2017 Innovators to Watch: 44 Executives Shaping the Future of Banking
Bank Innovation
JUNE 12, 2017
2017 was a tumultuous year, but despite some stops and starts, innovation in finance is only gaining more momentum.
2017 Innovation Online 
10 Most Innovative CEOs in Banking 2017
Bank Innovation
SEPTEMBER 27, 2017
2017 has been a […]. Challengers to traditional banking, payment, and loan products have all launched this year, and FIs are fighting fraud, hacks, and scams with an increasing number of biometric security measures.
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6 Innovation Ideas for 2017 and Beyond
Bank Innovation
MARCH 16, 2017
What’s keeping bankers awake at night in 2017 – and what’s helping them leap out of bed in the morning, ready to help make customers’ financial dreams come true? We got a glimpse of this at Bank Innovation 2017, our invite-only event in Silicon Valley earlier this month. (If If you missed the action and are […].
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Kasisto Announces KAI Insights at Bank Innovation 2017
Bank Innovation
MARCH 6, 2017
The conversational AI company today announced KAI Insights, a data-driven service that will be integrated into its KAI for Banking platform, during the Bank Innovation 2017 event taking place in San Jose, Calif. Kasisto wants to make proactivity the norm when it comes to banking.
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10 Most Innovative CEOs in Banking 2018
Bank Innovation
FEBRUARY 28, 2018
EXCLUSIVE – Everything in banking is changing: fintechs are solidifying their place in the financial ecosystem, as challenger banks, online lenders, and blockchain technology providers become essential functions to keep the industry moving forward.
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What’s the State of Banking Innovation in 2017?
Bank Innovation
SEPTEMBER 27, 2017
What is the state of banking innovation today? Fintech funding has grown tougher for startups, but banks’ balance sheets are looking stronger– what does it mean for innovation? Each year, we poll the industry to find out.
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Top 15 Bank Video Ads of 2017
Bank Innovation
NOVEMBER 28, 2017
Which banking advertisement will you remember best from 2017? Here at Bank Innovation, we have our picks: as we do annually, we have ranked the top banking ads of the year. The 15 videos below were not chosen based on the number of viewer impressions or any other form of data-driven measurement, but were selected […].
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299 Silicon Valley’s Lead in Innovation Centers is Shrinking
Bank Innovation
DECEMBER 15, 2017
If it feels like innovation has been one of the hot themes of 2017 in the financial world, it’s because its true. A new report shows that despite many companies struggling to maintain a culture of innovation, financial services companies are among the top three industries getting it right.
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Braintree CTO to Do Fireside Chat at Bank Innovation 2017
Bank Innovation
JANUARY 6, 2017
Juan Benitez, general manager and chief technology officer of Braintree, a PayPal subsidiary, will participate in a fireside chat at Bank Innovation 2017. Bank Innovation 2017, March 6-7 in San Jose, Calif., will feature dozens of speakers on investing in innovation, chatbots, open banking ecosystems, blockchain and more.
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186 Bank Innovation’s Picks for Top 5 Trends in Fintech in 2017
Bank Innovation
DECEMBER 19, 2017
EXCLUSIVE — The year of 2017 has been marked with more than a few good and not-so-good trends: but we’ll stick to fintech.
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What is the State of Banking Innovation in 2017?
Bank Innovation
JUNE 8, 2018
What is the state of banking innovation today? This year, the pressure for banks to innovate is high, as banks no longer […]. Each year, we poll the industry to find out.
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FinTech: $6.5 billion invested in first half of 2017
Chris Skinner
JULY 26, 2017
Innovate Finance has just published their report on the first half of 2017, and the investments made in FinTech. Billion in H1 2017 –with UK investment up 37% reveals Innovate Finance H1 2017 saw 787 deals globally, attracting $6.5 Global VC FinTech investment attracts $6.5 billion of investment compared with $7.0
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Ripple’s Focus on Innovation Is a Win for Banks
Bank Innovation
APRIL 27, 2017
Ripple is taking strides to expand its network–and its technology offerings–in 2017. According to Asheesh Birla, vice president of product for the enterprise blockchain solutions provider, this year “is all about expansion” to new clients, countries, and markets.
