INDUSTRY INSIGHTS YOUR PEERS ARE READING
Opus, the provider of global compliance and risk management solutions, announced Thursday (Nov. MORE
The Internal Revenue Service (IRS) is paying $1.7 million to a Virginia company to handle “large cash payments for processing cannabis federal taxes.”. According to Quartz , the U.S. government collected approximately $4.7 MORE
Microsoft CEO Satya Nadella recently called data privacy a “human right,” urging tech companies to do all they could to protect users from cyber threats. MORE
It has not been a great week for the price of bitcoin, or really any cryptocurrency for that matter. The price of bitcoin has fallen and stayed below $6,000 for the last four days and no one’s predicting a rally anytime soon. MORE
As the peaks and valleys of blockchain hype continue to rise and fall, more doubt has surfaced over the future of distributed ledger technology, particularly in the area of B2B payments. MORE
Recently, financial institutions have come under fire for a not illegal, but potentially suspicious form of investing. MORE
As the U.K. continues its move to adopt the ISO 20022 payments messaging standard, the Bank of England is reportedly planning to create a panel aimed at streamlining the adoption of the standard for more efficient payments in the country. MORE
I often talk about teaching children to learn what machines cannot learn. Our system of education was created in the Industrial Revolution, and is based upon kids being stuffed with facts, stats and dates. They learn to parrot-fashion repeat things, and are tested to see if they can remember. MORE
Corporate finance executives seem to be readying for real-time payments, preparing to adopt faster payment capabilities and bracing for changes to their cash flow management strategies as a result. MORE
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 MORE
Retailers, payment technology providers and others are rolling out new services to make it easier to complete transactions on mobile platforms MORE
As cyber attackers develop more sophisticated methods of attacking online sites, security experts and retailers are increasingly focused on protecting mobile shopping and payment platforms to ensure a safe holiday season MORE
A Chinese company that develops facial recognition technology could be facing a ban in the U.S. According to the Financial Times , the facial recognition cameras are created by Hikvision , one of the world’s biggest CCTV companies, selling video surveillance throughout China and across the globe. MORE
I was surprised to see that JPMorgan Chase is now hiring people as bankers and, as a mandatory part of their induction programme, they are taught to code. MORE
When observing the waves, you may miss the shifting tides. Enterprise Fraud Management is being reinvented. Assessing revolutionary risk and compliance management solutions with outdated factors and antiquated perspectives may prevent you from seeing the bigger picture. MORE
In today’s financial services industry, issues ranging from new regulations to unforeseen competitive pressures are placing ever-growing pressure on traditional banking institutions to move toward open banking models. To address this need, IBM introduced the IBM Open Banking Platform. MORE
Blockchain , the crypto wallet provider, plans to have an airdrop worth $125 million, Fortune reported. Through the cryptocurrency giveaway, each recipient would receive around the equivalent of around $25 in Stellar. MORE
Months of geopolitical spats that spanned Europe, the Middle East and the United States have seen payments infrastructure at the center of it all. MORE
The bitcoin bust continued Monday (Nov. 19), with the price of the cryptocurrency falling to $4,905 by mid-afternoon, a decline of at least 12 percent. Over the past week, the price of bitcoin has declined some 20 percent — and at least 60 percent since January. MORE
The rate of contact center fraud has skyrocketed recently, growing by 350 percent during the past four years. For call centers, dealing with this growing issue requires a multi-pronged approached, complete with defense to beat attacks coming from both outside and inside the company. MORE
In a week of multiple nine-figure venture capital funding rounds, B2B FinTech has proved it plans to end the year on a high note. MORE
Veterans Day is Nov.11 in the U.S. — a day set aside each year since 1954 to honor all those who have served in the military. There are roughly 26 million veterans in the U.S. today and, each year, about 1 percent of those eligible for service enlist. MORE
At last month’s Money20/20 conference, the event brought over 10,000 people together and hosted speakers from start-up disruptors to incumbent financial institutions, and everything in between. IBM was there in full force. And I had the pleasure of hosting a panel of CEOs three mornings in a row. MORE
I was talking with some friends at the most innovative bank in Europe that has stopped getting on my radar for the past few years. I first blogged about them back in 2012, when I met the founder at an event. That bank is called Fidor. MORE
