Capital Innovation Strategies Operations 
Bank Innovation
AUGUST 15, 2018
billion ($513 billion) in assets, and boasting a 50-person innovation lab, implementing fintech for a fiat-focused market has its challenges. In some markets, banks and fintechs are a long way from overcoming the dependence on cash. This challenge is felt at Germany’s Commerzbank. As one of the country’s top five banks, with €452.5
Bank Innovation
NOVEMBER 25, 2019
Personal finance, banking and investment platform MoneyLion has named Samantha Roady chief operating officer as it makes moves to expand its customer base. Roady, who has been on MoneyLion’s board of directors since 2016, was previously a founding partner at GAIN Capital and president of its global retail brokerage business.
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Bank Innovation
FEBRUARY 27, 2020
An update to Square’s credit risk model for its Square Capital commercial lending product — first disclosed yesterday — was “a key driver of Capital’s outperformance in the fourth quarter,” the company said. The advancement of Capital is key for Square as it continues to grow the fast-growing — and lucrative — lending product.
PYMNTS
DECEMBER 31, 2020
PYMNTS’ December Credit Union Tracker® , done in collaboration with PSCU , looks back at a year of breakthroughs in the CU space, noting that “digital-first approaches are … expected to remain a staple of credit unions’ operations as they craft their innovation strategies for the next year and beyond, especially as 88 percent of CUs surveyed in early (..)
PYMNTS
FEBRUARY 23, 2020
To offer expanded services as it pursues a digital innovation strategy of harnessing partnerships to provide an enhanced customer experience, Fifth Third is teaming with Fundation for small business loans. Companies that lack access to capital are not able to grow their operations or have had to cut their headcounts.
Bank Innovation
JANUARY 9, 2020
In a revealing Meetup fireside chat yesterday evening, Alex Sion and Rachel Moore shared details on the inner workings of Citi’s internal innovation operation, known as D10X. Look no further than Citigroup to catch a glimpse of the future of bank product development.
Bank Innovation
OCTOBER 18, 2019
Oliver Schimek, CrossLend’s CEO, told Bank Innovation the funding, which was confirmed this week, will support CrossLend’s expansion efforts, building on the 10 markets in which it currently operates. […].
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