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Fiserv CEO Jeff Yabuki to Speak at Bank Innovation 2017

Bank Innovation

Fiserv CEO Jeff Yabuki has joined the speaker faculty of Bank Innovation 2017, taking place March 6-7 in San Jose. Yabuki joined Fiserv in 2005. Under his leadership, the company has grown revenue to exceed $5 billion annually, and serves more than 13,000 institutional clients. Fiserv also supports this site’s Read More.

San Jose 150
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Olo Receives $18 Million From Tiger Global Management

PYMNTS

Olo , a mobile and online food ordering platform, announced an $18 million investment by New York investment firm Tiger Global Management on Wednesday (Jan. Scott Shleifer, a Tiger Global Management partner, said he believes Olo is here for the long run. “We However, that technology didn’t exist yet – until it did.

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The Great Online Innovation Pile On Of 2017

PYMNTS

There seems to be an awful lot of piling on these days on the big online platforms. Its “Whole Paycheck” image combined with the rise in availability of organic foods in more traditional grocery stores put pressure on its stock, which was in the dumper, and the management team to do something to turn things around. Then there’s Amazon.

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Green Dot CEO: 20 Years Of Innovating ‘Banking For The Masses’

PYMNTS

That brought about an idea to create a card that would give kids — who didn’t have a credit card, but did have access to high-speed internet at school — a way to buy things online. By 2005, the firm was profitable and, by 2006, had sold over 2 million cards. area Rite Aid stores in 1998. It didn’t quite work as expected.

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

Fintech Labs Insights

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players. The last one, published in Jan 2014, featured 50 innovations (see below).

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Why Digital’s 3.0 Shift May Take Longer Than We Think

PYMNTS

Innovators with better tech will appear and — literally overnight — snatch your customers out of your calcified incumbent arms and build scale, they say. Especially if any of those innovations touched the physical world. Broadband wouldn’t become pervasive in homes until about 2005. These innovations would usher in digital’s 2.0

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Banking Regulators Release April 2020 BSA/AML Examination Manual Updates

Abrigo

The Exam Manual was originally intended to provide instructions to examiners when assessing the adequacy of a financial institution’s BSA/AML compliance program when it was first published in 2005. BSA program management is not a “one size fits all”. The online version of the Exam Manual is being updated as of this writing.