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Innovation with techquisition: Getting it right

Accenture

The fintech revolution is here: Over $34 billion of venture-capital funding went to fintechs in the second quarter of 2021. The post Innovation with techquisition: Getting it right appeared first on Accenture Banking Blog.

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2017 Innovators to Watch: 44 Executives Shaping the Future of Banking

Bank Innovation

2017 was a tumultuous year, but despite some stops and starts, innovation in finance is only gaining more momentum.

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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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Dignari Capital Gives $50M To Sheng Ye Capital For SCF Innovation

PYMNTS

Dignari Capital has agreed to provide $50 million to Sheng Ye (SY) Capital in a strategic collaboration to explore new supply chain finance options for small- to medium-sized businesses (SMBs), according to a press release. Tung Chi Fung , chairman of SY Capital, said there are already plans in the works.

Capital 237
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Banks Have the Capital to Buy Fintech Startups — Will They?

Bank Innovation

“Banks now have the capital to put to work and invest in growth after a long period of cost-cutting,” […]. Banks are entering what could well be a Golden Age — deregulation, rising interest rates, and a bevy of fintech startups eager to hop into bed with them. Will they take advantage of this fintech opportunity?

Capital 395
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Capital One’s Eno evolves to give proactive advice 

Bank Innovation

Capital One is determined to turn its digital assistant Eno into an affable, personal finance watchdog to build loyalty between the brand and customers. Three years after Eno’s launch, the bank is adding capabilities that go beyond simple balance inquiries to proactive insights on customers’ spending behaviors.

Capital 322
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JPMC: Why Working-Capital Trade Finance Is On The Rise

PYMNTS

And according to Fraser, that means banks will be poised to support that cash flow collaboration through trade finance innovation. Many firms, particularly larger ones, find themselves in “a strong and stable position” from a cash and liquidity perspective as a result of their greater access to capital and credit markets.

Capital 310