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Your 2013 State of Banking Predictions for This Year Were Right on the Money

Bank Innovation

PREMIUM —In 2013, Bank Innovation asked readers to predict the state of innovations in banking for 2018. Data collected in the September 2013 Bank Innovation survey showed that our readers had excellent foresight into the current innovations and challenges of the fintech industry.

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Innovative Ecosystem Draws FinTech Firms To Toronto

PYMNTS

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. Our team has torn apart the small business banking playbook and created our own digital banking platform and operating model from the ground up.”.

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Citi Hits Milestone In Mobile Treasury Management

PYMNTS

The TTS unit, which links multinational corporations to cash management and trade finance solutions, revealed that it has now processed more than $1 trillion worth of transactions through its mobile and tablet solutions, CitiDirect BE Mobile and CitiDirect BD Tablet, since 2011.

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On National Burrito Day, Chipotle Serves Up Signs Of QSR Innovation

PYMNTS

As Chipotle continues its digital efforts, the chain’s stock is having its best year since 2013, with part of the increase credited to investors liking CEO Brian Niccol , who joined the chain about a year ago after turning Taco Bell into a lifestyle brand and introducing breakfast at the quick service restaurant. Chipotle’s Digital Gains.

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Want to Partner With Early-Stage Fintechs? OCC Is Watching

Bank Innovation

The Office of the Comptroller of the Currency published an FAQ section on its website this week, in order to clarify several points from its “Third-Party Relationships: Risk Management Guidance” issued in 2013. As expected, the questions also addressed bank-fintech partnerships. Most notably, the OCC […].

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FinTech Veteran Dan Henry Tapped To Lead Green Dot

PYMNTS

“Dan is a highly regarded leader and accomplished executive with operational expertise and over two decades of deep experience in the FinTech space. He is also an innovator who has spearheaded, built and operated two publicly-traded payments companies,” said Jacobs. billion all-cash sale to TSYS. “I million.

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Kering To Debut Its Own eCommerce Sites

PYMNTS

Kering is gearing up to offer its own luxury eCommerce sites within the next two years, ending existing joint-venture efforts and bringing such operations in house, reported Reuters. Yoox Net-A-Porter had managed eCommerce presence for seven Kering brands, including Alexander McQueen. Online sales were about 6 percent of Kering’s 6.4