Sat.Dec 22, 2018 - Fri.Dec 28, 2018

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The Future of Fintech Video Series: Intuit Consumer Group

Payments Dive

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

Video 281
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5 Notable Fintech M&A Deals in 2018

Bank Innovation

This year the financial services industry saw a lot of fintech M&A activity. Here are five deals, in no particular order, that Bank Innovation's editors think will most significantly impact the landscape in 2019. PayPal Acquires iZettle Payments giant PayPal inked its largest deal ever this summer, acquiring Swedish company iZettle for $2.2 billion. iZettle is […].

Fintech 218
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Russian Central Bank Ends FX Competition

PYMNTS

The Central Bank of the Russian Federation (CBR) announced that it has revoked the licenses of five Russian foreign exchange (FX) trading companies. According to a statement on the bank’s website, the decision was made due to “the repeated violations of the requirements of the Russian legislation on securities within one year.”. The five companies — Forex Club, Alpari Forex, Trust Forex, InstaForex and TeleTrade — will see their licenses expire on Jan. 27, and must stop all operat

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The Finanser’s Week: 17th December – 23rd December 2018

Chris Skinner

The main blog headlines are … The top blog posts of 2018 Just looking through the stats for the last year and it gives you an insight into what’s hot and what’s not. So here are the ten most popular blog posts of 2018: In at Number 10 is: Who … The post The Finanser’s Week: 17th December – 23rd December 2018 appeared first on Chris Skinner's blog.

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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Top 10 most read mobile payments news stories of 2018

Payments Dive

The year 2018 will be remembered as a transformational year in the evolution of mobile payments. It's time to take a look back at the top news items of 2018. (This is part 1 of a series looking at the top stories of 2018. Part 2 will look at articles).

Mobile 236

More Trending

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Google Gets EU eMoney License

PYMNTS

Google Payment Lithuania, a unit of Alphabet’s Google, was granted an electronic money institution license by The Board of the Bank of Lithuania. Finextra , citing Google, reported that with the license Google can issue and redeem electronic money and provide payment services. “The end of this year reflects our efforts and experience of the past few years in actively developing a FinTech-conducive ecosystem in Lithuania.

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Busy year ahead expected for insurtech

Bobsguide

2019 is set to be a year defined by collaboration in the insurance sector. In an October Capgemini survey, 96% of respondents said they were looking to collaborate with insurtech firms in some way. 77% said that “partnering to develop a new solution” was their preferred approach. When.

Survey 157
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Top 10 mobile payments news

Payments Dive

The year 2018 will be remembered as a transformational year in the evolution of mobile payments. It's time to take a look back at the top news items of 2018. (This is part 1 of a series looking at the top stories of 2018. Part 2 will look at articles).

Mobile 225
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Card Use Grows Fast as Check Payments, ATM Withdrawals Continue Decline

Bank Innovation

The Federal Reserve’s triennial report on payments released last week shows accelerated electronic payments growth, as well as signs that fewer people are paying by check or withdrawing cash from ATMs. Card payments increased 10.1% by number and 8.4% by value from 2016 to 2017. For comparison, these payments had increased 7.8% by number and […].

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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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Uber Seeks Driver Lawsuit Settlement Before IPO

PYMNTS

Uber, gearing up to launch an initial public offering (IPO) in the first quarter of 2019, is offering to settle with drivers who have been fighting the ride-hailing company via individual arbitration. According to a report in TechCrunch , citing law firm Lichten & Liss-Riordan, Uber has as part of the settlement tentatively offered to pay 11 cents for each mile Uber drivers drove.

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7 key payment trends to watch in 2019

Payments Source

Nearly all new payments technologies strive to become as ubiquitous — and as secure — as possible. It's a goal that is harder than ever to achieve.

