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Guide to Genuine Innovation When Everyone Is ‘Innovating’

Bank Innovation

This bank created an innovation lab, and that bank is launching a fintech team. But this other bank just started a blockchain focus group, and everyone else is investing in tech. Gone are the days when banks could afford to be “conservative” with new product launches and tech projects, which Read More.

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Small Business Banking Catching Up in Innovation Race

Bank Innovation

There are quite a few lending solutions these days for small businesses -- Funding Circle, OnDeck, Kabbage, and Square Capital, to name a just a few -- but innovation and digitization are lagging in other areas, such as digital account opening. Enter Gro Solutions, a sales and marketing platform for financial institutions.

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FinTech Cloud Technology Fuels Banking Innovation

PYMNTS

As cloud technologies emerge to help financial institutions (FIs) drive digital innovation, Finastra has introduced its Fusion Payments To Go offering for small and medium-sized banks. Linear Capital served as the head investor, while additional help originated from KZM & Company Group.

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Ant Group Debuts Virtual Bank In Hong Kong Weeks After Filing IPO

PYMNTS

Ant Bank, the virtual banking division of Hangzhou, China-based Ant Group , has launched banking services in Hong Kong, Fintech News reported. The launch comes a few weeks after Ant Group filed its initial public offering (IPO), which could be the biggest listing in the country’s history. China International Capital Corp.

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Meet the Most Innovative CEOs in Banking [SPONSORED]

Bank Innovation

Innovation in this highly regulated field is necessary, and even giants are rising to the challenge and trying to get more customer-friendly, agile or at least aligned to the new standards set by start-ups. The finance landscape is witnessing some significant changes and disruptions due to fintech companies, blockchain technology, and AI.

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Barclays Launches Tech-Focused Venture Arm to Foster Innovation

Bank Innovation

This unit labelled Barclays UK Ventures (BUKV) will allow the bank to invest and partner with technology companies that will spur the bank’s technological innovation and growth. It will be led by the bank’s former group head of strategy: Ben Davey. […].

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Fintechs seek US government funds to help make business loans

Bank Innovation

Industry group Financial Innovation Now urged Congress in a letter to provide capital to online lenders including PayPal and Square Inc., Financial-technology firms including PayPal Holdings Inc. government funding. and to permit the firms to […].

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