BankTech

Blockchain Applications Beyond the Financial Services Industry

Blockchain fever hasn’t been limited to financial institutions. Along with banks and FinTech startups, non-financial players have been paying attention and looking for ways to leverage the opportunities that distributed ledger technology opens. Let’s look at some interesting examples of the non-financial applications of blockchain technology. Blockchain and commodities The...

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BankTech

What Are We Seeing in the SME Financing/Loans Opportunity?

Post the financial crisis in 2008, SMEs’ credit conditions had worsened, and credit has remained tight for the past several years. We saw a reduced number of banks focused on the small-business segment, increased regulatory scrutiny that caused banks to tighten lending standards and the need for more internal approvals....

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BankTech

Where Is the Future of Mobile-Focused Businesses?

The importance of mobile Mobile technology has the potential to become the primary focus of businesses as customers tend to stick to convenience and seamless experiences wherever they are and whenever they want. The banking industry is no exclusion. Mobile-friendly interfaces didn’t complete the task of gaining loyalty, but mobile-first...

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Enabling Technologies

17 Companies Embracing Mobile Payments in the UK

SumUp is a European mobile point-of-sale (mPOS) company. With SumUp, merchants can accept credit and debit cards using their smartphones or tablets in a simple, secure and cost-effective way. CratePay allows customers to receive and send international payments by accepting payments from hundreds of countries and withdraw from bank accounts,...

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Authentication & Security

EVO & Verifone Partner to Smooth EMV Migration for Restaurants and Service-Oriented Merchants

Application enables post-authorization tip adjustments with EMV transactions LAS VEGAS – ETA TRANSACT '16 (Verifone Booth #620) – April 19, 2016 – At restaurants and other service-oriented merchants in the US, consumers are used to paying for their purchases and “tipping” by handing over their cards for authorization, and then...

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Enabling Technologies

$33bn Spent by US Businesses Each Year Due to Outdated Corporate Expense Systems, Says New Research

Exclusive new survey shows true cost of managing expenses for US businesses Total cost of managing expenses almost $33bn for leading US businesses $1m average annual costs for managing business expenses for businesses with +500 employees 90% of businesses report difficulties reconciling payments on cards used by multiple members of...

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BankTech

How Important Is Mobile Banking for Millennials?

Millennials constitute more than a quarter of the US population. That is why companies across industries are turning their priority and attention to creating products which can cater to this significant group. In addition to extensive representation, millennials are expected to spend more than $60 billion on CPG in the...

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Authentication & Security

15 Blockchain-Powered Wallets

Coinprism is a free online bitcoin wallet allowing users to store and create their own coin (by coloring bitcoins). Users can create, issue, send and receive these colored coins across the bitcoin network (for the price of a bitcoin transaction) to anyone with a bitcoin address, the same way bitcoins...

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