Bank Innovation

MARCH 12, 2017

This is something that has been long debated in the financial world, since the Fintech Golden Age roared in after 2008. Treat Startups Same as Banks Youth and skill, or age and experience? The fact is, a little age and respectability is sometimes a key factor when it comes to consumers and clients choosing a […].

Innovation 170

Innovation Fintech Online Technology 170

PYMNTS

SEPTEMBER 3, 2018

The latest global FinTech collaboration ties together Singapore and Dubai in a deal designed to encourage innovation in digital payments, online and mobile commerce, and related areas. The agreement … sets out a process to share and use information on innovation in their respective markets.”.

Fintech 111

Fintech Trends Innovation Groups 111

Bussman Advisory

OCTOBER 14, 2021

The latest edition of the FinTech Ecosystem Newsletter is here : The post Coinbase preps NFT marketplace | Microsoft to shut down LinkedIn website in China | Crypto could cause 2008-level meltdown, Bank of England warns appeared first on Bussmann Advisory AG.

social media 52

social media blockchain Google Fintech 52

PYMNTS

SEPTEMBER 18, 2018

And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. 15, 2008 fall of Lehman, which filed for bankruptcy that day. The rise of FinTech offers a bit of a prism through which to view those events. trillion this year.

Lending 148

Lending Innovation Fintech Cards 148

PYMNTS

AUGUST 20, 2020

Seventy percent of SMBs are adding new digital capabilities or enhancing existing ones to continue their operations, but firms often require financing to implement these innovations. A number of technological solutions exist to help them accomplish this, fortunately. SMB Lending Risks. Mitigating Loan Approval Risks.

Fintech 177

Fintech Fraud Lending Regulation 177

PYMNTS

OCTOBER 8, 2019

Kazakh FinTech group Kaspi.kz initial public offering (IPO), which was poised to be the biggest IPO by a central Asian company since the 2008 global financial crisis. still decided to postpone its listing “in light of currently unfavourable and uncertain market conditions, particularly in the technology sector.”

Marketing 139

Marketing Fintech New York Maine 139

Bank Innovation

OCTOBER 18, 2017

In its first major fintech acquisition, JPMorgan Chase will acquire WePay, bringing its software to the small businesses the bank serves. Founded in 2008, the Redwood City, Calif.-based WePay’s technology […]. based WePay provides payment solutions for enterprises.

Software 236

Software Fintech Technology Payments 236

PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. FIs Or FinTechs: Who Will Power Banking’s Big Digital Shift? The pandemic has sped up the digital roadmap for everyone in financial services, providing for more innovation in the last few months than had been seen during several years.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

JULY 19, 2018

American Express has filed for a blockchain-based proof of payment technology, and Santander U.K. At the same time, they are facing new competition from smaller, nimbler financial technology upstarts that are, in some cases, able to move on a dime to reach customers that traditional banks are often unwilling – or unable – to do business with.

Fintech 117

Fintech blockchain Technology Examples 117

Fintech Labs Insights

APRIL 12, 2024

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’s still going under the stewardship of fintech famous Jim Marous, who modernized the name to Digital Banking Report (and recently opened the archives for free access).

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

APRIL 30, 2019

Cross River Bank, a company that provides banking services for FinTechs, has partnered with payments processor and tech provider RS2 Software to provide an improved payment and digital banking experience for its customers, the companies announced. RS2 builds payment solutions for upwards of 14 million merchants.

Digital Banking 179

Digital Banking Payments Software Fintech 179

PYMNTS

FEBRUARY 26, 2020

Haythornthwaite has served as chairman since May 2006 and Banga has served as CEO since 2008 — when he took over the helm shortly after the onset of the financial crisis. He has served as Mastercard’s Chief Product Officer since 2016 and has headed the network’s new products and innovation team since 2018.

Payments 274

Payments Course Fintech Cards 274

Chris Skinner

FEBRUARY 25, 2016

The realisation is that banks have always been hot on technology and innovation. If you don’t think so, then just checkout this blog from April 2008 – eight years ago – where I talk about the rise of innovation in banking. I had a realisation this week. The context was talking about how banks had created a …

Innovation 150

Innovation Technology Fintech 150

PYMNTS

JULY 7, 2020

and other nations around the world as a result of the global pandemic continues to draw comparisons to the 2008 financial crisis — so it’s only natural that analysts may turn to the past in an effort to predict what could lie ahead. But that’s not to say that these FinTechs have a certain path ahead. The More Things Change.

