Bank Innovation

MARCH 9, 2016

deal sizes in 2015, a new report from KPMG and CB Insights shows. Global fintech funding skyrocketed in 2014 and 2015, but tapered off in the fourth quarter of 2015, with the implication that 2016 won’t be so sweet, according to the report. Asian fintech deal sizes dwarfed U.S. But yesterday’s Ant Read More.

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PYMNTS

JANUARY 21, 2020

The question for the 2020s, and the focus of her remarks at the big show in New York last week, is about innovations itself — what is truly leading in innovation and what constitutes being a laggard? The latter is innovative; the former is, well, just a tweak. Testing Innovation . The answer, she noted, is complex.

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PYMNTS

JUNE 1, 2018

Between 2015 and 2017, the amount of lending to small businesses by the five leading online lending providers increased 50 percent, according to a new report from NDP Analytics, a Washington, D.C.-based billion in 2015. based economic research firm. Collectively, the amount of those loans reached $3.9 billion in 2017 from $2.6

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PYMNTS

JANUARY 28, 2020

CUs are also leveraging the latest technologies, including cloud computing, to continue fostering the relationships with their customers. Though cloud computing still has its teething issues, CUs are exploring a middle ground between public and private cloud servers to determine the best way to harness this technology. million in 2019.

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PYMNTS

OCTOBER 2, 2017

Since opening their first store in Palo Alto, California, in 2015, b8ta has aimed to offer just such an experience: the ability to snap up tech products that might otherwise be hard to find — and buy anyplace but online. And whatever retail technology they sell in terms of profit, they keep.

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PYMNTS

AUGUST 26, 2019

Pretty much everyone needs medicine at one or another, and that need is helping to drive retail innovation and attempts at disruption in the pharmacy business. The news represents the biggest round of store closures for Walgreens since 2015. But innovation efforts continue for retail pharmacy operations. Delivery Push.

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PYMNTS

SEPTEMBER 3, 2019

Two hundred and seventy-four years later, those words are the perfect framework for understanding what will define the next decade of innovation in payments and any ecosystem that touches it. Sometimes those innovations disrupted old models and players; other times they made them better and more efficient. The Invisible Innovators .

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PYMNTS

OCTOBER 12, 2018

The innovation economy requires more than caffeine and collaboration for fuel. WeWork also wants to make a bigger name for itself as an enabler of innovation. Its founders, three sisters from San Francisco, turned down Mark Cuban’s $30 million offer to buy the startup in 2015. Innovation Program. Innovator Awards.

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Perficient

MAY 26, 2021

In the session “Differentiating Your Brand for the Digital Era,” Scott will discuss how financial services companies can leverage digital technologies in new and innovative ways to create new value for consumers and businesses. The presentation will occur on June 10 at 4:00 p.m.

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Bank Innovation

MAY 22, 2019

INV Fintech, the sister accelerator to Bank Innovation, today announced the addition of nbkc bank as a member of its ecosystem. Currently in its seventh startup class, INV Fintech fosters innovation through information sharing, interactions and potential collaborations between startups, financial institutions and technology providers.

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PYMNTS

SEPTEMBER 14, 2017

One of the key reasons for the complicated relationship – the term “frenemies” comes to mind – is that FinTech newcomers are demonstrating innovative approaches to traditional banking practices, including financial management services and money transfers, while older banks tend to be wedded to older systems.

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PYMNTS

NOVEMBER 14, 2019

The latest example of the power of those digitally-enabled innovative efforts comes from online freight marketplace operator Convoy. Founded in 2015, Seattle-based Convoy is among the biggest operators of online marketplaces that match truckers with shippers needing to move cargo,” the report said. Rowe Price Associates. Uber’s Move.

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Abrigo

APRIL 14, 2017

Experts agree that while commercial lending is a critical banking service, it has been one of the least automated and technology-reliant aspects of banking today. A credit risk manager at one bank with $900 million in total assets estimated that her team received approximately 8,220 tax returns in the 2015 calendar year.

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PYMNTS

JULY 4, 2016

Over the past eight weeks PYMNTS has cast a weekly global spotlight on one of the many tech hubs fostering innovation and tech advancements across the world. s Technology ‘Hotbed’ Picks Up Steam. In 2014 alone, British technology companies received over $795 million in investments from U.S. In 2015, U.K.

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PYMNTS

AUGUST 31, 2017

With initiatives like the Faster Payments Task Force and the Secure Payments Task Force, the Fed is pushing for innovation and progress in the nation’s payments infrastructure and market. Two in particular, he said, are technology and payer habits. “It’s It’s a combination of both,” Sapenaro said.

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PYMNTS

AUGUST 13, 2019

The cross-border investment and asset management firm China Everbright Limited is leading a $283 million Series C1 funding round for Terminus Technologies, Deal Street Asia reported on Tuesday (Aug. Artificial intelligence provider Terminus Technologies will use the money for further development and additional staffing.

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Bank Innovation

DECEMBER 10, 2019

The firm, which closed a $250 million fund in 2015, primarily invests in business-to-business technology companies. Centana Growth Partners, a New York and Palo Alto, Calif.-based based growth equity firm, closed its second fintech valued at $375 million this week.

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CB Insights

JANUARY 6, 2019

One popular choice: retail innovation labs. Learn about the technologies, innovations, and strategies that retailers can leverage this holiday season. We’ve assembled a list of innovation labs from some of the most recognizable names in retail looking to disrupt their industries. Founded: 2015.

