INDUSTRY INSIGHTS YOUR PEERS ARE READING
Corporate card and financial product startup Brex is best known as an enabling platform for businesses, with a focus on startups. The three-year-old company, which is reportedly valued at $2.6 billion, initially spread the word about its offerings through word-of-mouth referrals. MORE
First there was the financial crisis of 2008. Then years of negative interest rates. Now, banks face what one financial regulator calls the “real game changer.” MORE
Since your bank's primary value proposition is service and you are likely striving for a superior customer experience, then it would make sense that the first stop you should make is to improve your ability to communicate with the customer. MORE
The notion that customers don’t trust non-legacy banking brands is starting to fade, at least in the U.K. A study from consultancy A.T. Kearney released this month entitled “How Convenience, Innovation, and Trust Will Shape Tomorrow’s Banking,” noted that while U.K. MORE
Things we’re reading today include … Global financial watchdogs take aim at Big Tech’s data dominance U.S. MORE
A bitcoin aficionado who goes by the name "21isenough" has created a prototype for a Lightning ATM. The contraption allows you to send tiny amounts of bitcoin over the Internet via the Lightning Network, a second-layer protocol that works on top of bitcoin MORE
The main blog headlines are … Treating Customers Unfairly (#HSBC) I’ve blogged many times that so called free banking is a fallacy. MORE
Paper — it’s like the nightmare we can’t wake up from. In 2019, 42 percent of B2B invoices were paid by paper check. Add to that image, this one: PYMNTS research finds that nearly 44 percent of invoices are still sent by fax machine and over 72 percent arrive via USPS. In America’s $2.4 MORE
Building on my blog post last week, showing the views of 1997, it was clear years ago that banking was under siege. However, that siege never happened. Tesco thought that most banks were “a bunch of clowns”, but never cracked the market and still have not. MORE
Apparel and accessories retailer Old Navy , which is owned by parent company Gap, has teamed up with Postmates on same-day delivery during the holidays, according to a report by CNBC. The option will be free for customers from Dec. 21 to Dec. MORE
It’s not just cars and trucks that are undergoing historic changes thanks to digital and mobile technology, and the drive toward the connected vehicle and autonomous driving ecosystems. The whole automotive culture — and that includes payments — is transforming. Proof of that comes from the U.K. MORE
Centana Growth Partners, a New York and Palo Alto, Calif.-based based growth equity firm, closed its second fintech valued at $375 million this week. The firm, which closed a $250 million fund in 2015, primarily invests in business-to-business technology companies. MORE
In a world reliant on smartphone apps, bank branches may no longer be Main Street mainstays, with red velvet ropes between brass stanchions herding customers to tellers behind wickets. MORE
In India, the Personal Data Protection Bill is making headway. The legislation, which seeks to protect sensitive data, has gotten approval from the union cabinet that is helmed by Prime Minister Narendra Modi. MORE
Good morning, folks. Busy day today but I am in a particularly good mood because I got to watch the Patriots lose again. Do you realize this entire generation of New England football fans has never had to watch bad football? Anyway, I wanted to give you a quick heads up on two issues involving […]. Compliance Regulatory technology CFPB Electronic Fund Transfer Act NCUA section 919 Senator Elizabeth Warren Senator Sherrod Brown threshold MORE
Seven Canadian credit unions (CUs) have become the first in Canada to launch Interac Debit on Google Pay, Canadian Credit Union Association (CCUA) announced in a recent press release. . Customers can make payments using Android smartphones. MORE
Maybe Goldman Sachs leads the way so that Digital Advice reaches the $1.26 trillion projected by 2023. A mid-year look at Digital investing [link] via @DailyFintech #WealthManagement #fintech #roboadvisor pic.twitter.com/rdHxb1Lgty. — Efi Pylarinou (@efipm) July 16, 2019. MORE
While U.S. consumers may be hesitant to adopt mobile payments, small businesses are more open to it. A recent J.D. Power study reports that mobile banking adoption for small business owners has surpassed adoption for retail banking customers. The findings from the research firm’s 2019 U.S. MORE
Assume for a second that your bank screws up and causes a problem. The customer comes in or calls to complain - Do you apologize? Of course, you do – but then what? For the most part, community banks are fantastic and solving problems and making customers happy. MORE
Is there a fintech bubble? There are good arguments for both sides of the coin. Ultimately, one side wins out MORE
