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Banks Say FinTech Innovation, Not Regulation, Is Now Their Fiercest Market Pressure

PYMNTS

The regulatory pressures on banks is not only fierce, it’s also continually changing, forcing financial institutions (FIs) to invest vast resources to stay on top of evolving rules. According to the results, banks argue that innovation, not just regulation, is behind the wheel of progress. Optimism Up.

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Tech Center: Startup Genome’s 2017 Global Startup Ecosystem Report

PYMNTS

Whether it’s San Francisco, New York City, London or Hong Kong, each of these areas have become well-known for developing and implementing innovative ideas. The top 20 in Startup Genome’s 2017 Global Startup Ecosystem Ranking include the following cities: Silicon Valley. While global growth is only at 2.6

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Western Union Completes Relocation Of Headquarters To Denver

PYMNTS

4) that it has completed the relocation of its global headquarters from Englewood to Denver, Colorado, saying it expects to make a long-term economic investment in the region of more than $300 million over the next 10 years. The Western Union Company announced on Tuesday (Dec. Western Union connects people around the world every day.

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Oracle Brings FinTech Program To Brussels, Blockchain Poised For Growth In India

PYMNTS

Coverage includes Oracle ’s decision to bring its FinTech Innovation Program to Brussels. Overall, the digital payments solution market is projected to reach beyond $500 billion by 2020, compared to approximately $50 billion in 2017. Welcome to The Axis, your late look at payments news from around the world.

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18 Corporate Innovation Labs In Healthcare

CB Insights

One solution: in-house healthcare innovation labs. We put together a list of healthcare innovation labs from new entries to the field, as well as some of the oldest — and most familiar — names in health. Sometimes corporate innovation goes wrong , and we’ve written about corporate innovation theater before.

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Tech Center: EU’s Capital City Grows Tech Reputation

PYMNTS

The region is also home to an active and fast-growing startup scene. Brussels the third wealthiest region in terms of GDP per capita due to this number being twice as high as the European average. The city was ranked as a strong innovator by the latest edition of the Regional Innovation Scoreboard (RIS 2016).

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Does Destination Maternity Chain Bankruptcy Signal Larger Trends?

PYMNTS

“As the retailer has dealt with deteriorating finances and a heavy debt load, it has been facing fortified competition from larger retailers that have the resources to invest in their online businesses,” that report added. percent CAGR since 2017, according to one recent estimate. billion in 2013, representing a 2.10

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