INDUSTRY INSIGHTS YOUR PEERS ARE READING
Ever since Amazon turned its gaze to healthcare, questions about the eCommerce operator’s plans and intentions have outnumbered answers. That’s still true, and may remain so for the time being, but this week new details emerged that, at the least, is shedding light on Amazon’s healthcare vision. MORE
Keeping your money in a bank is common sense at this point, but online banking is – unfortunately – not something many people have grown accustomed to, yet. MORE
I am in the London underground, and my mobile tells me if the person sitting next to me has defaulted on their loans. I can now decide if I still want to sit next to them. – Imagine a world where that could be true. Image Source. MORE
Security and technology consulting company Accutive is rolling out a new solution designed to give enterprises an alternative to data encryption to protect sensitive information. In a press release on Wednesday (Feb. 20), Accutive said it is launching its Data Discovery and Data Masking solutions. MORE
Green Dot, a Pasadena-Calif.-based based financial services company with a banking license, is making no secret of its success and broader ambitions with banking-as-a-service. MORE
(The Paypers) Lloyds Banking Group has teamed up with Visa to launch a pilot scheme designed for retailers that want to offer cashback to customers in their stores MORE
Financial technology firm Green Dot , which made its name on its prepaid debit card solutions, is ramping up its focus on Banking-as-a-Service (BaaS) after posting $14.3 million in net income for the fourth quarter of 2018. MORE
Following a switch in contractors that reportedly caused prisoners to lose access to music that they purchased, an inmate in a Florida prison is suing the Florida Department of Corrections (FDOC) in a class action suit. MORE
The era of everything-as-a-service (XaaS) has provided both an opportunity and a challenge for companies across industries. MORE
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. MORE
The U.K. government’s mandate that the Royal Bank of Scotland (RBS) allocate about $1 billion for a fund intended to give a financial boost to industry competitors has hit roadblocks that could spark controversy as the first of the funds are issued. Reports in the Financial Times on Wednesday (Feb. 20) said that Banking Competition Remedies, which was established to manage the RBS fund, is preparing to announce the first three winners of the money. MORE
Neiman Marcus is expanding its horizons with travel this spring – though not by going anywhere itself. Instead, the department store has announced it will be unveiling its latest campaign in March, titled “The Art of Travel.” MORE
Apple and Goldman Sachs, through joint efforts, will issue a credit card that links with the iPhone, the Wall Street Journal reported on Thursday (Feb. The new card is aimed at helping consumers with money management, and bringing the companies into new areas of business. MORE
After becoming aware of a bug on its back-end systems, Uber repaired a vulnerability that provided access to secret developer tokens. A developer endpoint had been sending server tokens and client secrets, according to reports. MORE
It looks like the deal to merge Sainsbury’s with Walmart-owned Asda could be in fatal trouble — after a ruling by the Competition and Markets Authority on a deal that would have created the U.K.’s ’s biggest supermarket chain with a £12 billion ($15.6 billion) deal. MORE
The small business (SMB) banking sector continues to endure seismic disruption from many angles. In the U.K., regulators are cracking down on big bank misconduct against small firms, while simultaneously exploring ways to inject competition into the sector via initiatives like the RBS fund. MORE
Dry January may be over, but beer is still struggling. Brewers sold 0.3% less beer in stores in the US in 2018 compared to the previous year, according to research firm IRI. MORE
ResTech startups are sometimes founded out of an entrepreneur’s need for more convenient food ordering options. QuickBite Founder and CEO Richard Reedy worked for a company in East Austin and didn’t have a ton of time to get lunch. MORE
Core processor Jack Henry & Associates might have signed a deal with Zelle's parent company Early Warning in 2016, but it won't be deploying the P2P service until 2020, at earliest, Bank Innovation has learned. In fact, the core processor only started beta testing Zelle for Symitar this year. MORE
While historically a “pen and pencil” business, technology has begun to push the global real estate market into digitized approaches. MORE
SalesTrip , a new corporate travel expense management firm, is launching its product this week in the U.K. The company has integrated a travel booking and spend management solution that it says is the first to operate on Salesforce , reports in Realwire said on Wednesday (Feb. MORE
(The Paypers) The UAE Central Bank ’s 2018 updated anti-money laundering (AML) law has been revealed to potentially face some immediate challenges MORE
(The Paypers) Banco BPM , UniCredit , Intesa Sanpaolo , MPS , and Banca Aletti , along with companies IDB and DPI, have been involved in an investigation for fraud and money laundering MORE
Most of the wallet contents from digital currency exchange QuadrigaCX have reportedly been sent to Ernst & Young (EY), a monitor appointed by the court for the company, CoinDesk reported. MORE
(The Paypers) Goldman Sachs has backed Rabbet, a US-based startup that develops software to help make construction finance more efficient MORE
Verizon will be bringing its 5G technology to 30 U.S. cities by the end of the year, according to reports. The wireless giant didn’t specify the cities or the method of deployment, but it did say it would include extremely fast millimeter wave radios. “It’s MORE
