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DATA: How FI’s Innovation Gap Is Big Tech’s Big Opportunity

PYMNTS

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.” . And while there are plenty of headwinds in pursuing those innovative opportunities – many so-called incumbent FIs may be running out of the proverbial runway.

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Payworks Raises $14.5M To Grow POS Technology

PYMNTS

Founded in 2012, Payworks offers a variety of omnichannel payment providers a next-generation payment gateway technology, operated in the cloud and provided in a Software-as-a-Service model. Payworks announced that it has completed a $14.5M We back businesses that can have a significant impact on the financial services industry.

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Why Bunq Banks On The Cloud For An Innovative Edge

PYMNTS

The challenger bank has run on a cloud banking model since its 2012 launch and is available for business and consumer use in 30 European markets, including Austria, Germany and the Netherlands. It is not the technology itself that is important, however, but the strategy behind it. Complex Banking Requires Simple Networks.

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Mediaocean Seeks Supply Chain Transparency

PYMNTS

Advertising technology Software-as-a-Service (SaaS) firm Mediaocean has formed a blockchain partnership with Amino Payments for transparency and accountability in digital advertising, Mediaocean announced on Tuesday (Jan. It combines blockchain, advertising and payment technologies to enforce transparency in online advertising.

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The way we bank is radically changing too

Chris Skinner

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. These changes have empowered customers in the way they choose to manage their finances.

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18 Corporate Innovation Labs In Healthcare

CB Insights

From the digitization of medical records to smart patient care platforms, technology is disrupting the healthcare industry. One solution: in-house healthcare innovation labs. We put together a list of healthcare innovation labs from new entries to the field, as well as some of the oldest — and most familiar — names in health.

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Stop Working on Your App Immediately

Bank Innovation

Since 2012, it has been the fastest growing technology in banking. That’s the word out of Digital Banking 2016 here, where bankers outnumber entrepreneurs (but not vendors). The mobile banking app traces its roots to SMS banking back in 1999. But it comes with Read More.