Bank Innovation

FEBRUARY 28, 2018

EXCLUSIVE – Everything in banking is changing: fintechs are solidifying their place in the financial ecosystem, as challenger banks, online lenders, and blockchain technology providers become essential functions to keep the industry moving forward.

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PYMNTS

DECEMBER 9, 2020

There’s a huge opportunity [in B2B payments] for businesses that have traditionally focused on the consumer,” David Disque , president of Corporate Spending Innovations (CSI), said in an interview with Karen Webster. The Outsourced FinTech Opportunity. In today’s world, we’re not yet fully standardized,” he said. Connectivity is key.

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Bank Innovation

MARCH 30, 2020

Given the significant challenges we’re facing with the ongoing coronavirus pandemic, INV Fintech and Bank Innovation conducted a brief survey from March 18 to 25, to gauge industry sentiment and understand practices going forward.

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Bank Innovation

SEPTEMBER 27, 2017

What is the state of banking innovation today? Each year, we poll the industry to find out. Fintech funding has grown tougher for startups, but banks’ balance sheets are looking stronger– what does it mean for innovation?

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PYMNTS

NOVEMBER 9, 2020

But the slump isn't across the board, and indeed, industry organizations are already showing signs of a bounce back. What's more, the market lull may offer a moment to focus on innovation for the future as commercial payment habits shift — perhaps permanently. The latest earnings results further drive this opportunity home.

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Chris Skinner

APRIL 6, 2017

I was listening to a financier talking about FinTech the other day, and claiming that they are all sustaining innovations and not disruptive. They were referring to Clayton Christensen’s innovator’s dilemma discussions, where Professor Christensen points to different markets that were destroyed by disruptors.

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Innovation Marketing Industry Regulation 271

Chris Skinner

JUNE 8, 2017

I sit on the judging panel for the FinTech 50, now in its fifth year, and the final list was revealed yesterday. It also reveals new collaborative partnership models being forged between FinTechs across Europe, as well as between FinTechs and banks.

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Fintech Innovation Trends Branding 306

Bank Innovation

DECEMBER 15, 2017

If it feels like innovation has been one of the hot themes of 2017 in the financial world, it’s because its true. A new report shows that despite many companies struggling to maintain a culture of innovation, financial services companies are among the top three industries getting it right.

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Innovation Industry New York City Report 297

PYMNTS

NOVEMBER 25, 2020

Female FinTech entrepreneurs are getting left out of funding even as record venture capital money is being pumped into startups. percent of FinTech startups with female founders received funding January through October, according to Crunchbase, per a Bloomberg report on Wednesday (Nov. Companies that did get funding received only 0.9

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Fintech New York Innovation Industry 288

Perficient

FEBRUARY 2, 2023

Across industries, consumers are communicating the same demands; they see the thing, they want the thing, and they want it in their hands within hours, if possible. With this shift has come the infiltration of BNPL into new industries, such as manufacturing, education, healthcare, and raw materials.

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Industry Trends social media Payments 471

PYMNTS

FEBRUARY 5, 2020

FinTechs are keeping an eye on emerging technologies at the beginning of the year — and predicting how they will impact business-to-business (B2B) payments in 2020. Praeger noted there is still attention surrounding blockchain, but it hasn’t been the game-changer that many people in the industry had expected. Blockchain.

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Fintech Innovation Payments blockchain 238

Perficient

JULY 11, 2022

BNPL companies exploded during the pandemic when many were struggling financially and doing more online shopping, and they have continued to grow in popularity among practically all industries. Fintech enthusiasts should also keep a close watch on Apple’s newly unveiled BNPL system, Apple Pay Later. According to Kristen E.

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Fintech Trends Apple South Dakota 474

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

JANUARY 16, 2018

Rarely a day goes by that the financial industry isn’t being infused with the latest and greatest technologies. Fintech, or the marriage between finance and technology, is several decades in the making. While it’s nearly impossible to predict what the latest fintech breakthrough will deliver, at […].

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Fintech Industry Technology Marketing 334

Bank Innovation

MAY 25, 2017

Focus on products in the fintech industry is over the top, and, as a result, the majority of consumers struggle to find financial products that address their immediate needs. This was the overarching sentiment from panelists during the MorningStar Fintech Forum yesterday.

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Fintech Innovation Industry Millennials 281

PYMNTS

DECEMBER 9, 2020

It’s just the latest in a series of mega-mergers seen throughout the industry. Lukies said consolidation in the payments industry has been the tendency for the past six decades. All of these new FinTechs and digital innovators are changing the landscape as the role of payments rapidly shifts in the broader financial services arena.

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Innovation Fintech Payments Regulation 306

Bank Innovation

AUGUST 7, 2017

A bank buying a fintech company is newsworthy, but a fintech startup buying a bank means the industry may be changing. It’s happened before — Green Dot bought Bonneville Bank back in 2011, and there have been a few others, but it’s far from a trend — yet. But that kind of change is what […].

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PYMNTS

DECEMBER 29, 2020

In this week's roundup of bank-FinTech collaboration and open banking initiatives, Citi embraces the unlocking of account data to third-party FinTechs, while WEX weighs in on opportunity for banks to take advantage of partnerships. Plus, one FinTech offers a new spin on the open banking model to drive financial inclusion.

