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5270 Results from /payments

Retired Member

Retired Member 

Large banks afraid of competition from financial Robo-advisors

Large traditional investment banks, like Morgan Stanley, Bank of America and Wells Fargo are under great pressure due to competition from financial Robo-advisors. In such a situation it becomes difficult to justify their fees, far exceeding the costs of services from cheaper investment platforms. This opinion was expressed by Kendra Thompson, mana...

/payments

Retired Member

Retired Member 

What the rise of wearables means for authentication

Reading the coverage of CES this year, it was possible to draw two conclusions about wearable technology. Firstly, wearable technology is now an established market – a fast-growing segment with lots of innovation that is now much more than just fitness bands and smartwatches. The second is that the variety of “innovations” suggests that wearable t...

/security /payments

Jeremy Light

Jeremy Light Co-founder at Fourdotzero

Predictions for the payments landscape in 2016

A year ago I published my predictions for the payments landscape in 2015 on my linkedin profile https://uk.linkedin.com/in/jeremylight1. I will publish a summary on how they fared when more statistics are available for 2015, but in the meantime, here are listed my predictions for 2016. They are based on extrapolating observable trends and on pieci...

/payments

Retired Member

Retired Member 

Experimenting with distributed financial technologies

As many have said before, distributed financial technologies in the retail payment space feels like the Internet in the mid-90s with lots of potential and expectation but not a lot of action. And just as the experimenting led to powerful use cases then, we expect to see the same pattern repeat itself with distributed ledgers. To explore this oppor...

/payments

Alexander Mifsud

Alexander Mifsud Co-Founder and CEO at Weavr.io

The battle of three for banking supremacy

Everyone knows that just a few years ago banks owned the financial sector. The only way to pay, transfer and save money was via a traditional bank. The reign of the banks was maintained principally due to the fact the industry was highly regulated and therefore an exclusive club of licence holders. As such, it was seemingly immune to the huge ch...

/payments

Steve Cook

Steve Cook Digital Identity & Biometrics Consultant

Passwords are so last century. They have to go, so deal with it!

Many of you feel very strongly about passwords, but the fact is … they have to go because of the large volume of hacks or frauds taking place putting you and also your money at risk! It is true, strong passwords cannot be defeated but the facts are that very rarely do we use them. Companies or your employer insist on them, but in most cases we gene...

/payments

Vinod Sharma

Vinod Sharma CTO - FinTech Domain at Econet Wireless Zimbabwe

Next big thing in Mobile Financial Services Interface

Mobile Money or M-Money refers to financial transactions or services that can be carried out using a mobile device what ever this is but for Payments Revolution; Speed is The King. Very popular phenomena on internet "If you are looking for the next big thing, and you are looking where everyone else is, you are looking in the wrong place"...

/payments Innovation in Financial Services

Enrico Camerinelli

Enrico Camerinelli Supply Chain Blockchain Personal Coach at Aite Group

Ripple and The Uberization of Banks

What I find interesting of Ripple that I don't read much about is that it basically proposes a "uberization" of the banking system: What corporate users need are funds to make their payments, and those funds do not necessarily come from one bank. I just finished reading a quote from the CEO of DBS Bank that "in the future people wil...

/payments Transaction Banking

Vinod Sharma

Vinod Sharma CTO - FinTech Domain at Econet Wireless Zimbabwe

FinTech - A True Fairytale

Abstract -: Idea for this post to find out from all of you through comment on the subject what are the views on FinTech park. What sort of story they make or write, what benefits and new services the baby from IoT & FinTech will bring on table for consumers, businesses and entities like banks, MNO and financial services institutions. If you ar...

/payments Financial Inclusion

Vinod Sharma

Vinod Sharma CTO - FinTech Domain at Econet Wireless Zimbabwe

Mobile Payments : Mythical Facts

Abstract – This article is triggered by real life incidents combined with a high-level overview of mobile financial services and mobile payments. The mobile technologies covered herein are neither new nor a revolutionary innovation; but have been there on this planet for decades though not all of us have been aware or maybe the way I have experien...

/payments Innovation in Financial Services

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