Bank Innovation

OCTOBER 22, 2018

The combination of smartphone apps, big data, artificial intelligence, and cloud technology holds out intriguing possibilities in financial services,” Brainard said in her keynote speech. But no single […].

Boston 186

Boston Big Data Fintech Conference 186

PYMNTS

FEBRUARY 27, 2019

These market conditions may not seem ripe for FinTech innovation, but where there are challenges, there are opportunities. Michael Sassoon, CEO of banking and technology firm Sasfin , recently told PYMNTS about some of the country’s biggest hurdles in small business FinServ — and what technology innovators hope to do about them.

Technology 190

Technology Industry Innovation Big Data 190

Independent Banker

OCTOBER 31, 2018

“Innovation will be the key to sustaining and growing our businesses.”. Here at ICBA, we’re in full innovation mode, so it’s only appropriate that this issue be dedicated to technology. This year, you’ve probably heard me say that ICBA is focused on three pillars: community bank advocacy, education and innovation.

Fintech 70

Fintech Community Bank Community Nashville 70

Celent Banking

SEPTEMBER 30, 2015

While Dan was the one really working (he presented on “How Big Data can change Financial Services”) I mingled around the participants of this vibrant ecosystem encompassing entrepreneurs, financial institutions, investors, and regulators among other stakeholders. Share with us please!

America 100

America Fintech Big Data Regional 100

PYMNTS

JUNE 7, 2019

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. Existing backers Gradient Ventures, Randstad Innovation Fund, Bain Capital Ventures and Cervin Ventures also participated.

Data 139

Data Capital Analytics Lending 139

Bank Innovation

SEPTEMBER 26, 2018

If Finovate Spring was dominated by companies in lending and underwriting, then Finovate Fall was all about startups and service providers equipping banks with tools to help them provide better customer service.

New York 150

New York Analytics Lending Tools 150

PYMNTS

SEPTEMBER 1, 2017

and Asia, and PYMNTS lined up all the B2B FinTechs that recently scored fresh funding. The executive said BitPesa plans to use the funding to continue to disrupt the industry, expand and add new products like trade finance and other corporate lending solutions. This week’s B2B venture capital activity led to an impressive $141.2

Fintech 135

Fintech Capital Groups Analytics 135

CB Insights

MAY 15, 2019

As fintech plays a larger role in the financial ecosystem, companies are looking for ways to use tech to solve problems and find new opportunities in the space. One popular approach: in-house financial innovation labs. We’ve written about corporate innovation theater before — and how sometimes corporate innovation goes wrong.

Innovation 78

Innovation blockchain Technology Groups 78

FICO

APRIL 21, 2023

A: I think players in the non-prime and near-prime space are trying to get the most complete picture of credit worthiness for any potential borrower, so it’s becoming a “must have” in a lot of ways to stay competitive against new Fintechs in the space and not run into adverse selection. I’m a big believer in testing different data sources.

Data 52

Data Lending Trends Branding 52

PYMNTS

MARCH 10, 2020

The small business credit gap is a global issue, a problem that banks and FinTechs continue to hack away at, yet one that remains stubbornly persistent. At the root of the matter is often a lack of predictive data to ascertain the creditworthiness of these small- to medium-sized businesses (SMBs). Asymmetric Information Exchange.

Data 193

Data Lending Capital social media 193

PYMNTS

AUGUST 4, 2016

The alternative lending space is crowded — oversaturated, some may say — and in the U.S. marketplace lender OnDeck, alternative lending is likely to be mainstream in Australia as soon as the end of the decade. regulation is likely headed its way. According to U.S. “This is transforming the credit risk analysis process. .”

Lending 100

Lending Regulation Data Payments 100

PYMNTS

MAY 31, 2019

based B2B FinTechs led the way in this week’s investment roundup, with more than $212 million in new funding falling in the hands of startups targeting a range of enterprise operations. Accounts payable, cloud migration, Big Data and even legal management for startups raising new funding were all targeted among investors.

Capital 143

Capital Analytics Big Data Data 143

PYMNTS

DECEMBER 7, 2018

In what’s becoming an increasingly popular theme for B2B startup investors, this week’s funding rounds for B2B startups largely centered on tackling data silos and empowering the enterprise with the insights that data can provide. Existing partners of the FI including Coinbase and online lending platform Affirm.

