This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
It will be easier for NewYork cryptocurrency businesses to launch in NewYork, thanks to a plan by regulators that would ease licensing rules. This MOU with SUNY is a strategic step to diversify and deepen the next wave of innovators in the virtual currency space in NewYork,” said Lacewell in a statement.
When two Irish brothers started Stripe Inc. together in 2010, there was little question about where they should put their headquarters. It had to be California. Now, though, Stripe is leaving the tech mecca of San Francisco, awash in tech talent and investor cash, and is in the process of moving its main office about 10 […].
Bank P2P service Zelle is having some issues with fraud, with some customers reporting that hackers, exploiting weaknesses in the platform, had cleaned out their bank accounts: even if those customers had never used, or head of Zelle, according to a NewYork Times report this weekend.
In NewYork State, perhaps anticipating a […]. For one thing, rising interest rates will increase their cost of funds, and perhaps make their offerings less attractive, and for another, regulations may arrive that make operating their businesses more expensive.
In many ways, 2020’s version of NewYork Fashion Week was much like any other year. The metallic bralette-as-shirt seemed to be this year’s Fashion Week uniform for the famous – and represented impressive dedication to style, considering that the average temperature in NewYork last week was below 40 degrees.
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.
Global payment network Mastercard will be opening another innovation lab, this time in Pune, India, where the company will continue to focus on finding and experimenting with new fintech technologies.
If you want a more innovative bank, it starts, and largely stops, with what your approval process looks like for new technology. Take a human and force them to grow up in NewYork City. That is basically how banks are handling innovation. You also hire consultants to come in and teach outdoor skills.
No matter how innovative they are, companies still need to get paid. And not many companies this year have combined business model creativity with payments innovation more than Beautycounter. While all the innovations and the business awards are nice to have, Renfrew is most proud of her work as a beauty industry activist.
At the TechCrunch Disrupt 2017 event, currently taking place in NewYork, Bank Innovation came across a gauntlet of bright, shiny new fintechs. In a mood for some fintech inspiration? Take a walk down the startup alley.
As a part of its retail transformation strategy, HSBC Bank USA spent over $130 million on innovation projects in one year on its U.S. These projects range from less visible, but equally important, system upgrades on the back-end and more visible ones like installing Softbank’s robot Pepper in its NewYork flagship. operations.
There’s a lot that’s new and digital about NewYork Fashion Week. In fact everything is new from the virtual runways to the individual shows getting precedence over the more general events. Even the sponsorships are new, including home improvement retailer Lowe’s. It might seem to be an unnatural pairing.
In response to COVID-19, the conference will now take place online, replacing Blue Prism’s previously scheduled London and NewYork events. Registration is free and open to all who wish to attend.
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.
A lawsuit brought by NewYork banking regulators could have a significant impact on fintech development amid efforts by federal authorities to drive innovation.
I’m launching the new book Digital Human in NewYork on the evening of April 12. BTW, I’ve also heard a lot of people have been frustrated that Amazon cancelled their pre-orders of the new … The post Digital banks are 35+ times more productive than traditional banks appeared first on Chris Skinner's blog.
If you picked up the NewYork Times Business section this morning, you probably saw the photo of the fintech guru, Brett King, looking out the window of a dimly-lit room. The caption read: “Brett King once hoped his company, Moven, would become ‘the Facebook of banking.’” Those hopes are Read More.
EXCLUSIVE – The Brink’s Company and expense management provider Bento for Business introduced a new Travel & Expense Debit Card at Finovate in NewYork. The partnership is a major win for Bento, who launched only two years ago with a prepaid card for SMBs.
As organizations begin to think about the recovery phase from the COVID era, businesses that were digitally enabled and able to innovate fared better. Companies that were previously resistant to change were suddenly faced with the choice to accelerate digital innovation or risk their survival.
NewYork City-based Grasshopper Bank is geared toward startups, with a focus on pain points for founders. Jeremy Shure, global head of Grasshopper’s early-stage practice, told Bank Innovation that the company serves founders where the banking industry […].
Silicon Valley, NewYork City, and Boston all have thriving fintech communities, and are definitely worth a trip for the invested fintech entrepreneur, but the U.S. is already seeing a cluster of other fintech hubs emerge. These cities boast strong tech communities, talent pools, good coffee, and cheaper rents.
At first glance, NewYork-based Qapital, a digital banking, investing and budgeting platform, might look like a challenger bank. But CEO and co-founder George Friedman says Qapital’s offerings are more than just a collection of financial products. To Qapital, which launched in the U.S.
