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.
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Bank Innovation
JUNE 12, 2017
2017 was a tumultuous year, but despite some stops and starts, innovation in finance is only gaining more momentum.
Bank Innovation
FEBRUARY 20, 2017
Bank, recognizing that, has set a target: removing passwords “altogether” from the login process in 2017, according to Jason Witty, the Read More. Biometrics and behavioral analytics are taking over banking apps for good, and U.S.
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PYMNTS
JANUARY 3, 2017
Whether you believe the hype or not, blockchain technology is attracting massive investments, exploration and competition across the globe. PYMNTS examines the data surrounding the latest developments of blockchain, already off to a speedy start in 2017. That figure is expected to increase in 2017 and beyond.
PYMNTS
NOVEMBER 7, 2016
Here are the upcoming trends and threats for 2017 and what businesses can do to keep up. First and foremost, Chain Store Age notes that critical infrastructure remains uniquely vulnerable in 2017. Mobile attacks will also continue to grow in number and sophistication in 2017.
Bank Innovation
JANUARY 2, 2017
The fintech world has been going through a sort of an IPO freeze recently. The headwinds created by certain fintechs this year (looking at you, LendingClub) didn’t help much either. Venture capital funding continued to fall in the third quarter, according to data from KPMG Enterprise and CB Insights. Global financing Read More.
Accenture
NOVEMBER 27, 2017
Connecting more than 8,000 decision makers and thought leaders across the industry, Sibos 2017 in Toronto was once again the platform where the global financial community explored the disruptions and opportunities in payments driven by innovation, technology and new business models. Will an instant GPI be next?
Abrigo
JANUARY 6, 2017
Ellison-Taylor, chairman of the AICPA , recently noted that technology tops her list of the most important trends shaping 2017 because it will drive so many of the profession’s opportunities and challenges in the year ahead. But how are accountants supposed to keep up with all of the technological trends ?
Bank Innovation
NOVEMBER 28, 2016
Adam Carson, managing director, global technology strategy & partnerships at JPMorgan Chase & Co., 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.
Bank Innovation
JUNE 8, 2018
Bitcoin mania has died down in the fintech world, and the conversation has shifted to technologies like voice banking, payments, and alternative credit scoring. What is the state of banking innovation today? Each year, we poll the industry to find out. This year, the pressure for banks to innovate is high, as banks no longer […].
PYMNTS
AUGUST 28, 2020
As Uber Technologies Inc. Bloomberg News reported that Transport for London (TfL) will stay neutral and let the court decide whether Uber can operate in its biggest European market. Citing that Uber was unfit to hold a license, TfL suspended the company’s operations last November. In a filing for a court hearing on Friday (Aug.
PYMNTS
JULY 19, 2019
Online payment system Jollypay has received a license to operate in the United Arab Emirates (UAE), and it’s one of the first foreign companies to do so, according to a release. . It was started in 2017 to aid in the company’s creation of a payment and services endeavor. .
PYMNTS
JANUARY 29, 2019
Same-day ACH payment volume also increased by 46 percent over Q4 of 2017. The ACH Network is stronger than ever,” NACHA Chief Operating Officer Jane Larimer said. Same-day payments hit the 51.3 million mark, which is the first time that count has ever passed 50 million.
Perficient
MARCH 10, 2022
We’re one of Acquia’s first Certified Drupal Cloud Practices and a valued Acquia partner since 2017. Since last year’s Partner Awards, we’ve seen how partners, brands, and businesses across the globe have adapted to new ways of operating.
PYMNTS
OCTOBER 19, 2020
billion for a controlling stake in the hypermarket operator Sun Art Retail Group , Alibaba said in a statement on Monday (Oct. 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.
Bank Innovation
JUNE 6, 2017
Among the many innovative products announced during Apple’s WWDC 2017 yesterday (like this iMac Pro, or these cool smart speakers), the tech giant’s new P2P payments service got the FI spotlight. Quickly dubbed “the Venmo competitor,” the new service will allow iOS 11 users transfer money via iMessage starting this fall.
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.”.
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.
PYMNTS
AUGUST 5, 2020
Volante Technologies , which works in cloud payment processing, announced a $35 million growth equity funding round led by Wavecrest Growth Partners , according to a press release. The company plans to use the funds to speed up its expansion of cloud technology around the globe as well as market segments and industry verticals.
Abrigo
OCTOBER 17, 2022
Shannon passed away in 2021 after her diagnosis in 2017. and in bank technology nationally. 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.
PYMNTS
DECEMBER 1, 2019
If microchip supplier Qualcomm wins its case on appeal, the cost of connected cars using 5G technology will skyrocket, automakers and suppliers said in court filings on Friday (Nov. The legal saga started in 2017 when the FTC accused Qualcomm of operating a monopoly and charging exorbitant licensing fees. 29), Reuters reported.
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. In my space, which is digital, I think you’ve […].
Chris Skinner
MARCH 15, 2017
Since 2010, 19 new retail and commercial banking licenses have been issued, with at least eight more pending as at January 2017. To corroborate this statement, PwC with YouGov polled more than 2000 British consumers in January 2017 on their awareness of and preference for different types of banks, banking products and services.
PYMNTS
OCTOBER 16, 2020
It’s been three years since The Clearing House rolled out its Real-Time Payments (RTP) network, but Mark Ranta, payments practice lead at Alacriti, tells PYMNTS that 2021 will be the year FIs migrate to the technology in record numbers. Reducing ‘Technology Debt’. Here’s why. . Making Real-Time Payments A Reality.
