Bank Innovation

MARCH 19, 2019

Most virtual assistants are reactive, but Capital One is training its virtual assistant, Eno, to be proactive, according to Ken Dodelin, VP of conversational AI products at the bank. Most [virtual assistants] are chasing reactive customer questions,” Dodelin told Bank Innovation. “We

Training 170

Training Capital Taxes Innovation 170

Bank Innovation

JANUARY 24, 2017

Edward “EJ” Achtner, Bank of America‘s Head of Digital Banking – Strategy, Platforms, Innovation, and Partnerships, has joined the Bank Innovation 2017 speaker faculty. based bank.

Innovation 150

Innovation Charlotte America Digital Banking 150

PYMNTS

JUNE 19, 2019

million in fresh funding, capital that will go toward “a B2B offering (that allows) individual travel agents at large online travel management companies and tour operators to offer a ‘seamless travel experience’ to their end customers, making the booking experience simpler, faster and cheaper.”. -based startup called Duffel.

Innovation 152

Innovation Industry United States Payments 152

Bank Innovation

APRIL 15, 2016

Bank of America Corp. “We’re up and operating Read More. needs to wait “a few months” for its clearXchange partners to catch up to it. The megabank’s CEO, Brian Moynihan, said yesterday that clearXchange was “a few more months” from “heavy” marketing of the P2P payments platform.

America 150

America Operations Marketing Payments 150

Bank Innovation

SEPTEMBER 14, 2018

Banks and fintech ranked artificial intelligence and machine learning as their top innovation priority, according to a Bank Innovation survey. Bank Innovation asked people in the banking and fintech community to list what’s top on their innovation wish list.

Innovation 186

Innovation Survey Fintech Community 186

PYMNTS

JANUARY 22, 2021

Chinese eSports provider VSPN has raised $60 million in a Series B+ funding round to help it expand its operations overseas. Investors in the latest financing included Prospect Avenue Capital, Guiotai Junan International, and Nan Fung Group. Lighthouse Capital served as the exclusive financial adviser.

Nevada 180

Nevada Capital New York Groups 180

PYMNTS

SEPTEMBER 28, 2016

Trade finance has become a central focus for some blockchain innovators, including Microsoft via its Azure platform. 27), the technology conglomerate announced a significant step towards developing blockchain-based trade finance solutions via a partnership with Bank of America Merrill Lynch (BAML). On Tuesday (Sept.

blockchain 100

blockchain America Tools Conference 100

Bank Innovation

JULY 17, 2018

Banking consumers take a middling view of today’s mobile banking applications, according to a study by Bank Innovation. In the survey conducted this month by Bank Innovation, banking consumers gave mobile banking a net promoter score of 12, which is in the bottom 25% to 50% of all NPS scores.

Innovation 210

Innovation Mobile Study Survey 210

PYMNTS

SEPTEMBER 30, 2016

B2B startups saw a little bit of everything this week when it came to venture capital. million funding round over the weekend, with the corporate expense management company seeing funding from Sabadell Venture Capital, Venturecap, Bankinter, Telegraph Hill Capital and Kibo Ventures. Spain-based Captio revealed a $1.1

Capital 100

Capital blockchain Management Lending 100

PYMNTS

MAY 22, 2018

-based company whose artificial intelligence-powered software platform enables in-home network security for network operators, after a Series B funding round. This investment round will help CUJO AI meet growing international demand, particularly in North America, Europe, and APAC,” a spokesperson for the company said. “In

Security 108

Security Capital Customer Experience Mobile 108

PYMNTS

SEPTEMBER 25, 2020

He said to do so they must take the long-term view while being mindful of the intersection of finance, operations and the customer experience while finding new methods to measure and address pain points. CFOs get typecast more than other executives as being just debit- and credit-oriented,” Rainey told PYMNTS.

San Jose 261

San Jose Baltimore Nebraska Community 261

PYMNTS

JUNE 3, 2020

In a widely-reported letter to employees, Marcelo Claure , SoftBank’s chief operating officer, noted that the new Opportunity Growth Fund “will be the biggest fund providing capital to black Americans and people of color.”. “This is our opportunity to remove those barriers for a new generation of founders.” ”

Minneapolis 132

Minneapolis United States America Capital 132

South State Correspondent

JANUARY 4, 2023

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. Improving efficiency is like “losing weight” and “working out more.”

