2017 Innovators to Watch: 44 Executives Shaping the Future of Banking
Bank Innovation
JUNE 12, 2017
2017 was a tumultuous year, but despite some stops and starts, innovation in finance is only gaining more momentum.
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.
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
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.
Bank Innovation
JUNE 12, 2017
2017 was a tumultuous year, but despite some stops and starts, innovation in finance is only gaining more momentum.
Bank Innovation
FEBRUARY 15, 2017
This bank created an innovation lab, and that bank is launching a fintech team. But this other bank just started a blockchain focus group, and everyone else is investing in tech. Gone are the days when banks could afford to be “conservative” with new product launches and tech projects, which Read More.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Bank Innovation
JANUARY 11, 2018
EXCLUSIVE – German online lender Kreditech is making its way to India, Bank Innovation has learned. For this expedition, the fintech has teamed up with SaaS banking platform Mambu for providing short-term lending products specifically tailored to local consumers.
PYMNTS
SEPTEMBER 29, 2020
New payment rails are once again in the spotlight as real-time payments and cryptocurrency emerge as the top focuses for innovators. In this week’s look at payment rails innovation, the European Union begins paving the way for greater crypto adoption, while Mastercard expands its own crypto accelerator initiative.
Bank Innovation
MAY 19, 2017
Despite all the shiny fintechs out there, consumers still expect innovation in financial services to come directly from banks. Almost half of the consumers –49% of women, and 45% of men– said they are most excited to see new financial product launches at banks, according to a study released yesterday by EY.
Bank Innovation
JUNE 8, 2017
The e-commerce giant has (arguably) the most sophisticated ML toolset around that is uses for drone deliveries, online tailors, or its AWS offering. Turns out, Amazon’s lesser known operation – small business lending – is also powered by machine learning, Bank Innovation has learned. […].
PYMNTS
JANUARY 19, 2021
Corporate buyers are quickly shifting their purchasing habits online, and seeking more efficient experiences from product sourcing through to checkout. According to Suchit Bachalli , CEO of Unilog , thanks to the market's acceleration as a result of COVID-19, the industry is on the cusp of some major innovation.
PYMNTS
NOVEMBER 1, 2020
The solutions will aim to bring omnichannel buying experiences to boost revenue and profit potential, the release says, especially as digital commerce continues to accelerate in use and innovation. Instead, he said they should focus on setting up online payments first, ensuring that customers have the easiest experience possible.
PYMNTS
DECEMBER 9, 2020
The takeover signaled an evolution of the company's business model from a traditionally business-to-consumer (B2C) seller, to one that includes business-to-business (B2B) operations. It’s accelerated online shopping, and it’s doing the same thing for businesses. Embracing Existing Payments Infrastructure.
Bank Innovation
FEBRUARY 21, 2019
Keeping your money in a bank is common sense at this point, but online banking is – unfortunately – not something many people have grown accustomed to, yet. There are many benefits to explore in this area, and it’s not a bad idea to check out what some online banking services can do for you […].
PYMNTS
SEPTEMBER 14, 2020
But the one thing that might work is taking a page from the innovation playbook that Netflix seems to have written and followed over the last 22 years. A combination of forces — Netflix’s own content and technology innovations and advances in hardware and software — helped them consistently attract more eyeballs.
Bank Innovation
DECEMBER 27, 2016
2016 has been a year of many things. No, really, just look at this list of most trending Twitter topics of the year (spoiler: elections, Brexit and PokemonGo all made the list). But the memories are still fresh of, possibly, the most meaningful event in the fintech world: the Comptroller Read More.
PYMNTS
SEPTEMBER 12, 2019
Video games are helping to drive retail innovation and growth, and that includes the hot area of subscription commerce. Video game manufacturers operated a different model of sorts: Create great games to get consumers to buy the hardware, then keep cranking out great games that would keep consumers on board and upgrading those devices.
PYMNTS
DECEMBER 31, 2020
This study assessed how restaurants’ customer engagement strategies have evolved since the pandemic's onset, and helped identify the key digital innovations that can help restaurants deliver improved user experiences and boost their average unit volumes (AUVs). percent of consumers bought groceries online in 2020, compared to the 18.6
PYMNTS
MARCH 12, 2020
The company also set up a multi-million-dollar subsidy program to reduce operating costs and capital risks for their merchants, in an effort to help them get back to work safely and efficiently. An Opportunity for Innovation . As the situation evolves, Wang told Webster, the innovative responses are doing the same.