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The Future of Fintech Video Series: Steady

Payments Dive

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

Video 255
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Fintech Unfiltered: The Financial Data Exchange to Create Standards for APIs and Data-Sharing

Bank Innovation

Sharing data while keeping it safe is a major issue for financial service companies. In October, the Financial Services Information Sharing and Analysis Center, an industry group that analyzes and shares cyber and physical threat intelligence, took on the challenge of finding a secure way to transfer information. FS-ISAC set up a unit called the […].

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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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Blockchain Tech Disrupts The Corporate Payments Status Quo

PYMNTS

Blockchain seemed to be stuck in pilot phase in 2017, but in 2018, the financial services industry finally saw a stronger flow of real-world, working blockchain applications — many of which targeted pain points in B2B payments, including the time and lack of transparency in cross-border transactions. Industry heavyweights like Mastercard and American Express have taken steps in recent months to explore the use of blockchain in commercial payments.

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7 (realistic) predictions about fintech in 2019

Payments Source

Even the best technologies take time, making it necessary to rein in expectations about what will happen and won't happen in the coming year.

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The Future of Fintech Video Series: Bank Novo

Payments Dive

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

Video 240
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How Wells Fargo Gateway Opens the Bank to the Outside World

Bank Innovation

Imran Haider, head of Wells Fargo Gateway and its APIs, says the bank is positioned to be a leader in developing the behind-the-scenes software that will provide the product customization and flexibility customers will come to expect. Established by Wells Fargo in 2016, Gateway is an enterprise API channel encompassing all the bank’s business lines. […].

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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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2018 Recap: The Year In Grocery Innovations

PYMNTS

Shoppers had new opportunities to buy groceries without having to walk through the aisles of their local supermarkets or wait in line at checkout counters this year, as grocers rolled out digital innovations in shopping and payments. This year, retailers from Kroger to Whole Foods Market brought new offerings ranging from cashierless checkout to personal shopping services to their stores.

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As breaches mount, data compliance is still off the mark

Payments Source

Despite what we assume are dedicated efforts to protect customer’s personal information, hackers are finding the loopholes in businesses’ process and technology data protection life cycle. It happened with Target in 2013, the Home Depot in 2014, and many others since, writes Todd Feinman, co-founder and chief product officer of Spirion.

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The Future of Fintech Video Series: Echo

Payments Dive

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

Video 210
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5 People to Watch in 2019

Bank Innovation

Bank Innovation's list of people to watch in 2019 include the head of a large bank, the head of a community bank, a regulator, an investor with money to burn and the head of one of the biggest fintechs in the industry. The people on the list were chosen by BI's editors and are listed in […].

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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.

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2019 To See Increase In Nation-State Cyberattacks, Ransomware

PYMNTS

Will the New Year bring an increase in cyberattacks? According to one security expert, the answer is, unfortunately, yes. According to Robert Ackerman, Jr., founder and managing director of cybersecurity venture firm AllegisCyber , and co-founder of DataTribe , a cybersecurity startup in Washington, D.C., companies should expect to see a rise in breaches in 2019, “as chronically improving malware will be deployed more aggressively on more fronts.” Those cyberattacks cost companies i

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Augmented reality’s transforming gaming and retail, for starters

Payments Source

Even if used to decorate your home with ideas before you purchase anything, the technology will completely change your perspective on reality-altering technology, writes Michael Volkmann, an entrepreneur who focuses on business operations and finance.

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2019: market turmoil to drive fintech demand

Bobsguide

If a number of economic indicators are to no longer be ignored, financial markets are not far off a sharp correction, followed by a deep and lasting depression. Alarmingly, economists are pointing to a variety of factors – from US corporate bonds to household wealth – that could drag.

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Even Financial Scaling Up to Power API-Based Customer Acquisition

Bank Innovation

By the time the API-powered recommendation platform company Even Financial announced this month that JPMorgan Chase executive Nadine Murray joined the team as senior vice president of strategy, it merely capped off a year of big moves for the New York City-based fintech. Even provides the infrastructure for financial institutions to connect its consumers with personalized digital products.

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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.