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Payments Execs On 2019’s Payments Innovation Watershed

PYMNTS

Only a few months into 2019, the year is already shaping up to offer a bit of a watershed in how we pay and how we get paid. PYMNTS queried nearly two dozen C-level executives from companies at the forefront and intersection of technology and innovation. One decade draws to a close, the next one looms.

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U.S. Bank’s Dominic Venturo to speak at Bank Innovation Build 2019

Bank Innovation

Dominic Venturo, executive vice president and chief innovation officer at U.S. Bank, will participate in a fireside chat at Bank Innovation Build 2019, this blog’s event on best practices in banking innovation. Bank Innovation Build will take place November 6-7 at Atlanta’s W Hotel Downtown.

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Deep Dive: How FIs Can Keep Their Digital-First Innovations Secure

PYMNTS

Banks’ use of such innovations is predicted to expand, too, with 60 percent of FIs saying they aim to gain customers and improve customer experiences using digital channels. One study found that the use of malicious botnets to register false accounts increased by more than 70 percent in Q3 2019, for example.

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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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Wells Fargo Gateway hits 1.5 billion API interactions in 2019

Bank Innovation

billion digital interactions in 2019 between the bank’s customers and third–party apps.? The Gateway, established in 2016, allows customers to securely connect to third-party apps through aggregators like Plaid. Wells Fargo Gateway processed more than 1.5

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BI Ignite 2019: ID Verification Startup Diro Wins DEMOvation Challenge

Bank Innovation

Identity proofing and verification startup Diro Labs won the DEMOvation Challenge today at Bank Innovation Ignite 2019 in Seattle. In addition to bragging rights, the company will receive admission to the INV Fintech Accelerator and an advertising package on Bank Innovation.

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These 12 Startups Are Competing in the Demo Contest at Bank Innovation Ignite

Bank Innovation

The 12 startups demoing to try to win the “best in show” award at Bank Innovation Ignite have been unveiled. Fintel Labs, iGTB, JUDI.AI, KapitalWise, OpenDoor Securities, and Operant.AI The startups are:[link] Avocado Payments, Budgit Inc., Community Capital Technologies, Denizen Financial, Diro Inc., Exagens Corp.,