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. Between 2008 and 2019, the DVD rentals market dropped like a stone. In the book, he freely admits that his formula might not work for every company. I Don’t Want To, But I Have To’.

Innovation 245

Innovation Video Course Meeting 245

Bank Innovation

DECEMBER 31, 2018

Over the past 12 months, Bitcoin – the most popular cryptocurrency – lost more than 70% of its market capitalization and Ethereum lost more than 80% of its value, according to digital currency exchange Coinbase. It was a tough year for cryptocurrencies.

cryptocurrency 218

cryptocurrency Bitcoin Capital Marketing 218

Bank Innovation

JANUARY 11, 2019

Distributed ledger technology will be crucial to innovation in digital banking this year, according to a poll conducted by Bank Innovation. For the December poll, Bank Innovation asked readers to name a technology, aside from the obvious - artificial intelligence, that would be most prominent in 2019.

Financial Technology 170

Financial Technology Technology Innovation Digital Banking 170

PYMNTS

JULY 23, 2020

Citi has launched a new mobile app for its Citi Supplier Finance platform in Latin America to help suppliers get more working capital, according to Finextra. Before the pandemic, Citi spoke with PYMNTS about the new challenges faced by supply chains with other global crises like 2019’s trade wars.

Capital 178

Capital Mobile Company America 178

Bank Innovation

NOVEMBER 29, 2018

will speak at Bank Innovation Ignite in Seattle in March 2019 on Building the Future of Banking. Dan O’Malley, CEO of Numerated Growth Technologies, Inc.,

Innovation 170

Innovation Seattle Lending Data 170

Bank Innovation

DECEMBER 21, 2018

Ben Savage, partner at the Los Angeles-based Clocktower Technology Ventures, told Bank Innovation that the flourishing fintech ecosystem holds both risks and opportunities for banks, […]. There are startups that want to destroy banks and startups that want banks to buy their software.

Los Angeles 210

Los Angeles Fintech Software Innovation 210

Bank Innovation

JANUARY 30, 2019

Interested in joining us for Bank Innovation Ignite 2019 on March 11-12 at the Hyatt Olive 8, Seattle? In Seattle, you’ll see four Ignite Ideas sessions from the following fintech innovators: Lisa Frazier, Head […]. You’d better hurry! Early registration ends this Friday, February 1 at 11:59 PM.

Innovation 170

Innovation Seattle Fintech Security 170

PYMNTS

JANUARY 28, 2021

At a high level, P2P transfers to these economies can pull of a feat that other capital flows, namely through overseas development aid (ODA for short) and private direct investment cannot. They get money where it needs to go, most urgently, to individual recipients. The pressure is such that we may see another 7.5

Innovation 294

Innovation Marketing National Report 294

PYMNTS

SEPTEMBER 29, 2020

Stripe led the round, and existing investors Y Combinator and Global Founders Capital participated, alongside a new investor, Bedrock Capital. The company launched in 2019 and had a seed round then for $2.7 Filipino online payments platform PayMongo has come off a funding round with $12 million, according to a press release.

Payments 300

Payments Capital Online Meeting 300

Bank Innovation

OCTOBER 25, 2019

Welcome to the latest episode of our weekly wrap video series, for the week ending Friday, October 25, 2019.

UX 170

UX Capital Fintech Video 170

PYMNTS

FEBRUARY 5, 2020

Praeger said it was forecast that the industry would see a decline in merger and acquisition activity in 2019. But with 60 percent of B2B payments in the industry still made via paper check — 80 percent for small and medium-sized businesses (SMBs) — however, he notes, “there is still a great opportunity to further push ePayment adoption.”.

Fintech 238

Fintech Innovation Payments blockchain 238

PYMNTS

JULY 31, 2019

Even in 2019, there persists this idea in the mainstream that invention stems from the epiphany and late-night toil of the solitary scientist. As well, Angelos said, Visa has the advantage — at least for this particular Fast Track FinTech program — of have prior and ongoing relationships with venture capital firms.

