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FinTech Cloud Technology Fuels Banking Innovation

PYMNTS

As cloud technologies emerge to help financial institutions (FIs) drive digital innovation, Finastra has introduced its Fusion Payments To Go offering for small and medium-sized banks. Alacriti, a FinTech that was started in 2003, works with banks and other customers on making the migration to digital payments.

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Real Innovation Solves Today’s Problems, Not Tomorrow’s

PYMNTS

Innovation happens when you least expect it. Those we call “innovators” are simply the ones who endeavor to solve the problems in front of them by any means necessary. Only later do others look at them and call them “innovators.” PYMNTS: Where do you look for innovative ideas, and why? The conversation is excerpted below.

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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

The last one, published in Jan 2014, featured 50 innovations (see below). Note: These are the rankings from 10 years ago. I will update with milestones from 2014 to today and publish next month. I’m taking suggestions here (so far: crypto, BNPL, earned-wage access, chatbots, deposit networks).

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Mastercard Selects New President For European Operations

PYMNTS

Barnett will join Mastercard’s Management Committee on June 1 and will report to Gilberto Caldart, president of international for Mastercard. He added that he is eager to build on the company’s ideology to “drive new technology and innovation” and to be the “partner of choice.” .

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ACI Worldwide Amps Up Erste Bank Hungary Electronic Payments

PYMNTS

ACI provides innovative banks, like Erste, with the ability to seize opportunities, while maintaining their bottom lines,” said Sylvie Boucheron, SVP of financial institutions in North America and Europe for ACI Worldwide, in a press release. The goal, both companies say, is to spur continued growth across Europe. “As

Payments 100
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Yahoo! Is! For! Sale!: Why Banks Should Care

Celent Banking

It was only in December when management shared the stunning news that Yahoo! ’s management could focus on rebuilding the company’s core Internet businesses. It’s very simple: innovation is a game that is played for a full 9 innings. By spinning out the Alibaba stake to Yahoo!’s Ironically, Yahoo!

Google 100
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The Evolution Of eBay’s Global Payments Strategy

PYMNTS

The platform has had to add several new payment options to its platform during the 25 years since its 1995 founding, including digital wallets and PayPal, which became its primary payment service provider (PSP) in 2003.

Strategy 230