Community Bank 195

Community Bank Capital Training Lending 195

PYMNTS

AUGUST 9, 2017

In a report that suggests technology can’t solve every back-office issue, eProcurement service provider Proactis has found that the restaurant industry is struggling to gain access to the right talent pool to optimize its procurement operations. But human capital is essential to making these criteria a reality.

Capital 101

Capital Resources Survey Industry 101

PYMNTS

OCTOBER 16, 2020

Jess Turner, Mastercard’s executive vice president for North America Products and Innovation, tells PYMNTS the venture is just one part of the firm’s push to help gig workers get benefits. Mastercard will initially make the Stride platform available through two partners, Jobble and Mobility Capital Finance (or “MoCaFi”).

America 291

America Innovation Customer Experience Industry 291

PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Commerce Ventures, Flint Capital, Two Sigma Ventures, Synchrony and Sorenson Capital also participated, according to reports.

Security 189

Security Capital Analytics Software 189

Bank Innovation

FEBRUARY 8, 2017

chief technology and operations officer. BMO Bank has been “heavily” investing in its technology architecture for the past five years. The bank reached a “major milestone” at the end of 2016, according to David Gordon, the bank’s U.S. That’s in terms of all the tech capabilities we have built, which will Read More.

Innovation 150

Innovation blockchain Operations Technology 150

PYMNTS

JANUARY 19, 2021

announced that it has completed its sale of Cost Plus World Market (CPWM) to Kingswood Capital Management. Those individuals have expertise in labor and deployment, operations and R&D. However, a number of shops are fighting back with digital technology in addition to other innovations. Bed Bath & Beyond Inc.

Washington 141

Washington Retail Marketing Operations 141

Celent Banking

FEBRUARY 24, 2017

This particular article is focused on innovations in small business and corporate banking: two critical market segments for financial institutions as they seek revenue growth and relevance in the evolving digital B2B marketplace. Operations and Risk. Legacy Transformation / IT Platform Innovations. Emerging Innovation.

Innovation 114

Innovation Boston Technology Meeting 114

PYMNTS

JULY 23, 2019

billion in a new funding round led by the venture capital firm Sequoia Capital. . What they’ve accomplished in achieving both rapid growth and strong unit economics is rare for a company this complex and so early on,” Sequoia Capital partner Roelof Botha said in an email to reporters.

Capital 146

Capital America Regulation Innovation 146

PYMNTS

JULY 10, 2017

Reports Friday (July 7) said PayStand was one of two startups that attracted financing from LEAP Global Partners’ first early stage venture capital fund, LEAP Partners I. operating as a cross-border investor with such a focus. ”We Only one percent of all venture capital-based companies is Latino-owned.

America 102

America Payments Capital California 102

PYMNTS

NOVEMBER 5, 2019

Coca-Cola’s supply chain operations are run by an IT firm called Coke One North America (CONA), and the company recently had such a successful run with blockchain software provider SAP that it’s going to expand the program from two to 70 manufacturers, according to reports. . The funding round was led by Polychain Capital.

blockchain 138

blockchain San Francisco cryptocurrency Bitcoin 138

PYMNTS

SEPTEMBER 30, 2020

House committee this week began reviewing the idea of allowing the likes of Amazon or Facebook to receive charters to operate as banks — an idea that’s already gotten plenty of pushback from traditional financial institutions (FIs). This means getting regulation right is critical.

Regulation 349

Regulation National System Industry 349

PYMNTS

OCTOBER 27, 2019

The operation will carry an enhanced, innovative Payroc brand, offering full-service global merchant acquirer services and payments processing in 46 countries. Private equity firm Parthenon Capital sponsored the merger. “We NXGEN and Payscape merged in May in a deal also backed by Parthenon Capital.

Illinois 100

Illinois Capital America US 100

PYMNTS

JANUARY 15, 2020

Beyond Brazil, EBANX operates in Mexico, Colombia, Argentina, Chile, Peru, Ecuador and Bolivia. EBANX became a unicorn – valued in excess of $1 billion – last year following a second-round investment by FTV Capital. “We Brazil is the largest country in South America and one of the biggest emerging economies in the world.