PYMNTS
JANUARY 6, 2021
Active bitcoin accounts are approaching the record high reached in December 2017, before the previous bitcoin peak crashed. Compared to 2017, the biggest difference we see is that people are far more active now,” Binance CEO Zhao Changpang told Bloomberg. “If Account users remain confident as well, according to Bloomberg. More than 2.1
PYMNTS
FEBRUARY 24, 2020
These firms are finding that managing both systems in the cloud offers the flexibility and security needed to streamline invoicing and cut costs, while keeping operations running as smoothly and accurately as possible. Growth encouraged the media company to switch to automated processes. About The Tracker.
PYMNTS
SEPTEMBER 13, 2019
The fast food operator recently announced an agreement to acquire Apprente. The company said in an announcement that the arrangement is another bold step in advancing employee- as well as customer-facing innovations while bolstering the technological capabilities of the chain. That’s the signal sent recently by McDonald’s.
Bank Innovation
JANUARY 25, 2017
More fintech is coming to Austin. The massive South by Southwest conference and festival features startups in a number of categories — transportation, augmented/virtual reality, and of course fintech — plus several others. The event is the 9th annual pitch session for SXSW’s accelerator.
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.
PYMNTS
MAY 20, 2020
The upgrade and innovation centered around its flagship Tmall Genie smart speaker will use proprietary technologies that combine AI and the Internet of Things (IoT). The investment will also help further research into IoT operating systems, edge computing and natural language processing (NLP). . “By
PYMNTS
JULY 31, 2019
Thanks to this new technology, now it’s easier for our agents to work directly with the airline, which allowed us to expand our own S7 Airlines sales network. Launched in 2017, the private blockchain platform has boosted the processing rate of payments while reducing the amount of paperwork.
PYMNTS
OCTOBER 27, 2020
Ordermark's technology involves consolidating mobile orders across various online services and sending them to a single printer, which helps put in place omnichannel ordering and delivery. With the new funding, Ordermark plans to help more restaurants transition to online ordering amid the pandemic and for the future.
Chris Skinner
MARCH 23, 2017
Banks in Turkey have been highly enthusiastic about using new technologies to reach and engage with their customers. They are also very successful in adopting and launching innovative technologies for the first time in the world. As of January 2017, there are 58.8 There are 52 banking institutions which operate in Turkey.
PYMNTS
SEPTEMBER 29, 2020
Plus, a London judge has reinstated Uber Technologies Inc.’s s license to operate. A judge in London reinstated the license of Uber Technologies Inc. Uber first lost its license in 2017 when city transportation regulator Transport for London (TfL) accused the firm of regulatory and safety shortcomings.
PYMNTS
SEPTEMBER 5, 2019
percent in 2017. percent in 2017. It directly surveys more than 2,000 financial institutions to produce statistics about issuers, acquirers and technology providers. Visa ’s commercial card was 43.2 percent in 2018, up from 42.5 Conversely, American Express and Mastercard ’s commercial card market dropped. percent from 29.8
PYMNTS
APRIL 9, 2019
China has been cracking down on it since 2017 when regulators first banned initial coin offerings and shuttered exchanges. It has also been clamping down on bitcoin mining which has resulted in bitcoin mining operations setting up shop outside of China. The price of bitcoin was able to surpass $5,000 for the first time since November.
PYMNTS
JANUARY 22, 2019
The technology is proliferating financial markets, particularly for some of the world’s largest financial institutions in need of enhanced compliance solutions. Organizations that struggle with technology are missing out on a catalyst to digital transformation , too. Turning Interest Into Adoption. ”
Bank Innovation
MARCH 8, 2017
— Blockchain – or the distributed ledger technology – is rushing out of test labs, and into real-life applications. SAN JOSE, Calif. In fact, in the last quarter alone there were 50 publicly announced proof-of-concept projects, with more than 120 participants, according to CoinDesk.
PYMNTS
DECEMBER 20, 2018
The hacks are part of a larger Chinese campaign named Cloudhopper, which cybersecurity firms and governments have been warning about since at least 2017. HPE commented that it had outsourced its MSP business in a 2017 partnership with a company called Computer Sciences Corp. and formed a new company called DXC Technology.
Bank Innovation
MARCH 1, 2019
This is up from 35% in 2017, and way up from 18% in 2013, according to Financial Technology Partners’ 2018 Annual Fintech Almanac. Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic investor.
PYMNTS
DECEMBER 2, 2018
Amazon is testing the idea of expanding its cashierless checkout technology to a larger store format, experimenting with it in Seattle in a space that is formatted to be like a big store, reported the Wall Street Journal. That could mean it will take a while before Amazon could roll out the technology to larger format stores.
PYMNTS
OCTOBER 8, 2020
Manheim Logistics will use its Ready Logistics and Central Dispatch brands with DHL's logistics engineering expertise and advanced technology, including advanced routing, to help customers speed up processes, according to the release. And there will be a new integrated user experience portal for use by shipping and operations workers.
PYMNTS
MAY 12, 2020
Traydstream , a FinTech that looks at trade documents with artificial intelligence (AI), has partnered with Infosys Finacle to implement blockchain technology and further automate trade finance, according to a press release. Consequently, our clients have experienced processing time reduction by nearly 75 percent.”.
PYMNTS
JANUARY 21, 2019
Alipay’s latest expansion — this time, to Luxembourg — shows not only the increasing reach of the China-based mobile payments ecosystem, but also stands as the latest example of companies in payments and FinTech gaining licenses to operate in Europe. The company said its capital value has jumped from 280 million pounds in 2017.
PYMNTS
MARCH 15, 2019
The appointment signals the Commerce Department’s interest in exploring distributed ledger technology to facilitate trade finance , an increasingly common use case for blockchain solutions. “The ready availability of trade finance is a crucial ingredient to the success of U.S.
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