Analytics 176

Analytics Data Capital Software 176

PYMNTS

JULY 28, 2017

In a statement, Boulder Ventures General Partner Peter Roshko said SyncHR “provides unparallelled automation and innovation” in the human capital management industry that “differentiates their SaaS platform” from the competition.

Big Data 105

Big Data Capital Software Data 105

PYMNTS

OCTOBER 10, 2016

203 billion to be spent on Big Data analytics solutions by 2020 , said IDC, highlighting banking and manufacturing as the industries that will fuel this spend. That’s due to the capabilities of risk management, fraud detection and prevention and compliance within data analytics solutions. One-fifth of U.K.

Big Data 100

Big Data Analytics Data Survey 100

Fintech Labs Insights

MARCH 13, 2017

How are the big trends in fintech like virtual reality, the blockchain, and big data analytics dictating trends in proptech? It is worth keeping in mind that trends in proptech are controlled by the same forces that drive trends in other parts of technology such as fintech. Big Brains and Big Data.

Big Data 20

Big Data blockchain Data Trends 20

FICO

SEPTEMBER 30, 2022

Our eight judges are business leaders, analysts, media and innovators in their own right, drawn from nearly every continent. She is a top advisor to Fortune 500 companies on responsible artificial intelligence strategy and data innovation practices and serves on several boards advising startups, universities, and other non-profits.

Meeting 52

Meeting Analytics Management Strategy 52

PYMNTS

APRIL 8, 2016

In small business lending, the rush of alternative players entering the market is beginning to give way to consolidation — or, at least, collaboration. Good Data, Bad Data. In the era of the cloud and Big Data, companies are beginning to figure out how to sort good data from bad data.

Analytics 100

Analytics Data Lending Big Data 100

Independent Banker

DECEMBER 13, 2015

Among the newest financial industry disruptors are online marketplace lenders, the deceptively benign name for potentially predatory nonbank lending platforms proliferating on the Internet. Their risky, virtually unregulated and rapidly expanding lending is troubling—for borrowers, for our economy and for our financial system.

Lending 70

Lending Industry Community Big Data 70

CFPB Monitor

FEBRUARY 14, 2019

More specifically, the agencies are directed to “improve data and model inventory documentation to enable discovery and usability, and [to] prioritize improvements to access and quality of AI data and models based on the AI research community’s user feedback.”.

Lending 84

Lending Community National Leadership 84

PYMNTS

SEPTEMBER 12, 2017

In the latest Data Drivers, PYMNTS’ Karen Webster spoke with CurrencyCloud CEO Mike Laven to get a sense of where innovation is headed. In FinTech – as all types of firms scramble to change the way payments have “always” been done – where innovation makes a mark, profits follow. Data Point Number One: 55 Percent.

Regulation 101

Regulation Data Innovation Payments 101

Bank Innovation

JANUARY 23, 2019

Toronto-based fintech Operant.AI Operant Founder and CEO Allan Fisch said at a meetup yesterday at Bank Innovation’s headquarters in New York that a consortium would allow the FIs to contribute anonymized data on the performance of their third-party […].

Operations 170

Operations New York Fintech Data 170

Bank Innovation

JANUARY 31, 2017

More data openness plus more consumer trust equals more business—this appears to be the conclusion multiple companies are reaching, particularly fintechs Envestnet Yodlee and Varo Money.

Data 150

Data Fintech Technology Company 150

Fintech Labs Insights

JUNE 20, 2016

Big data analytics company ThetaRay inked an agreement today with ING Netherlands that combines its Advanced Analytics solution for fraud detection with ING’s existing risk engine. The partnership will empower ING to uncover new SME lending fraud by detecting anomalies through its transactional and organizational data.

Fraud 17

Fraud Lending Big Data United States 17

Independent Banker

DECEMBER 29, 2015

ICBA warns of risks of online marketplace lending models. Online marketplace lenders are a new form of nonbank specialty lending that uses technology platforms to allow Wall Street and individual investors to directly fund loans to consumers and small businesses. Lend exclusively over online peer-to-peer platforms.

San Francisco 70

San Francisco Lending New York City Online 70

Fintech Labs Insights

AUGUST 24, 2016

It’s 2016, and the red hot fintech sector has evolved immensely since Finovate first launched 10 years ago. Financial services companies have to compete by offering more personalized services, real-time data and communication, and a user-friendly mobile features. Underwriting has advanced thanks to the availability of big data.

