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.

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.

Why Technology Isn’t Bank Transformation’s Silver Bullet

PYMNTS

Gill asserts that most financial institutions, left to their own devices, may end up following a less than optimal path to innovation, and not because they have selected the “wrong” technology solution, since in Gill’s experience, what’s “wrong” for one FI might be right for another.

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.

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?

Carmakers Pump The Brakes On Driverless Technology

PYMNTS

Many carmakers have softened their stances on driverless technology because they’re not sure if the tech is quite ready for the mainstream. Now, carmakers are shifting to less exciting terrain: the education and regulation of the new technology.

Why Retailers Are Making mPOS Technology A Top Priority

PYMNTS

But interest in this technology is not limited to the food and beverage space, and is gaining traction in many different verticals. At the same time, new technologies are coming on the market to serve these merchants.

Retail 266

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.

How FinTech Companies Inspire Africa With Mobile Technology

PYMNTS

According to the London Stock Exchange Group’s 2019 “Companies to Inspire Africa” report, which highlights these firms, the FinTech sector has the second highest growth rate representation of technology and telecoms as well as financial services.

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.

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.

Coinone Releases Payment App Featuring Ripple Technology

PYMNTS

The group, called Blockchain for Europe, is focused on growing the understanding of the technology and highlighting the “true nature” and potential of blockchain technology.

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.

Ant Financial Fancies Itself As A Technology Services Company

PYMNTS

Ant Financial , the Alibaba affiliate, expects its core business will be technology services down the road as it expands beyond only payments. His comments come as Ant Financial recently unveiled a new brand that is aimed at selling technology services to financial firms, including banks.

Automakers expand connected car ecosystem with payment technologies

Mobile Payments Today

Automakers from Honda to GM and Hyundai see mobile payment technology as a key component in developing connected car technology

Bank Boardrooms Are Increasingly Accepting of Technological Change

Bank Innovation

"Flexibility" is a commonly used term when it comes to innovation in banking and finance, but the typical bank boardroom hardly evokes the image of openness to technological change.

Getting CRM Technology Up To Speed With SMB Payments

PYMNTS

FinTech has, in many ways, democratized technology once reserved for the largest enterprises, and reduced barriers for small business (SMB) adoption. ” B2B Payments B2B Business Technology CRM data analytics Invoicing Keap KYC News smb payments

Bottomline Technologies Reports 15 Pct Subscription and Transaction Growth

PYMNTS

Bottomline Technologies posted fiscal first quarter results that showed subscription and transaction revenue growth of double digits as management pointed to opportunities and gains in the B2B payments space.

Sensory CEO On Voice-Activated Technology’s Next Big Wave

PYMNTS

Given that, it’s not much of a surprise that the number of people thinking about voice-activated, artificial intelligence (AI)-enhanced wireless technology was extremely small — roughly the same as the number of people putting serious thought into flying cars.

Brick And Mortar’s Technology Evolution

PYMNTS

Technology has certainly seen a big evolution over the last few decades. As a result, it should come as no surprise that the technology used in the retail industry has evolved over the past thirty years. Brick-and-mortar technology.

Ant Financial Debuts Technology Brand For FIs

PYMNTS

20), Ant Financial announced the launch of Ant Financial Technology, a unit designed “to support the growth of financial institutions by improving user experience and lowering cost.” The unit will launch with five key technologies for FI customers, including transaction, security, financial intelligence, next-generation interaction and blockchain tools. The brand was announced at the 2018 Ant Technology Exploration Conference.

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

Accountants’ Technology Budgets Running Dry

PYMNTS

A new survey from K2E Canada suggests small business accountants understand that technological disruption is a major challenge, yet few are addressing the issue. Reports in Canadian Accountant on Tuesday (July 31) said that K2E Canada’s report, “Accounting Operations and Technology Survey,” revealed more than a quarter of accountants cite understanding and knowledge of new technology as one of their top three industry challenges.

How AI is redefining financial crimes detection technologies

Insights on Business

Technological innovation is a reality that is impacting every facet of society. No area of human endeavour from retail, to transportation, to banking has not seen some form of disruptive technology replace the long-established modus operandi.

