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

Doing Digital: Presentation, Slides, Video, Transcript [FREE]

Chris Skinner

This, btw, … The post Doing Digital: Presentation, Slides, Video, Transcript [FREE] appeared first on Chris Skinner's blog. I don’t know how you guys are holding up, but I’m finding myself on lots of videoconferences, even delivering a keynote in Tokyo the other day from my home office in Poland. The event was recorded and so I thought I’d share the video and transcript with you.

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Fight Card-Not-Present Fraud In A Card-Not-Present World


In an interview with PYMNTS, Mitch Pangretic, senior vice president of strategic partnerships at Elan , said that in-person card fraud may have decreased thanks to EMV chips and multi-factor authentication, but card-not-present (CNP) scams are increasingly gaining traction. Security & Fraud card not present cnp Digital Payments elan Featured News fraud Fraud Prevention fraudsters News scams Security

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How Music Retailers Keep Card-Not-Present Fraud From Sounding A Sour Note


It also examines how merchants and financial institutions (FIs) are responding and working to enable easy contactless and online purchasing while keeping such card-not-present (CNP) transactions safe. Deep Dive: Keeping Security Present Even When Cards Are N ot.

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The future of banking, money and finance [Presentation]

Chris Skinner

I’ve been presenting a summary of Digital Bank and ValueWeb for a few months now. If you have half an hour free, then you can watch the presentation. It’s been filmed … The post The future of banking, money and finance [Presentation] appeared first on Chris Skinner's blog. Blockchain Digital Bank Fintech Grid History Innovation Mobile Payments Presentations Regulation Technology ValueWeb

EMV 3DS: Closing the Card Present/Card Not Present Auth Rates Gap


Prior to COVID-19, we were telling people that over the next five years, remote-commerce, card-not-present transactions will exceed in-store, card-present transactions,” Mendlowitz said. The Challange With Card-Not-Present Transactions .

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Late Payments Present Challenges For SMBs Amid The Pandemic


Late payments plague vendors and suppliers throughout the world, with small businesses often left holding past-due invoices. This week’s B2B Data Digest highlights the prevalence of late payments globally — in addition to the ways that FinTechs and governments are aiming to tackle this challenge.

eCommerce Fraud Presents A $12 Billion Problem


With the coronavirus putting eCommerce front and center, it has unfortunately been joined by its cousin: online retail fraud. Conservative estimates put online sales at $630 billion this year. At the same time, a new report shows that fraudsters will take more than $12 billion off the table. That doesn’t count alienated customers who are ready to pull the trigger on social media with a bad review.

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GoC Dynamic Model presentation 2020-04-10

The Bankwatch

Government of Canada covid-19 Projections presentation 2020-04-09 (pdf).


US Reps, Senators Present Faster Payments Legislation


To reinforce the Federal Reserve’s authority to create a real-time payments system and mandate that the Fed brings about its own process, two U.S. representatives and two U.S. senators have introduced the Payment Modernization Act of 2019. The legislation was brought forward by Congresswoman Ayanna Pressley (D-MA), Senators Chris Van Hollen (D-MD) and Elizabeth Warren (D-MA), and Congressman Jesús “Chuy” García (D-IL), according to an announcement.

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Person Present: The Future Of Card Not Present Identity Verification


Customers are comfortable being asked to present their government-issued IDs in brick-and-mortar settings. So, if a Romanian guest tried to stay at an American hotel, it wouldn’t have to be up to the receptionist to know how the foreign ID should be laid out and which security features are supposed to be present — there would be a tool on hand to help. Jumio does the same thing online, making it a ‘person-present’ transaction.”. “Who are you?”.

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Why Cross-Border Payments Still Present Challenges


So, why do cross-border payments present so many challenges? According to the latest Smarter Payments Tracker , global payment usage is at an all-time high. Revenues are forecast to hit $2 trillion by 2020, according to McKinsey. Currently, there are 0.7 international transactions per capita every year, up from 0.5 in 2014.

