Author: hjenkins42
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Fintech Startup Showcase: With Ownwell, Proptech Meets Taxtech
The convergence between the complexities of property management and property taxation has produced more than its fair share of headaches for commercial and residential property owners alike. Fortunately, fintech innovation in the form of Ownwell exists to help these property owners save money when it comes to paying property taxes. “Property owners have a lot…
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Payments, originations drive NCR’s skyrocketing digital banking growth
Digital payments and loan originations are driving revenue transformation for NCR Corp., which is known originally as a provider of automatic teller machine (ATM) and point-of-sale hardware, as the company advances its software-as-a-service (SaaS) migration plans. For the first quarter, Atlanta-based NCR’s payments and network revenue skyrocketed nearly 1,260% year over year to $299 million…
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Listen: Banks facing ‘inevitable’ journey toward the cloud
The level of security and service that cloud infrastructures provide makes it an inevitable technology for banks and financial institutions. Questions around operational control and security capacity dominated the cloud conversation prior to the pandemic, but the ensuing upheaval caused many banks to reexamine their processes, Narendra Mistry, chief product officer, international digital banking at…
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Inside Look: Scotiabank’s tool for designing AI models
Scotiabank is fine-tuning a new tool to help guide the bank’s artificial intelligence (AI) ethics. The $976 billion Toronto-based bank has been working with Deloitte to refine the tool, called “Ethics Assistant,” since last year, but only recently made its use public knowledge. The solution is built on top of a Deloitte tool currently in…
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Apple hit with EU antitrust complaint over iPhone payments
Apple Inc. was hit by a formal antitrust complaint from the European Union over how it handles iPhone payment services, an area where regulators say the tech giant favors its own technology over rival platforms. A sticker advertises Apple Pay as an accepted payment method at a restaurant in Norwich, U.K. Photographer: Chris Ratcliffe/Bloomberg The…
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Decisioning data crucial for Chase risk management strategies
SAN DIEGO — Data and analytics go hand in hand with risk management in today’s digitally-driven auto finance market, making it crucial for auto lenders to rely on the right data for their decisioning, Chase Auto Chief Risk Officer Ajit Nalla, said Tuesday during a fireside chat at the Auto Finance Risk Summit. “It’s important to have the best…
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Whose eyeing your wallet? Blind regulators
Scanning this week’s news there were a few stories that caught my eye. The Central African Republic has adopted bitcoin as legal tender, becoming the second country in the world to do so after El Salvador. To say that this is big news is an understatement. Oddity, a D2C makeup company, is offering a security token…
