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Overview of the Payments Industry

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Banks That Have Implemented Social Media Payments Through Facebook and Twitter, Let's Talk Payments


Fintech in 2017: Automation Will Rule

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Editor's note: A longer version of this post originally appeared on LinkedIn. Without a doubt, 2016 was the year "disruption" became tangible. Events like Brexit and the U.S. election brought home the reality we are living in a fast-changing global society where a sense of anti-establishment and rebellion is accelerating change. This shows no sign of stopping in 2017, with new and existing technologies allowing institutions to ultimately offer more unique banking experiences. From my meetings with decision-making executives at the world's leading banks, here are the top five trends dominating their technology investment discussions: In 2017, several banks will undoubtedly take their first steps toward "conversational commerce," a term coined by Chris Messina of Uber to describe the future of messaging within apps.


Advisers, follow the fintech money

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Global fintech investment was essentially cut in half in 2016. With this stark shift, it might seem that fintech is taking a turn for the worse. But the reality is very different. In some markets, too much cash was chasing too few quality opportunities, driving valuations too high, and sending investors to the sidelines. But as the air is slowly released from this bubble, markets will correct, leading to lower valuations, driving more consolidations and acquisitions, and making room for more assets to move back in.


Fintech in 2017: Automation Will Rule

#artificialintelligence

Without a doubt, 2016 was the year "disruption" became tangible. Events like Brexit and the U.S. election brought home the reality we are living in a fast-changing global society where a sense of anti-establishment and rebellion is accelerating change. This shows no sign of stopping in 2017, with new and existing technologies allowing institutions to ultimately offer more unique banking experiences. From my meetings with decision-making executives at the world's leading banks, here are the top five trends dominating their technology investment discussions: In 2017, several banks will undoubtedly take their first steps toward "conversational commerce," a term coined by Chris Messina of Uber to describe the future of messaging within apps. In 2016, we already saw several leaders like Santander and Bank of America announce their plans for chatbots; however, 2017 is the year when the rebirth of this very old technology will come into its own.