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How digital-only First Internet Bank strives to keep Indiana talent

Bank Innovation

As banks and startups on both coasts compete for new graduates, Fishers, Ind.-based based First Internet Bank is using an internship program to keep talent in the Midwest. The program, which lasts a few months, sources talent from local universities. Participants are expected to take a hands-on approach and effect change at the institution.

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Digital-only First Internet Bank retains 90% of its original customers

Bank Innovation

David Becker, CEO of Fishers, Indiana-based First Internet Bank, told Bank Innovation that it has kept 90% of its original customer base as a result of its niche […].

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CFPB Rolls Out Innovation Regulator Network

PYMNTS

A network to better coordinate financial innovation among federal and state regulators is being launched by the Consumer Financial Protection Bureau (CFPB) in partnership with several states, the agency said in a press release. State regulators in every state were invited to join. .

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Tech Center: Fishers Deepens Its Technology Innovation By Launching IoT Lab

PYMNTS

Technology innovation can happen at any place at any time. As rental prices for prime real estate in large cities continues to rise, startup companies and innovation centers look to the surrounding areas. Not too far outside of the city of Indianapolis, Indiana is the city of Fishers. The GDP of Hamilton County is $521 million.

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Fabletics Announces Brick-and-Mortar Expansion

PYMNTS

The first opening will take place in Frisco, Texas next March, followed by Indianapolis, Indiana; Lexington, Kentucky; Schaumburg, Illinois; Boulder, Colorado; and Portland, Oregon in the second quarter of 2017. Less is more,” Dustin Netral, SVP of operations for Fabletics, said in a press release.

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Indiana University fund backs emerging anti-fraud tech vendor

Payments Source

Innovate Indiana is taking part in a $2.6 million investment in Rippleshot, a company that uses artificial intelligence to detect card fraud.

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Purdue Federal Credit Union Selects Payrailz For Payment Services

PYMNTS

The West Lafayette, Indiana-based credit union (CU) is also becoming a part of CU Railz, the credit union service organization (CUSO) of Payrailz, as a backer, according to a Monday (Sept. 21) announcement. “At The CU aimed to make sure its members use payment services without having to depend on other payment mobile programs.

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