Bank Innovation

JUNE 27, 2019

On Tuesday, Beth Knickerbocker, the chief innovation officer for the Office of the Comptroller of the Currency (OCC), delivered testimony to the House of Representatives' Task Force on Financial Technology. The Innovation Pilot Program would […].

Innovation 170

Innovation Report Financial Technology Fintech 170

Bank Innovation

APRIL 7, 2020

billion deal to acquire Galileo, a financial services API and payments platform that powers big names like Chime and Robinhood. Together with Galileo, we will partner to build on our companies’ strengths to drive even greater financial technology innovation, making those products and […].

Financial Technology 259

Financial Technology Innovation Fintech Technology 259

Bank Innovation

MARCH 23, 2020

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

US 259

US Fintech Lending Capital 259

Bank Innovation

SEPTEMBER 16, 2016

Toronto-based D+H, which provides financial technology to many of the world’s largest banks, has joined Bank Innovation Israel as a sponsor. D+H’s history in the financial services industry spans nearly 150 years, and the company generates more than $1.5 billion in annual revenue.

Innovation 150

Innovation Financial Technology Industry Technology 150

Bank Innovation

JANUARY 17, 2018

London bank Standard Chartered has created an investment unit for financial technologies and innovation, the bank reported today. Under the heading ‘SC Ventures,’ the unit will focus on the bank’s existing “minority investments in fintech,” as reported by Reuters, while also searching for new fintech investments.

Fintech 249

Fintech Financial Technology Innovation Report 249

Bank Innovation

FEBRUARY 21, 2018

EXCLUSIVE – Greenlight Financial Technology, a fintech startup for kids, has raised $16 million in a Series A funding round today, Bank Innovation has learned. Greenlight Technology is a combination of P2P and PFM features on a mobile app, and is unusual in that it focuses on children.

Fintech 249

Fintech Financial Technology Mobile Innovation 249

Chris Skinner

MARCH 21, 2018

I know that we deal with quite complicated things in financial technologies.

Security 351

Security blockchain cryptocurrency Financial Technology 351

PYMNTS

JULY 10, 2020

Speaking with PYMNTS, Muller highlighted the opportunity that the cannabis space has to adopt payments and other financial technologies that have leapfrogged over legacy solutions. Muller explained that the technology augments existing rails like eCheck and ACH to enhance data capture and transmission to complete a transaction.

Innovation 210

Innovation Payments Tools Compliance 210

CFPB Monitor

AUGUST 1, 2022

On July 18, the Federal Housing Finance Agency (“FHFA”) announced the launch of a new Office of Financial Technology with the goal of advancing effective risk management as it evaluates fintech developments in the housing finance space. It also solicits feedback on how to maximize stakeholder engagement.

Financial Technology 78

Financial Technology Technology Fintech Compliance 78

PYMNTS

JULY 1, 2019

The Bank for International Settlements ( BIS ) has announced the launch of a BIS Innovation Hub to enable central banks around the world to collaborate on financial technology solutions and innovation. There is a new economy emerging driven by changes in technology, demographics and the environment.

Innovation 155

Innovation Trends Technology America 155

Chris Skinner

JULY 21, 2017

They want to get to the nirvana of new technologies, but are stuck in a spaghetti of old systems. What we are seeing is many new companies launching capabilities built upon the latest internet-enabled technologies. They are very different to banks and are collectively known as FinTech, financial technology start-up companies.

Fintech 361

Fintech System Technology Apple 361

Bank Innovation

SEPTEMBER 26, 2019

Bank Innovation believes this will be the greatest number of APIs offered by one financial technology company. Martin Haering, chief marketing officer of Finastra, told Bank Innovation at Sibos this week that the doubling of APIs will happen within the next six months and is […].

Financial Technology 231

Financial Technology Innovation Technology Marketing 231

Bank Innovation

DECEMBER 24, 2019

Financial technology startups will enter the next decade with a little more street cred than the last time around. Nearly 60 upstarts focusing on financial services — from Stripe Inc. to Chime Inc. to Plaid Inc. — have garnered valuations of more than $1 billion in recent years, according to CB Insights.