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Lending Industry Fintech UX 171

PYMNTS

JANUARY 7, 2021

billion, with the goal of bringing FinTech businesses to public markets. SoFi’s technology platform Galileo , which it acquired in April, has helped position the startup at the nexus of the digital transformation in banking and financial services. The deal would give SoFi a post-money valuation in excess of $8.65

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Samsung Capital Lending Innovation 183

PYMNTS

DECEMBER 1, 2020

Hoberman, in a quote from CNBC, said European technology is "reaching escape velocity" and that seed venture investing is "attracting ever higher quality backers which will help more founders succeed.". London has the world's second-largest financial market and has proved a fruitful place for FinTechs.

Google 159

Google Charlotte Capital Big Data 159

CB Insights

APRIL 22, 2020

GET THE 102-PAGE State of fintech REPORT. Below, we dig into how the financial difficulties that many SMBs face could impact fintech companies (especially B2B fintech startups). What a cash flow crisis means for fintech companies. FINTECH COS HAVE A CASE TO MAKE for government adoption.

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Fintech Lending Online Examples 87

Bank Innovation

NOVEMBER 21, 2016

The Financial CHOICE Act, proposed by Texas Congressman Jeb Hensarling earlier this year, is a measure aimed at overturning or heavily modifying many of the regulations put in place after the 2008 financial crisis. The act has recently fallen under scrutiny from Wall Street as the president-elect championed a lessening of Read More.

Texas 150

Texas Fintech Regulation Management 150

Accenture

FEBRUARY 22, 2017

Following on from my previous blog introducing the new year in the Fintech Innovation programme, I wanted to turn the focus onto the emergence of RegTech—technologies that address the challenge and cost of regulatory compliance. Both are alumni of our FinTech Innovation Lab. Both are critical.

Compliance 150

Compliance Regulation Innovation Fintech 150

Accenture

FEBRUARY 22, 2017

Following on from my previous blog introducing the new year in the Fintech Innovation programme, I wanted to turn the focus onto the emergence of RegTech—technologies that address the challenge and cost of regulatory compliance. Both are alumni of our FinTech Innovation Lab. Both are critical.

Compliance 150

Compliance Regulation Innovation Fintech 150

Alex Jimenez

AUGUST 28, 2018

What is Fintech? Fintech is a dynamic segment at the intersection of the financial services and technology sectors where technology-focused start-ups and new market entrants innovate the products and services currently provided by the traditional financial services industry." -PwC PwC Fintech Report.

Fintech 40

Fintech Case Study Study Millennials 40

PYMNTS

JULY 2, 2019

The 2008 global financial crisis forced traditional banks to pull back from small businesses (SMBs) considered too risky and unprofitable to finance, leaving a gap in the market for alternative lenders and FinTech firms to fill. The bank-FinTech collaboration trend has hit the small business customer segment particularly strong.

Fintech 125

Fintech Resources Capital Trends 125

PYMNTS

OCTOBER 17, 2017

Can big banks be nimble of foot when it comes to FinTech? WePay was founded in 2008 to make it easier for software platforms to integrate payments into their offerings. WePay and the firm’s staff will serve as JPMorgan’s Silicon Valley payments innovation incubator. One giant — JPMorgan Chase & Co. —

Payments 217

Payments Software Fintech Compliance 217

Insights on Business

NOVEMBER 12, 2018

According to the Boston Consulting Group , there have been more than $321 billion in regulatory compliance penalties levied globally since the financial crisis of 2007- 2008. Beyond ensuring compliance, executives are often preoccupied with the substantial organizational and business challenges in developing and implementing effective GRC.