The U.K.’s s Housing, Communities and Local Government Committee is calling on internet retailers to pay higher taxes to help struggling offline retailers in the country’s shopping districts. According to a report in Bloomberg, the U.K. MORE
(The Paypers) Featurespace has announced the launch of its international behavioural analytics anti-fraud technology into the Singapore market MORE
By 2020, there will be an estimated 26 billion Intelligence of Things (IoT)-connected devices active around the world. As the IoT market grows, however, developers and consumers alike are growing more vigilant to protect any potential weaknesses of devices that rely on constant connectivity. MORE
(The Paypers) Alibaba `s payment arm Alipay has announced it will start charging a fee on credit card repayments starting from March 2019 MORE
(The Paypers) itsme has introduced its itsme Sign, a step for totally digitising a range of processes, attaching a legally binding signature to any document with smartphones MORE
Every industry has its nomenclature. And sometimes, terms get thrown about interchangeably — when, really, they refer to very different things. Such is the case in financial services, where “ FinTech ” is often used to describe financial technology vendors. “A MORE
In Part II of a blog series, Steve Villegas addresses how payments fraud impacts cross-border ecommerce MORE
It would be “odd” for Apple Inc. to offer a jointly developed credit card with Goldman Sachs Group Inc. and not with Synchrony Financial, MoffettNathanson analyst Lisa Ellis said, since Synchrony dominates the market for co-brand offerings. Goldman must be offering Apple a very good deal,” Ellis said by email. She added that the Goldman […]. Bloomberg Cards Exclusive Open Fintech Payments Premium Retail Risk Security Apple cards fintech Goldman Sachs Mastercard MORE
With a move toward cashless societies growing around the world, new legislation in the U.S. could force retailers and restaurants in a number of states to accept cash as a payment method. MORE
PYMNTS
FEBRUARY 21, 2019
Financial technology firm Green Dot , which made its name on its prepaid debit card solutions, is ramping up its focus on Banking-as-a-Service (BaaS) after posting $14.3 million in net income for the fourth quarter of 2018.
Chris Skinner
FEBRUARY 21, 2019
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.
PYMNTS
FEBRUARY 21, 2019
By 2020, there will be an estimated 26 billion Intelligence of Things (IoT)-connected devices active around the world. As the IoT market grows, however, developers and consumers alike are growing more vigilant to protect any potential weaknesses of devices that rely on constant connectivity.
PYMNTS
FEBRUARY 21, 2019
This week, the EU Parliament voted for new rules mandating that banks cut fees on cross-border euro payments for countries within and outside the Eurozone.
Bank Innovation
FEBRUARY 21, 2019
Keeping your money in a bank is common sense at this point, but online banking is – unfortunately – not something many people have grown accustomed to, yet.
PYMNTS
FEBRUARY 21, 2019
Every industry has its nomenclature. And sometimes, terms get thrown about interchangeably — when, really, they refer to very different things. Such is the case in financial services, where “ FinTech ” is often used to describe financial technology vendors. “A
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
PYMNTS
FEBRUARY 21, 2019
Ever since Amazon turned its gaze to healthcare, questions about the eCommerce operator’s plans and intentions have outnumbered answers. That’s still true, and may remain so for the time being, but this week new details emerged that, at the least, is shedding light on Amazon’s healthcare vision.
Bank Innovation
FEBRUARY 21, 2019
Core processor Jack Henry & Associates might have signed a deal with Zelle's parent company Early Warning in 2016, but it won't be deploying the P2P service until 2020, at earliest, Bank Innovation has learned. In fact, the core processor only started beta testing Zelle for Symitar this year.
PYMNTS
FEBRUARY 21, 2019
With a move toward cashless societies growing around the world, new legislation in the U.S. could force retailers and restaurants in a number of states to accept cash as a payment method.
Mobile Payments Today
FEBRUARY 21, 2019
In Part II of a blog series, Steve Villegas addresses how payments fraud impacts cross-border ecommerce
PYMNTS
FEBRUARY 21, 2019
The U.K.’s s Housing, Communities and Local Government Committee is calling on internet retailers to pay higher taxes to help struggling offline retailers in the country’s shopping districts. According to a report in Bloomberg, the U.K.
CB Insights
FEBRUARY 21, 2019
Dry January may be over, but beer is still struggling. Brewers sold 0.3% less beer in stores in the US in 2018 compared to the previous year, according to research firm IRI.
PYMNTS
FEBRUARY 21, 2019
SalesTrip , a new corporate travel expense management firm, is launching its product this week in the U.K. The company has integrated a travel booking and spend management solution that it says is the first to operate on Salesforce , reports in Realwire said on Wednesday (Feb.
Bank Innovation
FEBRUARY 21, 2019
It would be “odd” for Apple Inc. to offer a jointly developed credit card with Goldman Sachs Group Inc. and not with Synchrony Financial, MoffettNathanson analyst Lisa Ellis said, since Synchrony dominates the market for co-brand offerings. Goldman must be offering Apple a very good deal,” Ellis said by email. She added that the Goldman […]. Bloomberg Cards Exclusive Open Fintech Payments Premium Retail Risk Security Apple cards fintech Goldman Sachs Mastercard
PYMNTS
FEBRUARY 21, 2019
Neiman Marcus is expanding its horizons with travel this spring – though not by going anywhere itself. Instead, the department store has announced it will be unveiling its latest campaign in March, titled “The Art of Travel.”
