Deluxe Isn’t Just Paper Checks Any Longer
#Paper #checks account for less than 38% at #Deluxe which over the last decade has diversified into payments, cloud services and promotional products.
Financial Technology
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Digital Banking Results In Longer Sessions At Call Centers — Law Of Unintended Consequences
To paraphrase William Gibson, Open #Banking, and #digital banking, are here…they just aren’t evenly distributed.
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1 in 5 Consumers No Longer Carry Cash
Mobile wallets may not be replacing #cash as yet, but that doesn’t mean cash is still the consumer go-to. About 20% of #consumers (or 1 out of 5) are not presently carrying physical cash in their physical wallets, according to the American Express Digital Payments Survey released this week. Additionally, nearly half of consumers (46%, […]
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Blockchain POCs No Longer Cut It, Experts Say
It’s decided: 2017 is (or should be) the year the #blockchain proof-of-concept dies—and is replaced by tangible, functioning products, according to industry #experts. “What I said for 2017 was, I want to go from [blockchain] evangelism to execution—I want to go, as I call it, from the lab to the factory,” Dion Lisle, head of #fintech […]
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SMS No Longer Secure for 2-Factor Authorization
It might be time to say goodbye to those text messages containing PINs to help you log into your favorite banking site. The U.S. National Institute of Standards and #Technology (NIST) released a draft of its latest guidelines on digital authentication this week, and it contains a disturbing bit ofRead More
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Life insurance #insurtech innovation Part I: No longer an oxymoron, expect an uphill climb
Photo Credit This is a guest post by Amy Radin. It is a two-parter. The second #part is tomorrow. We have also posted it onto the #Fintech Genome to stimulate discussion there. You can find Amy’s profile on the Fintech Genome here. While most #insurance #technology startup activity in the US is concentrated in health…Read more #Life insurance #insurtech #innovation Part I: No #longer an #oxymoron, #expect an #uphill #climb
Bank Innovation
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