Technology is business

Chris Skinner

Another interesting nuance of the FinTech Bank is the integration of business and technology. I’ve referenced this a few times, but wanted to be explicit that these banks think technology is business and business is technology.

The diversity of financial technologies

Chris Skinner

I do adjust the … The post The diversity of financial technologies appeared first on Chris Skinner's blog. I was listening to questions at a meeting this week where one of the audience asked if I needed to adjust what I say on my travels, to suit the culture of different countries.

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2020: a decade in technology

Chris Skinner

Here are his top 10 things … The post 2020: a decade in technology appeared first on Chris Skinner's blog. As a regular BA traveller, I’m always pleased to pick up their magazine Business Life as it often has some interesting articles.

AI is not a technology change but a cultural one

Chris Skinner

If you are a customer of Chinese financial services group Ping An, … The post AI is not a technology change but a cultural one appeared first on Chris Skinner's blog. Digital Bank Grid Opinion Technology

Are you in banking or technology?

Chris Skinner

That realisation is a simple but important one, and it is this: dealing with technology is very different to dealing with money; furthermore, dealing with money through technology is very different to dealing with technology through … The post Are you in banking or technology?

Banks need to be technology giants

Chris Skinner

It started as a ledger system a thousand years ago so that pilgrims could travel to the Holy Land under the … The post Banks need to be technology giants appeared first on Chris Skinner's blog. I got into one very interesting discussion with a digital banker.

Wachter helps retailers integrate customer engagement technology

Mobile Payments Today

Matt Tyler, director of IoT, Wachter, discusses how the network technology integrator identifies the turnkey solution that works to address the challenges retailers face in attracting new customers

Technology is business

Chris Skinner

Another interesting nuance of the FinTech Bank is the integration of business and technology. I’ve referenced this a few times, but wanted to be explicit that these banks think technology is business and business is technology.

Throwing technology over the wall

Chris Skinner

The … The post Throwing technology over the wall appeared first on Chris Skinner's blog. Digital Bank Fintech Future Grid Innovation Opinion Technology

Is the world being democratised through technology?

Chris Skinner

Some countries are still reliant on cash whilst others are … The post Is the world being democratised through technology? Someone told me I should start a travel blog, as I fly more than most pigeons do. But I’m not sure my travel blog would be read so much.

Some banks are technology companies

Chris Skinner

I know that systems like Erica, short for Bank of AmErica, are up and running … The post Some banks are technology companies appeared first on Chris Skinner's blog. Case Studies Digital Bank Grid Innovation Numbers Opinion TechnologyI was having a chat about Artificial Intelligence (AI) in banking the other day. It was an interesting conversation, although most of the examples were for customer service via Chatbots, which doesn’t impress me much.

Fintech foundations lie with both financial and technology people

Chris Skinner

Well, … The post Fintech foundations lie with both financial and technology people appeared first on Chris Skinner's blog. I was talking to a Securitisation conference the other day. Securitisation? What’s that?

SMB Growth Stumbles Over Technology

PYMNTS

Technology can “level the playing field” for small businesses to compete, Priest added, though another recent survey revealed that SMBs often struggle to use technology to its full advantage.

How the world has changed with technology

Chris Skinner

As he made the introduction, he gave a personal account of how technology had changed the world during his lifetime. So, … The post How the world has changed with technology appeared first on Chris Skinner's blog.

Solving state corruption with technology

Chris Skinner

This is a blog about technology and finance, not the economy and politics. This idea is cropping up more and more … The post Solving state corruption with technology appeared first on Chris Skinner's blog.

The 5 Hottest Technologies In Banking For 2020

Ron Shevelin

The truly “hot” technologies in banking are the ones that financial institutions invest in—which are not always the ones that the pundits are talking about

Banking on technology to power up trade finance

Accenture

Indeed, technological innovation, shifts in corporate behavior, regulatory changes and increasing market competition are fundamentally changing the trade finance market. The post Banking on technology to power up trade finance appeared first on Accenture Banking Blog.

Amazon Introduces ‘Just Walk Out’ Technology To Merchants

PYMNTS

Amazon is introducing its “Go” concept to other merchants interested in its “Just Walk Out” technology, Reuters reported on Monday (March 9). Amazon Go’s cashierless technology could grow into a $50 billion business, U.S.