Financial Technology 332

Financial Technology Technology Innovation Strategies Apple 332

CFPB Monitor

SEPTEMBER 20, 2021

AB-1864, which took effect on January 1, 2021 and significantly expanded the powers of the California Department of Financial Protection and Innovation, required the DFPI to establish a “Financial Technology Innovation Office.”. These discussions may include regulatory questions.

Financial Technology 78

Financial Technology Meeting Innovation CA 78

PYMNTS

JULY 13, 2020

Indeed, just as SMBs have fast-tracked their own digitization efforts, their financial technology partners have also found the current climate to be an opportunity to accelerate innovation and roll out new services to support their merchant and consumer users. Innovation On The Fast Track. The Bigger PayPal Picture.

Innovation 184

Innovation Online Community social media 184

CFPB Monitor

MAY 21, 2021

The California Department of Financial Protection and Innovation announced earlier this month that it has hired Christina Tetreault to lead the new Office of Financial Technology and Innovation. Tetreault most recently served as Manager of Financial Policy for Consumer Reports.

Financial Technology 78

Financial Technology Innovation Technology California 78

Gonzobanker

JULY 21, 2021

In a recent survey of banks and credit unions about their technology vendor contracts, Cornerstone Advisors found that more than half of these financial institutions allow emotional factors to influence their negotiation processes. Technology Vendor Financials Tell the Story. And it’s costing them money. Download it here.

Technology 158

Technology Comparison Survey Financial Technology 158

Bank Innovation

JANUARY 10, 2018

EXCLUSIVE – Fintech startup Greenlight Financial Technology has just added a new feature that helps kids understand tricky concepts like interest, APR and savings accounts. The feature allows the […].

Atlanta 305

Atlanta Fintech Financial Technology Technology 305

PYMNTS

JANUARY 21, 2019

Innovation is good, but flexibility and agility count, too — as does striking while it’s hot. DBI) , an employee benefits administrator, by financial technology services company WEX. Earlier in January, WEX announced a partnership with voice technology company AI.io

Innovation 167

Innovation Trends Technology Operations 167

CFPB Monitor

NOVEMBER 7, 2022

The OCC’s announcement that it will establish an Office of Financial Technology to “bolster the agency’s expertise and ability to adapt to a rapidly changing banking landscape” should come as no surprise to those who have been following recent pronouncements of Acting Comptroller Michael J.

Financial Technology 78

Financial Technology Technology Fintech Innovation 78

Accenture

APRIL 4, 2017

Storm clouds are gathering over the banking industry in the form of a fragmenting value chain, rapid migration to digital channels, encroaching financial technology firms, and open banking regulations. The ancient Chinese were innovators.

Technology 173

Technology Trends Survey Customer Experience 173

Bank Innovation

FEBRUARY 19, 2020

is part of a fast-growing class of well-funded financial technology startups offering debit cards, checking accounts and other financial […].

Report 312

Report Financial Technology Cards Technology 312

PYMNTS

SEPTEMBER 22, 2020

Jeremy Allaire , CEO of financial technology firm Circle , told PYMNTS that digital currencies are ready to transition from speculation to become a broadly adopted payments instrument. Allaire said this has been a long time coming.

cryptocurrency 345

cryptocurrency Regulation Financial Technology Meeting 345

Bank Innovation

MARCH 16, 2018

EXCLUSIVE—The legacy infrastructure of most banks leaves something to be desired, and payments technology provider Baton Systems wants to use the cloud, APIs, and distributed ledger technology to help.

System 186

System Financial Technology Technology Innovation 186

Bank Innovation

MARCH 20, 2018

EXCLUSIVE—Greenlight Financial Technology Inc., a PFM that provides “smart debit cards” to more than 100,000 users to begin financial literacy conversations with their children, is launching a credit product. Credit is interesting, investing.Read More.