Western Union and FLEETCOR are nearing an agreement to sell WU’s business payments operations to the fleet payments firm, according to reports in PE Hub on Wednesday (Nov. MORE
Sir Richard Branson, the British billionaire entrepreneur, philanthropist and visionary, never outgrew his passion to change the world MORE
PayPal is broadening its small business financing offering into the German market, a press release announced on Wednesday (Nov. MORE
I was chairing a panel with a number of different players, one of which was Monzo. Simon Vans-Colina, Monzo’s lead engineer for Open APIs, was talking about their approach to partnering with others in an API ecosystem, including TransferWise and Investec Bank. MORE
There’s nothing like a true story to bring a point home, so here’s my latest one. I’m starting a new venture. It’s a philanthropic thing, thing to do with banking, but because we are seeking sponsorship, we need to open a bank account. MORE
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Twenty years ago, I worked on a strategy for the future of banking. My conclusion was that banks would merge with telecommunications firms and become hybrid institutions. Twenty years later, it hasn’t happened. But will it? MORE
A group of payment players announced Tuesday (Nov. 13) that they created a new organization, dubbed U.S. MORE
Artificial intelligence is changing the game. According to Stanford professor Andrew Ng , AI is the “new electricity,” already generating billions in value as it transforms industries such as IT, health care — and now financial services. MORE
Nordstrom has suffered a data breach that exposed employee names, Social Security numbers, dates of birth, checking account and routing numbers, salaries and more. MORE
PYMNTS
NOVEMBER 15, 2018
The Internal Revenue Service (IRS) is paying $1.7 million to a Virginia company to handle “large cash payments for processing cannabis federal taxes.”. According to Quartz , the U.S. government collected approximately $4.7
Chris Skinner
NOVEMBER 8, 2018
I often talk about teaching children to learn what machines cannot learn. Our system of education was created in the Industrial Revolution, and is based upon kids being stuffed with facts, stats and dates. They learn to parrot-fashion repeat things, and are tested to see if they can remember.
Insights on Business
NOVEMBER 19, 2018
Artificial intelligence is changing the game. According to Stanford professor Andrew Ng , AI is the “new electricity,” already generating billions in value as it transforms industries such as IT, health care — and now financial services.
Mobile Payments Today
NOVEMBER 9, 2018
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
PYMNTS
NOVEMBER 19, 2018
It has not been a great week for the price of bitcoin, or really any cryptocurrency for that matter. The price of bitcoin has fallen and stayed below $6,000 for the last four days and no one’s predicting a rally anytime soon.
PYMNTS
NOVEMBER 18, 2018
A Chinese company that develops facial recognition technology could be facing a ban in the U.S. According to the Financial Times , the facial recognition cameras are created by Hikvision , one of the world’s biggest CCTV companies, selling video surveillance throughout China and across the globe.
PYMNTS
NOVEMBER 15, 2018
Contactless payment company Mobeewave announced the closing of a $16.5 million Series B funding round, led by NewAlpha Asset Management, Mastercard and Forestay Capital.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Insights on Business
NOVEMBER 8, 2018
At last month’s Money20/20 conference, the event brought over 10,000 people together and hosted speakers from start-up disruptors to incumbent financial institutions, and everything in between. IBM was there in full force. And I had the pleasure of hosting a panel of CEOs three mornings in a row.
Mobile Payments Today
NOVEMBER 20, 2018
As cyber attackers develop more sophisticated methods of attacking online sites, security experts and retailers are increasingly focused on protecting mobile shopping and payment platforms to ensure a safe holiday season
PYMNTS
NOVEMBER 14, 2018
Corporate finance executives seem to be readying for real-time payments, preparing to adopt faster payment capabilities and bracing for changes to their cash flow management strategies as a result.
PYMNTS
NOVEMBER 8, 2018
Months of geopolitical spats that spanned Europe, the Middle East and the United States have seen payments infrastructure at the center of it all.
PYMNTS
NOVEMBER 1, 2018
Microsoft CEO Satya Nadella recently called data privacy a “human right,” urging tech companies to do all they could to protect users from cyber threats.
Chris Skinner
NOVEMBER 2, 2018
I was talking with some friends at the most innovative bank in Europe that has stopped getting on my radar for the past few years. I first blogged about them back in 2012, when I met the founder at an event. That bank is called Fidor.
Insights on Business
NOVEMBER 21, 2018
In today’s financial services industry, issues ranging from new regulations to unforeseen competitive pressures are placing ever-growing pressure on traditional banking institutions to move toward open banking models. To address this need, IBM introduced the IBM Open Banking Platform.
