Bank Innovation

JANUARY 29, 2020

With nearly 200 startups, five major banks, 19 venture capital firms and representation from large tech companies like Google, Facebook, PayPal, Toronto is quickly becoming a center for fintech entrepreneurship.

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Meeting Fintech Google Study 364

Bank Innovation

MARCH 19, 2020

What is the role of innovation in response to these rapidly unfolding events? For insights into these questions, Bank Innovation and INV Fintech, its sister banking innovation services platform, will present a special Zoom meeting on […]. How will banks and startups work together?

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Meeting Fintech Innovation Customer Experience 293

Bank Innovation

OCTOBER 25, 2019

In this episode, Suman Bhattacharyya, deputy editor, and Angely Mercado, associate editor, discuss the following news developments: Canadian venture firm Luge Capital’s approach to fintech investments; How banks are navigating Zelle’s UX as transaction volume grows; and […].

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UX Capital Fintech Video 170

Bank Innovation

JULY 9, 2019

Capital One is determined to turn its digital assistant Eno into an affable, personal finance watchdog to build loyalty between the brand and its cust.

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Capital Branding Innovation Strategies Strategy 150

PYMNTS

DECEMBER 31, 2020

Consumers waited on financial institutions (FIs) to innovate in an odd relationship that put business needs before customers’ needs. Like their cousins in banking, credit unions (CUs) long enjoyed a relaxed pace of technological change. It was all on their timetable. Not anymore. CUs Are Going Next-Gen.

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Survey Arizona Innovation Innovation Strategies 235

Bank Innovation

MARCH 9, 2020

Canadian venture capital firm Portag3 Ventures has appointed Chris O’Neill as partner in an effort to shore up its presence in Silicon Valley. The Toronto-based firm, which recently closed its second fintech fund — valued at $320 million — focuses on direct-to-consumer fintech startups, as well as financial infrastructure companies.

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Capital Fintech Company Innovation Strategies 259

PYMNTS

MAY 27, 2016

The “startup nation” is recognized for not just brimming with tech innovation, but also harboring more high-tech startups and a larger venture capital industry per capita than any other place in the world. companies partner with innovation from Israel that will give them a global competitive edge,” Mavor explained.

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Innovation National Innovation Strategies Big Data 102

Bank Innovation

APRIL 6, 2020

As small businesses race to apply for Paycheck Protection Program loans from the Small Business Administration, many venture capital firms and startups are figuring out how they can participate, if at all. “We

Capital 259

Capital Company Innovation Strategies Strategy 259

Perficient

MARCH 8, 2023

This program strives to provide “women entrepreneurs around the world with business and management education, mentoring and networking, and access to capital.” The program has 10 courses in topics including business finance, digital marketing, and innovation strategy.

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Innovation Strategies Study Marketing Strategy 275

Bank Innovation

JANUARY 6, 2020

For Eric Byunn, partner at Centana Growth Partners, tech innovation that supports an intuitive and personalized banking experience of the future has room to grow. Byunn will speak at Bank Innovation Ignite in Seattle on March 2-3, on a panel entitled “Embedded Finance: The Automation of Everything Financial.”

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Seattle Innovation Innovation Strategies Capital 221

Bank Innovation

MARCH 11, 2020

At Royal Media, Bank Innovation‘s publisher, we take great pride in the value of our exceptional industry conferences and the effort we put into their production. We rightly view our more than a dozen annual conferences as crucial opportunities for business development in our industries.

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Conference Innovation Industry Customer Experience 243

Bank Innovation

NOVEMBER 21, 2019

Albert Chang, counsel at the Consumer Financial Protection Bureau‘s innovation office, said […]. In light of the increased oversight, however, industry practitioners emphasize the role of AI as a catalyst for a more inclusive process.

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Apple Regulation Innovation Cards 243

Bank Innovation

MARCH 10, 2020

European payments giant Wirecard, which has a market capitalization of more than $15 billion, is making a bet on freelance personal finance platform Xolo to increase uptake for its banking services. Xolo is a subscription-based freelance accounting and banking platform that allows freelancers to manage cash flow and legal needs.

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Capital Management Marketing Payments 243

Bank Innovation

FEBRUARY 18, 2020

billion in costs and reallocates capital away from underperforming units. HSBC, a global bank with $2.7 trillion in assets, is blazing a new path for its U.S. business as it cuts $4.5 The top-10 global bank reported Tuesday that in 2019, net profit fell 53% to $6 billion, while pre-tax profits fell 33% to $13.3 […].

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Strategy US Taxes Capital 243

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.

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Innovation Operations Innovation Strategies Capital 221

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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Innovation Groups Fintech Operations 218

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.

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Customer Experience Innovation Strategies Guidelines Meeting 130

Bank Innovation

MARCH 24, 2020

billion since its 2017 founding, is optimistic about venture capital funding for tech companies, despite current market volatility. Brex, a corporate card and financial product startup that has raised $315 million in equity and reached a reported valuation of $2.6

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Marketing Capital Cards Report 199

Bank Innovation

NOVEMBER 25, 2019

The startup and venture capital ecosystem may profess to be colorblind, but a look at where funding dollars are going presents a different picture. According to recent research, there have been two quarters since 2009 where the proportion of venture dollars going to female founders exceeded 17%.