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Citi Pay Rolls Out Abroad, U.S. Launch Planned for 2017
Bank Innovation
NOVEMBER 10, 2016
Citigroup today announced another digital wallet for payments, Citi Pay, to enable payments in-store, in-app, and of course online. launch planned for early 2017. The service will be rolling out to Citibank customers in Australia, Singapore, and Mexico later this year, with a U.S. Few banks are as global as Citi.) Barry Read More.
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247 Meet the New Technologies Demoing at Bank Innovation 2017
Bank Innovation
FEBRUARY 6, 2017
Companies from a wide range of fintech are finalists in the demo contest at Bank Innovation 2017, the event announced today. A total of 12 companies will demo at Bank Innovation. The finalists were chosen from applicants from around the world. The winning startup will be named Best in Show. Read More.
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How Video Games Are Helping Retailers Grow And Innovate
PYMNTS
SEPTEMBER 12, 2019
Video games are helping to drive retail innovation and growth, and that includes the hot area of subscription commerce. This is only part of the innovation trend stemming from video games. Consumers are buying Tilly’s products online, as digital growth was up 22 percent in 2018.
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JPMorgan Chase’s Adam Carson to Do Fireside Chat at Bank Innovation 2017
Bank Innovation
NOVEMBER 28, 2016
will participate in a fireside chat at Bank Innovation 2017. Bank Innovation 2017, March 6-7 in San Jose, Calif., will feature dozens of speakers on investing in innovation, chatbots, blockchain and more. Adam Carson, managing director, global technology strategy & partnerships at JPMorgan Chase & Co.,
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150 Bitcoin Joins American Express and PayPal on 2017 List of Social Media Darlings
Bank Innovation
JANUARY 24, 2018
American Express is the “most-loved” financial service on social media in 2017, according to a recent report, followed by PayPal, Vanguard and bitcoin. NetBase examined 55 brands across sectors including banking, credit cards, investment banking, payment services, insurance, online lenders and crypto.
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Corporate Culture and Lack of Understanding Hinder API Adoption at Banks
Bank Innovation
JUNE 26, 2017
For the third consecutive year, Bank Innovation has teamed up with Open Bank Project and (this year) the University of Warwick, to conduct a research survey on how financial institutions worldwide are prioritizing API initiatives in 2017.
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Proper Use of Chatbots, IoT Could Bring Trust Back to FIs
Bank Innovation
MARCH 10, 2017
. — Chatbots and IoT could reach the fullest impact on the banking world by working within the existing financial infrastructure, instead of trying to disrupt it, according to an expert panel at Bank Innovation 2017.
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334 Finovate Fall 2017 Day Two: Biometrics, Artificial Intelligence, and APIs
Bank Innovation
SEPTEMBER 13, 2017
Finovate Fall 2017 continued its second day of demos with financial service companies showing off everything from biometric solutions for traders, to how to program an old gumball machine to accept mobile payments.
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Finovate Fall 2017 Day One: Data Analytics, ID Verification, and Cybersecurity
Bank Innovation
SEPTEMBER 12, 2017
Finovate kicked off its 2017 Fall conference with demos from about 40 financial technology companies on its first day yesterday in New York.
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Facebook Global Director to Talk Payment Partnerships at Bank Innovation
Bank Innovation
FEBRUARY 16, 2017
Kahina Van Dyke, global director of commerce & payment partnerships at Facebook, will be a featured speaker at Bank Innovation 2017, which takes place in San Jose on March 6-7. Van Dyke will participate in a fireside chat at the invitation-only event. Facebook has a market capitalization of $384.5 Read More.
