Remove 2018 Remove Capital Remove Innovation Remove Leadership
article thumbnail

The 2018 GonzoBanker Awards

Gonzobanker

GonzoBankers, 2018 has been a troublesome year. about the best and worst in banking for 2018 and get fired up to start again in ’19. Ladies and gentlemen, we bring you the 2018 GonzoBanker Awards ! Although all banks faced stock headwinds in 2018, we give the nod to William Demchak at PNC Financial Services.

Fintech 102
article thumbnail

How One Nevada Credit Union Secures Its Self-Service Innovations

PYMNTS

Credit unions (CUs) are performing well as the new decade dawns, with a recent study finding that CUs increased their loan originations by 29 percent from Q4 2018 to Q4 2019. Though still strong, this industry growth has slowed in recent years, with another survey finding that total loans only increased by 6.6 percent in 2019, compared to 10.5

Nevada 192
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Automakers Rev Up Venture Capital Engine With 38 Investments in 2017

PYMNTS

Automakers that want in on ridesharing, self-driving cars or innovative car financing options aren’t always developing their own technologies or starting their own ventures. As such, automakers are hitting the venture capital highway in droves. In other words, automakers are just starting to rev their investment engines. Ridesharing.

Capital 109
article thumbnail

Lowe’s, PetSmart And Others Take On New Leadership

PYMNTS

Despite another quarterly earnings miss announced Wednesday (May 23), Lowe’s shares got a 9 percent bump mid-week after poaching JCPenney CEO Marvin Ellison on Tuesday, a move that garnered support from Bill Ackman’s Pershing Square Capital Management LP. Former Ahold financial executive Paula Price will become CFO at Macy’s starting July 9.

article thumbnail

Auth0 Becomes Latest Unicorn With $103M Funding Round

PYMNTS

Other investors to participate include existing investors Bessemer Venture Partners, K9 Ventures, Trinity Ventures, Meritech Capital and World Innovation Lab. Auth0 said it will use the funding to fuel its innovation pipeline. Sapphire Ventures led its $55 million Series D round in May of 2018. .

article thumbnail

Wells CEO Faces Hill Grill On Account Scandals

PYMNTS

Scharf noted the recent changes to leadership, with the creation of the new chief operating officer role , where 75 percent of the operating committee being put into place is new to the firm, having joined since the beginning of 2018. He said in his testimony that the business model had been flawed. Organizational Changes.

article thumbnail

Finastra research points to open finance progress

Bobsguide

“These compelling figures speak to a marked industry shift towards ‘open’ and reflect our journey, creating ways to innovate at scale and pace, and accelerate innovation through collaboration,” said Simon Paris, CEO at Finastra. “In In 2018 we declared that the future of finance is open.