Bank Innovation

OCTOBER 18, 2018

Banks need not fear large technology companies like Google or Apple taking their business. Digital banking continues to be the most convenient option for simple daily transactions, but branches are still necessary for the more complex ones And yet banks should not ignore the shift in banking habits brought on by non-bank technology companies.

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Google Apple Survey Digital Banking 225

Perficient

FEBRUARY 12, 2025

Payments Trend #1: AI-Driven Payment Innovations The landscape of payments and financial services in 2025 will be marked by groundbreaking innovations and user-centric designs powered by Generative AI (GenAI). Recommended Approach : To navigate these changes, businesses must balance innovation with compliance.

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Trends Payments Compliance blockchain 221

Bank Innovation

MARCH 8, 2016

SEATTLE — LendingTree will “buy the clicks” previously pointing to Google Compare, now that the search giant is shuttering the service, a top LendingTree official said.

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Google Seattle Innovation Operations 150

PYMNTS

MARCH 7, 2019

How PSD2 is Changing Lending in the U.K. For third-party providers, such as P2P lending and investment provider Zopa , PSD2’s data transparency rules provide an opportunity to “level the playing field” when it comes to gaining that consumer trust. and how third-party players are coping with it.

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Lending Regulation Regional Data 198

PYMNTS

MARCH 26, 2020

That lack of physical access has been a major stumbling block for FinTechs as they’ve tried to move from offering their customers a specific financial service – such as lending, saving or investing – toward becoming their primary financial services relationship. But the FinTechs, Baird noted, are adapting and innovating around that issue.

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Innovation Fintech Data Examples 241

Bank Innovation

JANUARY 22, 2020

Chief Operating Officer Paul-Henri Ferrand told Bank Innovation that the company aims to add insurance, lending and treasury products. “We’re building our operating system around our real-time underwriting and our financial stack. We think we can […].

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Lending Innovation Cards Operations 273

Bank Innovation

DECEMBER 3, 2018

Bitcoin is no longer enjoying the limelight, non-bank giants like Amazon, Walmart and Google have shaken up the banking landscape and automation has become the norm in various aspects of banking with banks like using it in the backend of credit decision-making and lending. But which Bank Innovation stories caught […].

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Google Bitcoin Lending Innovation 170

PYMNTS

SEPTEMBER 30, 2020

Overseen by the Office of the Comptroller of the Currency (OCC), the charter would allow firms like Facebook, Google or Amazon to bypass the process by which they need to collect money transmitter licenses state by state. That last measure aims to ensure that banks lend money and provide banking services to underserved and minority consumers.

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Regulation National System Industry 349

PYMNTS

JANUARY 21, 2021

In the bid to hasten their digital transformation, when it comes to innovation , financial institutions (FIs) may benefit from an “app store” approach as they weigh existing and new solutions. In a nutshell: If banks don’t innovate in a way that is imaginative and proactive, they will lose customers. Launching Into New Markets.

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Management User Experience Innovation Fintech 303

Bank Innovation

FEBRUARY 25, 2016

A small move from Google has apparently caused big trouble for Bankrate. Google, now a subsidiary of Alphabet, announced this week that it was shuttering Compare, its service for users deciding between various mortgage, insurance, and credit card offers. You’d think this would be good news for Bankrate, a site Read More.

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Google Cards Online Lending 150

Bank Innovation

APRIL 8, 2019

Upstart, an artificial intelligence lending startup, today announced a $50 million equity investment to expand its artificial intelligence-powered platform to other types of credit beyond unsecured personal loans.

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Google Lending Innovation Operations 170

PYMNTS

JULY 27, 2020

economy could take two years to recover, and Google faces a lawsuit in Australia over its use of personal data. Google Faces Lawsuit In Australia Over Use Of Personal Data. The strategy includes layoffs as well as strengthening commercial lending. In today’s top news, economists say the U.S. As lockdowns resume in many U.S.

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Google Maine Payments Innovation 148

Bank Innovation

OCTOBER 10, 2019

Sunil Chandra, who was appointed this week, most recently served as vice president responsible for global talent acquisition at Google. On the heels of an international expansion push, digital bank OakNorth‘s platform-as-a-service business has named a new CEO.

