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Investing, Authentication, and a Few Bots Take the Stage at Finovate

Bank Innovation

SAN JOSE, Calif. Not all were startups (IBM) and not all were really fintech (Quid). All of them did their best to impress a passionate crowd of 1,500+ fintech fanatics. — Thirty-nine companies demoed their products to the crowd at Finovate Spring today. Here’s our take on the demos from Read More.

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Fiserv Ratchets Up R&D Spend, CEO Says

Bank Innovation

SAN JOSE, Calif. — Fiserv has increased its research-and-development spending to 7% of revenue this year, up from 5% last year, CEO Jeff Yabuki said at the Bank Innovation 2017 conference here on Monday. In 2016, Fiserv recorded $5.5 billion in revenue — which means somewhere around $385 million flowing into tech.

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Investments, Financial Management, and Even Some Virtual Reality: Finovate Day 2

Bank Innovation

SAN JOSE, Calif. – Day 2 of Finovate saw a seeming parade of wealth management and investment solutions, but the final one included a new twist — virtual reality. Was it a bit frivolous? Was the use case far-fetched, strained, even bizarre? Could be, but the audience appreciated it anyway simply Read More.

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Subscription Business Models Lead B2B VC Funding

PYMNTS

This week saw an impressive $324 million in combined funding for a range of B2B FinTechs and other solution providers, including alternative lenders looking to support small businesses as they manage working capital instability. Allica Bank, a FinTech in the process of building a small business challenger bank, raised more than $33.6

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Finovate Spring: A Focus on the Practical

Celent Banking

Finovate Spring 2017 has just finished up in San Jose; go to the Finovate blog at [link] for an official list of the best in show winners. Another way to bring new ideas to market quickly is to tap into others who’ve already built the solutions. The presenting roster was down to 59 companies from 72 last year in San Jose.

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PayPal’s Power Playing Week

PYMNTS

And while the first four months of the year in general have been active — particularly as PayPal has worked to distinguish itself as a standalone entity after spending over a decade as the payments arm of eBay — the last week has seen announcements coming left and right out of PayPal HQ in San Jose. We are growing rapidly.

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The Way to San Jose: FinovateSpring Has Sprung!

Fintech Labs Insights

Who goes all the way to San Jose, California for a fintech conference, you ask? And while presenters, attendees, and even a few members of the Finovate team are still making their way toward California’s third largest city (and home of the San Jose Sharks!), 135 West San Carlos Street. Presenters.