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CaixaBank Launches imaginBank, a Mobile-Only Bank for Millennials

Fintech Labs Insights

” He added that imaginBank would “secure greater loyalty” among the 18-to-35-year-old bank customer, as well as boost new customer acquisition. In addition to being mobile-only, imaginBank is social media friendly, as well. imaginBank also offers consumer financing of up to €15,000 with no arrangement fee.

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GonzoBanker Awards 2017

Gonzobanker

BNC shareholders got a terrific premium, a 47% dividend increase, and a continued leadership role for Richard D. Platoon Talent Leadership Award – Goes to WSFS Bank ’s Lisa Brubaker who, at Finastra ’s client conference, pointed to hiring more free-wheeling advisory talent in branches, “backstopped by a sergeant.”. Happy Holidays!

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11 Lessons From Startup Chapter 11s

CB Insights

Declared Bankruptcy: 2011. By December 2011, it was under $30/kg. By September 2011, Solyndra’s business model had fallen apart. — Ben Kaufman, founder, Quirky. Founded: 2011. Dart Music. Earth Class Mail. Solyndra: A fragile business model leaves you vulnerable to competition. Founded: 2005. Total Funding: $1.2B.

Apple 78
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Autopsy Report: 9 Startup Failure Stories And What We Can Learn From Them

CB Insights

A lawsuit filed by the Securities and Exchange Commission followed, with Holmes agreeing in a settlement to return millions of shares, pay a $500,000 fine, and refrain from being an officer or director of a public company for 10 years. That July, it banned Holmes from owning or operating a lab for two years. Takeaways & lessons.

Report 78
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Rise Of China’s Big Tech In AI: What Baidu, Alibaba, And Tencent Are Working On

CB Insights

Under his leadership, the company’s AI research group launched several projects, including its autonomous driving and conversational AI platforms. However, Baidu’s 2011 acquisition of Japanese input method editor company Simeji gave Baidu access to Japanese users’ conversations and syntax over the years.

Google 63