Fintech 12

Fintech New York UX Lending 12

FICO

DECEMBER 20, 2016

As we close out 2016, receding into the background are the never-ending stories of Big Data technology, as well as the hype of how P2P lending is taking over. Instead, the focus is on blockchain, open banking, AI, fintech beyond P2P lenders, cybersecurity, digitisation and customer experience.

Trends 40

Trends Big Data blockchain Data 40

Tomorrow's Transactions

AUGUST 30, 2016

From China banks starved of big data as mobile payments rise – FT.com. The loss of data poses a challenge to Chinese banks at a time when their traditional lending business is under pressure from interest-rate deregulation, rising defaults, and the need to curb loan growth following the credit binge.

Big Data 34

Big Data Mobile Cards Fintech 34

Fintech Labs Insights

SEPTEMBER 22, 2016

The innovations ranged from biometrics and big data to the latest in investment management, lending, customer on-boarding, and payments. After hours of review and debate, we have curated a roster of both leading, established companies and hot, young startups innovating from and for the Asian market. Turnkey Lender.

Big Data 12

Big Data Innovation Fintech Lending 12

William Mills

FEBRUARY 4, 2016

According to IDC Financial Services, the financial services industry spent $114 billion worldwide on mobility, cloud, and big data and analytics technologies, or about 25 percent of their IT budgets, and that figure will increase almost 30 percent by 2019. Fraud prevention and person-to-person (P2P) payments also draw attention.

Report 40

Report Big Data Analytics Strategy 40

Fintech Labs Insights

MARCH 28, 2016

For the 12th consecutive week, there were 20+ fintech fundings worldwide. The number of deals was inflated somewhat by the six new fintech companies launched at YC’s demo day that we had not previously covered. Here are the fintech deals by size from 19 March to 25 March 2016: Open Lending. Total dollars raised, $6.3

Company 12

Company Fintech San Francisco New York City 12

Gonzobanker

DECEMBER 20, 2019

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. It was the original data junkie. It is an innovator with tech (e.g., Netflix co-founder Marc Randolph said the leading trait of an innovator is identifying pain.

Idaho 148

Idaho Conference Data Marketing 148

Fintech Labs Insights

MAY 12, 2016

Of the six Best of Show trophies awarded on Wednesday afternoon, two went to companies – SaleMove and Silver6 – that are helping make visual technology a bigger part of fintech innovation. This year’s Best of Show vote is real testament to both the diversity and social engagement that defines fintech in 2016.

San Jose 12

San Jose Video Big Data Lending 12

Gonzobanker

OCTOBER 21, 2015

I gave my teams 8% of their budgets to blow [on innovation] and we talked about what we learned every week.”. Oracle’s Innovation Lounge. While innovation speaker Andrew Zolli initially made me think of Barbara’s warning about fancy MBA language, Zolli ultimately provided substance in how digital. Have a seat … plenty of room.

Las Vegas 60

Las Vegas Retail Phoenix Branch Design 60

Fintech Labs Insights

JANUARY 27, 2016

With FinovateEurope just weeks away, we’ve been paying close attention to European fintech. Not only did the sector have a banner year for innovation, it scored a record amount of VC investments. To gauge the temperature of fintech innovation in Europe, we looked at Finovate alums in different regions: Aire.io in the U.K.,

Fintech 12

Fintech Bitcoin US Data 12

Bank Innovation

JANUARY 25, 2018

EXCLUSIVE — It’s not even a month into 2018 and already so much has changed. The cryptocurrency bitcoin, which shocked everyone by surpassing $17K, further shocked everyone by dropping below $10K. Then of course there are various other events sweeping the financial services space, from new tax laws in the U.S., to the rise of […].

Trends 299

Trends Bitcoin cryptocurrency Taxes 299

Fintech Labs Insights

DECEMBER 1, 2015

. “Its in-depth understanding of our business needs, coupled with the strength of its data, plays a vital role in ensuring we offer the best customer experience possible.” Head of Alternative Lending at Equifax, Craig Tebbutt praised Zopa’s role in helping drive P2P lending in the U.K. Staff of 150.

San Francisco 12

San Francisco social media Lending New York 12