Bank Innovation

AUGUST 25, 2017

Digital mortgage technology startup, Blend, raised $100 million in a Series D round, bringing its total funding to $166 million, the company said Thursday. Based in San Francisco, Blend was established […]. Based in San Francisco, Blend was established […].

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NOVEMBER 19, 2020

Afresh Technologies has raised $13 million in a Series A extension round to expand its fresh food management technology that helps grocers reduce food waste. The round was led by Food Retail Ventures and joined by existing investors Innovation Endeavors , Maersk Growth , and Baseline Ventures.

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Bank Innovation

FEBRUARY 12, 2018

EXCLUSIVE – Shari Van Cleave, who manages Wells Fargo’s Digital Labs, has joined the speaker faculty for Bank Innovation 2018 Bank Innovation 2018 will take place March 5-6 in San Francisco. Within Wells Fargo’s Digital Labs, Van Cleave manages a team of technology leaders to pilot various endeavors in consumer banking.

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AUGUST 16, 2019

Postmates sidewalk delivery robots are coming to San Francisco, but the autonomous service will have a human escort, TechCrunch reported on Friday (Aug. Marble, a San Francisco robot-delivery company, has also applied to deliver within city limits. . and after 6:30 p.m. on weekdays, the report said.

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Bank Innovation

NOVEMBER 30, 2017

The underlying technology that powers digital currency remains more interesting to the Federal Reserve than the development of digital currency, according to comments made by John Williams, president of the San Francisco Federal Reserve Bank.

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DECEMBER 2, 2016

Twenty, 10, even six years ago, most (if any) had neither the technological capability nor the foresight to imagine the future of the homeshare and vacation rental industry. Airbnb eventually sort of settled with San Francisco back in 2015 — though it turned out to not be enough — and said it would better police its platform.

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Bank Innovation

FEBRUARY 12, 2020

Nova Credit, a startup whose technology helps banks underwrite immigrants, is growing its auto finance and mortgage offerings. The San Francisco-based company, which partners with such large institutions like American Express, allows institutions to pull foreign credit data to develop U.S.-equivalent

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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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Bank Innovation

JUNE 28, 2016

Yesterday, a Danish bank introduced a bot for simple queries (and soon, transactions) and earlier this month, San Francisco-based startup Dyme, a member of the Spring 2016 Bank Innovation INV class, released a prototype of a Facebook messenger bot whose functionality mirrors that of Dyme’s SMS-based Read More.

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Bank Innovation

MAY 31, 2017

Unison, a 12-year-old company based in San Francisco, wants to fix both of those issues. Applying for a mortgage is (arguably) the most important decision in any customer’s life. It is also one of the most expensive decisions that’s completed through a (usually) painful process.

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Bank Innovation

NOVEMBER 22, 2019

Plaid will work with more than 80% of the consumer accounts in each country, a major step for the San Francisco-based company with the likes of BNP Paribas, Bank of Ireland, BBVA and Santander onboarding the technology. This week, data aggregator Plaid confirmed its expansion to France, Ireland and Spain.

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Bank Innovation

JANUARY 31, 2017

Marie Floyd, Senior Vice President and Head of Digital Consumer Experience at Wells Fargo, is set to speak at Bank Innovation 2017. Floyd is responsible for customer insight and digital applications at the San Francisco-based bank, an area that includes the company’s web applications as well as the content and Read More.

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Bank Innovation

MAY 26, 2016

Banco Santander’s UK unit partnered with San Francisco-based settlement system Ripple to launch a pilot app to enable fast international transfers, the bank announced today. Real-time international payments are becoming ever-so real.

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PYMNTS

MAY 27, 2020

Amazon is in talks to buy self-driving car startup Zoox in a move that would advance the eCommerce giant’s reach in autonomous vehicle technology, according to a Tuesday (May 26) report in the Wall Street Journal (WSJ), citing sources familiar with the matter. Amazon has established a team devoted to driverless vehicle technology.

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Bank Innovation

MAY 17, 2016

SigFig, a San Francisco-based robo advisor, partnered with UBS Wealth Management to create and customize digital tools for WMA’s 7,000 advisors, it was announced today. The tools will “complement” the existing expertise of UBS advisors, and not form a separate automated platform, SigFig said.

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Bank Innovation

JANUARY 24, 2019

The additional APIs and SDKs should allow more integrations with other technology services and applications. The San Francisco-based bank disclosed the plan in a job posting today. Wells Fargo & Co. will add additional enterprise-level digital capabilities, APIs, and SDKs to its Home Lending platform.

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SEPTEMBER 29, 2020

But there are plans to expand it across Seattle, New York, Chicago and San Francisco, the company said. Dilip Kumar , Amazon’s vice president of physical retail, told the network the technology had been in the planning stages long before the pandemic.

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NOVEMBER 17, 2020

Revolut said its new open banking offer was developed with TrueLayer , a London-based financial technology (FinTech) company. According to a report by CNBC , Revolut is likely to seek a charter with the Federal Reserve Bank of San Francisco and California’s Division of Financial Institutions. banking license.

