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Why Bunq Banks On The Cloud For An Innovative Edge

PYMNTS

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. The third benefit is becoming critical to the evolving banking industry.

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Seeking Banking Balance Between Physical And Digital

PYMNTS

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).

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Finovate Fall 2016 Live Blog – Day 1

William Mills

And we’ll do it by re-imagining the way money flows through the digital economy. Specializes in digital banking platform. She combined Innovation Strategy Management with cutting edge technology to create an award winning SaaS company – GainXâ„¢, used by Fortune20s, 500s, and many of the worlds largest FSIs today.

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37 Corporate Innovation Labs In Finance

CB Insights

Founded: 2012. In 2018, GFT acquired the Insurance and Innovation Performance Center run by V-NEO, which will dramatically increase the size of its innovation lab. Notable projects: GFT and digital bank Fidor AG formed an innovation partnership in 2016. Bank OZK — OZK Labs. Founded: 2012.