Bank Innovation

APRIL 5, 2017

More than 15 million people were affected by identity fraud in the U.S. last year, according to a recent study by Javelin Strategy & Research. The identity fraud incidence rate increased by 16%, a record high since the company began tracking identity fraud in 2003.

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Bank Innovation

DECEMBER 23, 2016

Harit Talwar, Marcus Goldman Sachs has long been known as an enthusiastic investor in fintech (or just tech) startups, with companies like Circle, Cadre, Financeit, Oscar and even Uber. But this year, the company shifted from being a mere investor to joining the fray as a fintech player, announcing Read More.

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Bank Innovation

DECEMBER 22, 2016

Blockchain—possibly the buzziest of buzzwords in 2016. The world saw the rise of new enterprise blockchains, how the technology might be used to transport gold, to safely move perishable items like pork through a supply chain, and most importantly for those of us in the fintech trenches, we saw banks, Read More.

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Chris Skinner

DECEMBER 19, 2016

2016-12 Digital Asset Holding Non Technical … The post The best FinTech research of 2016 appeared first on Chris Skinner's blog. Thanks to Oliver Bussmann’s blog, I can now provide you with a list of the best research released on Fintech this year.

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Perficient

JUNE 22, 2020

Most recently, he was named Search Personality of the Year (2018) by the Drum US Search Awards, Search Personality of the Year (2016) by the US Search Awards, and Search Marketer of the Year (2016) by the Search Engine Land Awards. His work and contributions to SEO have been recognized by the industry multiple times.

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Bank Innovation

OCTOBER 17, 2016

This is according to Bank Innovation’s annual State of Banking Innovation survey for 2016, Read More. Mobile banking is the most valuable area of innovation when it comes to consumers, say banks and credit unions—which is probably why that’s the area these institutions are spending the most money on trying to innovate.

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Chris Skinner

JANUARY 23, 2020

According to Embroker: In 2016, 69% of U.S. Although most businesses fail in their first year, it is quite incredible just how many start-ups there are around the world doing something interesting with technology. entrepreneurs started their business at home. In 2018, there were 145 “active unicorns” in the U.S.

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Chris Skinner

MAY 4, 2017

For example, Techcrunch lists just 20 (+1) FinTech Unicorns today: ANT Financial $60B (Feb 2017) Lufax $18.5B (Jan 2016) Stripe $9.2B (Nov 2016) ZhongAn $8B (Jun 2015) JD Finance $7.1B (Jan (..)

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Bank Innovation

AUGUST 17, 2017

in 2016, according to a recent report by PULSE. According to the 2017 Debit Issuer Study released earlier this week, debit card transactions were at a record high in 2016, with 23.6 Mobile wallets may be all the buzz, but debit cards were still the most popular of payment method in the U.S. transactions per […].

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Bank Innovation

DECEMBER 30, 2016

For the last episode of the year, Brett King hosts a group of Fintech all-stars — Chris Skinner, Jim Marous, Dave Birch, Ghela Boskovich, and Penny Crosman to review a bit of 2016 and talk about the trends and predictions for 2017. What’s Next?

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Payments Dive

MARCH 17, 2017

If 2015 was a defining moment for mobile use in retail, then 2016 showed the industry what is possible as merchants continued to fine-tune their app experiences for consumers. And they will continue along that path well into 2017 and beyond.

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PYMNTS

DECEMBER 23, 2020

Between January 2016 and August 2019, the CFPB said it discovered numerous “systemic errors” that could have lowered consumers’ credit scores, such as the wrong date an account first became delinquent, according to a consent order. The agency said the lender knew something was wrong as early as September 2016.

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Bank Innovation

MARCH 9, 2017

2016 was a big year for Blockchain. The hype around Blockchain was palpable, and we saw news from all around the world about various initiatives picking up steam. While this entry is not meant to provide a comprehensive state of *all* of the consortiums out there, I am attempting to capture the ones that seem […].

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PYMNTS

JUNE 29, 2020

In the ongoing scandal of Wirecard , under fire for fraud, the focus is now turning to auditors Ernst & Young (EY), which reportedly failed to report Wirecard’s “unorthodox financial arrangements” as far back as 2016, The Wall Street Journal (WSJ) reported.

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Chris Skinner

JULY 3, 2017

There are almost 20 million users of mobile banking across the UK in 2016, making 159 logins every second. million customer-to-bank contacts made using web chat in 2016 – 510 every hour. Video chats are also growing in popularity, up 92% during 2016. Video chats are also growing in popularity, up 92% during 2016.

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Chris Skinner

OCTOBER 4, 2017

It also usually proves to be one of the most read items on my blog – here’s the 2015 and 2016 reports – so, as … The post The top trends in retail banking innovation appeared first on Chris Skinner's blog.

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Bank Innovation

NOVEMBER 25, 2019

Roady, who has been on MoneyLion’s board of directors since 2016, was previously a founding partner at GAIN Capital and president of its global retail brokerage business. Personal finance, banking and investment platform MoneyLion has named Samantha Roady chief operating officer as it makes moves to expand its customer base.

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Bank Innovation

JANUARY 29, 2018

The move is an expansion of the partnership the companies inked in 2016, when Huawei Pay was first launched. UnionPay International, a subsidiary of China UnionPay, has partnered with telecoms company Huawei Technologies to launch mobile payment service Huawei Pay across global markets, beginning with Russia.