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PYMNTS

NOVEMBER 8, 2019

Innovations — some more fantastical than others — keep emerging, though. Last month, global payments solution SnapPay announced the rollout of facial recognition payment technology for North American merchants. The technology gives users greater convenience and security when shopping at mainstream retailers. Vein recognition?

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PYMNTS

JULY 11, 2016

India is becoming a new center stage for innovation in the corporate and small business accounting software space, analysts believe. “Technological advancements, rising integration of accounting software with various online applications, such as automated billing features, automated bank feeds, eCommerce websites, etc.,

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Bank Innovation

AUGUST 12, 2016

Citi Fintech launched in the fall of 2015 to build the bank of the future, but it has yet to release a product. Now Citigroup‘s innovation unit has lost its CEO. USAA announced today that Citi Fintech CEO Heather Cox was joining the bank as chief technology and digital officer, a new Read More.

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Gonzobanker

DECEMBER 22, 2015

Well, what do we say about 2015? And, give or take a stumble or two, we snuck through it and did a reasonable job on 2015 objectives, in our humble opinion. So, it seems we’re good with only one outstanding item—digest the 2015 GonzoBanker Awards! 2015 Executive Call-out. ” – Tom Armstrong. Not even close. .

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Bank Innovation

OCTOBER 12, 2016

APIs (application programming interfaces) are fast becoming integral to the banking world, but corporate culture has not yet caught up with the technology, according to data from a survey conducted by the Open Bank Project together with Bank Innovation.

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Celent Banking

OCTOBER 19, 2015

Here are mine: Banks are fully aware of the threat of posed by technology and are beginning to act on it. Two technology vendors I spoke to said that every single bank they met with asked about blockchain, an extraordinary change from six months ago when it was only beginning to be seriously discussed.

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blockchain Fintech Innovation Technology 100

PYMNTS

MAY 5, 2016

Now that Apple’s less-than-stellar earnings report has had time to propagate throughout the industry, the commonsense takeaway is that the company has lost a piece of the innovation mojo that has defined the brand for so long. Haters beware — Apple isn’t taking that criticism laying down.

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PYMNTS

FEBRUARY 7, 2017

Plaid Technologies, a startup that helps FinTechs like Venmo and Lending Club access their customers’ bank accounts, has raised $44 million in a Series B round of venture capital funding. According to a report , the venture units of Citi and Amex took part in the latest round of fundraising.

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PYMNTS

JULY 21, 2020

A panel established to grow the United Kingdom’s (UK) financial technology (FinTech) sector plans a review of the industry to identify opportunities for growth, the government announced Tuesday (July 21). billion) in venture capital and the market has been estimated to have grown by nearly 70 percent since 2015. billion pounds ($5.2

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CB Insights

SEPTEMBER 26, 2018

From the digitization of medical records to smart patient care platforms, technology is disrupting the healthcare industry. One solution: in-house healthcare innovation labs. We put together a list of healthcare innovation labs from new entries to the field, as well as some of the oldest — and most familiar — names in health.

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CB Insights

JULY 19, 2017

Corporate innovation is critical for established companies looking to stay relevant in the face of disruption from up-and-coming startups. With industries being unbundled left and right ( supermarkets , banking , cars — just to name a few) more companies are opening up in-house innovation labs every day. Technology.

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PYMNTS

JUNE 20, 2016

The week is getting off on just the right foot for the folks over at Plaid Technologies, who are announcing $44 million in new funding. Or, said more simply, Plaid provides an API layer that sits between banks and FinTech innovators who want to access bank account information for what they are doing and makes the connection possible.

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PYMNTS

MARCH 24, 2016

Deloitte’s latest research on procurement technology trends is out. According to researchers, technology is playing an increasingly prominent role in this goal, but there is still much progress to be made in the adoption of technologies within the procurement department, Deloitte found.

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PYMNTS

MAY 3, 2020

A lawsuit against Uber alleges that the company engaged in deceitful practices to drive its competitor Sidecar Technologies out of business in 2015, according to Reuters. The lawsuit by SC Innovations, Sidecar’s successor, has been allowed to go forward by Judge Joseph Spero in San Francisco.

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PYMNTS

SEPTEMBER 2, 2020

Insurance technology firm PasarPolis has notched $54 million in funding, with Xiaomi Corp., CEO Cleosent Randing told Bloomberg that some large insurance firms are over a century old and much innovation in the space hasn’t taken place. “As LeapFrog Investments Ltd. and SBI Investment among the backers in the Series B round.

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PYMNTS

JANUARY 22, 2018

More important, perhaps, than the innovations they made on behalf of their more famous lead players, was how their contributions accelerated those innovations’ time to market. Innovation in payments and commerce has an unsung hero, too. And who will influence how innovation happens. Distribution. And now, Amazon.

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PYMNTS

MARCH 5, 2017

percent in 2015. The report found that 32 percent of transactions used cash in 2015 and that demand for cash remains strong in the United States. Our partners, and 7-Eleven in particular, have always been very forward-thinking and innovative when it comes to this sort of payment technology market,” Kaplan said.

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PYMNTS

JANUARY 15, 2018

It also explains why some innovations in payments have been met with open arms by consumers and others given the cold shoulder. In 2015, these two researchers went back into the lab to dive deeper. Research that we did in 2015 on this topic then reported that nearly 60 percent of all searches related to commerce started in Amazon.

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PYMNTS

MARCH 18, 2019

That’s according to CoinDesk , which cited Gulru Atak, head of Citi’s Innovation Lab, as saying that after working on a cryptocurrency since 2015, the bank came to the conclusion that while the technology had potential, there were other ways to improve payments.

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