Will Faster Payments Lead To Faster Fraud?
As #payments move #faster or in real-time, preventing #fraud has to change its approach.
Financial Technology
As #payments move #faster or in real-time, preventing #fraud has to change its approach.
Financial Technology
#JPMorgan #Chase leads the #race for the most #mobile #users among the top three largest consumer #banks in the U.S. — still. With 31.6 million active mobile users, JPMorgan Chase is well ahead of Bank of America’s 25.3 million active mobile users for 2Q18. In the same period, Wells Fargo reported 22 million and Citigroup 10 million. Chase’s […]
Bank Innovation
There is a correlation between an FI’s #revenues and its #digital strategy. A new report from advisory firm EY suggests that the more mature an FI’s digital strategy is, the more revenues it is likely to generate. According to the report, released late June, 65% of executives believed that their revenues improved thanks to their firm&8217;s […]
Bank Innovation
EXCLUSIVE— As #open #banking sweeps through Europe with the launch of PSD2, GDPR, and other regulations focused on transparency, #North American financial institutions might want to consider looking to #blockchain or artificial intelligence for their own compliance challenges. This is according to Richard Arundel, general manager, North #America for financial #technology provider Currencycloud, who noted […]
Bank Innovation
The number of consumers making use of #Apple’s mobile payment service is increasing, but are these #users really, well, using it? The company #more than doubled the users for its namesake payment service, Apple Pay, according to CEO Tim Cook on the company’s second quarter earnings call yesterday. This year-over-year increase is part of the […]
Bank Innovation
#Digital #banking is a popular slogan. DBS in Singapore was the first to win Euromoney’s global award, in 2016, and #Citi won it in 2017 while Francisco González, CEO of #BBVA, another strong contender, was named banker of the year in 2016.
Financial Technology
Banking #customers may complain about their bank, but they rarely move.
Financial Technology
If it feels like #innovation has been one of the hot themes of 2017 in the financial world, it’s because its true. A new report shows that despite many companies struggling to maintain a culture of innovation, financial services companies are among the top three industries getting it right. One of the factors helping them […]
Bank Innovation
Remember when #blockchain was going to kill financial services? It seems to be building them up instead. Take companies like Deloitte: with several new partnerships, projects, innovation labs, and consortium memberships, financial services giant Deloitte might have a better grasp on blockchain’s potential than a couple shiny new fintechs. The company– which has been on […]
Bank Innovation
#Bitcoin $ 1K is no more — this barely a day after three of the most popular currency #exchanges issued statements warning users against exchanging with the currency. The exchanges BTCC, OkCoin, and Huobi issued identical statements on their sites warning users of the high risk of bitcoin and citing theirRead More
Bank Innovation
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