Funerals present a distinct risk for payment fraud

Payments Source

From a fraud prevention perspective, there are several difficulties in detecting and stopping funeral home fraud, says The ai Corporation’s James Crawshaw. Risk Payment fraud Payment processing Money laundering

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The risks mobile payments present to financial services

Mobile Payments Today

It's no secret that the financial services industry is a top target for cybercriminals looking to steal valuable data. This growing risk comes at a time when financial services firms are turning their focus to innovating new technologies and features to meet evolving consumer demands

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EMVCo: 59 Percent of Card Present Transactions Use EMV Chips


percent of card present transactions, measured globally, were EMV chip-enabled, the technical body said Wednesday. That tally comes from card-present contact and contactless transactions that were monitored globally and spanned the period between July 2016 through June of this year. Payment Methods card present transactions EMV EMV chips EMVCo NewsData from secure payments enabler EMVCo shows that 58.9

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Visa pilots card-not-present security app with Michigan State University FCU

Payments Source

The pilot leverages Keyno’s CVVkey technology that uses a dynamic card verification value 2 (CVV2) code to provide a higher level of security against fraud for online and mobile payments.

Visa: EMV Cuts Card-Present Counterfeit Fraud By 80 Pct


Merchants saw a drop in card-present fraud due to the increased adoption of Europay, Mastercard and Visa (EMV) chip cards, Visa said. Consumers can use LINE Pay through their smartphone screen, without having to present a physical credit card. “As Merchants who have upgraded to chip technology saw a decrease of 80 percent in counterfeit fraud dollars in September of 2018 when compared to September of 2015. Also, total counterfeit fraud dollars went down by 48 percent. More than 3.1

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Community Bank Performance for 3Q 2015 [Presentation]

Banker to Banker

In order to give you the most current perspective on our banking industry, we have compiled the latest data and have attached a complete presentation at the bottom of this blog post. The summation of the quarter is this – While large banks did just slightly better for performance, community bankers felt like they were hamsters running in place hard, but not getting anywhere. While new origination was up, total loan growth was up just a little due to run off.

Square: Card Not Present Transactions, Square Card Spend See Gains In Q3


Square posted third-quarter results that showed continued tailwinds in card not present transactions, a continued shift to larger seller contributions to gross payment volumes (GPV) and increasing embrace of Cash App. Square Card And Card Not Present . Card not present GPV was up 24 percent year over year; card present GPV was down 5 percent year over year. Seller GPV from card-not-present transactions was up 23 percent year over year in October.

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Cottagecore, Wine Windows And Turning To The Past For Present Comfort


The bread of social media, like the people who were posting photos of it, always looked its best when presented to the world. She sees it as a search for stability uniquely suited for the present historical moment. It started with the bread baking.

Visa: Road Tripping Into Connected Commerce’s Future Present


It wasn’t long ago that the measure of a car or truck revolved around such things as the punch and pull of the engine, the smoothness of the transmission, perhaps even the thump of the stereo system. Those days are not exactly gone (those types of drivers still exist, and probably always will), but the standards have certainly changed, and will continue to do so.

Emerging risks present opportunities for insurtechs


Insurtechs are well suited to address emerging risks ignored by traditional insurers, some market participants suggest. According to Sabine VanderLinden, chief executive and managing director at Alchemy, an insurance venture validation firm, disputes over coronavirus business interruption (BI

Regions’ Duggirala to present at Banking Automation Summit


The live presentation will take place 2:45 EST on Monday, Nov. Regions Bank’s enterprise chief operations and technology officer, Amala Duggirala, will take the virtual stage at the Banking Automation Summit to discuss best practices for automation project implementation.

FinTech Credit: Not So Clear And Present Danger?


As the payments landscape evolves and becomes ever more digital in scope, and as FinTech firms make inroads into traditional financial services, regulators are looking at FinTech credit — and how it might be defined and shaped. There seem to be no easy answers on just how to regulate the space. The Financial Stability Board (FSB) has released a report, stating that “descriptions of FinTech credit business models vary significantly across jurisdictions.”

