PYMNTS

AUGUST 17, 2017

The price of real estate is prompting even the largest players in the banking world to scale back their branch operations. Chase, Wells Fargo, Bank of America and Citi, to name a few, all scaled back their physical bank branch locations between 2012 and 2016, according to the Federal Deposit Insurance Corporation (FDIC).

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

Chris Skinner

JULY 3, 2017

Here are the key highlights: Over the past five years customers’ activity on banking apps rocketed by 354%, with apps now an increasingly popular way to access current accounts rising from 21% of access in 2012 to 61% by the start of 2017.

Mobile 286

Mobile Cards Video Management 286

Accenture

SEPTEMBER 22, 2019

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.

Innovation 150

Innovation Metro Apple Marketing 150

PYMNTS

JUNE 1, 2020

That is why it is critical for FIs to build out networks that can handle an increased amount of transactions or swiftly analyze large reams of data, according to Ali Niknam , CEO and founder of European digital bank Bunq. It is not the technology itself that is important, however, but the strategy behind it.

Innovation 132

Innovation Strategy Innovation Strategies Security 132

PYMNTS

MARCH 2, 2020

As far as we can tell, the origin of the quote is from a 2012 Fortune article, with the author writing: “ A favorite Bezos aphorism is “Your margin is my opportunity.” . Big Tech, FinTech and neo-banks are increasingly there to lap up the opportunities innovation is presenting to offer an alternative path to financial services.

Innovation 222

Innovation Data System Mobile 222

Fintech Labs Insights

FEBRUARY 2, 2021

At FintechLIVE we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). 7 born this month (Digit Insurance, Divvy, Mambu, Melio Payments, MX, PPro, Sunlight Financial). + It is the 7th fintech unicorn based in India, and the 4th most valuable. Full Fintech Unicorn List. Ant Technology.

United States 15

United States Fintech Utah Lending 15

Fintech Labs Insights

JUNE 7, 2021

Launched in a midtown (NYC) basement venue in 2007, Finovate* now organizes 4+ shows annually where fintech startups (as well as a few bigger companies) show their technology in no-Powerpoint 7-min live(ish) demos. 3 international bank clients. Glia : Digital customer service platform. Founded: June 2012.

Fintech 15

Fintech New York Colorado Digital Banking 15

Fintech Labs Insights

JUNE 7, 2021

Launched in a midtown (NYC) basement venue in 2007, Finovate* now organizes 4+ shows annually where fintech startups (as well as a few bigger companies) show their technology in no-Powerpoint 7-min live(ish) demos. 3 international bank clients. Glia : Digital customer service platform. Founded: June 2012.

Fintech 15

Fintech New York Colorado Online 15

Celent Banking

JANUARY 23, 2017

Over its ten years of existence, Celent’s Model Bank programme has always changed and evolved. In the last few years we have been awarding multiple initiatives in a small number of categories – for example, last year we had four winners in Digital Banking Transformation, the busiest of seven categories.

Risk Management 100

Risk Management Innovation Case Study Boston 100

CB Insights

DECEMBER 10, 2020

Bank of America, for one, saw profits drop 16% year-over-year (YoY) in Q3’20 to $4.9B. The pandemic has also accelerated recent trends in banking, especially among the millennial demographic, which tends to favor digital banking and online brands over traditional banks. Where Top US Banks Are Betting On Fintech.

America 101

America Lending Cards San Francisco 101

Fintech Labs Insights

OCTOBER 7, 2016

Panowicz, who worked for fellow Finovate alum mBank as Senior Director and Managing Director from the fall of 2011 to the spring of 2015, will be responsible for Kreditech’s product and technology departments. After leaving mBank, Panowicz joined Nordea, where he served as SVP and Deputy Head of Digital Banking.

Technology 19

Technology Boston Leadership Conference 19

PYMNTS

JULY 20, 2017

New players on the digital banking scene are hoping to change the game by looking to industries that are categorically unlike banks for inspiration. Over the past few years, dozens of so-called digital-only “challenger” banks have emerged on the financial scene, ready to compete with larger more traditional banks.

Digital Banking 128

Digital Banking Video Mobile Survey 128

Fintech Labs Insights

MAY 16, 2016

Mobile technology solutions provider Tagit has raised $8.75 Tagit CEO Sandeep Bagaria said the investment would help speed growth in sectors like digital banking and “Smart City” technology. Tagit builds open-architecture, mobile banking and commerce platforms for FIs and other businesses.

Mobile 21

Mobile Groups Analysis National 21

Fintech Labs Insights

APRIL 5, 2017

Mizuho Capital, SMBC Venture Capital, Salesforce Ventures, Fukuoka Technology Partners, Hiroshima Venture Capital, Senshu Ikeda Capital, and Baillie Gifford also participated. Furthermore, we have set our sights on the globalization of our services through deploying Japanese technology overseas.” SBI Investment led the round.

Capital 18

Capital Regional Industry Software 18

CB Insights

AUGUST 23, 2018

Over the past two years, the bank has spent nearly $20B to scale its technology and prepare itself for the next generation of banking. Live briefing: Consumer Banks in The Digital Age. Learn about the playbooks of today’s top banks as they digitally re-position their consumer products.

