Finextra reported that: “Mastercard is working on a new technology platform to support bill payments via mobile banking apps, created to help banks recover ground lost to multiple direct billing sites. The new real-time service, dubbed Bill Pay Exchange, will make it easier for consumers to view, manage and pay telecom, utility, rent, credit card, […]
Chatbot deployment should be driven by real business needs and opportunities, not by an exploration of what AI can do.
Wells thinks it’s going to attract “new to banking” customers with Greenhouse, its new digital-only offering. I disagree.
Square’s CFO confirms the deposit displacement impact of P2P payments.
Many FIs appoint a CDO for the wrong reasons, with the wrong expectations, wrong people, and wrong strategy.
The onus is on banks–not fintechs–to educate consumers on how data is shared.
FIs should be concerned about how the card networks are sharing (or selling) data.
The analysis reveals frequently used keywords and racial and gender composition of actors.
Increased consumer usage of merchant apps to make payments is bad for banks.