Fintech 192

Fintech Innovation US Payments 192

Bank Innovation

MAY 15, 2019

It is this revolution that has led us to present Bank Innovation Build, our newest conference, on Nov. There is a revolution going on inside banking. And that’s not just a cheap cliche. Allow me to explain: A few days ago, Dana Maor, a senior partner at McKinsey, wrote that the consultancy believes “that […].

Innovation 170

Innovation Conference US social media 170

Gonzobanker

DECEMBER 20, 2019

GonzoBankers, 2019 was a year of extremes. Third, read and enjoy the 2019 edition of the GonzoBanker Awards, our 18 th. The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. annual list. We may not be good, but we’re persistent!

Idaho 148

Idaho Conference Data Marketing 148

PYMNTS

NOVEMBER 25, 2020

Female FinTech entrepreneurs are getting left out of funding even as record venture capital money is being pumped into startups. billion in the first three quarters of 2020, which is 20 percent more than the same period in 2019. Companies that did get funding received only 0.9 percent of total monies raised. .

Fintech 288

Fintech New York Innovation Industry 288

PYMNTS

DECEMBER 28, 2018

“Considering how busy a small business owner is and how limited their schedule [is] to visit a bank branch, this severely undercuts the ability [of] banks to capitalize on the lucrative business banking segment,” Avoka stated in its report. In 2019, it is about ensuring the FI has the right? with FinTechs. we’re even seeing?

Fintech 177

Fintech Customer Experience Tools Technology 177

Bank Innovation

DECEMBER 6, 2019

Welcome to the latest episode of our weekly wrap video series, for the week ending Friday, December 6, 2019.

Video 243

Video Fintech Capital Customer Experience 243

Bank Innovation

DECEMBER 13, 2019

Welcome to the latest episode of our weekly wrap video series, for the week ending Friday, December 13, 2019.

Strategy 243

Strategy Branding Video Marketing Strategies 243

Bank Innovation

FEBRUARY 18, 2020

billion in costs and reallocates capital away from underperforming units. The top-10 global bank reported Tuesday that in 2019, net profit fell 53% to $6 billion, while pre-tax profits fell 33% to $13.3 […]. HSBC, a global bank with $2.7 trillion in assets, is blazing a new path for its U.S. business as it cuts $4.5

Strategy 243

Strategy US Taxes Capital 243

PYMNTS

FEBRUARY 26, 2020

Credit unions (CUs) are performing well as the new decade dawns, with a recent study finding that CUs increased their loan originations by 29 percent from Q4 2018 to Q4 2019. percent in 2019, compared to 10.5 percent in 2016. Another perennial challenge the industry faces is the ever-looming threat of data breaches.

Nevada 192

Nevada Security Innovation Data 192

PYMNTS

DECEMBER 28, 2018

This strategic acquisition allows Visa to offer a more comprehensive business solution to our corporate clients that is innovative, global, highly configurable and intuitive for their employees.”. Square Links Up With Handshake.

Innovation 184

Innovation Fintech Payments Management 184

PYMNTS

JANUARY 7, 2021

Digitally native mattress and home goods brand platform Resident landed a $130 million investment headed up by Nexus Capital Management and Ion Crossover Partners with participation from Baron Capital Group in Q4 of 2020, according to a Thursday (Jan. In separate news, digitally native sleep company Purple Innovation, Inc.

Capital 217

Capital Strategy Branding Operations 217

Bank Innovation

JANUARY 2, 2019

It's the beginning of a new year, and naturally new trends will take shape. The seed for some trends like voice banking and contactless payments were already planted last year, while others such like core overhauls went relatively untouched last year.

Trends 218

Trends Fintech cryptocurrency Payments 218

Bank Innovation

DECEMBER 26, 2018

Here are five deals, in no particular order, that Bank Innovation's editors think will most significantly impact the landscape in 2019. This year the financial services industry saw a lot of fintech M&A activity. iZettle is […].

Fintech 218

Fintech Innovation Industry Payments 218

PYMNTS

NOVEMBER 17, 2019

Sterling Bancorp announced that it has launched its new Innovation Finance Group , and has tapped veteran technology bankers John Hoesley and Josh Roberts to lead it. Before joining Sterling, Hoesley was at CIBC Bank USA with Josh Roberts, where the two established the Innovation Banking group in 2014.

