Payments Source

MARCH 20, 2019

In the era of digital transformation, it can be easy to mistake activity for achievement. A disciplined approach is needed, writes Tim VanTassel, a vice president at FICO.

Innovation Strategies 130

Innovation Strategies Strategy Innovation Fintech 130

Bank Innovation

OCTOBER 23, 2019

Luge Capital, a fintech venture capital firm based in Toronto and Montreal, serves a growing ecosystem of startups north of the border. This week, it closed a C$85 milion ($65 million) fund for fintech and AI solutions.

Fintech 186

Fintech Capital Marketing Company 186

Bank Innovation

APRIL 13, 2020

One week after the Small Business Administration launched its Paycheck Protection Program, banks and fintechs alike are still navigating best practices to get funding into the hands of small business clients. As COVID-19 continues to rattle the economy, startups are launching new products and features to engage customers.

Fintech 364

Fintech Customer Experience Innovation Strategies Strategy 364

Bank Innovation

AUGUST 14, 2019

European fintech companies raised $3.3 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

Fintech 170

Fintech Financial Technology Capital Online 170

Bank Innovation

APRIL 10, 2020

One week after the Small Business Administration launched its Paycheck Protection Program, banks and fintechs alike are still navigating best practices to get funding into the hands of small business clients. As COVID-19 continues to rattle the economy, startups are launching new products and features to engage customers.

Fintech 369

Fintech Customer Experience Innovation Strategies Video 369

Bank Innovation

FEBRUARY 21, 2020

Welcome to the latest episode of our Weekly Wrap series, for the week ending Friday, Feb.

Fintech 243

Fintech Digital Banking Customer Experience Innovation Strategies 243

Bank Innovation

MARCH 12, 2020

Fintech startups looking to upend how Americans do their banking are facing their first major test as interest rates fall and fearful consumers seek safety at traditional banks. Square Inc. and Stripe Inc., mobile payments companies founded after the 2008 financial crisis, and digital banks including Chime Inc.

Digital Banking 359

Digital Banking Payments Fintech Mobile 359

Bank Innovation

NOVEMBER 26, 2019

More than 2.5 quintillion bytes of data are created every single day. As such, lenders are collecting vast amounts of consumer information and calling it “big data,” a key product to generate insights, support decision making, and enable automation.

Big Data 259

Big Data Data Fintech Innovation Strategies 259

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.

Survey 273

Survey Innovation Fintech Industry 273

Bank Innovation

NOVEMBER 27, 2019

Welcome to the latest episode of our weekly wrap video series, for the week ending Friday, November 29, 2019.

Video 259

Video Fintech Operations Customer Experience 259

Bank Innovation

FEBRUARY 10, 2020

As banks continue to explore best practices around handling customer data, insight from core technology provider Fiserv suggests open banking can help banks compete with fintechs and large incumbents alike. “By

Innovation 284

Innovation Fintech Data Technology 284

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 […].

UX 170

UX Capital Fintech Video 170

Bank Innovation

SEPTEMBER 23, 2019

Tom Eck, Global Chief Technology Officer of Industry Platforms at IBM, told Bank Innovation that the number of startups in Catalogue is a result of significant effort on the part of the technology […].

Fintech 231

Fintech Software Innovation Industry 231

Bank Innovation

APRIL 16, 2020

EST, Bank Innovation will host a Zoom meeting for subscribers titled “Regulators’ and Financial Institutions’ Pandemic Responses: What Do We Know, What Can We Know, and When Can We Know It?”

Meeting 273

Meeting Regulation Innovation Fintech 273

Bank Innovation

OCTOBER 24, 2019

Technology and the rise of fintechs have called into question almost every traditional banking model, requiring banks to either adapt or be left behind. In today’s digital age, some banks have been slow to innovate or to create a more […].

Innovation 253

Innovation Fintech Industry Technology 253

Bank Innovation

MARCH 23, 2020

economy are top of mind for banking executives, according to fresh data from INV Fintech. Financial institutions are rushing to reinforce digital channels and ramp up cybersecurity measures as people increasingly work and bank from home, and fears about the longstanding effects the coronavirus on the U.S.

Fintech 259

Fintech Data Customer Experience Innovation Strategies 259

Bank Innovation

DECEMBER 17, 2019

Core banking providers FIS and Fiserv face pressure from banks’ growing in-house tech investments as well as fintech competition, Morgan Stanley reported in a research note this week.

Study 221

Study Fintech Report Innovation Strategies 221

BankInovation

JUNE 25, 2020

A recently launched fintech consortium in Greater Sacramento is already generating partnerships between local technology providers and financial institutions.

Sacramento 87

Sacramento Fintech Innovation Technology 87

Bank Innovation

DECEMBER 5, 2019

Canadian venture capital firm Portag3 is continuing its global push with the close of a C$427 million ($320 million) fintech fund this week. The firm’s second fund will focus on early-stage startups that cover wealth management, banking and insurance, including direct-to-consumer and business-to-business models.

Capital 221

Capital Fintech Management Innovation Strategies 221

Bank Innovation

MARCH 4, 2020

Payitoff, a white-label platform that provides automated guidance on student loan repayment, won the 2020 Bank Innovation Ignite DEMOvation contest. With the win, Payitoff has been awarded an advertising package on Bank Innovation worth $10,000. Rodrigo Suarez, principal of INV Fintech, moderated the startup pitch competition. “We

Innovation 195

Innovation Fintech Company Customer Experience 195

BankInovation

JULY 17, 2020

Fintechs looking to expand beyond their Bay Area or New York City headquarters have welcomed an unlikely visitor in recent years: Utah Gov. Gary Herbert. “The The governor is a great salesperson,” said Val Hale, executive director for the Utah Governor’s Office of Economic Development.