Critical questions treasury leaders need to ask themselves and their teams. With a variety of challenges squeezing profits and increasing competition for commercial customers, financial institutions (FIs) are re-evaluating the role of treasury management. MORE
It's fairly obvious why banks are so focused on attracting and retaining high caliber employers. Just as in sports, when you have a talented team and a good game plan, you get great results. The post Developing and Retaining Top Talent for Long-Term Success appeared first on ABA Banking Journal. MORE
It’s been more than ten years since Satoshi Nakamoto published Bitcoin’s white paper. The market capitalization for cryptocurrencies is over $200 billion, but cryptocurrencies haven’t had much success in going mainstream. MORE
How merchants enable and streamline payment acceptance is now at the forefront of the shopping experience. Acquiring—once a stable and steady background business helping retailers accept and process debit and credit cards at point-of-service and remotely (such as via telephone and mail)—is now a key differentiator for businesses. The more shopping behaviors change—from in-store to…. The post Finding high-value-adding pathways for merchant acquirers appeared first on Accenture Banking Blog. MORE
Each quarter, Ryan Douglas from the Card Issuing group reports on recent developments for the US consumer credit card sector and compiles key metrics reported by the largest US banks (spend, receivables, loss rates and returns). MORE
Key Takeaways Elder financial abuse/exploitation (EFE) is under-reported although it remains on the rise. ABA study shows banks are reporting more cases of EFE. The Senior Safe Act provides a safe harbor for financial institutions reporting suspected EFE. . The under-reported and growing crime. Elder financial exploitation and elder fraud are rising at an alarming rate as they continue to be serious crimes in the United States. MORE
A few weeks ago I got back to Berlin from a nearly six week trip to India. I stayed most of the time with my family-in-law in Mumbai but at the very beginning of my trip, I went for a ten days Vipassana (kind of meditation retreat) in Mumbai. MORE
Late yesterday evening, we received word that the Governor had signed important legislation which creates a state-level framework for the expanded production of hemp and authorizes products derived from hemp to be legally sold on the state level. The bill takes effect on March 8, 2020. For credit unions, the bill provides a further comfort […]. Compliance Legal Watch New York State Regulatory bill A7680A FDA hemp summit USDA MORE
As cashierless shopping becomes more popular, a stark disparity is coming to light — the underbanked are getting left behind. In this blog post, Plain Green's Guy Dilger talks about the move away from cash and how some cities are fighting back MORE
The business of banking is reaching a critical inflection point as ‘challengers’ take market share and incumbents implement strategies to accelerate their digital transformation efforts to enhance customer journeys. MORE
Almost all of their clients say they hold digital assets already Financial Trends Technology Lines of Business Blockchain Fintech Feature Feature3. 1Technology MORE
A further discussion about data and the key issue of who should have access. During a recent lunch, we talked about how Chinese citizens allow the government to see all of their digital footprint via Tencent and Alibaba, but they do this for a number of reasons. MORE
My latest trip to Phoenix gave me a preview of what’s to come in auto financing, the for-hire vehicle industry and autonomous fleet management. And, that was just on my ride back to the airport. With my travel schedule, hailing a ride to the airport using a ride sharing app is all in a day’s…. MORE
Today’s environment is especially challenging Risk Management Risk Adjusted Rate Risk Credit Risk Operational Risk Feature3 Feature. 1Risk Management MORE
For years the industry has seen a trend of fintech startups moving from competition to cooperation with legacy financial institutions, from disruption to partnership. It may be closest to the. MORE
Banks are still making crucial decisions when it comes to branch closings: It will still be a hot topic in 2020 Retail Banking Customers People Community Banking Branch Technology/ATMs Core Systems Feature3 Feature. 1Community Banking MORE
Chris Skinner
DECEMBER 9, 2019
A further discussion about data and the key issue of who should have access. During a recent lunch, we talked about how Chinese citizens allow the government to see all of their digital footprint via Tencent and Alibaba, but they do this for a number of reasons.
Bank Innovation
DECEMBER 10, 2019
Centana Growth Partners, a New York and Palo Alto, Calif.-based based growth equity firm, closed its second fintech valued at $375 million this week. The firm, which closed a $250 million fund in 2015, primarily invests in business-to-business technology companies.