Mobile Payments Today
NOVEMBER 16, 2018
Retailers, payment technology providers and others are rolling out new services to make it easier to complete transactions on mobile platforms
PYMNTS
NOVEMBER 15, 2018
Western Union and FLEETCOR are nearing an agreement to sell WU’s business payments operations to the fleet payments firm, according to reports in PE Hub on Wednesday (Nov.
PYMNTS
NOVEMBER 16, 2018
In a week of multiple nine-figure venture capital funding rounds, B2B FinTech has proved it plans to end the year on a high note.
PYMNTS
NOVEMBER 7, 2018
Blockchain , the crypto wallet provider, plans to have an airdrop worth $125 million, Fortune reported. Through the cryptocurrency giveaway, each recipient would receive around the equivalent of around $25 in Stellar.
Chris Skinner
NOVEMBER 7, 2018
I was surprised to see that JPMorgan Chase is now hiring people as bankers and, as a mandatory part of their induction programme, they are taught to code.
Insights on Business
NOVEMBER 1, 2018
When observing the waves, you may miss the shifting tides. Enterprise Fraud Management is being reinvented. Assessing revolutionary risk and compliance management solutions with outdated factors and antiquated perspectives may prevent you from seeing the bigger picture.
PYMNTS
NOVEMBER 18, 2018
The subway system in Hong Kong will allow commuters to scan a QR code as a payment method after announcing a deal with Alibaba’s payment affiliate Ant Financial last week.
PYMNTS
NOVEMBER 15, 2018
As the peaks and valleys of blockchain hype continue to rise and fall, more doubt has surfaced over the future of distributed ledger technology, particularly in the area of B2B payments.
Mobile Payments Today
NOVEMBER 15, 2018
Sir Richard Branson, the British billionaire entrepreneur, philanthropist and visionary, never outgrew his passion to change the world
PYMNTS
NOVEMBER 19, 2018
The bitcoin bust continued Monday (Nov. 19), with the price of the cryptocurrency falling to $4,905 by mid-afternoon, a decline of at least 12 percent. Over the past week, the price of bitcoin has declined some 20 percent — and at least 60 percent since January.
Chris Skinner
NOVEMBER 14, 2018
Twenty years ago, I worked on a strategy for the future of banking. My conclusion was that banks would merge with telecommunications firms and become hybrid institutions. Twenty years later, it hasn’t happened. But will it?
Insights on Business
NOVEMBER 8, 2018
Recently, financial institutions have come under fire for a not illegal, but potentially suspicious form of investing.
PYMNTS
NOVEMBER 15, 2018
Opus, the provider of global compliance and risk management solutions, announced Thursday (Nov.
PYMNTS
NOVEMBER 12, 2018
Nordstrom has suffered a data breach that exposed employee names, Social Security numbers, dates of birth, checking account and routing numbers, salaries and more.
PYMNTS
NOVEMBER 13, 2018
A group of payment players announced Tuesday (Nov. 13) that they created a new organization, dubbed U.S.
PYMNTS
NOVEMBER 8, 2018
PayPal is broadening its small business financing offering into the German market, a press release announced on Wednesday (Nov.
Chris Skinner
NOVEMBER 15, 2018
It’s a big week of FinTech in Asia with Money 2020 China and the Singapore FinTech Festival (SFF) all taking place in the same week. One of the headlines emerging from SFF was an interview with Brad Garlinghouse, CEO of Ripple.
Insights on Business
NOVEMBER 12, 2018
PYMNTS
NOVEMBER 21, 2018
The rate of contact center fraud has skyrocketed recently, growing by 350 percent during the past four years. For call centers, dealing with this growing issue requires a multi-pronged approached, complete with defense to beat attacks coming from both outside and inside the company.
PYMNTS
NOVEMBER 12, 2018
As the U.K. continues its move to adopt the ISO 20022 payments messaging standard, the Bank of England is reportedly planning to create a panel aimed at streamlining the adoption of the standard for more efficient payments in the country.
PYMNTS
NOVEMBER 12, 2018
Veterans Day is Nov.11 in the U.S. — a day set aside each year since 1954 to honor all those who have served in the military. There are roughly 26 million veterans in the U.S. today and, each year, about 1 percent of those eligible for service enlist.
PYMNTS
NOVEMBER 5, 2018
Visa and Billtrust today (Nov.
Chris Skinner
NOVEMBER 6, 2018
I was chairing a panel with a number of different players, one of which was Monzo. Simon Vans-Colina, Monzo’s lead engineer for Open APIs, was talking about their approach to partnering with others in an API ecosystem, including TransferWise and Investec Bank.
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