PYMNTS
SEPTEMBER 10, 2019
Sometimes innovation in the commerce and payments space is a matter of a new technology or a new process. The eCommerce operator reportedly is leasing some 500,000 square feet of space in a three-story warehouse in Amazon’s hometown of Seattle, according to The Wall Street Journal. The company applied to the U.S. eBay Program.
Perficient
AUGUST 4, 2023
In today’s rapidly advancing technology landscape, businesses face a profound revolution in operations, customer interactions, and innovative endeavors. Drive innovation with creative talent and practices.” Partnering with the right digital transformation service provider is vital to thrive in this digital age.
PYMNTS
DECEMBER 31, 2020
Morgan’s EMEA Head of Wholesale Payments Shahrokh Moinian, technological innovation is helping to unlock more opportunities for corporate treasurers to step up to this newfound strategic role of mitigating risk within their organizations. The other is technological innovation. According to J.P. Bill Marvin , CEO at J.P.
Perficient
MAY 28, 2020
Oracle Utilities has long been a leader in industry applications for operations at power generation companies. Oracle’s suite of enterprise applications; ERP, SCM, EPM, and Data & Analytics all lead the industry to new fond levels of efficiency and innovation with special focus on the four desired areas of business outcome below; I.
PYMNTS
DECEMBER 10, 2020
This month’s Deep Dive examines how mobile and contactless payment options are poised to reshape the corporate payments ecosystem as well as how virtual cards can help businesses adapt their operations to the digital-first payments ecosystem that has emerged. . However, the pandemic is marking a major turning point for payments innovation.
PYMNTS
NOVEMBER 24, 2020
These merchants have spent months considering their approaches and testing new ideas, and they are now better prepared to make the operational adjustments necessary to reduce the spread of the virus and to address weather-related challenges. On-site dining has not vanished entirely, and eateries are innovating to try to maintain this service.
PYMNTS
JANUARY 27, 2021
Banks’ use of such innovations is predicted to expand, too, with 60 percent of FIs saying they aim to gain customers and improve customer experiences using digital channels. Banks must confront numerous fraud threats when they operate digitally, and some of the most pervasive are forms of identity fraud.
PYMNTS
NOVEMBER 2, 2020
based online grocery, is heightening its automation drive by acquiring two robotics companies. The robotic pick opportunity in online grocery is of huge value to us and our clients globally,” said Tim Steiner , Ocado CEO. Ocado is embroiled in a patent lawsuit over robotically operated warehouse technology with AutoStore.
PYMNTS
DECEMBER 22, 2020
The pandemic has forced businesses to pivot quickly to continue their operations — both domestically and internationally — with relative ease as the health crisis affects everything from supply chains to payment schedules. They will need to continue innovating these processes to stay on top of shifting B2B trends worldwide.
PYMNTS
MAY 1, 2020
have passed laws or implemented programs over the past two years to put more focus on digital banking and data security, fundamentally changing how online transactions work. The FSS understands that innovations often lead to heightened systemic, operational and cyber risks, as well,” he noted. “[It] and the U.S.
PYMNTS
DECEMBER 7, 2020
Most are encouraging employees to work from home while also moving their back-office operations online, and payments operations are no exception. The benefits of using digital B2B payments solutions extend far beyond their ability to support a decentralized workforce. RLJ Financial On Managing B2B Spend With Virtual Cards.
PYMNTS
APRIL 17, 2020
Open banking regulations across Europe kicked open the door for a wave of FinTech competition, with consumer-facing personal finance management (PFM) right in the crosshairs of innovators’ efforts. Optimizing Business Lending. .” ” With new funding , Vaccino said Yapily will continue to focus primarily on the U.K.
PYMNTS
NOVEMBER 3, 2020
Sprinkles , a Beverly Hills, California-based confectioner, was as prepared as a QSR could possibly be for the rush to online ordering, payments, pickup and delivery. Sprinkles adopted online ordering nearly a decade ago for custom cakes and catering. One bakery chain had a leg up when the pandemic changed everything. Legh-Page said.