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Things worth reading: 5th December 2017
Chris Skinner
DECEMBER 4, 2017
Things we’re reading today include … Brazil’s first online bank ramps up innovation Behind the rusty vault doors of an abandoned Alabama bank The survival hopes of big banks may rest on machines Big banks putting UK’s free-to-use ATM network at risk, warns peer Mastercard to repurchase up to $4 … The post Things worth (..)
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Marcus from Goldman Sachs Surpasses 2017 Goal
Bank Innovation
NOVEMBER 15, 2017
EXCLUSIVE- Online consumer lender Marcus by Goldman Sachs has reached its annual goal for loan originations. Martin Chavez, chief financial officer for Goldman Sachs, showed in a slideshow at a Bank of America Merrill Lynch event yesterday that Marcus had already surpassed $1.96 billion in originations as of Nov.
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11 Ways Fintech and Banking Will Change in 2017 Page 3
Bank Innovation
DECEMBER 10, 2016
“The use of Artificial Intelligence to anticipate the customer’s needs will be an area of growth not only in 2017 but throughout the foreseeable future. AI Anticipates Customer Needs Andy Hernandez, Head of eBusiness, Regions Financial Corp. Simply put, we want to break down barriers for customers by consistently Read More.
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Survey: What Are Your API Priorities?
Bank Innovation
APRIL 11, 2017
For the third consecutive year, Bank Innovation has teamed up with Open Bank Project and (this year) the University of Warwick, to conduct a research survey on how financial institutions worldwide are prioritizing API initiatives in 2017. Is your financial institution working on API initiatives? Tell us more!
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What Innovators Can Learn From Netflix
PYMNTS
SEPTEMBER 14, 2020
But the one thing that might work is taking a page from the innovation playbook that Netflix seems to have written and followed over the last 22 years. In 2017, Netflix was reported to have had as many U.S. In the book, he freely admits that his formula might not work for every company. I Don’t Want To, But I Have To’.
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245 Will Bitcoin End 2017 at $10,000?
Bank Innovation
NOVEMBER 23, 2017
EXCLUSIVE—All eyes are on bitcoin as 2017 draws to a close: will the notoriously volatile cryptocurrency end the year at a $10,000 value? Like most things in cryptocurrency, this is debatable: on the one hand, bitcoin’s current climb — the currency passed $8,000 earlier in the month — is giving the $10K camp plenty of […].
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Americans Feel Positive About Fintechs, But Still Won’t Leave Their Banks
Bank Innovation
OCTOBER 11, 2017
A majority of American consumers want to do their banking online, and think that physical financial institutions are moving to their end as well as agree that larger banks don’t innovate fast enough for new customer needs.
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One-Third of Monthly Transactions for FIs and Online Lenders Are Fraudulent
Bank Innovation
SEPTEMBER 11, 2017
Fraud remains a significant problem for financial services to solve, especially as digital and online banking becomes more prevalent in the industry. For the average FI and online lender, approximately one-third of all monthly transactions will be fraudulent.
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199 Wells Digital Guru Talks Innovation Groups, AI, and Banking’s ‘Uber’ Moment
Bank Innovation
MARCH 13, 2017
How do you choose where to focus your innovation team? Marie Floyd, senior vice president of digital customer experiences for Wells Fargo, has some tips. Floyd, who joined Wells Fargo in 2015, has worked in the tech industry for more than 30 years, and for companies like Intuit, eBay, and IBM. In her time at […].
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246 AI/BOTS: Machine Learning Tips Online Fraud Scales
PYMNTS
JULY 25, 2017
Stemming from AI, machine learning is helping technology move at a swifter rate, and as more people bring their shopping needs into the online world, it’s likely that machine learning will play a larger role moving forward. In 2016, online financial fraud hit 15.4 million Americans, a 16 percent increase to $16 billion in stolen money.
