William Mills

MAY 11, 2016

William Mills Agency and Beyond the Arc will be live blogging at FinovateSpring 2016. Demo: Sezzle app with knowledge based authentication to link bank accounts. Jeff Deppen (CIO, Orrstown Bank). Visualizing banking data and using wealth of data to put customer in control for better decisions. Plus the 1% rewards. ^KT.

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Insights on Business

NOVEMBER 29, 2018

Now, more than ever, banks must be smarter and faster. Operational innovation is vital in a highly competitive financial services sector, with a new community of digital banks and other firms vying for market share. More than six in 10 also identified emerging competition from new, unexpected areas.

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PYMNTS

SEPTEMBER 7, 2016

Sales of smartwatches grew by 89 percent in the first six months of 2016 compared to the same period in 2015, which is a marked improvement after a slow initial sales period. Over 1 million watches were sold in the first half of 2016. billion in 2016. Bleak House In Europe For SME-Serving Firms. While the U.S.

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PYMNTS

SEPTEMBER 14, 2016

Investments for 9-5-2016. C3 IoT is a leading IoT development platform that initially focused on the energy sector but is now tapping the lucrative spaces of fraud detection, health care and banking. Has Seibel’s vision materialized in C3 IoT? Back in April, ZDNet predicted that C3 IoT was scaling and would soon expand.

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PYMNTS

SEPTEMBER 30, 2016

million funding round from British Business Bank Investments (BBBI). Kyriba plans to use the funding to focus on product innovation and to strengthen capabilities around risk management, supply chain and cash management and bank connectivity, it revealed. Praetura announced a $23.3 The asset financing company, based in the U.K.,

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PYMNTS

DECEMBER 3, 2016

That quote came up during Scharf’s Innovation Project fireside chat with Karen Webster on the future of digital payments innovation, Visa’s role in it and why competition really, really is a very good thing — as long as one knows who their actual competitors are. If not us, it will be someone else and, likely, a Chinese bank.”.

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PYMNTS

JUNE 1, 2018

Care of its $100 billion Vision Fund, SoftBank will be pouring $2.25 It turns out that play, done digitally, can pay dividends – literally. Ant becomes a unicorn on steroids with a $150 billion valuation , with a $10 billion investment from Alibaba. billion in investment dollars into GM’s self-driving unit, Cruise.

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PYMNTS

MARCH 5, 2018

Facebook and Mastercard announced they would be pairing on an initiative to help global small business (SMBs) jump on board with the digital age. The new experience will get its first road test in Nigeria, with Ecobank and Zenith Bank as local partners. But no matter where one looks, it seems payments innovation is the big winner.

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Regulation Data Regional America 108

Gonzobanker

SEPTEMBER 27, 2016

GONZO READER NOTE: We recently received a leaked memo from the new Retail Executive at Van de Lay Bank & Trust and think it’s timely given our industry’s reaction to a world where Wells Fargo meets Elizabeth Warren. September 30, 2016. TO: Retail Banking Team Members. FROM: Harry Foresight, EVP Retail Banking.

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Retail Strategy Training Compliance 60

CB Insights

FEBRUARY 1, 2019

The combination of Indonesia’s compelling macro backdrop and fast-growing digital economy is creating a massive opportunity for digital transformation in financial services. in premiums in 2016. The platform recorded 63.7M Source: Google and Temasek. Two that are already seeing lots of activity are payments and lending.

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CB Insights

DECEMBER 4, 2019

If Amazon can get you lower-debt payments or give you a bank account, you’ll buy more stuff on Amazon.”. Based on our findings, it’s hard to claim that Amazon is building the next-generation bank. In aggregate, these product development and investment decisions reveal that Amazon isn’t building a traditional bank that serves everyone.

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Cards Lending Strategy US 101

Lex Sokolin

JULY 19, 2019

As the core example this week, let’s take Deutsche Bank. Many people in Fintech derisively refer to big bank incumbent activity around the start-up space as “Innovation Theater”?—?something This is the existential lesson that Deutsche Bank needs to learn. Threatened by Bitcoin, the bank launched its own crypto asset.