Compliance 107

Compliance Technology User Experience Analytics 107

Independent Banker

NOVEMBER 25, 2015

Even with technology’s increasing influence on retail banking, it’s not typical for a community bank to have one of its most senior and trusted executives concentrate primarily on leading consumer product and payments innovation. The role of Alex Jimenez, senior vice president and director of digital and payments innovation at the $7.2

Innovation 70

Innovation Community Bank social media Community 70

PYMNTS

JUNE 4, 2020

It’s a fast and radical transformation that the post-2008 financial system was kind of prepared for. How this plays out as financial institutions (FIs) throttle up digital innovation amid waning COVID panic forms the substance of The Digital Payments in a Digital World Playbook for June. Server farms didn’t melt. Life went on.

Payments 132

Payments Regional America Mobile 132

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. But Mathur noted that targeting underbanked SMBs means expanding the scope of data collection and extracting predictive value from such data through technologies like machine learning (ML).

Data 193

Data Lending Capital social media 193

PYMNTS

OCTOBER 26, 2017

It was the (initially) small FinTech startups that delivered a collective shakeup to the small business (SMB) lending industry. Technology giants like Google and Amazon , which gained their market muscle from non-finance-related ventures, are slowly stepping into the space. New reports in Bloomberg on Wednesday (Oct.

Lending 109

Lending Google Fintech Industry 109

PYMNTS

SEPTEMBER 20, 2017

BECU and other credit unions have also had to address the emergence of new FinTech companies, firms which are disrupting financial services by offering consumers innovative new options for managing their money. FinTechs: ‘A wonderful threat and opportunity’.

Fintech 123

Fintech Innovation US Mobile 123

PYMNTS

JULY 7, 2020

The small- to medium-sized business (SMB) lending industry is used to adaptation, especially since the 2008 financial crisis, when legacy financial institutions (FIs) began pulling back and FinTechs and digital players stepped up in the space. Alternative lenders like Bolstr, Kabbage and OnDeck used such technologies to approve 57.2

Lending 138

Lending Study Industry Tools 138

NCR

JULY 19, 2016

Since the economic crisis in 2008, nearly 5,000 U.S. Declining cost-income ratios, competition from fintech startups and blue chip technology companies, as well as mobile and online banking channels – these are the new realities facing financial institutions today. However, all is not lost. So, what’s there to lose?

Innovation 40

Innovation Customer Experience Retail National 40

PYMNTS

JANUARY 29, 2018

The financial services market has progressed by leaps and bounds in terms of innovation, from the rise of alternative finance to the development of technologies like blockchain and open banking initiatives. Credit unions cannot invest more than 12.25

Lending 116

Lending Florida Report Community Bank 116

PYMNTS

AUGUST 8, 2017

When news of the financial crisis broke in 2008 and big banks all over the world were eschewing consumer and small business credit markets, Batine and Dunaev saw an opportunity — one that was particularly pressing in developing nations, an area of the world that was below the big banks’ radars. That’s something nobody could predict.”.

Lending 105

Lending Capital Fintech Marketing 105

PYMNTS

FEBRUARY 15, 2018

One of the newest technologies in FinTech is coming to one of the oldest American outdoor gear brands. A New York company, Loomia , will make the circuits for the items — and hardware that utilizes near-field communication (NFC) technology to collect data. The Technology. Now arriving at L.L. The blockchain.

blockchain 116

blockchain Policies New Hampshire Retail 116

PYMNTS

NOVEMBER 2, 2019

We had been talking about all of the things we would do in the not-yet-defined future, where 5G technology is ubiquitous, our cities are connected and our lives are even better digitally modulated. But something else that was limited was the imagination of the designers who had never seen the technological innovations that were to come.

Houston 113

Houston Innovation Community Tools 113

Fintech Labs Insights

APRIL 27, 2016

Of the 15 first place prizes awarded this month in the 2016 Fintech Innovation Awards , five went to Finovate/FinDEVr alums. Fintech Leader of the Year: Zopa Executive Chairman and Co-Founder, Giles Andrews – FinovateSpring 2008. ” Innovation in Data Solutions: Nomis Solutions – FinovateSpring 2012.

Innovation 12

Innovation Fintech San Jose Cyber Security 12

NCR

APRIL 30, 2018

Since the global financial crisis in 2008 the profitability and reputation of banks has been under pressure. While the banking industry is now regaining its health, the new threat of fintechs and neo-banks is putting more pressure on banks’ profitability. Key technologies and considerations.

Technology 72

Technology Survey Leadership Strategy 72