Sat.Dec 08, 2018 - Fri.Dec 14, 2018

Amex Touts Success In Ripple Cross-Border Payments Pilot

PYMNTS

In a renewed show of support for blockchain technology , American Express General Manager of Corporate Payments Carlos Carriedo has suggested that its pilot tests with partner Ripple to enable real-time cross-border corporate payments have been a success.

Compliance will kill the bank

Chris Skinner

I was talking with a banker at a recent conference, and was surprised by his attitude.

Artificial Intelligence is a game-changer, but are you AI-ready?

Insights on Business

Putting modern payment technologies to the test

Mobile Payments Today

Automated testing is an increasingly important consideration as payment providers, retailers and other companies expand the number of options that consumers and merchants can use

How 5G Will Shake Up Banking and FinTech?

PYMNTS

Financial institutions are in the midst of becoming more mobile, with many of those legacy operations opting to — or at least considering — working more closely with FinTech providers to upgrade services, retain customers and acquire new ones.

Are you pulling my blockchain?

Chris Skinner

I just gave a presentation on blockchain. I haven’t been asked to make a specific presentation on blockchain for over a year, so it meant dusting off some rusty notes and slides and thinking about where we are today.

Innovating in the open: How the changing GRC landscape inspired IBM GRC’s latest releases in 2018

Insights on Business

This past year brought governance, risk and compliance (GRC) to the center stage. Organizations in financial services and other sectors witnessed an increase in “airtime” given to risk and compliance issues at the board level.

More Trending

Amazon Dumps Instacart For Whole Foods Deliveries — What’s Next?

PYMNTS

Instacart will have to conquer the grocery-delivery business without the help of Amazon. That’s one take on the news Thursday (Dec. 13) that Instacart has begun the process of winding down deliveries to customers of Amazon-owned Whole Foods.

When does digitalisation stop?

Chris Skinner

Another day and another discussion about digital transformation with a group of bankers. As the conversation progressed, several of the attendees touched on a subject in different ways but the core of what they were asking was this: when will we know we’ve done digital?

Groups 263

Bank of America Redesigns App for iPad

Bank Innovation

Bank of America has redesigned its mobile app for the iPad. The new tablet design now mirrors the look and functionality of the BofA iPhone mobile banking app.

The Future of Fintech Video Series: Paysafe

Mobile Payments Today

This interview is part of a video series, “The Future of Fintech,” produced by Mobile Payments Today and powered by Galileo Processing

Video 141

Report: 91 Pct Of Retailers Aren’t PCI Compliant

PYMNTS

With retailers struggling to get compliant with the Payment Card Industry Data Security Standard , qualified security assessors are going to be in more demand and can offer tokenization as one way of achieving compliance.

Retail 270

Open Banking: Strategy and Presentation

Chris Skinner

I haven’t given away my slides and presentation for a while, as it’s part of my unique armoury, but I’m bored with my latest slide deck so here it is. ? Open Banking Strategy and Business Model from Chris Skinner And just in case it doesn’t make sense, here’s a … The post Open Banking: Strategy and Presentation appeared first on Chris Skinner's blog. Chris Skinner Digital Bank Fintech Grid Presentations Technology

Disruption Is a Fact But Transformation Is a Choice, Wells Fargo Innovation Head Says

Bank Innovation

Innovation is not itself an outcome at Wells Fargo & Company, according to the bank’s head of innovation, Lisa Frazier. But that doesn’t mean it’s not happening.

The Future of Fintech Video Series: Greenlight

Mobile Payments Today

This interview is part of a video series, “The Future of Fintech,” produced by Mobile Payments Today and powered by Galileo Processing

Video 134

State Farm Tests Blockchain Insurance Claim Platform

PYMNTS

State Farm announced that it is testing out blockchain technology to streamline the subrogation process for auto claims. Subrogation is the last part of the claims process, where an insurance company recovers costs it paid to its customer for damages from the at-fault party.

Things worth reading: 12th December 2018

Chris Skinner

Things we’re reading today include … Need a bank to send money abroad?

Online 170

Temenos Expands U.S. Footprint with $245 Million Acquisition of Avoka

Bank Innovation

Banking software provider Temenos announced Wednesday it will acquire Avoka, a Colorado-based firm focused on digital customer acquisition and onboarding, for $245 million.