Utah 83

Utah New York City Fintech California 83

The Financial Brand

JANUARY 20, 2022

The post 9 Misunderstood Fintech Trends Impacting Retail Banking appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Some, like Banking-as-a-Service are widely known. Others, like embedded finance and DeFi are emerging. Not all trends will have equal impact.

Trends 43

Trends Retail Fintech Banking Trends 43

Bank Innovation

JULY 30, 2019

While the jury is still out whether the Apple Card will be the disruptive force that Apple has claimed it will be, fintech firms and banks alike appear eager to beat the tech giant to the punch. Tuesday’s launch of Zerocard, a “debit-style” credit card from fintech firm Zero, in partnership with WebBank, Evolve Bank […].

Apple 170

Apple Cards Fintech Customer Experience 170

PYMNTS

SEPTEMBER 17, 2019

There is a mountain of friction in commercial payments today that seems to have held the industry back from the kind of rocket-pace innovation propelling retail and consumer payments into the future. The surge in bank-FinTech collaboration seen in recent years has propelled banks’ infrastructure upgrades, too.

Innovation 132

Innovation Payments Cards Industry 132

Bank Innovation

JULY 25, 2019

Card issuing and processing startup Marqeta may not have picked the sexiest part of the payments ecosystem to disrupt, but it’s looking to catch the same wave as challenger banks and fintech lenders that are raking in funds by the hundreds of millions as they expand into new geographies. Marqeta uses open APIs to allow […].

Payments 186

Payments Cards Fintech Innovation Strategies 186

BankInovation

MAY 6, 2020

Galileo, the financial services API and payments platform behind big-name fintechs like Chime and Robinhood, announced its expansion into Mexico last week through a certification with Mastercard. Financial inclusion begins at the enabling layer, which is where Galileo focuses,” said Tory Jackson, Galileo’s in-country manager for Mexico.

Fintech 80

Fintech Management Payments Innovation Strategies 80

Bank Innovation

NOVEMBER 15, 2019

While large consumer-facing fintech companies like Square, Klarna, Affirm and others tout speed and efficiency of their user experiences, card issuing and processing startup Marqeta‘s technology supports their payment capabilities, with its APIs allowing […].

Tools 170

Tools User Experience Cards Fintech 170

BankInovation

SEPTEMBER 11, 2020

This is the question bank and fintech panelists tackled during the Bank Innovation Build virtual conference yesterday, and the predictions spanned commercial and retail banking, the role of banks in facilitating financial health, and […].

Conference 98

Conference Innovation Retail Fintech 98

Bank Innovation

OCTOBER 4, 2019

Fowler will talk about his work on a panel discussing bank-fintech collaborations at Bank Innovation Build, which runs from November 6-7. As vice president of enterprise machine learning at TD Bank, Matt Fowler faces the difficult task of overseeing the bank’s efforts to ensure its algorithms are free of bias.

Innovation 150

Innovation Fintech Innovation Strategies Strategy 150

Bank Innovation

MARCH 26, 2020

The Coronavirus pandemic is posing significant challenges to the banking sector, forcing financial services providers into contingency mode and already driving cost-cutting initiatives and branch closures. What damage will the coronavirus crisis create in banking?

Innovation Strategies 343

Innovation Strategies Strategy Innovation Fintech 343

BankInovation

JUNE 5, 2020

Many fintechs rallied for social justice on Twitter, but their offline actions were a mixed bag. Protests launched around the country this week in response to systemic racism and police brutality.

Fintech 64

Fintech System Customer Experience Innovation Strategies 64

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

The Financial Brand

JANUARY 13, 2021

Partnership with fintech backer Ribbit could bring major new financial services to masses in local communities that trust mega retailer. The post Walmart’s Fintech Deal Threatens a Much Deeper Banking Incursion appeared first on The Financial Brand.

Fintech 40

Fintech Community Branding Retail 40

BankInovation

SEPTEMBER 2, 2020

Bank Innovation is pleased to announce today the launch of the Emerging Fintech Directory, a database that houses hundreds of engaging and emerging fintech startups. The directory will […].

Innovation 52

Innovation Fintech Company Innovation Strategies 52

BankInovation

SEPTEMBER 9, 2020

Banks and fintechs rejigged their digital roadmaps during the initial sting of the pandemic and, six months later, continue to re-evaluate their backlog of technology projects and ventures, panelists said at the Bank Innovation Build conference today.

Fintech 59

Fintech Conference Innovation Technology 59

Bank Innovation

DECEMBER 13, 2019

Smaller banks and credit unions are under increasing pressure from larger banks and tech-centric financial services companies. New data shows why significant gaps in mobile banking capabilities are complicating these FIs’ struggles to keep up.

Mobile 300

Mobile Data Technology Trends 300

PYMNTS

NOVEMBER 20, 2019

Scotiabank’s Three-Pronged Innovation Strategy. ” The FI is combating global fraudsters’ sophistication with technology like AI, as well as educational seminars for both its business and retail banking customers. It is really for any new innovations and trends out there, which would include fraud and cyber.”.

Fraud 117

Fraud Data Management Analytics 117