Bank Innovation

FEBRUARY 29, 2016

In a sign of the times in consumer lending, Auto Finance News today announced the launch of Auto Finance Innovation 2016, a new industry forum to explore the fintech revolution and how it is reshaping automotive lending and leasing.

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Bank Innovation

FEBRUARY 16, 2016

Silicon Valley is coming to banking? That happened long ago — just ask Silicon Valley Bank, a financial institution built to serve the world’s center of innovation. Few bankers can claim better knowledge of what the tech giants are up to. Startups, you say? SVB claims it banks a staggering two-thirds Read More.

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Chris Skinner

MARCH 22, 2017

I blogged a year ago about TechFin, the incumbents’ view of applying technology to existing banking services, versus FinTech which seeks to transform the financial system. TechFin is to rebuild the system with technology. In November 2016, Ant partnered with Thailand’s Ascend Money, which also runs a digital wallet service.

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Insights on Business

NOVEMBER 29, 2018

Operational innovation is vital in a highly competitive financial services sector, with a new community of digital banks and other firms vying for market share. In 2016, the IBM Institute for Business Value teamed up with the Economist Intelligence Unit to interview global bankers. Drivers for Operational Innovation.

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Bank Innovation

JUNE 15, 2016

Bank Innovation Israel 2016 registration has officially opened today. The only Western fintech event in Startup Nation, the 2016 Bank Innovation Israel will take place 1-3 November at the Dan Tel Aviv. The event is presented by Bank Innovation, one of the world’s leading fintech blogs.

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Bank Innovation

DECEMBER 23, 2016

Tom Blomfield, Monzo In this age of fintech-rules-it-all, nobody (hopefully) needs an explainer on what a neobank is. specifically has been an epicenter of the mobile-first banks, with Atom Bank, Starling Bank, Tandem Bank and Monzo as the main players. So why single out Monzo? Well, customer retention Read More.

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Bank Innovation

FEBRUARY 24, 2016

The panel of judges — Scarlett Sieber of BBVA; Sam Maule of Carlisle & Gallagher; Ryan Falvey of the Center for Financial Services Innovation; Matt Wilcox of Fiserv; and Phil Ryan of Bank Innovation — will decide which company is worthy of the “Best in Show” DEMOvation crown at Bank Innovation 2016.

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PYMNTS

JANUARY 27, 2021

Case in point: as Minna Technologies has noted, the average European consumes has 11 subscriptions in place — and the average household has 21 subscriptions. Founded in 2016 in Gothenburg, Sweden, Minna enables customers to manage subscription services via their bank’s app.

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Management Technology Cards Retail 181

Bank Innovation

FEBRUARY 16, 2017

Venture capitalists were not buying it last year. Venture capital-backed fintech companies in the U.S. saw a drop in both deals and funding volume last year. Fintechs raised $5.5 billion across 422 deals, compared to $7.7 billion (and 459 deals) in 2015 – a 29% drop, according to the Global Fintech Read More.

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Abrigo

OCTOBER 17, 2022

Roberts, who joined the company in 2016, is stepping back to focus more time on personal interests and passions. and in bank technology nationally. Through organic growth and strategic M&A, Abrigo has grown to be a leading player in the bank technology market, serving over 2,300 financial institutions across the U.S.

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Bank Innovation

DECEMBER 23, 2016

While the current technology allows for a fully automated portfolio management system, we saw a lot of the Read More. Partnerships, funding rounds, startups, acquisitions – robos have had a busy year.

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PYMNTS

OCTOBER 12, 2020

12) the company announced that it led a major offensive operation against one of the world's most notorious botnets. The target was systems linked to the dissemination of Trickbot, a botnet that has been used by some sophisticated players since late 2016 to deploy ransomware , especially in attacks on financial institutions (FIs).

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Bank Innovation

APRIL 14, 2017

Over the past two years, the transaction volume in the financial technology and information technology sectors remained relatively flat. According to the investment bank Berkery Noyes, there were 870 financial technology and information industry M&A transactions from the beginning of 2015 through to the end of 2016.