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Fintech Data User Experience Innovation 308

Bank Innovation

JANUARY 25, 2018

EXCLUSIVE – Fintech security company Tender Armor today raised a Series A funding from private investors. The amount was undisclosed, but company CEO Madeline Aufseeser told Bank Innovation the multi-million-dollar amount was above the industry average for the amount invested and the company valuation.

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PYMNTS

MARCH 19, 2020

The current climate of innovators appears to be up for the challenge, however. FinTechs and banks continue to develop new solutions to address many of the biggest pain points of global business payments, from speed to foreign exchange. .” Accelerating Ecosystem Innovation. So how do you accelerate that?”

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Bank Innovation

APRIL 19, 2017

Among the endless rows of tech startups from all imaginable industries– from rideshare, to edtech, and beauty– seven fintechs rose to show off their latest during the TechDay event in New York yesterday. Qplum The startup, launched […].

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Fintech New York blockchain Lending 294

Payments Dive

OCTOBER 31, 2022

Here’s how fintech innovators can protect customer data. Cybercrime countermeasures are essential to protecting private banking data.

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Bank Innovation

JUNE 5, 2018

But some companies have become data masters and found ways to use data not just to innovate but create change within their industry. […].

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Innovation Data Industry Company 291

Bank Innovation

OCTOBER 3, 2016

While there weren’t any mega rounds this past week, the funding for fintech is still trickling in—also Beyoncé became a tech investor, so maybe she needs a payment company; keep hope alive—and investors are still putting their money into the different areas of the industry, like specialized payment platforms, blockchain, Read More.

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Fintech blockchain Industry Payments 312

Bank Innovation

APRIL 17, 2017

Another strong opportunity for Fintech identified is to help that large percentage of the population who are not necessarily financially unwell but perhaps not as strong as they should be. Special thanks to our wonderful hosts Claire Calmejane , Caroline Stretton and Sarah Kenrick of LBG Innovation Lab for making this event happen!

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Bank Innovation

DECEMBER 26, 2018

This year the financial services industry saw a lot of fintech M&A activity. Here are five deals, in no particular order, that Bank Innovation's editors think will most significantly impact the landscape in 2019. iZettle is […].

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Fintech Innovation Industry Payments 218

Bank Innovation

MARCH 7, 2017

.– Has banking had its “Uber moment,” or is the industry still waiting? This was one of the key questions debated by the fintech professionals attending Bank Innovation 2017, currently taking place here. Uber, for the uninitiated few, sparked a worldwide shift in its industry after its founding.

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Bank Innovation

AUGUST 14, 2018

Realtime payments are at the top of the innovation wish list for most banking professionals. According to a survey from TD Bank, released today, 42% of payment professionals cited integration of realtime payments system as the number one factor that could have the greatest impact on the industry.

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PYMNTS

APRIL 16, 2019

Cross-border FinTech efforts have seen increasing participation from central banks and monetary authorities. The MOU dictates that the banks will train FinTech startups with an eye on cross-border transactions. The Fed And FinTech Firms. The banks have also agreed to share data on emerging markets.

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PYMNTS

JULY 16, 2020

As most businesses and industries have struggled over the past 12 weeks, the payments industry was ready with the necessary infrastructure, products and services to support the digital shift. What has changed is the demand for certain payment types above others.

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Industry Payments Trends Compliance 239

Bank Innovation

JULY 12, 2018

Most fintech startups don’t survive. The landscape of payments, lending, artificial intelligence might seem bustling thanks to all the industry hoopla around it, but the success rate for a startup to make it in these fields — or for that matter any of 15-plus fintech segments — is slim.

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PYMNTS

NOVEMBER 13, 2020

Despite a growing community of FinTech solutions geared toward the industry, managing invoices and B2B payments remains a challenge. In an effort to overcome this point of friction, alcohol industry solutions provider Fintech and eInvoicing technology firm AccountsFlow recently announced a partnership.

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Industry Payments Retail Regulation 219

Bank Innovation

MARCH 23, 2020

Industry group Financial Innovation Now urged Congress in a letter to provide capital to online lenders including PayPal and Square Inc., Financial-technology firms including PayPal Holdings Inc. are lining up to help speed lending to small businesses during the coronavirus crisis — and are pushing for a slice of emergency U.S.

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PYMNTS

JANUARY 6, 2021

And according to Doug Brown, senior vice president and general manager of digital banking at NCR , simplicity and innovation have turned what could have been a disastrous year into a transformational pivot for the better. Nudging Evolution. Open Banking And The Future. When it comes to open banking , Brown said that NCR is all in. “We

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Bank Innovation

FEBRUARY 15, 2020

Defying the gloom around the financial services industry in post-Brexit Britain, the U.K. has maintained its edge in fostering the industry’s digital revolution. Lured by friendly regulators, fintechs have proliferated and investors have poured billions into companies that have rattled centuries old, high-street lenders.

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PYMNTS

MARCH 2, 2020

It’s really difficult, the banking ecosystem is not fast and that’s just reality,” Jim McCarthy, industry expert and former innovation head for Visa, told Karen Webster in a recent conversation. The Headwinds Creating The Innovations Gap . According to the latest edition of the Innovation Readiness report, only 22.3

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PYMNTS

FEBRUARY 26, 2020

26) that Enfuce — Finland’s largest FinTech startup — is implementing the Featurespace ARIC Risk Hub to protect its clients from cyberattacks. Founded in 2016 by Denise Koskinen and Monika Liikamaa, Enfuce offers payment and open banking services to more than 8 million banks, FinTechs, financial operators, and merchants. .

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