landmark year for IBM OpenPages.

Key Areas Of SMB Finance Show Need For Improvement


Things worth reading: 10th October 2018

Chris Skinner

Infomedia Discuss Push For Standardisation At PSA Forum

Mobile Payments Today

Infomedia attended the Phone-paid Services Authority Autumn Forum with CEO, Michael Tomlins, forming part of the discussion panel focused on improving consumer confidence in the Direct Carrier Billing (DCB) payments industry

Amazon Patents Drone Chute For Quiet Deliveries

CB Insights

Amazon is betting big on drone delivery. Its recently granted patent titled “Aerial Vehicle Delivery Shroud” aims to add expandable features, called delivery shrouds, to UAVs to help facilitate deliveries. Get the PDF: The Amazon Strategy Teardown.

Banco Santander Settles On Ripple For Settlement


Much has been said in recent weeks about Ripple and its digital XRP token, where trading has been nothing but volatile. In just over a week, the price has slipped 20 percent.

Things worth reading: 9th October 2018

Chris Skinner

Things we’re reading today include … Banks face continued IT woes as legacy infrastructure holds them down Goldman Sachs bank Marcus attracts 50,000 savers in less than two weeks with best-buy rate Was There a Connection Between a Russian Bank and the Trump Campaign?


7 Reasons to Cash-in this Holiday Season with FSS Payment Gateway

Mobile Payments Today

FSS Payment Gateway powers online holiday sales for leading acquirers and merchants globally

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Would Your Customers Switch to the Bank of Amazon?

Bank Innovation

It's safe to say most of the financial services world is curious to know if and when a "Bank of Amazon" will become a reality. The question banks are perhaps most anxious about is how will this impact their customer base? Should they be worried about customer attrition?

Koble Reflects On What Trade Disputes Mean For B2B Matchmaking


Understanding who one is doing business with is the first step to mitigating a myriad of risks, including non-compliance, non-payment, violated contracts and more.

The Finanser’s Week: 1st October – 7th October 2018

Chris Skinner

The main blog headlines are … If you think it’s evolution and not revolution, think again Another regular argument I’m having is whether digital is a revolution or evolution. I firmly believe it is revolutionary.

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Understanding Trigger Marketing

CU Direct

Two hundred years ago, Napoleon noted that “war is 90 percent information.” In today’s highly competitive financial services industry, financial institutions must have good data…and know how to use it.

Banks Should Cash In On Cybersecurity

Bank Innovation

Banks have been at the forefront of cybersecurity for years, investing heavily to protect some of their clients’ most valuable and sensitive information.

Uber Eyes Grocery Delivery


Ridesharing company Uber is considering getting back into the grocery delivery game. CEO Dara Khosrowshahi said that due to the company’s success in the delivery of food, which reached $6 billion in bookings earlier this year, it makes sense to take another look at the grocery market.

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Things worth reading: 8th October 2018

Chris Skinner

In the EU Blockchain Resolution we Trust

Daily Fintech

It was my name day on September 20 th – a significant day for a Greek Orthodox – but I was by no means going to miss the “Blockchain: Building Trust in Society” event with Dimitrios Psarrakis , a Greek leading specialist in European regulatory policy.

Will Digital Healthcare Technology Disrupt Independent Physicians

Perficient Financial Servies

Why fear change? Change is good and has developed the world into what it is today. Change partners with adaptation, to promote a new way of doing things. However, is change in the healthcare industry putting independent physicians at risk? With the increased usage of digital healthcare technology, will the independent physician still be able to maintain the walk-in base of customers?

Facebook Faces Billions In Possible GDPR Fines


The impact of Europe’s General Data Protection Regulation ( GDPR ) continues to take shape roughly five months after taking effect, and Facebook could be on the hook for billions of dollars in fines tied to a data breach of about 50 million user accounts.

Things worth reading: 12th October 2018

Chris Skinner

Things we’re reading today include … JPMorgan profit rises 24.5