EasyPark & Fortumo case study: carrier billing for mobile parking

Mobile Payments Today

This case study looks at how Europe’s leading provider of digital parking services EasyPark implemented Fortumo’s carrier billing platform to collect payments from drivers

SWIFT CEO To Step Down In June

PYMNTS

SWIFT announced Wednesday (Dec. 12) that the company’s Chief Executive Officer Gottfried Leibbrandt has informed the board that he plans to leave the company at the end of June.

As we raise one, raise all

Chris Skinner

I just got back from Russia recently where I was interviewed by one of their leading journals. The journalist had read Digital Human, and took a very Russian take on it.

How Does Ally Handle Trolls on Its Social Media Posts?

Bank Innovation

Ally Financial Inc. has a specific strategy for dealing with inappropriate comments on its social media channels -- do nothing. This may seem unusual for a financial institution that must maintain a high standard of trust and not have its image sullied by associations with unsavory viewpoints.

Zero UI: What It Is and Why It Matters to Your Credit Union.

Credit Union Geek

Originally published on CUInsight.com I want you to share a piece of information. Anything. There’s only one catch: You have to do it using only your voice. Pretty easy, right? Thank millions of years of evolution (and a unique amino acid order in a specific gene) for its silent help.

UX 130

Card Payment Use Rises Globally

PYMNTS

The number of merchants accepting card payments around the world grew by 13 percent in 2017, to 69.2 million, according to a report.

Cards 262

Things worth reading: 10th December 2018

Chris Skinner

Movers and Shakers: Notable December Hires in Financial Services

Bank Innovation

Tis the season for new hires in banking and fintech.

Pressure Mounts on Retail Store Networks | IoT | CRM | Digital Marketing | Smart Payments | Technology | FinTech

Mobile Payments Today

Retailers globally are facing overwhelming pressures from multiple sources. Download our new infographic for an overview of the latest challenges and how retailers can use payments technology to ease this burden with more than just payments functionality

Freelancer Payments Turn Traditional Payroll On Its Head

PYMNTS

The freelance and gig work economy continues to grow, creating wide-open opportunities for FinTechs and service providers addressing a range of new pain points for both the talent and the employer.

The Finanser’s Week: 3rd December – 9th December

Chris Skinner

The main blog headlines are … Is the internet of things our biggest future threat? We talk a lot about cybersecurity, fraud and risk, but are we too complacent about it?

Maine 151

Bank of America Updates Billpay Feature on Mobile App

Bank Innovation

Bank of America today announced new features to the billpay functionality of its mobile app, including allowing users to search payment history from up to two years ago.

How Big Tech Is Tackling Auto & Mobility

CB Insights

Monumental shifts are taking place in the automotive sector. Autonomy, connectivity, electrification, and sharing (ACES) require a set of capabilities that traditional auto has never encountered before. Download the whole 67-page report on what’s disrupting the auto industry.

Mobile 111

TransferGo Receives $17.6M In Series B Funding

PYMNTS

TransferGo , an up-and-coming international money transfer company, has raised more than $17.6 million in a Series B funding round, according to a report. The London-based company, which was founded in 2012, is available in 47 countries and has offices in Warsaw, London, Berlin, Istanbul and Vilnius.

Things worth reading: 14th December 2018

Chris Skinner

Major Moves from Plaid, Remitly and Good Money Just This Week

Bank Innovation

It's been a busy week in the fintech space and it's only Tuesday. On the heels of such announcements as South Korean fintech Toss achieving unicorn status and Cross River Bank raising another $100 million (technically last week, but still fresh in mind) come three more big moves.

Plaid Among Fintechs You’ve Never Heard Of But Changing Banking

Credit Union Geek

No, I’m not talking about the clothing pattern. Plaid is a Fintech startup which just announced a Series C funding round of $250 million. That gives them a valuation of $2.65B. Yes, billion. Chances are, 25% of your credit union members are using their service without even knowing. And Plaid isn’t alone, either in ubiquity or […]. The post Plaid Among Fintechs You’ve Never Heard Of But Changing Banking appeared first on Credit Union Geek.

BBVA, Porsche Complete $170 Million Loan With Blockchain

PYMNTS

One of the largest banks in Spain, Banco Bilbao Vizcaya Argentaria (BBVA), has completed a $170 million (€150 million) loan with Porsche Holding using blockchain technology, according to a report.

Things worth reading: 11th December 2018

Chris Skinner