Predictions for 2021: The World is a Digital Place

Payments Dive

Seth Brennan, CEO of North Lane Technologies, a payments industry veteran, shares his thoughts on the year ahead 2020 was a difficult year in many aspects, but it also challenged the payments industry to find new solutions to work through the limitations of the pandemic.

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. Auditors, compliance, … The post Technology is business appeared first on Chris Skinner's blog. This is clearly demonstrated in their microservices team structures and agile thinking.

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Mastercard Debuts NextGen Contactless Technology

PYMNTS

Mastercard has applied new quantum-resistant technologies in order to develop a new kind of contactless payment, according to a press release emailed to PYMNTS.

Our 7 Questions to Prevent Bad Bank Technology

South State Correspondent

The most significant problem with bank innovation is that bankers see or hear about a sexy piece of technology at a conference or at another bank and then acquire it. This article looks at the seven strategic questions you need to answer before acquiring any piece of technology.

The Lender's Guide to Automating Complex Loans

Providing commercial lenders with key insights into how commercial lenders can automate small-balance, mid-market, and large-cap loan documentation with advanced technology.

Check the video: The age of technology is here

Payments Dive

Despite the rise of automation, technology can't replace the human-to-human interaction. New technology and video kiosks helps businesses provide a personal touch in a technological world Or can it?

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Six contactless technologies for restaurants in a post-pandemic world

Payments Dive

Restaurants looking to recover from the COVID-19 pandemic should consider a series of contactless ordering and payment technologies that will help bring customers back in a secure and healthy environment

Reskilling, rethinking to embrace cloud technology

BankInovation

chief technology and operations officer and chief information and operations officer […]. SEATTLE — Cloud engineers are in high demand as financial institutions seek to digitalize their cores and update their processes, but finding talent comes down to resources and mindset.

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? I’ve had a lot of conversations with bankers and technologists, and realised something recently.

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.

Trusted AI 102: A Guide to Building Fair and Unbiased AI Systems

The risk of bias in artificial intelligence (AI) has been the source of concern and debate. High-profile examples demonstrate the reality that AI is not a default “neutral” technology and can come to reflect or exacerbate bias encoded in human data.

Castles Technology Buys Spire Payments

PYMNTS

Global payment solutions provider Castles Technology has acquired Spire Payments , a provider of electronic funds transfer at point of sale (EFTPOS) systems, the company announced in a Thursday (Oct.

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 TechnologyI just picked up a Financial Times article talking about how Artificial Intelligence (AI) will change the way you deal with money. It’s actually more about the Chinese internet giant Ping An, and how they’re changing finance using AI.

Artificial intelligence as the cornerstone of emerging technologies

Dataconomy

Modernizing industries depend heavily on emerging technologies. These technologies, like artificial intelligence, are primarily impactful for the manufacturing, energy, and transportation sectors. Enterprises are being transformed into a digital environment with emerging technologies.

MLOps 101: The Foundation for Your AI Strategy

Machine Learning Operations (MLOps) allows organizations to alleviate many of the issues on the path to AI with ROI by providing a technological backbone for managing the machine learning lifecycle through automation and scalability.

Can self-service technology securely reduce COVID-19 risk?

Payments Dive

Technology that allows consumers to control kiosks remotely holds an important clue Can people be sure that self-service devices are being properly maintained to reduce the risk of spread of coronavirus?

Trends In Retail Technology And Consumer Spending

PYMNTS

And sellers are adopting biometric-based verification and artificial intelligence (AI) technologies to attract shoppers and keep fraudsters away. Today In Data Commerce Consumer Spending Innovation News payments Retail Technology Today in Data

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Wachter helps retailers integrate customer engagement technology

Payments Dive

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

Reimagining The Bank As A Technology Company

PYMNTS

Intimidated by the scale and cost of a massive technological overhaul, large financial institutions (FIs) may approach their digital transformation (DX) journeys gradually, targeting various areas of operations to modernize one-by-one.

The Non-QM Market Experiences a Remarkable Comeback: Check Out the Industry Guide

As the commercial lending market evolves, non-QM loans are becoming increasingly popular. Check out this eBook for a detailed look at the benefits of non-QM loans, how to maneuver your way through, and what the future may bring.

Advancing Retail And Education With Digital Technology 

PYMNTS

And in education, Google and Apple are facilitating students’ return to class with the help of technology. Today In Data Commerce direct-to-consumer DTC Education Innovation News payments Retail Technology Today in Data

Digital Technologies Drive Innovation In Retail, Payments

PYMNTS

In retail technology, Toshiba Global Commerce Solutions ’ new Elera system aims to supplant in-store IT systems with a new cloud-enabled 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 TechnologyI was listening to someone talking about monolith versus microservices structures recently, and they likened it to an old car versus a new one. Old cars were made of metal and welded together into a solid machine where, if any part breaks, you have to replace the whole machine.

It’s Dreadful Being a Buyer of Bank Technology

Gonzobanker

As technology buyers, banking executives need to up their game on tech purchases and technology performance management. For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology.

AI in Manufacturing

Manufacturers want to deliver the best products on the market as quickly and ethically as possible. Learn how to solve your most urgent manufacturing and business needs with an enterprise AI platform.

Airports Expand Range Of Digital Identity Technology

PYMNTS

Now, CLEAR's touchless technology is able to connect identity to health insights to help people feel confident walking back into the office.". Among the segments affected by the pandemic, air travel remains near the top of the list when it comes to industries that have been hard hit.

FinTech Cloud Technology Fuels Banking Innovation

PYMNTS

As cloud technologies emerge to help financial institutions (FIs) drive digital innovation, Finastra has introduced its Fusion Payments To Go offering for small and medium-sized banks.

Transforming core banking with the right technology

Accenture

The post Transforming core banking with the right technology appeared first on Accenture Banking Blog. We all know the industry is rapidly moving to digital.

Listen: Bank technology spend rises

BankInovation

In this Weekly Wrap episode of “The Buzz” podcast, the Bank Automation News editors drill down on technology spending at banks. Retail Banking podcast Premium technology budgets The Buzz Weekly Wrap

Realizing the Benefits of Automated Machine Learning

How are organizations using machine learning and artificial intelligence (AI) to derive business value? Renowned author and professor Tom Davenport explains the rise of automated machine learning, its benefits, and success stories from businesses that are already using it.

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. He was underscoring how important data is in banking, and referenced the fact that banking started with data.

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. Auditors, compliance, … The post Technology is business appeared first on Chris Skinner's blog. This is clearly demonstrated in their microservices team structures and agile thinking.

Open Banking—lessons in technology, security and APIs

Accenture

One of the main reasons it took so long to define the Regulatory Technical Standards (RTS) is the challenge around technology and the development of the necessary application program interfaces (APIs)…. Uncategorized APIs Banking Technology Open Banking Secure Customer Authentication (SCA

Green Dot undergoes technology transformation

BankInovation

Green Dot is in the midst of a technology transformation that it estimates will save the digital bank $35 million annually by 2024.

Data Science Fails: Building AI You Can Trust

The new DataRobot whitepaper, Data Science Fails: Building AI You Can Trust, outlines eight important lessons that organizations must understand to follow best data science practices and ensure that AI is being implemented successfully.