Sat.Mar 30, 2019 - Fri.Apr 05, 2019

Alipay and Visa announce global QR code venture

Chris Skinner

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.

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MoviePass reboot faces new challengers to prove subscription model can profit

Mobile Payments Today

As MoviePass relaunches its controversial unlimited subscription plan for film buffs, the industry is expecting more disruption as rival services emerge

Temenos to Offer Up to 15 New AI Algorithms Before Yearend

Bank Innovation

AMSTERDAM -- The algorithms are starting to add up at Temenos. The Geneva, Switzerland-based banking technology company will add up to 15 algorithms for artificial intelligence before yearend. This goes with the 20 or so AI algorithms the company already has available for its clients.

Succeeding in the future of payments

Insights on Business

Embracing the future in the age of instant gratification. The payments industry is at an inflection point. Customers increasingly demand new payment options like real-time payments and P2P payments, underpinned by security and trust.

Time for a global FinTech platform?

Chris Skinner

I find it interesting when I read perspectives on FinTech, money and banking. Going digital, getting rid of branches, becoming cashless seem to be the main themes, and yet this ignores that every part of the world is different.

Removing the drag from tableside payment growth in the US

Mobile Payments Today

Tableside payment in the restaurant industry has been a growing trend, yet there still remain obstacles to wider acceptance by consumers

US 243

How Card-On-File Is Changing Online Consumer Shopping


When it comes to online shopping, one of the greatest frustrations for consumers — and friction points for merchants — is having to manually enter credit or debit card information for each purchase. It’s no wonder that 78.9

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More Trending

Who owns the data? Who’s in control?

Chris Skinner

I find life interesting. Themes recur over and over and over again. Will big banks survive? When will we, will we be cashless? Oh when, will we, will be branchless? Can we really replace the City with a trading network of algorithms? And more.

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Attracting Chinese consumers through the mobile payments space

Mobile Payments Today

Millions of Chinese consumers are using mobile payments as their favored method shopping and funds transfer and retailers should leverage that opportunity

Mobile 194

Want To Play A Part In Cannabis Payments? Start Your Homework Now


Blunt question for PYMNTS readers (pun intended): Have you been inside a pot shop lately? One of the legal operations that are springing up in the states that have approved the above-board sale of marijuana products?

Rebeca Romero Rainey: Let’s continue to push the boundaries

Independent Banker

. “Stepping into the unknown can help us accomplish great things.”. It was wonderful to see so many of you at ICBA LIVE a few weeks ago in Nashville, Tenn. It’s always great to be with fellow community bankers, and now, as ICBA president and CEO, our members!

Time for a global regulator

Chris Skinner

I was in conversation with a banker the other day and we got around to regulations and regulators, as many conversations with banks tend to do. There were some interesting reflections in that dialogue, however.

Mastercard’s Tokenization, and Consumer Choice, Made Digital-First Apple Card Possible

Bank Innovation

Mastercard’s tokenization technology made the digital-first Apple Card possible, but purely from a technological standpoint, Jorn Lambert, EVP, Digital Solutions at Mastercard, told Bank Innovation. It was the evolution of consumers' and merchants' preferences in how they make and receive payments that made the card a reality. Apple last month unveiled its plans to launch […]. Commerce Exclusive Experience & Design?

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Bento For Business Taps Visa For Small Business Cash Flow


Small and medium-sized business spend management firm Bento for Business is teaming up with Visa to enhance cash flow management for SMB customers.

Why Aren’t Fintech Companies Going Public?

CB Insights

At the beginning of 2018, there were 25 VC-backed fintech unicorns around the world, worth a cumulative total of almost $76B. With all of that hype, many speculated that these highly-valued startups might take advantage of their momentum and go public.

Things worth reading: 5th April 2019

Chris Skinner

BTG’s CEO Presses Digital Strategy in Midsize Banking Push

Bank Innovation

Roberto Sallouti feels like he just went through college all over again. The 47-year-old chief executive officer of Banco BTG Pactual SA, a fixed-income trading veteran, said he spent the past four years digging into subjects such as cloud computing, performance marketing and data-analytics metrics.

Luxury Brands Work With Chinese eCommerce Sites, Shun Amazon


Luxury brands are selling more and more on Chinese eCommerce sites like and Alibaba, while still keeping their distance from Amazon, according to a report in The Wall Street Journal.

Infographic: Microsoft’s Biggest Acquisitions

CB Insights

In July 1987, Microsoft acquired Forethought for $14M in cash. Forethought’s key product, PowerPoint, was subsequently bundled into Microsoft Office, allowing Microsoft and PowerPoint to dominate the presentation software market.