Lawmaker: California's AB 3262 Will Not Proceed In Its 'Present Form'


California Assemblymember Mark Stone said, per a statement cited by CNBC, that “AB 3262 will not advance in its present form by the legislative deadline,” even with “promising ideas and potential paths for moving forward.”.

Anthony Glover of HSBC to present at BI Build


head of retail banking, will speak at Bank Innovation Build, which will be presented in a fully digital format Sept. Glover will give a presentation on iterating and experimenting at maximum efficiency. Anthony Glover, HSBC’s executive vice president and U.S.

Community Bank Performance for 2Q 2015 [Presentation]

Banker to Banker

Here is our quarterly report on banking industry trends and insights ( HERE ). In a nutshell, banking improved by most measures as the average bank became more profitable. In a somewhat rare occurrence, lending got safer, yet loan pricing on new production improved. For the industry, the average return on equity (ROE) increased from 8.1% to 9.2

Community Bank Performance for 1Q 2015 [Presentation]

Banker to Banker

In order to give you the most current perspective on our banking industry, we have compiled the latest data and have attached a complete presentation at the bottom of this blog post. The summation of the quarter while small and large banks improved slightly, the mid-level asset sized banks produced either flat or lower return on equity (ROE) ratios. Below are some of the highlights of the quarter.

Increased Diversity Present Among SMB Investment Teams


A recent research study revealed that the investment teams of small business investment companies (SBICs) show greater gender diversity compared to the broader private equity investment community. The study was conducted by Pepperdine University Graziadio School of Business and Management associate dean John K. Paglia, PhD, MBA, in concert with David T. Robinson, professor of finance, Duke University Fuqua School of Business, on behalf of the Federal Research Division of the Library of Congress.

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The Past, Present & Future of Bitcoin Mining

Daily Fintech

The Present of Bitcoin Mining. This is Part 1/chapter 8 in The Blockchain Economy serialised book. For the index please go here. In this post/chapter we return to the infrastructure portion of the book. 101: “Bitcoin Mining” is the process of solving a cryptographic puzzle using a computer in order to verify a Bitcoin transaction and in so doing to earn some Bitcoin. This is called Proof Of Work. Think of it like a decentralised, permissionless credit card network.

P2P Payments, Card-Not-Present Drive 2019 Growth in Debit Transactions

ABA Community Banking

Even before consumers’ acceleration to online shopping due to the pandemic, card-not-present debit transactions rose 21% year-on-year in 2019, according to Pulse’s debit issuer survey released today.

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Digital Wallet Flips The Script On Payments Friction


A year ago, as 2019 was turning over into 2020, the distinction between card-present transactions and card-not present transactions was highly relevant in the world of commerce.

Payment Rails Present Many Paths To B2B Payments Optimization


In the journey to improving B2B payment processes, it’s unlikely that any single solution will be the silver bullet to combating friction. Rather, a mix of strategies can be key to nudging buyers and suppliers in the right direction. In this week’s examination of payment rail innovation, PYMNTS explores the latest efforts to tackle B2B payments pain points.

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Germany’s Central Bank Says Tech Presents Hurdles, Opportunities


Bundesbank, Germany’s central bank, said increased use of financial technology in the country could present regulators with their biggest hurdle since the financial crisis, according to a report by Bloomberg. “We We are seeing completely new business models like platforms and crowdfunding ,” said Joachim Wuermeling, a board member at Germany’s central bank.

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FinTech or TechFin (speech transcript)

Chris Skinner

Digital Bank Fintech Future Grid Opinion PresentationsI recently gave a speech where the title was FinTech or TechFin? Everyone had been give a copy of my book Digital Human, and the speech was transcribed. Here it is: FinTech or TechFin? Thank you for inviting me to join you here. It is a great honour. I’m a technologist … The post FinTech or TechFin (speech transcript) appeared first on Chris Skinner's blog.