JPMC embraces crypto for real time payments, Alibaba bids on physical stores in China, Equifax data breach was spy job say experts

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February 15, 2019

PODCAST: Bank Transformation

Diebold: Why Bank Branches Need To Move Beyond The Transaction

Data on how customers feel about going to a bank branch reveals a curious dichotomy: They love the ease and speed of mobile banking, but say they like visiting the physical branch. What’s the rub? In a new podcast, Diebold Nixdorf VP Heather Gibbins tells Karen Webster that there’s none — and why it’s up to the banks to adapt their branches to do a lot more than just “transact” with their customers. Listen In.

 

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FI/FinTech Collaboration

Open Banking And FinTech Firms: To Clash Or Collaborate?

With Open Banking in the U.K. a reality, it’s bringing far-flung financial data and services to a single point of interface for consumers. To get that done (and to get to know the customer intimately), collaboration’s the name of the game, says Bud’s Head of Network and Partnerships Alan Walsh. Here’s how the FinTech sees the road ahead, and where it will spend $20 million raised by investors.

 

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Cryptocurrency

JPMC Embraces Crypto For Real-Time Payments — Ripple Says It’s Not Worried

In a move that caught many by surprise, given CEO Jamie Dimon’s long and colorful history of quotes on bitcoin, JPMorgan Chase (JPMC) announces the launch of its own blockchain-backed cryptocurrency — dubbed the JPM Coin — for institutional clients looking to transfer funds in real time. Ripple says it’s not worried. We break it down.

 

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Subscription Commerce Tracker™

How Scribd Turns The Page On eBook Subscription Fatigue

Like meal kits and box-of-the-month clubs, subscription fatigue also hits digital bibliophiles, frustrated by monthly reading limits built into their plans. This friction, says Scribd CEO Trip Adler, is what's prompting the platform to offer unlimited digital content with additional perks. In the new Subscription Commerce Tracker, Adler explains how the company is bundling services to turn the page on a problem that plagues the $14 billion eBook industry.

 

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