Things worth reading: 4th April 2019

Chris Skinner

What Dimon’s Shareholder Letter Reveals About JPMorgan’s AI Approach

Bank Innovation

Jamie Dimon’s annual letter to shareholders, published this week, would indicate that if the JPMorgan Chase CEO wasn't a believer in the potential for artificial intelligence and machine learning to improve banking, he is now.

How FinTechs Start With The End In Mind For Payments


FinTech firms are creating offerings to make it easier for retailers to handle their payments on the back end. Modo , for example, designed its new /Checkout product with “the end in mind,” Brian Billingsley, the company’s chief revenue officer, told PYMNTS in an interview.

How Much Do Banks Spend On Technology? (Hint: It Would Weigh 670 Tons In $100 Bills)

Ron Shevelin

Don't believe unsubstantiated claims from Chase that it's spending half of its IT budget on disruptive technology

UPDATE: The Blockchain Hype is Dead!

Chris Skinner

For those fooled by yesterday’s spoof news about Alipay and Visa, did you notice it was April 1? If not, you should have clicked the link in the blog. Talking about spoof news, I think my blog Blockchain is dead upset a few blockchain enthusiasts.

Bento for Business and Visa Team Up on Cash Flow for SMBs

Bank Innovation

B2B payment solutions firm Bento for Business today announced it has added Visa Business debit cards to its modular financial operating platform, enabling small- and mid-size businesses to better manage and optimize their cash flows.

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Will The Consumer’s Next Bank Be Amazon, PayPal Or Walmart?


FinTech firms may not be the only ones that traditional financial institutions (FIs) need to keep an eye on. About six in 10 consumers have said they would be open to banking with non-FIs if they could — especially with big-name brands like Amazon , PayPal and Walmart.

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FSS Payment Gateway Transaction Trends – 2018

Mobile Payments Today

FSS Payment Gateway processed USD18.8B in transaction value in 2018, an approximate 58% of India's e-commerce traffic

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Things worth reading: April 1st 2019

Chris Skinner


BI Ignite 2019: Tackling Payments Innovation and Rebuilding Trust [Video]

Bank Innovation

Ignite Ideas talks at the Bank Innovation Ignite 2019 conference in Seattle last month tackled issues of financial inclusion, designing products that enhance the customer experience, revamping payments, and rebuilding trust in banking.

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How Gig Work In The US Became A Career


With U.S. gig workers accounting for more than $1.4 trillion in income by the end of 2018, it’s safe to say the gig economy is becoming a mainstream part of the global economy.

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On Collusion

Vitalik Buterin

Special thanks to Glen Weyl, Phil Daian and Jinglan Wang for review. Over the last few years there has been an increasing interest in using deliberately engineered economic incentives and mechanism design to align behavior of participants in various contexts.

Things worth reading: 2nd April 2019

Chris Skinner

Things we’re reading today include … How Much Do Banks Spend On Technology?

Capital One Treasury Head: AI and ML Driving Customer Experience Improvements

Bank Innovation

Phil Beck, Head of Treasury Management at Capital One, is almost a year into his job at the McLean, Virginia-based bank, where his focus has been getting commercial banking up to speed with the digital economy.

Virtual Reality: 5G Retailers’ Secret Sauce?


Out of the haze of uncertainty emerged a new mobile network, and from the new mobile network came new retail applications and experiences, all taking advantage of the faster speed of the technology, and the potential to reduce friction.

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4 Ways to Get a Successful Start in Artificial Intelligence

Perficient Financial Servies

Artificial intelligence (AI) is a hot topic. It’s everywhere, permeating culture well beyond the expected business settings. As a result, the increased visibility has created a general perception that AI is widely deployed and adopted today. But it’s actually not. Only four percent of CIOs have recently invested in or deployed artificial intelligence according to a 2018 Gartner survey. However, 46 percent have short-term to medium-term plans for implementing AI.

The Finanser’s Week: 25th March – 31st March 2019

Chris Skinner

The main blog headlines are … Blockchain is dead I used to blog about blockchain and distributed ledger technology (DLT) almost once a week … four years ago. Today, I hardly blog about it at all.

BI’s Top 3 Stories in March: Bank-Fintech Partnerships, Real Estate Tech, More…

Bank Innovation

With more bank-fintech partnerships, the acceptance of technological change within the C-suite, and an increasing number of entry points connecting banks to new businesses, it's no surprise that these topics resonated with readers in March.