US Banks Expected To Lose 200K Jobs To Technology

PYMNTS

Mayo said, according to the outlet, “It’s been a rocky 25-year marriage for banking and technology, but it’s finally getting on course.”. Wells Fargo’s team of analysts in financial services and technology examined technology’s impact throughout the banking industry in the U.S.

Banking is what we do and technology is how we do it

Chris Skinner

A decade ago, we talked about the financial crisis, technology, regulations and compliance.

The 5 Hottest Technologies In Banking

Ron Shevelin

The hottest technologies in banking are not emerging technologies like machine learning, chatbots, and blockchain

Banks are not technology companies (yet)

Chris Skinner

I’ve been illustrating my frustration with incumbent banks for some time, saying that they lack technology leadership. Almost a third of my new book talks about the biggest challenge for banks to respond to Fintech, Big Data, Cloud, Blockchain and all those other issues is to have leadership.

Can Technology Save Bank Branches?

Bank Innovation

PREMIUM - When was the last time you went to your bank branch to deposit money? Still thinking? That's because most of the daily banking activity has shifted from branches to the smartphone. But that's not to say people don’t use bank branches at all.

The High Stakes Of Supply Chain Technology

PYMNTS

Supply chain management has morphed into a strategic business initiative combining technological adoption, event forecasting and even politics: awareness of its complexities has never been higher thanks to threats of a trade war between the U.S. Technology to the Rescue — Maybe.

Powering Innovation With Wedding, Transportation Technology

PYMNTS

And in transportation, Lyft is innovating on its technology stack as the firm rolls out features like the Lyft matching platform. Today In Data bridal Commerce Innovation Lyft News payments Retail Ridesharing Technology Today in Data weddings

Technology is improving the world, not destroying it

Chris Skinner

For all the negative views of technology, the positive is that it is enabling and inclusive. The main critique of my book is that it is too optimistic about the future of technology, and should be more balanced. Future Grid Mobile Numbers Opinion Technology

Leafbuyer Technologies Buys Greenlight Technologies To Expand Its Cannabis Markets

PYMNTS

Leafbuyer Technologies, the cannabis technology company, announced Thursday (November 8) it has acquired Greenlight Technologies, a California-based application development company.

UK Insurance Firms Slash Technology Coverage

PYMNTS

Sarah Stephens, cyber, media and technology practice leader at insurance broker Marsh TLC, said insurers are “choosing to exclude anything connected with technology,” and said clients were concerned.

How Technology And Market Trends Spawn Innovation

PYMNTS

In restaurant technology, cloud kitchens have emerged as a new model driven by the rise of online ordering. Today In Data AML athleisure Commerce Digital Banking DTC fraud protection Innovation News online ordering payments Restaurants Retail Technology Today in Data

Trends 180

Movencorp patents its personal finance technology

Bank Innovation

The road to differentiation among fintech startups entered a new phase this week: patenting technology to put a brand’s stamp on it forever. On Tuesday, personal finance technology startup Movencorp confirmed that it patented its digital financial wellness product.

The Challenges Of Self-Checkout, IoT Technology

PYMNTS

There’s not much argument against self-checkout systems as a means of improving the customer experience, but at least a temporary blowback to the technology has begun.

We’re just a technology company that happens to have a banking licence

Chris Skinner

However, there is a massive difference between … The post We’re just a technology company that happens to have a banking licence appeared first on Chris Skinner's blog. I hear this a lot, and don’t like it. Many banks say it these days, and they say it to be cool.

Bank of America gained 418 technology patents in 2019

Bank Innovation

“Patents are not always about excluding others from using [the technology]; oftentimes, patents are […]. Bank of America obtained more patents last year than any other year in the history of the company. In 2019, company obtained 418 patents, a 31% increase over the prior year.

The next ten years of technology from Gartner and Skinner

Chris Skinner

Gartner has found that … The post The next ten years of technology from Gartner and Skinner appeared first on Chris Skinner's blog. Future Grid Opinion TechnologyI just spotted that Gartner have made a series of ten bold predictions for IT 2018 and beyond.

Mastercard, Accion Offer MSMEs Funds, Technology

PYMNTS

The partnership between Mastercard and Accion aims to introduce digital technology, services and training to assist high-potential microbusinesses boost revenues and achieve greater financial security.