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Bank Innovation

OCTOBER 20, 2017

It’s not just media buzz: a report by CBInsights shows that since January 2016, over 250 blockchain-focused firms have completed ICOs, with more than […]. There’s no denying the blockchain phenomenon, or that of Initial Coin Offerings (ICOs). But it seems like ICOs are surfacing in the media more and more with every passing the day.

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Bank Innovation

JUNE 29, 2017

Free credit reporting company Credit Karma reported more than $500 million in revenue in 2016 — a 50% increase compared to the prior year — hitting 70 million members since the launch of its flagship product — credit monitoring — in 2012, the company announced this week. What’s the secret to its success?

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Bank Innovation

MARCH 16, 2017

billion in 2016, up almost 20% from the year prior. Payments services provider Vantiv becomes the largest U.S. merchant acquirer, beating FirstData for the first time in 20 years. According to Nilson Report, released this morning, Vantiv increased purchase transactions to 21.2 FirstData came in second, logging in 19.8 billion transactions.

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Chris Skinner

JANUARY 3, 2017

So, having reviewed whether mine were right or wrong at the end of 2016, my first blog for 2017 is to make 10 predictions for 2017. There are lots of predictions being made for 2017. After all, it’s that time of year.

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Bank Innovation

AUGUST 15, 2018

National Australia Bank set up its own alternative lending arm called QuickBiz Loans back in 2016. Large banks, e-commerce moguls like Amazon and eBay and tech firms are likely to enter the alternative lending space, and soon, according to Eden Amirav, co-founder, and CEO of startup LendingExpress. Over the […].

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Chris Skinner

DECEMBER 14, 2017

Released in 2016, I thought it would be some frivolous Trekkie’s drooling over the wonder of the Federation’s … The post The economics of our future world appeared first on Chris Skinner's blog.

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Bank Innovation

JANUARY 14, 2020

Shopify, which has been offering loans through the Shopify Capital program to merchants on its platform since 2016, is rolling out starter loans to support businesses at their earliest stages of development, explained […]. businesses.

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Chris Skinner

MARCH 13, 2018

In November 2016, Prime Minister … The post PayTM and India Stack is turning the country cashless fast appeared first on Chris Skinner's blog. I’ve just spent a few days in India and the inevitable discussions around Aadhaar, UPI, demonetization and more came around.

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Perficient

FEBRUARY 23, 2021

Its popularity climbed in 2016. Welcome to my Docker Bootcamp blog series. D ocker was created in 2010 and launched in 2013. At the most basic level, Docker helps developers build and ship apps (hence the clever logo). While I’m a little late to the Docker party, I finally had time to sit down and learn the tool.

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Chris Skinner

FEBRUARY 16, 2018

billion poured into fintech startups in 2017, Accenture reports, up 18% from 2016. I was sent a nice list of the Top 50 FinTech firms selected by Forbes. They introduce it as follows: Worldwide, $27.4 appeared first on Chris Skinner's blog.

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Bank Innovation

JANUARY 26, 2018

launched its Marcus digital bank in late 2016, the conventional wisdom was the investment bank wanted to expand into retail banking. EXCLUSIVE— When Goldman Sachs & Co. But, apparently, that’s not the whole story. Marcus, it seems, is an asset pricing play, Goldman’s CEO implied yesterday.

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Bank Innovation

MAY 21, 2018

million in 2016. Banks lost $16.8 billion to fraudsters last year, according to a Javelin report, and the number of U.S. customers victimized by such attacks increased to 16.7 million, up from 15.4 Protecting customers is paramount for executives. A global study […].

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Perficient

JUNE 17, 2020

Apache Sling RepoInit has been a feature of Apache Sling since 2016, but historically has been used for base repository initialization as a part of slingstart / launchpad starter, not for project-level repository initialization. Recently though, another solution has come to the fore for configuring the initial repository state.

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Bank Innovation

FEBRUARY 9, 2018

EXCLUSIVE – Canada is on a five-year plan to revamp its payment infrastructure, as of 2016. Bank of Montreal has tapped real-time solutions provider ACI Worldwide to prepare it for these changes, Bank Innovation has learned. For the U.S., BMO is working with the Naples, Fla.-based

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Bank Innovation

NOVEMBER 1, 2019

Indian digital payments took off when the government pushed demonetization in 2016, invalidating most of the country’s high-value currency notes in […]. A payments platform created by India’s largest retail banks surpassed a billion transactions in October, a milestone that affirms the tremendous growth of services offered by U.S.

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Bank Innovation

MARCH 8, 2018

Investors in the new round for the fintech, which was one of the first to gain a full banking license after its launch in 2016, include payments processor Visa.Read More. Berlin-based solarisBank has raised about $70 million (€56.6

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Bank Innovation

FEBRUARY 2, 2018

Danish credit card fraud significantly increased in 2016, Bloomberg said, and reports of online fraud in the country have increased 300% from reports in 2009. […]. As online banking becomes more popular, countries are grappling with cybersecurity.

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Bank Innovation

SEPTEMBER 27, 2019

To Novo, which was founded in 2016 and so far has signed on “a […]. This week, digital-only Novo integrated with money transfer service TransferWise to allow its clients to send money across borders through Novo’s mobile banking platform.

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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. In 2015, 62% of survey respondents indicated corporate culture and bureaucracy Read More.

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