Groups 116

Groups Innovation Capital Leadership 116

PYMNTS

JULY 18, 2019

Depending on where you look, the chasm yawns wide when it comes to innovating with new technologies or features. In a PYMNTS interview with Karen Webster, Joe DeRosa, EVP of Global Sales at i2c , discussed the findings of the July 2019 Innovation Readiness Playbook , subtitled “Leveling the Playing Field for Different-Sized FIs.”

Innovation 155

Innovation Study Technology Millennials 155

PYMNTS

DECEMBER 28, 2018

That means that on the brink of 2019, it remains uncertain whether the next year will look more like the best of times or the worst of times when it comes to providing consumers and small businesses (SMBs) with access to financial services — both in and outside the traditional bank-backed channels. The Two Faces Of Consumer Credit.

Millennials 145

Millennials Lending Data System 145

Bank Innovation

FEBRUARY 5, 2019

Time is running out to apply for Bank Innovation’s DEMOvation Challenge, in which fintech startups demo before a crowd of conference attendees in hopes of earning their vote and walking away with prizes. The application deadline is Friday, February 8. Apply here.

Conference 170

Conference Fintech social media Operations 170

Bank Innovation

AUGUST 9, 2019

Welcome to the latest episode of our weekly wrap video series, for the week ending August 9, 2019.

Apple 210

Apple Cards Video Fintech 210

PYMNTS

NOVEMBER 12, 2019

Innovation in the accounts payable (AP) space continues to expand, with FinTechs looking to capture their piece of a growing market driven by businesses’ desire to digitize their operations. Below, PYMNTS rounds up the latest examples of how AP innovators pull suppliers’ accounts receivable processes into the fold. billion valuation.

Innovation 124

Innovation Digital Strategies Payments Tools 124

PYMNTS

NOVEMBER 22, 2020

The innovations came through traditional FIs’ lowering of fees and innovations from companies like Brex, which introduced new rewards, or FLEETCOR company Comdata debuting a new invoice financing service, PYMNTS reports. Mastercard also rolled out a service to help with working capital and automation.

Cards 221

Cards Payments Innovation Regional 221

PYMNTS

OCTOBER 9, 2018

Pershing Square Capital Management, the activist hedge fund controlled by activist investor William Ackman, now has about a 1.1 While Starbucks typically shuts around 50 stores a year, in 2019 it expects that pace to increase to around 150 stores. “We percent stake in Starbucks.

Capital 128

Capital Management Conference New York 128

PYMNTS

MAY 27, 2020

Meeting all three of these goals would require vast capital, and Zoox lacks the automotive partners that facilitate other startups like Cruise (GM) or Argo AI (Volkswagen and Ford). In 2019, it participated in a $530 million funding round for autonomous technology firm Aurora Innovation.

Las Vegas 245

Las Vegas San Francisco Technology Innovation 245

PYMNTS

MARCH 31, 2020

San Francisco-based Princeville Capital has announced a $50 million investment in Russian online retailer Ozon, which is partly owned by the Russian-based conglomerate Sistema. Ozon said Emmanuel DeSousa, managing partner at Princeville Capital, joined its board following the transaction. million, according to Reuters.

San Francisco 189

San Francisco Capital Retail Online 189

Bank Innovation

JANUARY 24, 2019

INV Fintech, the technology accelerator run in partnership with Fiserv, has opened its Demo Day event to financial institution executives attending Bank Innovation Ignite. Previously, only INV Fintech members were permitted to attend Demo Day on March 11 in Seattle.

Innovation 150

Innovation Seattle Fintech US 150

Bank Innovation

JULY 19, 2019

Welcome to the first episode of our new weekly wrap video series, for the week ending July 19, 2019.

Video 199

Video Innovation Capital Retail 199

Bank Innovation

FEBRUARY 14, 2019

Despite predictions of a bleak economy and decreasing investment spending from businesses, banks will not be cutting down their technology spend in 2019, according to Kurt Spieler, Chief Investment Officer at First National Bank of Omaha.

Omaha 186

Omaha Technology National Innovation 186