CB Insights
FEBRUARY 21, 2019
While historically a “pen and pencil” business, technology has begun to push the global real estate market into digitized approaches.
PYMNTS
FEBRUARY 21, 2019
Apple and Goldman Sachs, through joint efforts, will issue a credit card that links with the iPhone, the Wall Street Journal reported on Thursday (Feb. The new card is aimed at helping consumers with money management, and bringing the companies into new areas of business.
The Paypers
FEBRUARY 21, 2019
(The Paypers) Goldman Sachs has backed Rabbet, a US-based startup that develops software to help make construction finance more efficient
PYMNTS
FEBRUARY 21, 2019
ResTech startups are sometimes founded out of an entrepreneur’s need for more convenient food ordering options. QuickBite Founder and CEO Richard Reedy worked for a company in East Austin and didn’t have a ton of time to get lunch.
Daily Fintech
FEBRUARY 21, 2019
I am in the London underground, and my mobile tells me if the person sitting next to me has defaulted on their loans. I can now decide if I still want to sit next to them. – Imagine a world where that could be true. Image Source.
PYMNTS
FEBRUARY 21, 2019
Following a switch in contractors that reportedly caused prisoners to lose access to music that they purchased, an inmate in a Florida prison is suing the Florida Department of Corrections (FDOC) in a class action suit.
The Paypers
FEBRUARY 21, 2019
(The Paypers) itsme has introduced its itsme Sign, a step for totally digitising a range of processes, attaching a legally binding signature to any document with smartphones
PYMNTS
FEBRUARY 21, 2019
Security and technology consulting company Accutive is rolling out a new solution designed to give enterprises an alternative to data encryption to protect sensitive information. In a press release on Wednesday (Feb. 20), Accutive said it is launching its Data Discovery and Data Masking solutions.
Dataconomy
FEBRUARY 21, 2019
The era of everything-as-a-service (XaaS) has provided both an opportunity and a challenge for companies across industries.
PYMNTS
FEBRUARY 21, 2019
The small business (SMB) banking sector continues to endure seismic disruption from many angles. In the U.K., regulators are cracking down on big bank misconduct against small firms, while simultaneously exploring ways to inject competition into the sector via initiatives like the RBS fund.
FICO
FEBRUARY 21, 2019
The theme of my blog series is how to win in an intensely competitive, increasingly digital environment.
PYMNTS
FEBRUARY 21, 2019
After becoming aware of a bug on its back-end systems, Uber repaired a vulnerability that provided access to secret developer tokens. A developer endpoint had been sending server tokens and client secrets, according to reports.
The Paypers
FEBRUARY 21, 2019
(The Paypers) Alibaba `s payment arm Alipay has announced it will start charging a fee on credit card repayments starting from March 2019
PYMNTS
FEBRUARY 21, 2019
It looks like the deal to merge Sainsbury’s with Walmart-owned Asda could be in fatal trouble — after a ruling by the Competition and Markets Authority on a deal that would have created the U.K.’s ’s biggest supermarket chain with a £12 billion ($15.6 billion) deal.
The Paypers
FEBRUARY 21, 2019
(The Paypers) Banco BPM , UniCredit , Intesa Sanpaolo , MPS , and Banca Aletti , along with companies IDB and DPI, have been involved in an investigation for fraud and money laundering
PYMNTS
FEBRUARY 21, 2019
Most of the wallet contents from digital currency exchange QuadrigaCX have reportedly been sent to Ernst & Young (EY), a monitor appointed by the court for the company, CoinDesk reported.
The Paypers
FEBRUARY 21, 2019
(The Paypers) The UAE Central Bank ’s 2018 updated anti-money laundering (AML) law has been revealed to potentially face some immediate challenges
PYMNTS
FEBRUARY 21, 2019
The U.K. government’s mandate that the Royal Bank of Scotland (RBS) allocate about $1 billion for a fund intended to give a financial boost to industry competitors has hit roadblocks that could spark controversy as the first of the funds are issued. Reports in the Financial Times on Wednesday (Feb. 20) said that Banking Competition Remedies, which was established to manage the RBS fund, is preparing to announce the first three winners of the money.
The Paypers
FEBRUARY 21, 2019
(The Paypers) Featurespace has announced the launch of its international behavioural analytics anti-fraud technology into the Singapore market
PYMNTS
FEBRUARY 21, 2019
Verizon will be bringing its 5G technology to 30 U.S. cities by the end of the year, according to reports. The wireless giant didn’t specify the cities or the method of deployment, but it did say it would include extremely fast millimeter wave radios. “It’s
The Paypers
FEBRUARY 21, 2019
(The Paypers) Lloyds Banking Group has teamed up with Visa to launch a pilot scheme designed for retailers that want to offer cashback to customers in their stores
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