Weekly Coffee Break: Roundup of Industry News

Weekly Roundup of Industry News

This is a roundup of industry news and links for the week of November 6th that have informed, entertained, and inspired us.

Here’s our weekly roundup of industry news:

Is Google Exploring Fintech Options? – An article on Bank Innovation explores whether Google’s mobile expansion points to larger fintech ambitions for the company.

Where Fintech Is Headed in 2018 – Does it seem too soon to bring up the fate of fintech in 2018? For companies whose entire livelihood depends on the future of payments, it’s never too soon to talk future. This is an industry that stands to gain everything from emerging technologies such as blockchain and the game-changing power of AI. Banks, meanwhile, could stand to lose. It will be interesting to see where the pieces land in 2018.

Top 10 Trends Impacting the Future of Payments – The way people make payments is changing faster than any area of financial services, impacted by the changes in digital technology, competitive forces and consumer demands. Understanding the trends in payments is important for any bank or credit union wanting to serve the complete financial needs of consumers.

Is the Bank of Amazon Coming? OCC Head Floats Merger Between Commerce and Banking – It might be time to take another look at the regulations that keep banking companies separate from other commercial activity, Acting Comptroller of the Currency Keith Noreika said during an industry conference yesterday.

The divide between the two industries has historically protected consumer money from being used in “risky,” non-bank enterprises, but it has also protected banks from losing those customers to an Amazon, a Facebook, or an Apple.