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2019 Looks Promising for Fintech Partnerships, Bank Innovation Poll Finds

Bank Innovation

There are startups that want to destroy banks and startups that want banks to buy their software, as Bank Innovation has previously reported. According to a recent poll conducted by Bank Innovation, the idea that fintech partnerships will be on the rise in 2019 compared to subsequent years, is gaining popularity.

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Why Automation is Key to Chesapeake Bank’s Innovation Strategy for 2019

Bank Innovation

Automation is the theme that best describes Chesapeake Bank’s innovation roadmap for 2019, Kevin Wood, managing director of the state-chartered community bank’s business lending division, Cash Flow, told Bank Innovation. “One

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EU Banks Must be Able to Support Biometric Authentication by April 2019, Mastercard Says

Bank Innovation

Payments provider Mastercard has issued a deadline for the availability of biometric authentication across its cards, stating that all customers will be able to use fingerprints or facial recognition for verification by April 2019.

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Pet Spend Shifts Online With Pandemic

PYMNTS

billion in 2019 feeding and caring for their pets. Our eCommerce capabilities have been a top priority and an area of growth for us since well before COVID, and the pandemic has only accelerated that focus and growth,” Petco Chief Digital and Innovation Officer Darren MacDonald tells PYMNTS. Americans spent $95.6

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Why Lloyds Bank Is Moving Its Core to the Cloud in 2019

Bank Innovation

Lloyds Bank plc plans to deploy a new core from cloud banking provider Thought Machine in 2019 as part of a project to lower its risk and increase its innovation potential. The bank has announced it will enter the development and deployment phase of its massive core-revamping plan early in the year ahead. For this […].

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The Year In Data: Measuring 2020’s Payments Innovation

PYMNTS

Key Data Points: Consumers are performing 12 percent more activities at home in 2020 than they did in 2019 and making purchases during 12 percent of those activities, on average. Key Data Points: The portion of consumers shopping and paying for retail goods online increased 34.9 percent made purchases via mobile in the last 24 hours.

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What Innovators Can Learn From Netflix

PYMNTS

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’.