Bank Innovation
JULY 9, 2018
For a digital bank, time to market is one of the most important innovation mandates. For Lasha Gurgenidze at Tbilisi, Georgia-based TBC Bank, this mandate combined with low operational costs were the two fundamentals he and his team followed in launching TBC’s digital-first Space Neobank. “We
PYMNTS
JANUARY 1, 2021
As reported in this space , the DSA and DMA cover online marketplaces, social media and other platforms. The proposal also mandates more disclosure on "online advertising and on the algorithms used to recommend content to users.". The seeming intent across the pond to reign in Big Tech’s scope also is echoed in the U.K.
PYMNTS
AUGUST 7, 2020
Barrons: Online Lender Kabbage Shopping for Buyers. Report: Skillz Takes Bowling Online — And Strikes Out Bad Actors (Digital Identity Tracker) . With consumers largely avoiding bowling alleys, some operators are looking to strike it big by integrating with digital gaming platforms, making them vulnerable to fraudsters.
PYMNTS
JANUARY 28, 2021
The following Deep Dive examines the interest in contactless payments among credit union members and the opportunity for the CU space to meet members’ changing payment needs through digital innovation. This change in consumer behavior is expected to remain even after vaccines are more widely distributed.
PYMNTS
NOVEMBER 20, 2020
Instead of opening on Thanksgiving, Walmart has been promoting a plan to " spread out the savings ” from a single day to three events held throughout November, both in-store and online. Meanwhile, Best Buy has also been pointing customers online during the pandemic, saying that “this year, we’re doing Black Friday all season long.”.
Perficient
MAY 12, 2023
Anyone reading this article on an online device is reaping its benefits. enables companies, governments, and public sector agencies to use innovative digital technologies, smart automation, and advanced analytics to transform operating processes. Digitalization and Innovation Accelerating Industry 4.0 is starting.
PYMNTS
AUGUST 10, 2020
What they need is an online auction marketplace. Successful online selling, especially on a one-off basis, is tough. We’re talking lay sellers, not savvy operators with digital storefronts. Marketplaces are a maturing model, which means there’s room for innovators to move in with clever products. Plenty of those around.
PYMNTS
SEPTEMBER 9, 2020
Chief Operating Officer Ro Bhatia. While it’s hard to imagine now, the digital shopping cart was the hottest big-ticket innovation in commerce 15 years ago. What brands should be thinking about now is basically how to double down — triple down — on their direct-to-consumer offerings,” Bhatia told PYMNTS. They have to be creative.
PYMNTS
SEPTEMBER 29, 2020
Filipino online payments platform PayMongo has come off a funding round with $12 million, according to a press release. The company was formed by CEO Francis Plaza , Chief Operating Officer Edwin Lacierda , Chief Technology Officer Jaimie Hing and Chief Growth Officer Luis Sia.
Bank Innovation
JUNE 26, 2017
For the third consecutive year, Bank Innovation has teamed up with Open Bank Project and (this year) the University of Warwick, to conduct a research survey on how financial institutions worldwide are prioritizing API initiatives in 2017.
Bank Innovation
JUNE 10, 2019
As upstart digital-only banks face increasing pressure to acquire and retain customers, a 20-year-old online-only bank has managed to hold on to most of its original customer base.
PYMNTS
DECEMBER 30, 2020
Whether through the use of online marketplaces or proprietary supplier portals, B2B sellers embraced the opportunity to connect with business customers online, while buyers reciprocated by sourcing, procuring and paying for goods the way they do in their personal lives. Embedded Finance.
PYMNTS
APRIL 23, 2020
Lloyds will look to both of these providers to help it create digital banking tools for its customers that will allow it to compete with the rising number of online-only FinTechs and challenger banks grasping at established FIs’ market share in the United Kingdom. The bank has designated $3.7 billion of its funds for this effort.
Bank Innovation
APRIL 11, 2017
For the third consecutive year, Bank Innovation has teamed up with Open Bank Project and (this year) the University of Warwick, to conduct a research survey on how financial institutions worldwide are prioritizing API initiatives in 2017. Is your financial institution working on API initiatives? Tell us more!
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. The need to streamline new product development is especially urgent as banks have had to pivot to online channels amid the pandemic.
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.
Expert insights. Personalized for you.
We have resent the email to
Are you sure you want to cancel your subscriptions?
Let's personalize your content