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BAI Extends Deadline for Global Innovation Award Nominations to April 20

Bank Innovation

The deadline has been extended for submissions to its annual Global Innovation Awards, BAI announced today. As its name implies, the awards are handed out to innovators around the world for their work in financial services.

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Amazon To Build $40M Robotics Innovation Hub Near Boston

PYMNTS

Amazon is planning to build a $40 million state-of-the-art robotics innovation hub near Boston that will result in the creation of 200 tech and manufacturing jobs, Amazon announced in a press release Wednesday (Nov. We look forward to a strong partnership with Amazon Robotics,” she said.

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Why Invisible Will Make 2020’s Payments Innovation Roar

PYMNTS

Two hundred and seventy-four years later, those words are the perfect framework for understanding what will define the next decade of innovation in payments and any ecosystem that touches it. Sometimes those innovations disrupted old models and players; other times they made them better and more efficient. The Invisible Innovators .

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Why Accounting Innovation Flourishes In India

PYMNTS

India is becoming a new center stage for innovation in the corporate and small business accounting software space, analysts believe. billion in 2011, according to reports. Analysts placed several factors behind this trend. .” The software industry alone is valued at about $5.6 billion, up from $3.8

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Fixing Some Of The Big Problems In Payments And Commerce

PYMNTS

Artificial intelligence is set to fuel all kinds of innovations, and Visa is certainly making its plans. trillion: Projected annual business travel spend by 2011. . trillion: Projected annual business travel spend by 2011. Cyber fraud can be a corporate killer if complacency sets in – but there’s an answer for that.

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Moven Gets Funding from SoftBank and Looks to Returns to Roots with Bank Acquisition

Bank Innovation

Moven burst onto the fintech scene in 2012 — it was founded in 2011 and launched an alpha product in 2013 — as Brett King’s bank, or bank account. Neobank Moven has secured an undisclosed amount from SoftBank and is looking to acquire a bank with the funding, according to an American Banker report. Originally […].

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Tandem, Harrods Acquisition to Restore Tandem as a U.K. Fintech Player

Bank Innovation

It’s happened before — Green Dot bought Bonneville Bank back in 2011, and there have been a few others, but it’s far from a trend — yet. A bank buying a fintech company is newsworthy, but a fintech startup buying a bank means the industry may be changing. But that kind of change is what […].

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