Bank Innovation

SEPTEMBER 7, 2016

Artificial intelligence is set to challenge traditional technologies in financial services, if the startups that demoed at BBVA Open Talent in New York today are any indication. The BBVA Open Talent Challenge is part of Next Money NYC. Today’s event is one of three regional finals, from which a few Read More.

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Bank Innovation

JANUARY 17, 2017

The New York State Department of Financial Services submitted a formal comment letter to the OCC today, saying that the latter, frankly, isn’t going to do the job of regulating fintechs — and isn’t Read More. Turns out, not everyone is happy about the OCC’s decision to grant banking licenses to (suitable) fintechs.

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Perficient

OCTOBER 14, 2020

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.

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Bank Innovation

AUGUST 14, 2018

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.

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PYMNTS

FEBRUARY 17, 2020

The merger of cell phone giants T-Mobile and Sprint won’t face a challenge from New York Attorney General Letitia James, who said Sunday (Feb. A coalition of states led by New York and California has been attempting to block the deal, arguing that only having three major cell phone carriers in the U.S.

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PYMNTS

MARCH 6, 2020

Real-time payments are imperative for running successful operations in today’s global ecosystem. 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.

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Bank Innovation

FEBRUARY 23, 2017

If you picked up the New York 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.

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Bank Innovation

AUGUST 17, 2017

Silicon Valley, New York 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.

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Bank Innovation

FEBRUARY 26, 2020

New York-based software startup Alkymi recently raised $5 million in a seed round to help financial institutions and other enterprise clients automate back-office workflow.

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PYMNTS

NOVEMBER 25, 2020

We’re operating at this intersection of finance and technology, which are both industries that are woefully underrepresented by women in the first place,” Alaina Sparks , a managing director and the U.S. Female Innovators Lab is a New York program run by the Anthemis Group and Barclays that champions female FinTech founders.

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Bank Innovation

MAY 16, 2017

Last year, regulators in New York 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.

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Bank Innovation

JUNE 27, 2018

PREMIUM - If you walk into HSBC's flagship New York 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.

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PYMNTS

OCTOBER 4, 2019

Today in the payments news roundup, Square is rolling out CBD early access program that will allow U.S. Also, New York is taking a closer look at the payroll technology space with the fallout from the scandal and collapse of MyPayrollHR. ClassPass CEO: How Digital Platforms Have Innovated Health, Fitness.

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PYMNTS

JANUARY 22, 2018

With Uber, for example, cars must have four doors and be newer than 15 years old to operate on their platform. Lyft has similar requirements, too, although cars must be no older than 12 years on its platform, unless a driver operates in certain coverage areas. Many, but not all, cars meet Uber and Lyft’s standards.

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PYMNTS

FEBRUARY 8, 2019

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 New York State. IBM will also expand and extend its partnership with SUNY Poly for the Center for Semiconductor Research (CSR). “AI

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PYMNTS

OCTOBER 16, 2018

In a bid to serve customers through digital channels, quick-service restaurants (QSRs) are rolling out new innovations. In one new approach, some QSRs are offering delivery beyond the home and office. company-operated transactions, the company said in its financial report. Only a few – or 3.3

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South State Correspondent

MAY 1, 2024

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.

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PYMNTS

OCTOBER 4, 2019

Furthermore, consumers are always looking for variety, and for community — something a digital operation like ClassPass can help build in almost a social-media-like way. Simply put, ClassPass offers consumers who pay a set monthly fee to gain access to facilities operated by some 22,000 partners in about 2,500 cities around the world.

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Bank Innovation

MAY 31, 2019

At an industry event in New York on Friday, the company's chief operating officer John Waldron reportedly said the company currently is building out its online retail bank Marcus to […].

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Perficient

MAY 30, 2024

Our banking risk and regulatory experts are excited to attend the upcoming XLoD Global event in New York on June 11th. Many banking firms that are operating with multiple legacy systems are curious about implementing new AI technologies. What is XLoD Global? The landscape has evolved, and organizations must maintain pace.

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Bank Innovation

NOVEMBER 3, 2017

EXCLUSIVE- After just over a year in operation, what’s next for Marcus, the consumer lending platform operated by incumbent bank Goldman Sachs? During the Digital Lending and Investing Conference currently taking place in New York today, Omer Ismail, chief commercial officer of Marcus from Goldman Sachs, highlighted a few areas.