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196 5 Fintechs To Watch From the Startup Alley
Bank Innovation
MAY 17, 2017
At the TechCrunch Disrupt 2017 event, currently taking place in New York, Bank Innovation came across a gauntlet of bright, shiny new fintechs. In a mood for some fintech inspiration? Take a walk down the startup alley.
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305 Breaking Banks: Fintech Finals 2017
Bank Innovation
FEBRUARY 14, 2017
In this episode of Breaking Banks, host Brett King explores the growing landscape of Chinese and Indian fintech–in between keynoting at the 2017 NextMoney Fintech Finals in Hong Kong.
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186 The Finanser’s Week: 17th April – 23rd April 2017
Chris Skinner
APRIL 23, 2017
I’ve blogged about how I see leadership in the developing (developed now) economies of China and India, and the new innovation models of emerging economies in Sub-Saharan Africa, but not quite in the way in which I see them now. The interview is now online so I thought I would share it here ….BANK:
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184 China Rapid Finance Is Expecting to Add 3M New Borrowers by End of 2017
Bank Innovation
SEPTEMBER 4, 2017
EXCLUSIVE — Shanghai-based online lender China Rapid Finance reported a 240% growth in consumer loan volume year-over-year and is expecting its continued focus on its target consumer base to continue that growth. The company, which last year became the second Chinese online lender to conduct a U.S.
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247 Banks Still Aren’t Spending Money on Open Banking (Or Blockchain or Artificial Intelligence….)
Bank Innovation
OCTOBER 18, 2017
EXCLUSIVE- APIs and open banking might be becoming more integral to financial institutions, but it doesn’t seem like banks are really working to push innovation in that space That’s according to Bank Innovation’s annual State of Banking Innovation for 2017, where none of the survey’s 151 respondents (the majority of whom are bankers) indicated that (..)
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273 Is Banking’s ‘Uber’ Moment Coming?
Bank Innovation
MARCH 7, 2017
This was one of the key questions debated by the fintech professionals attending Bank Innovation 2017, currently taking place here. .– Has banking had its “Uber moment,” or is the industry still waiting? Uber, for the uninitiated few, sparked a worldwide shift in its industry after its founding.
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296 Legacy is Not an Innovation Barrier: But Data Is, Microsoft Says
Bank Innovation
OCTOBER 18, 2017
EXCLUSIVE-Legacy: it’s a bit of dirty word when it comes to banking innovation, but some companies, like Microsoft, are set to challenge that. “At
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236 Early Registration Ends Today for Bank Innovation ’17
Bank Innovation
JANUARY 27, 2017
Don’t miss your chance to secure your spot at Bank Innovation 2017 for the lowest available rate, and join attendees from companies already registered, such as: BBVA Braintree Capital One JPMorgan Chase Mastercard Rabobank Concentrix Silicon Valley Bank TD Bank U.S.
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150 Chase Leans Strategy to ‘Buy’ from ‘Build’
Bank Innovation
MARCH 7, 2017
That’s the upshot from Adam Carson, the bank’s head of digital partnerships, during a fireside chat at Bank Innovation 2017. “In . – The “build or buy” scale is leaning increasingly towards “buy” at JPMorgan Chase, as fintechs become less concerned with disrupting traditional banks.
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Why APIs, Privacy Are Key To Open Banking Innovation
PYMNTS
MAY 1, 2020
have passed laws or implemented programs over the past two years to put more focus on digital banking and data security, fundamentally changing how online transactions work. South Korea’s Financial Services Commission (FSC) passed its Electronic Financial Transactions Act in 2017, just before the EU’s GDPR went into effect, for example.
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245 ICOs Are Already Revolutionizing Fintech, Moeda CEO Says
Bank Innovation
NOVEMBER 13, 2017
EXCLUSIVE—Investors don’t need to wait for Initial Coin Offerings to reach their full potential: this way of raising capital is already redefining how businesses in certain markets can operate, Taynaah Reis, CEO for cooperative banking system company Moeda told Bank Innovation.
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