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PYMNTS

SEPTEMBER 14, 2020

The latest news has Walmart launching a drone delivery operation near the company’s headquarters in Northwest Arkansas. Walmart said in a news release that the trial deliveries will use Zipline technology. Zipline will operate from a Walmart store and can service a 50-mile radius, which is about the size of the state of Connecticut.”.

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Bank Innovation

JULY 7, 2016

2016 will likely see less investment in bitcoin and blockchain technology, but that is true for many other areas, as well. As the summer heats up, blockchain hype may (finally) be cooling down. This year to date has seen $161 million invested so far, while 2015 saw a total of Read More.

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blockchain Bitcoin Technology Operations 210

PYMNTS

MARCH 4, 2020

The paperwork and delays that employee expenses generate can strain any business’s operations. Barry Floyd, the firm’s chief financial officer, told PYMNTS in a recent interview that the company was particularly busy during 2016 and 2017, when Hurricanes Matthew and Irma hit the company’s home state of Florida.

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Management Technology Analytics Resources 141

Chris Skinner

JULY 13, 2017

This is forcing banks to replace systems that have been operating for three decades or more, and that is like ripping out the foundations of a building whilst ensuring the house doesn’t fall down. Compare that to the measly $112 billion in mobile payments in the USA in 2016, and you can see the difference. It is not easy.

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Bank Innovation

JUNE 21, 2016

That’s the word out of Digital Banking 2016 here, where bankers outnumber entrepreneurs (but not vendors). Since 2012, it has been the fastest growing technology in banking. NEW ORLEANS — Banking apps are out. The mobile banking app traces its roots to SMS banking back in 1999. But it comes with Read More.

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PYMNTS

JUNE 24, 2020

The B2B firm said it works with “leading money transfer operators, mobile wallet operators and financial institutions to facilitate digital transactions without borders,” and is regulated in more than 45 countries around the world. That’s up from $601 billion in 2016.

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Payments Fintech Course Operations 243

Bank Innovation

MAY 9, 2016

We can all agree Credit Karma, Chase Mobile, Bank of America, Wells Fargo, and PayPal aren’t leaving the Top Ten on App Annie anytime soon. But ratings and rankings aren’t everything — there’s also the cool factor. How easy is the app to use? Does it makes us feel good (even Read More.

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America Mobile US social media 150

Bank Innovation

FEBRUARY 23, 2016

When we think of cool, James Dean doesn’t immediately come to mind. The app Songsterr does. We are proud fintech nerds, and for five years we have marked the Coolest Brands in Banking on Bank Innovation based not on the type of sunglasses worn by a CEO, but on the Read More.

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PYMNTS

NOVEMBER 20, 2020

According to Loadsmart, examples include “truckload instant pricing and booking in 2015; server-to-server autonomous truckload booking via API and TMS integrations in 2016; and drayage and transload digital services in 2019.”. Loadsmart’s financial adviser on the deal was Goldman Sachs, while Paul Hastings handled the legal work.

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Bank Innovation

MARCH 10, 2016

Sometimes realism and pessimism can be the same thing. The 900 startups featured in Silicon Valley Bank’s seventh annual Startup Outlook report, released today, largely agree they face a challenging fundraising situation in the year ahead. Another major problem? Finding the talent to build products.

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PYMNTS

JULY 30, 2019

Such tools are no longer at the far reaches of the universe, and today’s technologies would make the Enterprise’s crew feel right at home. Wingstop, a fast-casual buffalo wings chain with 1,031 locations worldwide, tends to be an early adopter for new technologies. Orderscape is also working on voice-activated ordering technologies.

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Technology Mobile Google Software 119

PYMNTS

MARCH 1, 2018

28) reports by the Global Trade Review , the bank’s senior innovation manager, Joshua Kroeker, held a media call and announced that after developing the trade finance solution for about two years, HSBC is “confident enough to actually do a live transaction” using its blockchain technology. The technology has come a long way.