Pepsi Partners With Robby Technologies On Robot Delivery

PYMNTS

Pepsi has recently partnered with Robby Technologies to deliver snacks and beverages via a fleet of self-driving robots on the campus of the University of the Pacific in Stockton, California. “We’re

Industry 4.0 Pulls South Africa’s SMB Banking Sector Into The Technology Mix

PYMNTS

Michael Sassoon, CEO of banking and technology firm Sasfin , recently told PYMNTS about some of the country’s biggest hurdles in small business FinServ — and what technology innovators hope to do about them. Challenges like these are a breeding ground for technological innovation, and Sassoon pointed to Industry 4.0 The South African economy has struggled in the last decade.

Technology: SME Friend And Foe

PYMNTS

Technology has the power to help a business rise up from the competition. Small businesses, too, have an appetite for technology. But for smaller companies, procuring technology can be a financial and administrative burden, and a lot of times, the problems that can be solved with technology were created by technology in the first place. So, why aren’t small businesses adopting automation technology for their procure-to-pay needs?

Orbita: Why Voice Technology Is Critical To Upgrading Healthcare

PYMNTS

That voice-activated technology could change the face of medical care and the entire healthcare ecosystem is something that Orbita President, Co-founder and COO Nathan Treloar absolutely believes. Ecosystems AI Healthcare Innovation medical care News Technology voice voice assistants

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.

The Struggles of Banks as Technology Companies

Bank Innovation

It's a common refrain from bank CEOs -- "My bank is a technology company." But the reality is much rarer. JPMorgan Chase is showing it takes fintech seriously by building (or buying) a Silicon Valley campus, which will house 1,000 employees, including 250 from recently acquired WePay.

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

How Airport Accommodations Tap Into Mobile Technology (And Sleep)

PYMNTS

To serve travelers looking to get some rest at the airport, hospitality concepts are providing spaces to help consumers relax and catch a nap.

Teamleader Talks SMBs’ Technology Journeys

PYMNTS

Small businesses struggling to embrace digitization must take the first step to adopt technologies, says Teamleader. According to Teamleader product owner Pieter Reel, entrepreneurs understand the need to adopt technology, even if they haven’t yet taken action to do so. A lack of resources exacerbates this struggle, plus, entrepreneurs can find it difficult to implement a new technology, fearing it will actually slow down existing work flows.

Payments Providers Are Lukewarm on Blockchain Technology

Bank Innovation

The ways businesses, consumers, and even banks make payments are changing, as technologies like realtime payments and APIs make it easier to send money across the globe. But one technology seems curiously absent from recent payment innovation, and that’s blockchain. “We

Retailers, payment platforms unveil mobile technologies to raise omnichannel game

Mobile Payments Today

Retailers, payment technology providers and others are rolling out new services to make it easier to complete transactions on mobile platforms

Sage, Modulr Link For Supplier Payments, Payroll; Tappy Technologies Teams With Timex

PYMNTS

Coverage includes Hong Kong-based Tappy Technologies ‘ collaboration with the Timex Group. Tappy Technologies, a solution provider for wearables and digital payments based in Hong Kong, is teaming up with Timex Group, the companies said in an announcement.

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.

Banks team with technology firms: panel cites challenges

Mobile Payments Today

A session at the recent Money20/20 conference in Las Vegas attempted to clarify the roles that technology companies are playing in financial services and how traditional financial institutions are working with them

Alibaba Introduces “Smile to Pay” Facial Recognition Technology

Bank Innovation

Jack Ma, Alibaba’s founder, has long planned on launching facial recognition technology for the company’s payment app, Alipay. He first revealed his commitment to the development of this technology at a CeBit Conference in 2015, when […].

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.

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?

Today In Data: Changing The Technology And Evolving Preferences

PYMNTS

Today In Data connected devices consumer preferences customer preferences digital payments Internet of Things IoT Mobile Payments News Retail retail data retail technology Today in Data

How Much Can Technology Improve Healthcare Payments?

PYMNTS

Touted by observers and industry players as one of the top trends that could impact medical billing and data management for 2018, the technology is increasingly being viewed as part of the path to better efficiency in payments. But that’s not stopping payment and commerce players from trying to use technology to bring more efficiency to the system. The firm’s technology also enables patients to work with providers to come up with flexible payment plans, and do so via a mobile app.