Google 150

Google Digital Banking Company Innovation Strategies 150

Bank Innovation

OCTOBER 31, 2019

Digital financial services from lending to asset management are expected to generate at least $38 billion of annual revenue across Southeast Asia by 2025, more than tripling from $11 billion in 2019, according to a new study by Bain & Co., Google and Temasek Holdings Pte.

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Study Lending Google Online 186

PYMNTS

OCTOBER 26, 2017

It was the (initially) small FinTech startups that delivered a collective shakeup to the small business (SMB) lending industry. Technology giants like Google and Amazon , which gained their market muscle from non-finance-related ventures, are slowly stepping into the space. Google could be in the running, too, she added. “If

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Lending Google Fintech Industry 109

Bank Innovation

AUGUST 11, 2016

Google Ventures is getting a new CEO. According to a report by Recode today, GV CEO Bill Maris is stepping down Friday and current managing partner David Krane will officially step into the CEO role. Multiple sources confirm that Krane is a permanent replacement for Maris, and GV already lists him Read More.

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Google Management Report Marketing 150

PYMNTS

JUNE 27, 2017

He also offers advice for how to innovate in the field. Here is an excerpt of the conversation: PYMNTS: How would you define your company’s approach to innovation? PYMNTS: Where do you look for innovative ideas, and why? PYMNTS: What is the most innovative thing you’ve ever done? JB: Innovation often means taking a risk.

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Innovation System Mobile Trends 145

Bank Innovation

FEBRUARY 17, 2016

Google today relaunched its Google Ideas think tank as Jigsaw, a technology incubator, and the new venture has several projects aimed squarely at some of banking’s thorniest issues. Officially, Jigsaw’s “mission is to use technology to tackle the toughest geopolitical challenges.”

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Google Examples Technology Operations 225

PYMNTS

DECEMBER 2, 2020

In addition, every player will have to make use of the country's open payments platform to guarantee interoperability, allowing money be transferred between the country's over 100 traditional banks and new digital services, including Google Pay , without fees.

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Payments Google Fintech Regulation 167

PYMNTS

AUGUST 29, 2018

Google has announced that it is partnering with select Indian banks to offer consumers instant, pre-approved loans via Google Pay (formerly known as Tez). This week, Google announced that it is rebranding the app as Google Pay, as the company plans an expansion into other areas of Asia.

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Google America Marketing Payments 100

PYMNTS

SEPTEMBER 9, 2019

Thus far, the other hearings and testimony have focused on the impact that marquee names, such as Google and Facebook , have had on the media industry. The second hearing focused on innovation and competitive impact on the tech space, and panelists included executives from Apple , Amazon and Google.

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Rhode Island District of Columbia Google North Carolina 189

PYMNTS

JULY 15, 2016

We’re serving up a four-course meal on Lending Club, bitcoin, the Visa Everywhere contest and Karen Webster’s latest opinion piece. Get the 411: Lending Club’s Skyrocketing Chargeoffs. Karen Webster spoke to these three CEOs to get the inspiration behind their innovation. What’s on the menu, you ask?

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Bitcoin Lending cryptocurrency Google 100

Bank Innovation

OCTOBER 15, 2019

Google Play is banning digital lenders whose products have APRs of 36% or higher, per a Wall Street Journal report Sunday. While the move may be seen as pro-consumer, it’s a sign lenders have more than just regulatory compliance to consider in the evolution of their product strategies.

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Google Compliance Strategy Report 236

PYMNTS

APRIL 21, 2020

The rise of open banking (and account aggregation) has shaped the conventional wisdom that banking will pivot toward innovation and service-oriented offerings. To get there, said Verdon, firms need a streamlined way to conceptualize, innovate, test and create new banking products.

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Branding Innovation Fintech Regional 232

PYMNTS

MARCH 18, 2016

The alternative small business lending market took home the biggest slice of cake this week with about $33.5 That may not have been surprising this time last year, but today, considering talk of lackluster performance by these innovators — plus recent warnings over a total market collapse — that funding is pretty impressive.