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PYMNTS

JULY 25, 2017

Technological advances are pushing the boundaries for what’s possible in a variety of industries. Within the retail industry specifically, artificial intelligence (AI) is moving the ball for a lot of merchants looking to not only streamline their business operations but provide a more personalized experience for consumers.

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Fraud Online Retail Maine 196

PYMNTS

FEBRUARY 25, 2020

These three main segments of the Fleet Solution are said to provide better control over operations and increased protection against fraud. Fuels are formulated with dual detergent technology called Dynaflex. billion in 2016 and is projected to grow at a rate of 7.6 billion in 2016 and is projected to grow at a rate of 7.6

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Bank Innovation

APRIL 15, 2016

Today Breaking Banks hails the world from the Innovate Finance Global Summit in London, where Liz Lumley hosts. FinTech is changing the nature of finance and money. Thus it’s no surprise that Innovate Finance, a phenomenon at the very heart of the UK fintech scene, gathered the most exquisite luminaries from Read More.

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Chris Skinner

JULY 25, 2017

Photo credit: Ady Agustian, 2016 CGAP Photo Contest Plenty of transactions are already offered for free. Avoiding intermediaries to access this basic infrastructure brings operational savings, ultimately lowering costs. Let’s entertain this idea for a moment. What would it take to accomplish?

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ATM Bitcoin Retail blockchain 274

Accenture: Banking

JUNE 7, 2017

trn in 2016, and is poised to grow at ~19% CAGR up to 2020¹. Advances in technology have led to the proliferation of alternative payments methods, which are making financial interactions easy, quick and secure. Source: Worldpay Global Payment Report 2016. Global eCommerce reached $1.9

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Payments Strategy Cards Maine 232

PYMNTS

FEBRUARY 13, 2017

Enterprise cloud adoption is reaching new heights thanks to maturity of the technology and newfound trust among corporates of cloud infrastructure. 13), uncovers some promising trends for cloud technology in the enterprise: Greater trust in the tech overall, especially in public cloud infrastructure, are both apparent in the survey’s results.

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PYMNTS

MAY 29, 2018

is looking to buy NSO Group, an Israeli company that sells military-grade technology, for around $1 billion. At the time, an NSO spokesman said that NSO doesn’t operate its systems and requires customers to use them lawfully “for the prevention and investigation of crimes.”. software company Verint Systems, Inc.

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PYMNTS

SEPTEMBER 23, 2020

The deal comes after a number of years of formidable expansion and innovation for the vision company that AEA Investors bought in 2016, according to the announcement. Roompot , which was started in the Netherlands’ Zeeland region 55 years ago, is among the biggest holiday parks and campsite operators in Europe.

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Bank Innovation

APRIL 28, 2016

Bank Innovation INV, this blog’s fintech accelerator, is pleased to today to announce the six extraordinary startups that have been admitted to its inaugural class.

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Innovation Security Fintech Company 150

PYMNTS

DECEMBER 6, 2020

MonetaGo , which specializes in blockchain technologies, and GUUD Company , which focuses on making international trade smooth, have teamed up on international financial transaction security, MonetaGo announced in a press release. Both companies are based in Singapore.

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Security Fraud Regional blockchain 205

Bank Innovation

FEBRUARY 15, 2017

2016 was a tumultuous year for the online lender. Lending Club may be back on track with banks, but not soon enough to help its fourth quarter results. The company set high goals for the fourth quarter, including its determination to generate $2 billion in loans. The lender’s very narrow miss of Read More.

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PYMNTS

OCTOBER 14, 2019

Payroll and human resource management solution provider Paychex has unveiled a range of new solutions and services at the 2019 HR Technology Conference & Exposition event late last month. The capability, which will go live early next year, will operate on an unnamed real-time payment network rail, Paychex noted.

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Payments Strategy Conference Analytics 191