Toronto is a powerhouse for financial innovation in Canada: The city has the most sizable ecosystem for FinTech in the country, with 185 startups per one count. NorthOne , a FinTech firm that focuses on small business owners, is one of the companies that call the city home.
Tools that can fill specific business needs and features beyond more than just real-time speeds are beginning to grow more important, propelling development and innovation in this area. The system lets potential buyers put their PINs into merchants’ smartphones without any additional hardware.
Back in November, Bank Innovation reported the NewYork. EXCLUSIVE – PFM platform MoneyLion now has two million customers on its app. That number is a milestone for the fintech that launched a little over four years ago. based personal finance app’s user base to be 1.5
Companies seeking to hold initial public offerings (IPOs) on the NewYork Stock Exchange (NYSE) no longer will be required to let investment banks buy and sell the first shares to hit the market, the Financial Times (FT) reported. The addition of a lower-cost, underwriter-free IPO option was formally approved by the U.S. Until today.
according to a new report by NewYork-based law firm EnvisionIP. Bank of America has more blockchain-related patents than any other firm in the U.S., According to the report, Bank of America has 43 patents while Mastercard and IBM have 27 each, followed by 14 from Fidelity.
PREMIUM - If you walk into HSBC's flagship NewYork branch, the chances that you will be greeted by a robot are pretty high. The bank's innovation team, which unveiled its SoftBank Robotics-run robot Pepper yesterday, hopes that this will draw more traffic into the branch, and thus increase business.
Last year, regulators in NewYork decided to take cybersecurity matters for financial institutions into their own hands, releasing a set of rules (which went into effect in March), requiring banks and other FIs to establish a stricter cybersecurity program.
For inspiration in banking innovation, we often look to other industries. Instead of thinking traditionally, Gentle Monster pursued a strategy of innovation and creativity to become the hottest sunglass company globally, creating a company currently valued at $900 million. Honkook Kim and his Gentle Monster Brand is a perfect example.
Centana Growth Partners, a NewYork and Palo Alto, Calif.-based based growth equity firm, closed its second fintech valued at $375 million this week. The firm, which closed a $250 million fund in 2015, primarily invests in business-to-business technology companies.
EXCLUSIVE – With its first credit card out today, NewYork fintech Petal aims to serve the “credit invisible,” according to its CEO and co-founder Jason Gross, by granting credit cards sans credit score. Instead of focusing on credit scores, Petal looks at an applicant’s financial behavior.
The NewYork-based Hypr announced today that it received an additional $2 million on a Series A funding, first announced in October 2017. Today’s round was led […].
The question for the 2020s, and the focus of her remarks at the big show in NewYork last week, is about innovations itself — what is truly leading in innovation and what constitutes being a laggard? The latter is innovative; the former is, well, just a tweak. Testing Innovation .
Global concern over the coronavirus spreading on contaminated surfaces in public places is unleashing rapid development of innovative biometric products that could assist a touchless society. They are also designed to kill the COVID-19 virus with ultraviolet (UV) lighting in the air ducts.
Such is the situation emerging in NewYork City among taxi and ridesharing drivers — who, in an attempt to avoid the coronavirus, are avoiding Chinese passengers. Robinson is a mother of one who moved to NewYork from Hong Kong 10 years ago, and lives in the rather exclusive Upper East side. I don’t know who has it.
IBM is planning to invest over $2 billion to help establish an “AI Hardware Center” at the SUNY Polytechnic Institute campus in Albany, as well as boost its high-tech footprint throughout NewYork State. IBM will also expand and extend its partnership with SUNY Poly for the Center for Semiconductor Research (CSR). “AI
Nyca Partners has closed on $210 million for its third investment fund, a vehicle that will let it continue to support the growth of fintech innovation, David Sica, partner at the NewYork- and San Francisco-based venture firm, told Bank Innovation. “There’s really good entrepreneurs […].
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 NewYork yesterday. Qplum The startup, launched […].
Earlier this week, it was announced that both Apple Pay and Masterpass are now integrated into MTA’s eTix, meaning that the millions who use the MTA trains to get into and out of NewYork City every day can purchase tickets digitally. The announcement was made yesterday and changes went into effect today. Masterpass Read More.
EXCLUSIVE – Digital accounting company Wave has signed an agreement with Royal Bank of Canada to provide its platform to the bank’s online business banking site, the company announced at the Finovate Conference in NewYork.
We organize all of the trending information in your field so you don't have to. Join 23,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content