Financial Technology 207

Financial Technology Cards Innovation Technology 207

Bank Innovation

SEPTEMBER 12, 2017

Finovate kicked off its 2017 Fall conference with demos from about 40 financial technology companies on its first day yesterday in New York.

Analytics 252

Analytics New York Conference Data 252

Chris Skinner

MARCH 26, 2018

I’ve been flying around a bit and was lucky enough to find myself onstage the other day, chairing the Ant Financial Technology Forum at Money20/20 Singapore.

Strategy 290

Strategy blockchain Financial Technology Technology 290

Bobsguide

MAY 26, 2022

Generation Life – a leading life insurance company that’s been providing Australians with tax-effective investment solutions for over 18 years – has launched its innovative new lifetime income solution, known as Generation Life LifeIncome, on GBST’s cloud-based wealth administration platform, Composer.

Technology 148

Technology Management Innovation User Experience 148

Chris Skinner

MAY 18, 2017

Banking and innovation doesn’t go together. Innovation creates risk and risk is unacceptable in a financial marketplace. So it’s interesting how we’ve spent the last five years talking about sandboxes, creativity and design in financial technologies. The idea is to innovate outside the markets.

Innovation 261

Innovation Financial Technology Marketing Examples 261

Bank Innovation

JUNE 27, 2017

INV Fintech, this site’s sister accelerator, announced a partnership today with Shanghai-based JadeValue, an incubator and investment fund, to enhance financial technology startups in both the United States and China.

Fintech 259

Fintech United States Financial Technology Technology 259

PYMNTS

MAY 24, 2019

The Financial Crimes Enforcement Network ( FinCEN ) is launching an initiative called the FinCEN Innovation Hours Program, as a call to private sector companies that have developed tech to fight money laundering and terrorist financing, the organization said in a release. FinCEN expects to hold events in the Washington, D.C.

Innovation 124

Innovation US Metro Washington 124

Bank Innovation

MAY 3, 2019

You may not have heard of the term “Silicon Alley,” but I am sure you are aware of the game-changing financial technology that is emanating from it. Silicon Alley” was initially coined in the mid-1990s as a way to group media startups housed around the Flatiron neighborhood of Manhattan.

Meeting 282

Meeting blockchain Fintech Financial Technology 282

Bank Innovation

AUGUST 17, 2017

Tencent Holdings will be increasing its investments in financial technologies like artificial technologies and in payments, the company stated during its earnings call yesterday. The decision to enhance these types of investments comes after the company reported a record net income of about $2.7

Payments 255

Payments Financial Technology Technology Report 255

PYMNTS

NOVEMBER 27, 2019

Beau wants to use distributed ledger technology (DLT), and France is considering a central bank digital currency (CBDC). It started a FinTech-targeted Innovation Hub this month, saying that the hub should “foster international collaboration among central banks on innovative financial technology.” .

blockchain 236

blockchain Innovation System Financial Technology 236

Bank Innovation

NOVEMBER 19, 2018

The number of financial technology companies is on a rise, and every year many of these new companies as well as established ones choose to situate themselves in cities that are not San Francisco or New York. In some cases, the establishment of one powerful player in a region automatically turns a place into a […].

San Francisco 267

San Francisco New York Fintech Regional 267

Bank Innovation

MARCH 9, 2017

Piazza, a 30-year financial technology veteran, who has been serving Citi in a variety of roles since 1988, will lead the group’s efforts in mobile, payments, and general fintech innovation. Citi Group named long-time executive Yolande Piazza the head of Citi Fintech today.

Fintech 170

Fintech Financial Technology Innovation Mobile 170

Bank Innovation

SEPTEMBER 20, 2017

One such fintech is Greenlight Financial Technology. EXCLUSIVE – One thing is clear: more and more fintechs are looking to create better interaction to engage users. Besides the obvious social media channels, another social phenomenon which seems to be advancing is gamification.

social media 244

social media Fintech Financial Technology Technology 244