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 UK’s Currencycloud Gets $80M From Visa, Others For X-Border Payments

PYMNTS

The new investors were joined by existing investors including Nation Capital, Sapphire Ventures and Google’s venture arm known as GV. Currencycloud said it will use the funding to boost its technology portfolio and partner network. My brand is invisible. I’m not competing with our customers.

Payments 130
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ThoughtSpot Raises $60M To Take On AI In Data Analytics

PYMNTS

Artificial intelligence (AI) is all around us in today’s technology-driven society. From smartphones to digital assistants like Alexa and Bixby as well as Facebook’s branded Messenger chatbots, the ability to determine what consumers want, how they want it and when they want it has started to become something of an expected norm.

Analytics 102
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ClassPass Lands $285M To Scale Fitness Marketplace

PYMNTS

Launched in 2012 by Payal Kadakia under the name Classtivity, ClassPass closed $2 million in seed funding in March 2014 after rebranding. The new funding will be used to scale its branded model worldwide. ClassPass members can reserve fitness classes using the company’s proprietary booking technology.

Branding 130
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eyeQ Raises $3.5 Million In Series A

PYMNTS

million in a Series A funding round to further develop its in-store display technology. More resources will enable us to continue serving the growing needs of our current customer base, who want to expand their use of eyeQ technologies,” said CEO Michael Garel. Shopper intelligence platform eyeQ announced that it has secured $3.5

Austin 100
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Pixlee Lets Retailers Market Using Real Customers’ Photos

PYMNTS

Pixlee , a San Francisco-based startup, allows retailers or brands to market directly to customers by using their own photos through curating them from social media or having the customer directly submit them for use, which the company says leads to a more authentic and engaging shopping experience for consumers.

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

Fintech Labs Insights

Innovations from 1995 to 2014 (with launch dates) Note: Ranking as of Jan 2014 Wells Fargo is first in the world to offer Web-statement access (launched May 1995) Security First Network Bank launches first full-service Internet bank brand (Oct 1995, disbanded 2002) PayPal launches first online optimized payment system (Nov 1999, bought by eBay in 2003) (..)

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Challenges for the neo-challengers: Four hurdles to overcome

Accenture

But there’s another reason why the neo-challengers are so front-of-mind: They’re industry leaders in cultivating technology innovation and optimising customer service and experience. Traditional banks have responded by innovating and creating their own digital banking brands—witness the launches of RBS’s Bó and HSBC’s Connecting Money app.