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JPMorgan Chase To Open UK Digital Bank By Year’s End

PYMNTS

customers with high-interest rates for savings accounts, and then lowering its group funding costs that way. Currently, he works as a non-executive director at the JPMorgan Securities PLC, one of the bank’s primary European legal arms. bank Goldman Sachs launched a digital bank called Marcus in the U.K. billion) in the U.K.

Banking 102
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Herman Miller On Tapping Automation To Thwart Fraud Threats

PYMNTS

One recent study found that new customer accounts now represent 30 percent of all transactions made online, for example, five times as many as they did prior to the crisis. Failing to properly secure consumers’ online payments can have costly consequences for merchants that are also trying to meet the need for more payment variety.

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Morgan Stanley Sees Potential In Instagram eCommerce Future, Raises Facebook Target

PYMNTS

We see large and small brands/retailers leveraging Instagram’s leading reach, data, and ‘browsing/aspirational’ behavior to grow their online businesses.”. Security firm UpGuard posted about the news on April 3. “We are bullish on Instagram’s commerce opportunity.”.

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Securing The New Commerce Normal

PYMNTS

For all that has changed dramatically in the last several weeks due to the coronavirus pandemic, consumers are still looking for the same two core offerings in every transaction, no matter what it is or where it takes place: seamlessness and security. An awful lot of other things have changed all around that core, however.

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Can FinTech Walk The FinTalk?

PYMNTS

Most of that spend will be concentrated in the U.S., trillion; on security-related hardware, software and services at 10 percent a year from a 2018 base of $91.4 They’re also using software and cryptographic techniques and permissioned-based networks to digitize and move assets around the world faster and in a secure, compliant manner.

Banking 73
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François Masquelier (Simply Treasury): Small is Beautiful

Simply Treasury

Paradoxically, "retail" developments are often faster and more intense than "corporate" developments, notably for reasons of security and integration into the IT systems of large companies. There has been an explosion of Fintechs serving retail and exceedingly small “SMEs” in the last decade. No one can explain it.

Treasury 130
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Apple Pay’s Tough Twenty Months

PYMNTS

After you take into account both who has adopted the service, and how often people who have adopted it use it, the numbers have barely moved over 20 months: roughly speaking, only one person in 20 who have the service use it when they can, 19 out of 20 people who have the service don’t even bother. Solving The Wrong Problem.

Numbers 66