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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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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?

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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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2016 Innovators to Watch: 44 Executives Shaping the Future of Banking

Bank Innovation

Some of the shine seems to have come off fintech innovation in 2016. Startup valuations are dropping; once abundant venture capital is growing scarcer; marketplace lending has gotten bruised — even the self-proclaimed capital of fintech, London, faces an uncertain future with Brexit. Read More.

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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.

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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. Europe and South Africa.

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Standard Chartered Opens Fintech Innovation Center in Hong Kong

Bank Innovation

Standard Chartered has officially open its eXellerator facility, a center designed to promote the innovation of fintech, in Hong Kong, the bank announced today. The bank will operate the innovation center under its SC Ventures arm, which invests in emerging fintechs and other startups.