It’s happening, and banks need to be prepared. My apologies if you’ve heard this before. Mobile payments — aka mobile money, mobile commerce, mobile wallet, contactless payments — seem to have finally passed the tipping point, according to Juniper Research. Its report, “Mobile Wallets: Service Provider Analysis, Market Opportunities & Forecasts 2018-2022,” predicts that next…
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Digital payments are experiencing a boom, driven by developing markets, according to Capgemini and BNP Paribas’ World Payments Report 2018. However, the innovation landscape in payments is uncertain as bigtech entrants make their presence felt, and incumbents face technical and regulatory complexity in the development of new collaborative payments ecosystems between themselves and fintechs. According…
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The state of AI in banking When you publish an estimate of how a technology will affect an industry — say, that 1.2 million jobs will be lost in banking due to adoption of artificial intelligence software— you get a variety of pointed reactions. Some will say the number is too high and that AI is…
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As we spend time this week to gather with family and friends, we are reminded of how grateful we are for many things in life. However, today, we want to express how grateful we are for each of our clients, business partners, families and friends. We appreciate your business and continued support! Happy Thanksgiving from…
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