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PYMNTS

JULY 16, 2020

Visa and Cubic have already launched contactless systems in cities around the world, including London, Miami, New York, Sydney and Vancouver. Also, the two companies plan to “pursue joint research and development and innovation projects to move the future of urban mobility forward,” the release states.

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Bank Innovation

APRIL 19, 2017

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 New York yesterday. Qplum The startup, launched […].

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PYMNTS

NOVEMBER 1, 2019

As the company modernizes and reimagines the customer experience in stores located in high-traffic metropolitan areas, Starbucks plans to open a Starbucks Pickup store in New York City on Tuesday (Nov.

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Bank Innovation

APRIL 4, 2019

New York-based Glia, an omnichannel customer service platform for financial services companies, announced that it recently raised $20 million in a Series B round led by Insight Venture Partners.

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PYMNTS

DECEMBER 21, 2020

These transformational shifts are, in turn, affecting how quick-service restaurants (QSRs) engage customers as the health crisis limits their in-person dining offerings and forces them to fast-track planned digital innovations. Around The Order To Eat Space.

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Bank Innovation

NOVEMBER 19, 2018

The number of financial technology companies is on a rise, and every year many of these new companies as well as established ones choose to situate themselves in cities that are not San Francisco or New York. In some cases, the establishment of one powerful player in a region automatically turns a place into a […].

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PYMNTS

JANUARY 15, 2020

The grocery battles are heating up in retail, and that is sparking innovation and could lead to even more disruption. Some of that was on display at the NRF retail show in New York City earlier this week. 14), is not the only place where grocery store innovation is coming from. Walmart’s Big Move. Consumer Needs.

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PYMNTS

AUGUST 23, 2019

For a glimpse at how innovation is playing out in the retail world, it always helps to take a look at recent developments in the world of quick-service restaurants, or QSRs. And things are getting much more mobile and digital – a trend that promises to play out in the new decade. That includes not only operations in the U.S.

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PYMNTS

OCTOBER 12, 2018

The innovation economy requires more than caffeine and collaboration for fuel. WeWork also wants to make a bigger name for itself as an enabler of innovation. Innovation Program. Coffee Meets Bagel has recently set up operations in Seattle — its first office outside San Francisco — and used WeWork space for that.

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PYMNTS

AUGUST 18, 2019

The New York State Department of Financial Services (DFS) announced that it has granted a charter under New York Banking Law to Bakkt Trust to operate as a limited liability trust company. This approval demonstrates New York’s competitiveness as a hub of innovation and leadership in emerging technologies.”.

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PYMNTS

SEPTEMBER 30, 2020

Amazon is expanding its operations in Singapore as it grapples with growing competition in a city that is fast becoming a hub for Chinese tech giants and others looking to expand across Asia. Asia is a source of growth for them and they need to be near where their rivals are.”.

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Perficient

OCTOBER 29, 2024

For example, New York Life highlighted how personalization is driving generational loyalty. Perficient Is Driving Success and Innovation in Insurance Want to know the now, new, and next of digital transformation in insurance?

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Bank Innovation

MAY 10, 2019

Bank of New York Mellon has named Subhankar Sinha as Head of Blockchain. A BNY Mellon spokesman told Bank Innovation that the position is new at the bank “and was created as a result of the acceleration of proof-of-concept initiatives across the bank that align with BNY Mellon’s growth strategy and digitization priorities.”

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Chris Skinner

MAY 31, 2017

These mobile network operators (MNOs) will upscale over time to offer full bank services. To be part of this Barclays have one of their incubation Accelerators called Rise, based in Cape Town (the others are in New York, London, Manchester, Vilnius, Tel Aviv and Mumbai). billion today to 2.4

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CFPB Monitor

MAY 31, 2022

On May 19, 2022, the Associate Director of the Enforcement and Compliance Division of the Financial Crimes Enforcement Network (“FinCEN”), Alessio Evangelista, spoke at the Chainalysis Links Conference in New York City on the topic of “The Intersection of Cryptocurrencies and National Security.” Responsible Innovation “.

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Bank Innovation

NOVEMBER 29, 2017

Based in Tokyo bitFlyer announced Tuesday afternoon that it has gained approval to operate in 41 U.S. These states include New York, Washington D.C., Texas, New Jersey and Georgia, among others (see the full list here). Japanese cryptocurrency exchange bitFlyer is coming to the U.S.

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