Cards 76

Cards Mobile Strategy Branding 76

Fintech Labs Insights

DECEMBER 2, 2015

“The digital banking experience matters when it comes to reaching millennials and retaining existing account holders,” he said, adding that Q2 is committed to serving the “increasingly digital modern consumer.” The company’s solutions are used in more than 275 community banks and credit unions.

Iowa 12

Iowa Austin Millennials Community Bank 12

Fintech Labs Insights

JANUARY 15, 2016

.” He added that imaginBank would “secure greater loyalty” among the 18-to-35-year-old bank customer, as well as boost new customer acquisition. And one in every three Spanish millennials is a customer of their bank. CaixaBank joined fellow Finovate alum PayPal on stage at FinovateEurope 2012 in London.

Millennials 12

Millennials Mobile social media ATM 12

Gonzobanker

DECEMBER 22, 2015

Wells (WFC), Chase (JPM) and Bank of America (BAC) over the past five years. It’s nice to see somebody passionate about using new payments technology to make banking easier and cheaper for the financially disadvantaged. Jill Castilla, CEO of Citizens Bank of Edmond, Okla. Goes to “Virtual” or “Direct” banks.

Community Bank 60

Community Bank Apple Community Technology 60

CB Insights

FEBRUARY 13, 2020

In an interview at CB Insights’ 2019 Future of Fintech conference, CFO and CPO William Gaybrick indicated that businesses are more constrained by developer resources than by capital. ‘PayFac’ technology simplifies underwriting and onboarding. ‘PayFac’ technology simplifies underwriting and onboarding merchants.

Online 98

Online Company Retail Payments 98

William Mills

SEPTEMBER 7, 2016

Provides mobile banking to banks and credit unions. But came here to talk about BankJoy API –Which provides advance banking out of the box. Their API is already integrated in a few core systems and other fintech necessitates. Perhaps there is a big bank in Canada that has embraced their technology.

Mobile 40

Mobile Cards Fraud Data 40

Fintech Labs Insights

NOVEMBER 22, 2021

At FintechLabs we maintain a list of 21st-century fintech unicorns* updated constantly ( current list here ). Full Fintech Unicorn List. Ant Technology. In October, we added 22 new unicorns for a total of 260. Their total market value is now $2.23 trillion, just $20B more than last month (essentially flat). trillion. .

Fintech 15

Fintech Lending Payments Security 15

Fintech Labs Insights

AUGUST 10, 2021

At FintechLIVE we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). USA SMB neobank Mercury Technologies. German neobank Solaris Bank. Full Fintech Unicorn List. Ant Technology. Plaid Technologies. In July, we added 10 new unicorns for a total of 208. 134(t): $1.6B

United States 15

United States Fintech Technology Company 15

Fintech Labs Insights

JUNE 3, 2021

At FintechLIVE we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). India-based banking technology startup. US fintech insfrastructure. 153 (t) Shift Technology :$1.0B Full Fintech Unicorn List. Ant Technology. Plaid Technologies. Tinkoff Bank.

United States 15

United States Fintech US Technology 15

Fintech Labs Insights

MARCH 4, 2021

At FintechLIVE we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). Full Fintech Unicorn List. Ant Technology. Plaid Technologies. Tinkoff Bank. In January, we added 9 new unicorns for a month-end total of 134. The total value is now $1.65 trillion, up $230B from last month.

United States 15

United States Fintech Company Analytics 15

Fintech Labs Insights

JULY 7, 2021

At FintechLIVE we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). Bunq , banking startup from The Netherlands. Trulioo , Canadian fintech security company. Full Fintech Unicorn List. Ant Technology. Plaid Technologies. Tinkoff Bank. Total (June 30) = 198.

United States 15

United States Fintech Bitcoin Capital 15

Fintech Labs Insights

MAY 3, 2021

At FintechLIVE we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). Full Fintech Unicorn List. Ant Technology. Plaid Technologies. Tinkoff Bank. In April, we added 11 new unicorns for a month-end total of 171. Their total market value is now $1.67 142 (tie) Clearcover : $1.0B

United States 15

United States Fintech US Company 15

CB Insights

JUNE 17, 2020

From healthcare to education to entertainment to manufacturing, technology innovators are stepping forward to help answer that question. As more people have worked, learned, banked, exercised, relaxed, and even sought medical care from home during Covid-19, they have gotten a crash course in just how much can be accomplished at home.

Industry 101

Industry Technology Online Video 101

Fintech Labs Insights

OCTOBER 5, 2016

Half of the companies in the FinTech Forward 20 “Companies to Watch” list presented by American Banker and BAI this week are Finovate/FinDEVr alums. When evaluating the various companies, judges were encouraged to ask themselves questions such as: “is this organization solving relevant problems for the banking industry?

Company 16

Company Fintech New York City New York 16

CB Insights

MAY 15, 2019

As fintech plays a larger role in the financial ecosystem, companies are looking for ways to use tech to solve problems and find new opportunities in the space. Fidelity — Fidelity Center for Applied Technology (FCAT) and Fidelity Labs. Get the entire 43-page PDF. One popular approach: in-house financial innovation labs.

Innovation 78

Innovation blockchain Technology Groups 78