Fintech 169

Fintech America Payments Capital 169

PYMNTS

SEPTEMBER 8, 2020

Thunes, the FinTech startup that operates a global cross-border payments network for emerging economies, announced on Tuesday (Sept. The funding is intended to fuel its growth in Africa, Asia and Latin America. Amazon Pay’s Gauthier: No One Can Predict Retail’s Future, So Innovate Around What Won’t Change.

Payments 141

Payments California Apple Video 141

PYMNTS

JUNE 7, 2019

This week’s B2B Venture Capital roundup is all about data. However, the biggest funding round of the week went to a company that is not yet in the B2B FinTech space, though it has plans to use the capital to launch a cross-border, small business (SMB) money-transfer service. Catch up on the latest investment rounds below.

Data 139

Data Capital Analytics Lending 139

Perficient

NOVEMBER 25, 2020

In recent decades, Latin America has emerged as a powerhouse for outsourcing software development. With Perficient’s recent acquisition of PSL , we’ve expanded our global delivery footprint into Latin America. Finally, we’ve operated as a horizontal company since our inception. How do they provide visibility?

Software 364

Software US Innovation Trends 364

Bobsguide

MAY 12, 2022

2022 — Murex , the global leader in trading, risk management and processing solutions for capital markets, has?won?the category at the FTF News Technology Innovation Awards 2022. and its unwavering commitment to product innovation. PARIS, May 12,?2022 the Software Solution of the Year?category Murex’s MX.3

Software 78

Software Innovation Risk Management Capital 78

PYMNTS

AUGUST 4, 2020

We’re excited to extend our partnership with Stripe to offer our customers capital and real-time access to funds so they can take on more jobs and better operate their businesses.”. Jobber is also adding technology to make it simpler for home services businesses to get loans through Stripe Capital. employment.

America 158

America Software Meeting Capital 158

PYMNTS

AUGUST 22, 2019

Digital parking company SpotHero has raised $50 million in a series D funding round led by Macquarie Capital , according to a release. . Other participants in the round included Union Grove Venture Partners, and previous investors Insight Venture Partners, Global Founders Capital and others also invested again.

Company 116

Company Capital Mobile Leadership 116

Gonzobanker

DECEMBER 14, 2023

For decades many thought it would never happen but now America’s Credit Unions is becoming a reality. Anyone who follows the industry knows this focused institution led by Findlay is all about executing the timeless principles of capital management, credit quality, efficiency and customer service. Grab some popcorn and watch.

Fintech 195

Fintech Community Regional Technology 195

PYMNTS

NOVEMBER 22, 2019

VTEX has been around since 1999, but it hasn’t had the need to raise a significant amount of capital thus far, mostly operating off of its own revenues. . The funding round is significant because its one of SoftBank’s bigger investments with its Innovation Fund, which is targeted specifically to Latin American companies.

Software 108

Software America Regional Tools 108

PYMNTS

SEPTEMBER 28, 2020

We emerge from Chapter 11 as a stronger, more innovative retailer, brand partner and employer.”. The financing is in addition to the liquidity provided by the $900 million asset-based lending led by Bank of America and a group of commercial banks.

San Francisco 139

San Francisco New York City Houston Dallas 139

PYMNTS

JANUARY 21, 2021

I n " A Look Forward: What Executives Wish for America and the World in 2021." Well-funded and organized fraud operations, meanwhile, continued to amass more capital, manpower and technology. Melissa Townsley-Solis, head of GIACT , discusses one of the negative effects of COVID-19: the escalation of fraud in the payments arena.

Fraud 180

Fraud social media Strategy Maine 180

PYMNTS

DECEMBER 24, 2020

The evolution of the corporate card this year revealed just how dynamic the payment tool can be for organizations thanks to value propositions like spend controls and visibility, as well as capital float. For buyers, of course, there is the added capital float and opportunity to enhance spend visibility and control. A Recharted Future.

Course 202

Course Cards Capital Payments 202

PYMNTS

JANUARY 25, 2021

“There’s been a real behavior shift over to digital [and] that won’t go away,” said Celeste Burgoyne , president, Americas and global guest innovation at lululemon. “At At the same time, Travis Boyce , head of global retail operations at fashion sneaker maker Allbirds seemed to straddle the benefits of both selling formats.

Community 269

Community Retail Strategy National 269