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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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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Mobile How To Payments Company 249

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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San Jose Innovation Data Company 253

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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Analytics New York Conference Data 252

PYMNTS

OCTOBER 19, 2020

In a quest to dominate online food shopping in China, Alibaba invested $3.6 Alibaba first invested in Sun Art in 2017 as part of the company’s New Retail strategy as it seeks to build a “robust infrastructure to create opportunities and value in China’s retail sector,” Zhang also said. billion — in Auchan’s A-RT Retail. 19) CNN report.

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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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America Online Lending 259

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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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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Bitcoin cryptocurrency Online 218

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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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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Bank Innovation

SEPTEMBER 27, 2017

What is the state of banking innovation today? Each year, we poll the industry to find out. Fintech funding has grown tougher for startups, but banks’ balance sheets are looking stronger– what does it mean for innovation?

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PYMNTS

DECEMBER 16, 2020

16), heading above the $20,000 mark for the first time ever — eclipsing its previous record high set in 2017. Bitcoin’s latest record high recalls its groundbreaking rally to nearly $20,000 in 2017. Cryptocurrency fans, however, argue that now is different — with big investors piling in — as opposed to the retail frenzy of 2017.

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Bank Innovation

JANUARY 11, 2017

Over the course of 2017, what is going to transform banking the most? Change is imminent in banking, and as we begin the new year the only debate seems to be what is going to be driving that change. Well, we have some ideas. IOT Voice Commerce/Voice Payments Smart Read More.

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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. But, that majority still won’t leave their bank for a younger fintech model, according to the 2017 Annual […].

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Fintech Online Innovation Capital 259

PYMNTS

SEPTEMBER 8, 2019

The server held the resumes of job applicants spanning 2014 and 2017, and included private information such as phone numbers, home addresses, email addresses and prior work experience. While there’s no set number on how many users were affected, one folder from May 2017 contained thousands of resumes.

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Online United States Security Data 184

Bank Innovation

DECEMBER 10, 2016

Consolidation, and Winners Emerging Brew Johnson and Brett Crosby, Cofounders, PeerStreet Brew: “I think the biggest trends will be consolidation in the marketplace lending and crowdfunding space, and increased partnerships/collaboration between banks and fintech companies.”

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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. The finalists were chosen from applicants from around the world. A total of 12 companies will demo at Bank Innovation. The winning startup will be named Best in Show. Read More.

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Innovation Meeting Technology Fintech 150

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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PYMNTS

FEBRUARY 14, 2020

An online scam targeted $4 million in retirement funds from at least four Puerto Rico agencies, according to reports on Thursday (Feb. This incident comes as the island is still recovering — and facing financial scrutiny — from 2017’s Hurricane Maria and a series of earthquakes. Authorities have frozen at least $2.9

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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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Survey Innovation Industry Report 399

Bank Innovation

JUNE 6, 2017

The top rival of “digital gold,” i.e. bitcoin, had a banner first quarter in 2017, with a $3.6 Welcome to the year of Ethereum. billion increase in market cap (just under a 500% increase, compared to bitcoin’s 11% increase for the quarter), according to data from Coindesk’s State of Blockchain report for 1Q17.

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Bank Innovation

FEBRUARY 22, 2018

EXCLUSIVE – With over 28 million digital customers (online and mobile) in 2017, it seems only logical that Wells Fargo is increasing investment in its mobile app.

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Mobile Course Online Technology 260

PYMNTS

OCTOBER 19, 2018

In the webinar, entitled “ 5 Ways Fraudsters Fake IDs — And How Your Face Can Stop Them ,” Trilli not only offered an up-to-date primer on the latest criminal techniques to steal online data and identities, but gave practical and hopeful advice on how to prevent much of that fraud, even as the people behind it keep raising their game.

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PYMNTS

AUGUST 3, 2020

Scandal-plagued German FinTech pioneer Wirecard counted among its payments processing clients an online casino that laundered money for an arm of “one of Europe’s most dangerous mafia organizations,” the Financial Times reported on Monday (August 3). ” Wirecard declined to comment for the FT article.

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Regional Online Fintech Report 362

PYMNTS

AUGUST 11, 2020

Many people who previously would not have considered buying a car online are giving it a second thought. In a recent CarGurus survey, 60 percent of respondents said they were open to buying a car online versus 32 percent before. PYMNTS reported in March that “the online car business will take a huge hit from the crisis disruption.

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Online Michigan Trends Marketing 157

Bank Innovation

DECEMBER 11, 2017

The year 2017 has been the year for bitcoin, but it has also been the time for digital lenders, who seem to be experiencing significant growth across personal, SME, and student-focused verticals. Despite the abysmal stock fall of LendingClub, arguably the pioneer in the online lending space, digital lenders in […].

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Bitcoin Lending Online Fintech 231

PYMNTS

MAY 20, 2020

But mounting concerns about health and safety amid the pandemic have motivated a consistently rising share of shoppers to try ordering their groceries online for delivery. percent of consumers that PYMNTS surveyed had switched to grocery shopping online as of early March, 14.8 Whereas only 3.9 Whereas only 3.9 We found that 38.1

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Bank Innovation

JUNE 8, 2018

What is the state of banking innovation today? Each year, we poll the industry to find out. Bitcoin mania has died down in the fintech world, and the conversation has shifted to technologies like voice banking, payments, and alternative credit scoring. This year, the pressure for banks to innovate is high, as banks no longer […].

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Innovation Bitcoin Fintech Industry 220

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. The query is digital and we invite industry participants to […].

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Survey Innovation US Industry 350

Bank Innovation

FEBRUARY 17, 2017

Honda and (again) Visa had their take on in-car payments at CES 2017 last Read More. IBM and Visa sealed a partnership to connect 20 billion devices by 2022, while Jaguar and Shell showcased fuel payments tech in the U.K.

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Payments Online Technology Mobile 339

Chris Skinner

JULY 14, 2017

Countered by a bid from Euronet, the acquisition has fallen fallow for a while now, which is why Ant Financial is refiling for review with US decision makers this week to determine the outcome.

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Analysis Innovation Fintech Mobile 258

Bank Innovation

MAY 25, 2017

It’s decided: 2017 is (or should be) the year the blockchain proof-of-concept dies—and is replaced by tangible, functioning products, according to industry experts.

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blockchain Fintech Industry Online 247

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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Innovation blockchain Technology Marketing 330

PYMNTS

JULY 27, 2020

Online health startup Ro is valued at $1.5 The company, which began in 2017 as a way to sell hair loss supplements, has branched into a number of health apps that work to generate around $250 million per year, not counting the insurance, according to CNBC.

Online 150

Online Millennials System Report 150

Bank Innovation

DECEMBER 18, 2017

Givers to mutual fund investment company Fidelity’s charity arm, Fidelity Charitable, have donated $22 million worth of bitcoin this year. The charity will accept donations in bitcoin until December 22, according to the company. Donations in crypto through the month of November represented about $11 million, Fidelity Charitable said.

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Bitcoin Company cryptocurrency Online 207

Bank Innovation

SEPTEMBER 1, 2017

India may overtake China as the world’s leader in fintech service adoption, according to a report released by Ernst & young, entitled EY FinTech Adoption Index 2017.

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Fintech National Report Payments 319

PYMNTS

AUGUST 13, 2020

Google, the world’s dominant online search engine, has faced growing regulatory scrutiny in recent years. Val Demmings (D-Florida) on Google’s 2007 acquisition of DoubleClick and its 2017 decision to merge DoubleClick’s data with user account data. country manager, in a statement. billion purchase of the Israel-based Waze acquisition.

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