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CB Insights

OCTOBER 26, 2020

In 2006, investment banks were at the top of the finance world. After the collapse of Lehman and Bear Stearns and the global financial crisis that ensued, the business models of the world’s biggest investment banks needed to change. As a result, banks are facing dropping IPO profits. Some banks have collapsed.

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PYMNTS

AUGUST 2, 2017

Back in May, the company launched a niche payments bank as part of its drive to double its customer base to 500 million over the next three years. Back in May, the company launched a niche payments bank as part of its drive to double its customer base to 500 million over the next three years.

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CB Insights

AUGUST 14, 2018

Download this presentation from the CB Insights Innovation Summit to see the technologies, business models and distribution innovations that you should watch for in the next 5 to 10 years. Here’s Cinemark’s CEO on a February 2016 earnings call. “We don’t have any concern there,” said Mark Zoradi, Cinemark CEO.

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CB Insights

APRIL 10, 2019

While the technology is still developing, many companies (including Amazon) are banking on it as a disruptive force in a myriad of markets. In December 2017, a Google patent was published with an ambitious vision for analyzing cardiovascular function from a person’s skin color or skin displacement. Automobiles.

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PYMNTS

OCTOBER 26, 2017

The headline was, of course, the marked increase in payment volume of nearly 10 percent (9.8 The forecast for 2018 is for continued high single-digit growth in 2018. Cross-border volume was also strong, showing an increase of 10 percent on a constant dollar basis. The Bigger Vision. percent) to $1.93 and CEMEA regions.

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PYMNTS

JUNE 10, 2019

Stripe rolled out chargeback protection, Apple rolled out its take on sign-in authentication , Mastercard launched an open banking platform and Visa and Western Union paired on a global push to card payments – and those are just the top headlines. billion tagged for this year and significant focus on Chase mobile and digital efforts.

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PYMNTS

JUNE 16, 2016

Samsung Pay’s Vision Beyond Just Tap And Pay. The list is forecast to grow through the rest of 2016 and should include the U.K., The list is forecast to grow through the rest of 2016 and should include the U.K., Samsung is debuting its “value-added” vision to the world of mobile pay. “We Separately, U.S.

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CB Insights

MAY 23, 2019

A promising new idea — especially if it’s pitched by the right person — can essentially win an entrepreneur a blank check to bring their vision to life or help a fledgling venture fund land its all-important first investments. Virgin Hyperloop One’s utopian vision derailed by fraud. Mozido’s fintech fraud fiasco.

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Independent Banker

NOVEMBER 30, 2021

We asked both leaders and staffers to tell us what makes their community banks stand out as employers. Key Community Bank: Leading by example. Key Community Bank. At the heart of Key Community Bank’s work culture is connection. The $80 million-asset community bank has one branch and 13 employees.

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Fintech Labs Insights

OCTOBER 3, 2016

With the third annual FinDEVr Silicon Valley 2016 only a few weeks away (and tickets still available ), it’s a great time to look back and see what the FinDEVr alums have been up to this year. Alums presenting at FinDEVr Silicon Valley 2016: Aerospike ( FD15 ). Provided instant card-issuance technology to Bank of the Ozarks.

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CB Insights

MARCH 6, 2019

Holmes eventually sold venture capitalists and family friends on a vision for a disruptive technology that would dramatically reduce the cost of blood work for people all over the world. Once the darling of the London startup scene, mobile payments company Powa Technologies crashed and burned in spectacular fashion in the spring of 2016.

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CB Insights

OCTOBER 18, 2017

Since mid-2016, CEO Tim Cook has indicated that serious investment is being made behind the scenes, stating in an interview: “AR can be really great. ” Furthermore, Apple made a series of acquisitions beginning in 2014 that indicated a serious commitment to computer vision.

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CB Insights

MAY 10, 2018

If you were a CEO and felt you needed to cut 10% of costs but didn’t feel you were getting buy-in from your employees,” he wrote, “the hiring of McKinsey generally got the point across quite clearly.”. The company also lacked a cohesive vision that promoted collaboration between digital and the traditional corporate structure.”