Mobile Payments Today
DECEMBER 10, 2019
A bitcoin aficionado who goes by the name "21isenough" has created a prototype for a Lightning ATM. The contraption allows you to send tiny amounts of bitcoin over the Internet via the Lightning Network, a second-layer protocol that works on top of bitcoin
Accenture
DECEMBER 10, 2019
My latest trip to Phoenix gave me a preview of what’s to come in auto financing, the for-hire vehicle industry and autonomous fleet management. And, that was just on my ride back to the airport. With my travel schedule, hailing a ride to the airport using a ride sharing app is all in a day’s….
Bank Innovation
DECEMBER 10, 2019
While U.S. consumers may be hesitant to adopt mobile payments, small businesses are more open to it. A recent J.D. Power study reports that mobile banking adoption for small business owners has surpassed adoption for retail banking customers. The findings from the research firm’s 2019 U.S.
Banker to Banker
DECEMBER 9, 2019
Assume for a second that your bank screws up and causes a problem. The customer comes in or calls to complain - Do you apologize? Of course, you do – but then what? For the most part, community banks are fantastic and solving problems and making customers happy.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Chris Skinner
DECEMBER 8, 2019
Things we’re reading today include … Global financial watchdogs take aim at Big Tech’s data dominance U.S.
Bank Innovation
DECEMBER 10, 2019
In a world reliant on smartphone apps, bank branches may no longer be Main Street mainstays, with red velvet ropes between brass stanchions herding customers to tellers behind wickets.
Banker to Banker
DECEMBER 9, 2019
Since your bank's primary value proposition is service and you are likely striving for a superior customer experience, then it would make sense that the first stop you should make is to improve your ability to communicate with the customer.
Abrigo
DECEMBER 10, 2019
Key Takeaways Elder financial abuse/exploitation (EFE) is under-reported although it remains on the rise. ABA study shows banks are reporting more cases of EFE. The Senior Safe Act provides a safe harbor for financial institutions reporting suspected EFE. . The under-reported and growing crime. Elder financial exploitation and elder fraud are rising at an alarming rate as they continue to be serious crimes in the United States.
Chris Skinner
DECEMBER 8, 2019
Building on my blog post last week, showing the views of 1997, it was clear years ago that banking was under siege. However, that siege never happened. Tesco thought that most banks were “a bunch of clowns”, but never cracked the market and still have not.
Bank Innovation
DECEMBER 9, 2019
The business of banking is reaching a critical inflection point as ‘challengers’ take market share and incumbents implement strategies to accelerate their digital transformation efforts to enhance customer journeys.
PYMNTS
DECEMBER 10, 2019
Paper — it’s like the nightmare we can’t wake up from. In 2019, 42 percent of B2B invoices were paid by paper check. Add to that image, this one: PYMNTS research finds that nearly 44 percent of invoices are still sent by fax machine and over 72 percent arrive via USPS. In America’s $2.4
Accenture
DECEMBER 10, 2019
How merchants enable and streamline payment acceptance is now at the forefront of the shopping experience. Acquiring—once a stable and steady background business helping retailers accept and process debit and credit cards at point-of-service and remotely (such as via telephone and mail)—is now a key differentiator for businesses. The more shopping behaviors change—from in-store to…. The post Finding high-value-adding pathways for merchant acquirers appeared first on Accenture Banking Blog.
Chris Skinner
DECEMBER 7, 2019
The main blog headlines are … Treating Customers Unfairly (#HSBC) I’ve blogged many times that so called free banking is a fallacy.
Bank Innovation
DECEMBER 9, 2019
The notion that customers don’t trust non-legacy banking brands is starting to fade, at least in the U.K. A study from consultancy A.T. Kearney released this month entitled “How Convenience, Innovation, and Trust Will Shape Tomorrow’s Banking,” noted that while U.K.
PYMNTS
DECEMBER 10, 2019
customers can now make a donation to the Western Union Foundation when transferring money using the Western Union app, the company said in a press release on Tuesday (Dec.
ATM Marketplace
DECEMBER 10, 2019
As cashierless shopping becomes more popular, a stark disparity is coming to light — the underbanked are getting left behind. In this blog post, Plain Green's Guy Dilger talks about the move away from cash and how some cities are fighting back
ForwardBanker
DECEMBER 10, 2019
Critical questions treasury leaders need to ask themselves and their teams. With a variety of challenges squeezing profits and increasing competition for commercial customers, financial institutions (FIs) are re-evaluating the role of treasury management.
Bank Innovation
DECEMBER 9, 2019
First there was the financial crisis of 2008. Then years of negative interest rates. Now, banks face what one financial regulator calls the “real game changer.”