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Bank Innovation

OCTOBER 9, 2019

Digital expense management company Expensify launched a corporate card this week, building on its automated transaction tracking technology. David Barrett, CEO of the San Francisco-based company, told Bank Innovation that the […].

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San Francisco Cards Customer Experience Tools 150

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SEPTEMBER 26, 2018

California Attorney General Xavier Becerra and San Francisco District Attorney George Gascón announced on Wednesday (Sept. 26) that they have reached a settlement with Uber Technologies Inc., in which Uber will pay $148 million to resolve allegations that it violated state laws pertaining to data breach reporting.

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SEPTEMBER 18, 2018

18), a San Francisco startup launched by sending roughly 60,000 credit cards to consumers living in northern California. This startup was a bank, and its innovation was a single card that could be used by consumers to purchase things on credit from many different merchants. Sixty years ago today (Sept. Today, Visa counts 3.3

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Bank Innovation

NOVEMBER 12, 2018

MUFG Bank and Banco Bradesco will use distributed ledger technology from Ripple, a San Francisco-based software vendor specializing in global real-time settlements, to create a new cross-border payment service between Japan and Brazil.

San Francisco 170

San Francisco blockchain Payments Software 170

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FEBRUARY 28, 2020

“It’s hard to imagine that there’s so much technology and innovation happening up and down the mobility spectrum except for in this market — and it’s a $1.4 It’s 2020, we have technology everywhere all the time, and most people are doing all their research on their phones anyway. trillion market 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. Its founders, three sisters from San Francisco, turned down Mark Cuban’s $30 million offer to buy the startup in 2015. Innovation Program. Innovator Awards.

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Bank Innovation

OCTOBER 18, 2019

Blend, a startup that sells its mortgage application technology to banks, is enhancing its toolkit to help its clients cross-sell other financial products to consumers. The San Francisco-based company, which counts incumbents like Wells Fargo and U.S.

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PYMNTS

APRIL 16, 2019

Among the most recent headlines, in Asia this past week, the Monetary Authority of Singapore (MAS) and the National Bank of Cambodia have signed a memorandum of understanding (MOU), that Business Times said will boost partnerships on FinTech and financial services innovation. The banks have also agreed to share data on emerging markets.

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PYMNTS

JULY 26, 2016

The employees to be housed in the new facility are ones who are focused on technology research, business intelligence, data security and merchant services. Visa said it has new technology development centers in Bangalore and innovation centers in Dubai, Miami, San Francisco and Singapore.

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San Francisco Innovation Miami Technology 100

Bank Innovation

NOVEMBER 12, 2018

MUFG Bank and Banco Bradesco will use distributed ledger technology from Ripple, a San Francisco-based software vendor specializing in global real-time settlements, to create a new cross-border payment service between Japan and Brazil.

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San Francisco blockchain Payments Software 150

PYMNTS

MARCH 31, 2020

San Francisco-based Princeville Capital has announced a $50 million investment in Russian online retailer Ozon, which is partly owned by the Russian-based conglomerate Sistema. Sistema’s website said the investment company focuses primarily on “new and innovative industries, with no restrictions on geography or industry.”.

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PYMNTS

MARCH 25, 2019

New digital innovations, however, provide the promise of offering valuable customer data to merchants. From Rent the Runway to McDonald’s , retailers are tapping into a world of technology that lets customers make transactions without visiting a cashier. Approximately one quarter — or 25.3

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PYMNTS

MARCH 3, 2017

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. It soon found out that it needed more than just fast internet to attract the tech-savvy crowd.

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Indiana Indianapolis Innovation Technology 100

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AUGUST 14, 2020

A week after details of the Federal Reserve’s instant payment initiative emerged, news came via Bloomberg that the central bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency.

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Bank Innovation

APRIL 11, 2016

That trend continues this week, with some San Francisco-grown AI thrown into the mix. Last week this space saw much of the largest fintech funding rounds taking place outside the U.S. This week we witnessed a major push forward in the process of collaboration between financial institutions (FIs) and startups. This Read More.

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Bank Innovation

FEBRUARY 22, 2016

The launch of Visa Developer transformed the San Francisco-based Visa’s payments network to an open platform, allowing access to online and mobile person-to-person capabilities, accountholder identification and Visa Checkout.

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San Francisco Payments Meeting Mobile 150

PYMNTS

FEBRUARY 11, 2020

In a move that bolsters its financial technology presence in India, Uber has put an Uber Money team into place in Hyderabad. Uber Money teams are also located in Palo Alto, Amsterdam, New York and San Francisco tech centers, Livemint reported.

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PYMNTS

JULY 8, 2020

“Startups are a great source of innovation in the IT industry, but are now especially cash-constrained,” Max Azaham , a senior research director at research and consulting firm Gartner Inc., told the Journal. He said coronavirus has caused investors to turn their backs on companies seeking less than $100 million. Groupon Inc. and Airbnb Inc.,

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PYMNTS

MAY 3, 2020

A lawsuit against Uber alleges that the company engaged in deceitful practices to drive its competitor Sidecar Technologies out of business in 2015, according to Reuters. The lawsuit by SC Innovations, Sidecar’s successor, has been allowed to go forward by Judge Joseph Spero in San Francisco.

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