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Fintech Capital Innovation Strategies Strategy 210

Bank Innovation

JULY 23, 2019

For small businesses looking to grow, access to capital is critical for success. The obstacle for many of these companies is big banks’ reluctance to approve loan applications from small businesses, particularly since the last recession.

Capital 170

Capital Company Innovation Strategies Strategy 170

Bank Innovation

JULY 23, 2019

For small businesses looking to grow, access to capital is critical for success. The obstacle for many of these companies is big banks’ reluctance to approve loan applications from small businesses, particularly since the last recession.

Capital 170

Capital Company Innovation Strategies Strategy 170

BankInovation

OCTOBER 2, 2020

Industry leaders have found that getting creative about human capital not only buoys innovation ROI, but it encourages a sense of ownership among different departments and breaks down internal barriers throughout the organization. Human capital has become an important cog in the […].

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Innovation Capital Industry How To 64

Bank Innovation

AUGUST 14, 2019

billion in venture capital in the first […]. When Swedish banking firm Klarna became Europe’s most valuable financial technology startup last week, it was only the latest sign that digital finance has escaped the troubles afflicting legacy lenders. Its latest fundraising gave Klarna, which facilitates online installment payments, a $5.5

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Fintech Financial Technology Capital Online 170

PYMNTS

AUGUST 22, 2019

Such institutions are working to raise the necessary capital to expand their products and customer bases as they enter new markets. Legacy Banks and the Innovation Game. Warder believes that both legacy and challenger banks have the same impetus for innovation and technological experimentation: customer engagement and satisfaction.

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Innovation Digital Banking Fintech US 109

Bank Innovation

AUGUST 15, 2019

Growth Street’s revolving credit facility product is called GrowthLine, which allows small- to medium-sized enterprises to take out working capital loans that range between £25,000 and £2 million (between $30,289 and $2.4 Starling Bank recently added peer-to-peer business lender Growth Street to its in-app marketplace.

Capital 150

Capital Innovation Strategies Lending Strategy 150

PYMNTS

MAY 28, 2018

According to Chain Store Age , the criteria for the award include successful development and executions of product, store, online and service innovation strategies; delivery of an outstanding in-store experience; excellent customer service; and strong financial performance. Founded in 1909 by American businessman H.

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Innovation Strategies Strategy Capital Groups 102

Bank Innovation

JULY 5, 2019

The growth of capital in play in the private market is changing how private companies, particularly tech startups, find liquidity in the race to go pu.

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Meeting Capital Marketing Company 150

Bank Innovation

APRIL 8, 2020

Fintechs will likely have a tough time securing funding as the coronavirus pandemic continues to shake up the U.S. economy, prompting investors to tighten purse strings.

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Fintech Security Industry Innovation Strategies 359

Bank Innovation

FEBRUARY 5, 2020

While the hype around chatbots and digital assistants may have reached a crescendo years ago, banks and the technology companies serving them are now investing in the “brains” behind digital conversational assistants, which can be applied across many use cases, including chat and voice.

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New York Technology Company Innovation Strategies 345

Bank Innovation

APRIL 14, 2020

Last week saw banks and fintechs scrambling to stand up platforms to process Paycheck Protection Program loans, and now the struggle is to keep the platforms running while weeding out potentially fraudulent applications. Fraud is a common trend with government relief programs.

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Fraud Trends Fintech Innovation Strategies 335

BankInovation

DECEMBER 2, 2022

National Bank of Canada (NBC) is set to continue its digital innovation strategy through hiring technology-focused talent. “We

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National Technology Innovation Strategies Innovation 52

BankInovation

JANUARY 26, 2023

Successful innovation in business requires much more than just a good idea. Banks need to listen to specific client feedback to determine where to invest time and capital […]

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Innovation Capital Technology Innovation Strategies 52

Bank Innovation

DECEMBER 11, 2019

Small business lender OnDeck is making a pitch to Main Street. The company, which has been outspoken about its pursuit of a bank charter, is trying to move beyond loans and become a digital bank for small businesses. CEO Noah Breslow called the target customers “mom and pop, main street small businesses” with less than […].

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Maine Digital Banking Company Customer Experience 312

Bank Innovation

MARCH 12, 2020

The impact of the novel coronavirus and the economic shockwaves from the stock market downturn and associated travel and work restrictions are yielding unresolved questions for startup founders and investors alike. Long-term bets are facing new scrutiny, and prospects of healthy returns are facing new obstacles.

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Marketing Innovation Strategies Groups Capital 300

Bank Innovation

FEBRUARY 26, 2020

The parameters around how consumer financial information should be shared with third-party apps and platforms was the subject of debate at an industry forum organized by the Consumer Financial Protection Bureau in Washington, D.C., on Wednesday.

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Data Washington Industry Customer Experience 300

Bank Innovation

DECEMBER 10, 2019

Centana Growth Partners, a New York and Palo Alto, Calif.-based based growth equity firm, closed its second fintech valued at $375 million this week. The firm, which closed a $250 million fund in 2015, primarily invests in business-to-business technology companies.

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Fintech New York Technology Company 293

PYMNTS

NOVEMBER 20, 2019

Scotiabank’s Three-Pronged Innovation Strategy. Banks keeping pace with fraudsters developing new data access techniques cannot approach AI development in a simple, regular way, so Scotiabank is moving its technology and implementation strategies outside of its own innovation lab.

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