PYMNTS
DECEMBER 10, 2019
Seven Canadian credit unions (CUs) have become the first in Canada to launch Interac Debit on Google Pay, Canadian Credit Union Association (CCUA) announced in a recent press release. . Customers can make payments using Android smartphones.
Lars Markull
DECEMBER 10, 2019
A few weeks ago I got back to Berlin from a nearly six week trip to India. I stayed most of the time with my family-in-law in Mumbai but at the very beginning of my trip, I went for a ten days Vipassana (kind of meditation retreat) in Mumbai.
Ron Shevelin
DECEMBER 9, 2019
Is there a fintech bubble? There are good arguments for both sides of the coin. Ultimately, one side wins out
Bank Innovation
DECEMBER 9, 2019
Corporate card and financial product startup Brex is best known as an enabling platform for businesses, with a focus on startups. The three-year-old company, which is reportedly valued at $2.6 billion, initially spread the word about its offerings through word-of-mouth referrals.
PYMNTS
DECEMBER 10, 2019
In India, the Personal Data Protection Bill is making headway. The legislation, which seeks to protect sensitive data, has gotten approval from the union cabinet that is helmed by Prime Minister Narendra Modi.
New York's State of Mind
DECEMBER 10, 2019
Late yesterday evening, we received word that the Governor had signed important legislation which creates a state-level framework for the expanded production of hemp and authorizes products derived from hemp to be legally sold on the state level. The bill takes effect on March 8, 2020. For credit unions, the bill provides a further comfort […]. Compliance Legal Watch New York State Regulatory bill A7680A FDA hemp summit USDA
Banking Exchange
DECEMBER 9, 2019
Today’s environment is especially challenging Risk Management Risk Adjusted Rate Risk Credit Risk Operational Risk Feature3 Feature. 1Risk Management
Daily Fintech
DECEMBER 9, 2019
Maybe Goldman Sachs leads the way so that Digital Advice reaches the $1.26 trillion projected by 2023. A mid-year look at Digital investing [link] via @DailyFintech #WealthManagement #fintech #roboadvisor pic.twitter.com/rdHxb1Lgty. — Efi Pylarinou (@efipm) July 16, 2019.
PYMNTS
DECEMBER 10, 2019
It’s not just cars and trucks that are undergoing historic changes thanks to digital and mobile technology, and the drive toward the connected vehicle and autonomous driving ecosystems. The whole automotive culture — and that includes payments — is transforming. Proof of that comes from the U.K.
CCG Insights
DECEMBER 9, 2019
For years the industry has seen a trend of fintech startups moving from competition to cooperation with legacy financial institutions, from disruption to partnership. It may be closest to the.
Banking Exchange
DECEMBER 9, 2019
Banks are still making crucial decisions when it comes to branch closings: It will still be a hot topic in 2020 Retail Banking Customers People Community Banking Branch Technology/ATMs Core Systems Feature3 Feature. 1Community Banking
ABA Community Banking
DECEMBER 9, 2019
It's fairly obvious why banks are so focused on attracting and retaining high caliber employers. Just as in sports, when you have a talented team and a good game plan, you get great results. The post Developing and Retaining Top Talent for Long-Term Success appeared first on ABA Banking Journal.
PYMNTS
DECEMBER 10, 2019
Apparel and accessories retailer Old Navy , which is owned by parent company Gap, has teamed up with Postmates on same-day delivery during the holidays, according to a report by CNBC. The option will be free for customers from Dec. 21 to Dec.
Daily Fintech
DECEMBER 8, 2019
It’s been more than ten years since Satoshi Nakamoto published Bitcoin’s white paper. The market capitalization for cryptocurrencies is over $200 billion, but cryptocurrencies haven’t had much success in going mainstream.
Banking Exchange
DECEMBER 8, 2019
Almost all of their clients say they hold digital assets already Financial Trends Technology Lines of Business Blockchain Fintech Feature Feature3. 1Technology
New York's State of Mind
DECEMBER 9, 2019
Good morning, folks. Busy day today but I am in a particularly good mood because I got to watch the Patriots lose again. Do you realize this entire generation of New England football fans has never had to watch bad football? Anyway, I wanted to give you a quick heads up on two issues involving […]. Compliance Regulatory technology CFPB Electronic Fund Transfer Act NCUA section 919 Senator Elizabeth Warren Senator Sherrod Brown threshold
130 
Let's personalize your content