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CB Insights

OCTOBER 6, 2017

10 million US jobs at high risk of disruption. Analyzing the automation landscape, we found that 10 million service and warehouse jobs are at high risk of displacement within the next 5 – 10 years in the US alone. Meanwhile, nearly 5 million retail workers are at a medium risk of automation within 10 years.

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Software Industry Retail United States 69

Gonzobanker

DECEMBER 20, 2018

We’ve seen the big Wall Street banks raise the hurdle (and clear it!) about the best and worst in banking for 2018 and get fired up to start again in ’19. THE BANKING AWARDS. GonzoBanker of the Year – Large Banks. GonzoBanker of the Year – Mid-Size Banks. Bank Lifetime Achievement Award. Let’s think.

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CB Insights

MAY 15, 2019

DBS Bank — DBS Asia X (DAX). Founded: 2016. DBS launched its Singapore innovation lab to break out of its “traditional banking mindset to think, behave, and deliver more like a technology company,” according to Neal Cross, chief innovation officer. As of 2018, Digit has raised over $36M through subsequent rounds of funding.

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PYMNTS

OCTOBER 16, 2017

These early advocates have stimulated a vast amount of investment into this vision; $1.7 The notion that central banks will give up monetary control of their fiat currencies for a global cryptocurrency, especially bitcoin, is just not happening, so we should stop talking about it. Even the wallets that store bitcoin are vulnerable.

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cryptocurrency Bitcoin Innovation Regulation 177

Gonzobanker

DECEMBER 19, 2016

What words describe 2016 GonzoBankers? In the post-Wells-scandal world where the shift from people and bricks to machines and digital is getting very real, bankers are scrambling to build new generations of their businesses. We can’t bank on this near-term stock rally staying around forever. THE BANKING AWARDS.

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Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

What words describe 2016 GonzoBankers? In the post-Wells-scandal world where the shift from people and bricks to machines and digital is getting very real, bankers are scrambling to build new generations of their businesses. We can’t bank on this near-term stock rally staying around forever. THE BANKING AWARDS.

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Utah System Community Marketing 60

CB Insights

OCTOBER 4, 2018

At $150B, the current valuation of Ant trumps the market capitalizations of leading financial institutions around the world, from Goldman Sachs and Morgan Stanley to Banco Santander and The Royal Bank of Canada. In 2014, Tencent created the WeChat Red Envelope feature, followed by Alipay’s launch during the 2016 Chinese New Year.

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PYMNTS

SEPTEMBER 6, 2016

Also, two bitcoin experts responded to central bank calls for assistance in lifting the global economy and suggested that cryptocurrencies are less risky than central bank fiscal policies. There’s a new social network for bitcoin users — all 10 of them. Early in 2016, Keza launched, and SCI lauded its simplicity and potential.

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CB Insights

FEBRUARY 26, 2018

into AI startups in 2017, a 141% jump from 2016. ” The ones that candidly: talk about where the company vision was wrong. Chances are you know Ripple’s XRP digital currency, but the company is also partnering with AmEx, Bank Santander, and others to shake up how money is transferred globally. Nothing hype can stay.

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CB Insights

OCTOBER 25, 2018

ScopeAR , for example, uses augmented reality to equip military officials with “computer vision technology” to help with equipment maintenance and repair. AOL (now owned by Verizon) showed its commitment to VR by purchasing RYOT , a virtual reality production startup, in 2016. Film & Entertainment.

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Industry Training Examples Technology 78

CB Insights

APRIL 7, 2018

As industrial technology grows increasingly pervasive, this wave of automation and digitization is being labelled “ Industry 4.0 , ” as in the fourth industrial revolution. First, factories will get basic digitization, and further along we’ll see greater predictive power. So, what does the future of factories hold?

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PYMNTS

OCTOBER 7, 2019

A $10 million payment to remain a founding member would come sometime after that meeting took place – before the end of the year, it was said. What has happened four months after the official launch of Libra was highly predictable – and a path that I laid out in the 10 pages I published the day the news broke.

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