Bank Innovation

MARCH 6, 2018

EXCLUSIVE – Cryptocurrency is an asset class that enables a new kind of software, Adam Ludwin, co-founder and CEO of blockchain technology platform Chain said at the Bank Innovation 2018 conference in San Francisco. At Bank Innovation 2018 in San Francisco, Ludwin spoke on the topic. Even, bitcoin,Read More.

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PYMNTS

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 San Francisco-based startup also is welcoming food industry veteran James McCann to its board.

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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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Bank Innovation

MARCH 7, 2018

EXCLUSIVE–The potential use cases of blockchain technology in banking continue to captivate bankers, but topics like cryptocurrency and Initial Coin Offerings, or ICOs, may be losing a bit of their edge. This is according to a panel on the subject during Bank Innovation 2018, which wrapped up yesterday in San Francisco.

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Bank Innovation

MARCH 9, 2018

EXCLUSIVE - On March 6 in San Francisco, 12 impressive startups demoed their latest in fintech technology at INV Fitnech's 2nd annual demo day. INV Fintech, the sister accelerator to Bank Innovation, is partnered with Fiserv and eight banking partners with over $3 trillion dollars in assets.

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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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South State Correspondent

MAY 15, 2019

Last week, Finovate Spring 2019 took place in San Francisco in which over 270 banks watched more than 60 companies each have seven minutes to impress you with a demo of their technology.

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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

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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South State Correspondent

OCTOBER 23, 2014

We are not sure this is a step forward or backwards in technology, but we find it interesting. Nimbl , a San Francisco start-up now has an app available where you can request cash and a certified runner brings it to you. Sometimes the future isn’t that clear, and this one has us perplexed.

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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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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

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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PYMNTS

APRIL 1, 2020

“This legislation represents a significant breakthrough – the first time a state or nation has passed a new law devoted exclusively to putting guardrails in place for the use of facial recognition technology,” Smith said in the post. The bill also establishes a task force to scrutinize how, when and why the technology is used.

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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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PYMNTS

AUGUST 11, 2020

Revolut , one of the biggest players in the crowded financial technology (FinTech) sector, has yet to make a profit. The latest infusion of cash came from TSG Consumer Partners , a San Francisco-based private equity company. The company posted a total loss of $139.6 million (£106.5 million) in 2019 — up from £32.9

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PYMNTS

JULY 24, 2020

The latest infusion of cash comes from TSG Consumer Partners , a San Francisco-based private equity company, TechCrunch reported. Revolut is also backed by Index Ventures, the global venture capital firm with dual headquarters in San Francisco and London, and a half dozen others. London startup mobile bank Revolut Ltd.

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PYMNTS

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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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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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

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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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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PYMNTS

JANUARY 30, 2020

Farfetch, a luxury technology platform, has raised $250 million from Tencent and Dragoneer through the sale of convertible senior notes, according to a release. Tencent is a global technology company based in Shenzhen, China, and Dragoneer is an investment firm based in San Francisco.

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PYMNTS

NOVEMBER 15, 2020

Ticketmaster , which handles off-site ticket sales for a huge portion of the country's music and sports events, is developing a system to assess fans' Covid-19 vaccination and testing status but will let local promoters set standards for attendance, the San Francisco Chronicle reported.

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PYMNTS

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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PYMNTS

OCTOBER 11, 2020

Epic sued Apple in August, accusing the technology giant of violating laws that restrict anti-competitive behavior. WSJ quoted David Hoppe, a technology and media lawyer at Gamma Law in San Francisco who is not involved in the case, as having said the ruling hurts Epic. A federal judge Friday (Oct.9)

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PYMNTS

NOVEMBER 17, 2020

Adyen , a FinTech whose payments platform is used by merchants and retailers around the world, is teaming up with San Francisco-based installment payment company Affirm in a new partnership, the companies announced on Tuesday (Nov. In a partnership unveiled on Thursday (Nov.

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PYMNTS

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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PYMNTS

FEBRUARY 7, 2020

The committee will listen to a few trade groups from automakers and technology companies, as well as a transit official from San Francisco and a few different safety advocates. House of Representatives is going to get together Tuesday (Feb. 11) to figure out self-driving car legislation, according to a report by Reuters.

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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

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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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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PYMNTS

JUNE 17, 2020

Uber — or Uber’s software, to be exact — will soon be managing public transportation for Marin County in the San Francisco Bay area, the Financial Times (FT) reported. Agencies have been approaching us for years now, trying to figure out ways that they can tap into the technology we’ve built within Uber,” Uber’s Reich told the FT.

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PYMNTS

JANUARY 31, 2021

Business payments firm FLEETCOR Technologies has acquired accounts payable (AP) platform provider Roger , Fleetcor announced in a press release. Roger was founded by two Danes and has offices in Copenhagen and San Francisco. Terms of the transaction were not disclosed. FLEETCOR is based in Atlanta.

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PYMNTS

FEBRUARY 6, 2019

The San Francisco-based company also participated in the Y Combinator Winter 2017 batch. We’ve spent time building our card issuing technology from the ground up, giving us the flexibility to partner with a number of financial platforms. Current Brex cardholders will be switched to Mastercard’s World Elite program this month.

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PYMNTS

FEBRUARY 28, 2019

The San Francisco Chronicle , citing a letter to the California Employment Development Department sent by Apple, reported the layoffs are happening at Project Titan , its self-driving car unit. The firm speculated then that the Project Titan self-driving car unit would be shuttered, reported the San Francisco Chronicle.

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