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Lending Capital Google Security 100

PYMNTS

MAY 16, 2016

We feel we owe the team at Lending Club special thanks for getting the week started off with a bang. The hits just kept on coming from there, and Lending Club’s stock price has taken a rather expected beating in subsequent days (as did most other marketplace lenders, who were apparently ruled guilty by association). Banks Under Siege.

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Google Data Policies Lending 101

PYMNTS

FEBRUARY 19, 2019

As reported, iwoca , a small business lender focused on online lending (with loans up to 250,000 pounds) said it raised 150 million pounds in debt and equity financing (where the division was 20 million pounds of equity financing and with the remainder as debt), as per reports Monday (Feb. In news that came from across the Pond, two U.K.-based

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Fintech Lending Capital Regional 187

PYMNTS

APRIL 16, 2019

While most CEO stories are about having founded a firm to solve a problem, Upstart CEO Dave Girouard and his team of former Google staffers actually started with a solution. Because, he said, banks may be the force that dominates consumer lending, but there are no guarantees the ones that dominate today will still rule tomorrow.

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Kansas City Lending Omaha Kansas 223

PYMNTS

OCTOBER 31, 2019

However, CUs face an innovation gap when compared to big banks that are racing ahead and implementing technology to better evaluate risk, provide personalized insights and foster greater financial inclusion in their markets. Credit unions that have picked an AI integration starting point still have more barriers to pass.

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Innovation Survey Lending Technology 101

Bank Innovation

JULY 26, 2019

Girouard spent eight years as the president of Google Enterprise, where he presided over Gmail and Google Docs. Dave Girouard, CEO and founder of Upstart, testified before Congress’ Task Force on Financial Technology for its hearing on the use of alternative data in loan underwriting and credit scoring.

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Google Financial Technology Data Technology 210

PYMNTS

JULY 7, 2020

There’s no shortage of disruptors — particularly neobanks that promise to change everything from checking to lending — but don’t count legacy players out just yet, Dr. Jud Linville , senior advisor at growth equity firm General Atlantic , told Karen Webster. Why A Good Engineer Is Worth 100 Consultants. ” What Banks Should Do Here.

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Fintech Innovation Software Technology 223

Accenture: Banking

NOVEMBER 27, 2017

Connecting more than 8,000 decision makers and thought leaders across the industry, Sibos 2017 in Toronto was once again the platform where the global financial community explored the disruptions and opportunities in payments driven by innovation, technology and new business models. Open APIs was the standout technology at the conference.

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Innovation Conference Fintech blockchain 174

PYMNTS

AUGUST 6, 2020

It will capitalize on Contis’ regulated status to help SMBs access support from FinTechs, including new payments and lending capabilities. Those cards are linked to popular digital payment services, including Apple Pay and Google Pay. There will be three programs for U.K. ”

Innovation 143

Innovation Cards Apple Google 143

PYMNTS

SEPTEMBER 6, 2019

And General Motors (GM) reportedly plans to add Google apps capability to its cars in 2021. GM Cars to Be Powered by Google in 2021. General Motors (GM) reportedly plans to add Google apps capability to its cars in 2021. Stripe Gets Into Lending. Also, commercial and consumer cards issued in the U.S. generated $6.13

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Capital Cards Google Payments 128

Jack Henry

AUGUST 21, 2019

As we speak, tech behemoths like Google and Amazon continue to take an innovative approach to customer engagement and expansion. A Celent report even notes that Amazon has been recently negotiating with big banks to launch a checking account, and the company has also formed a mortgage lending unit. *.

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User Experience Google Lending Industry 104

Bank Innovation

JANUARY 19, 2017

While Credit Karma (still) remained the top finance app for both the iOS and Google Play charts today, the TurboTax Tax Return app is not far behind. The TurboTax app is currently ranked second on the Google Play charts and third for Read More. It turns out taxes were popular this week.

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BankInovation

MAY 6, 2020

Google Cloud is the latest company to enter the Paycheck Protection Program frenzy as the tech heavyweight unveiled a trio of tools backed by artificial intelligence May 1.

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Google Tools Company Innovation Strategies 72