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How RBC Capital Markets revamped its data management efforts

Bank Innovation

RBC Capital Markets has looked externally to help it consolidate data in one place, analyze it and better equip employees. Starting in 2013, RBC Capital Markets began collecting all the data it could that was relevant to its clients, including e-commerce data, trades and portfolios.

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Chime Commands $1.5B Valuation After Capital Raise

PYMNTS

According to a report in CNBC , the San Francisco startup said the Series D round of venture funding was led by DST Global , as well as new investors Coatue, General Atlantic, ICONIQ Capital and Dragoneer Investment Group. Chime launched in 2013, offering debit cards, savings accounts and checking accounts to consumers without any fees.

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Wells Fargo Invests $5M In Blockchain Analysis Startup Elliptic

PYMNTS

Wells Fargo Strategic Capital (WFSC) is backing the London-based blockchain analysis firm Elliptic with a $5 million investment, bringing the startup’s Series B round to $28 million, Elliptic announced in a press release on Thursday (Feb. WFSC joins existing investors SBI Group and Santander InnoVentures.

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Consumer Need Fulfillment Co goPuff Nets $380M On A $3.9B Valuation

PYMNTS

The company was founded in 2013 and offers customers the ability to order cleaning and home products, over-the-counter medications, and food and drinks. goPuff's innovation comes from bringing the convenience store to the customer rather than the other way around. billion, and the leading investors were Accel and D1 Capital Partners.

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

Fintech Labs Insights

The last one, published in Jan 2014, featured 50 innovations (see below). Note: These are the rankings from 10 years ago. I will update with milestones from 2014 to today and publish next month. I’m taking suggestions here (so far: crypto, BNPL, earned-wage access, chatbots, deposit networks).

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Banking's Total Return Top 5: 2013 Edition

Jeff For Banks

capital appreciation and dividends. Texas Capital Bancshares, Inc. and its subsidiary BofI Federal Bank aspire to be the most innovative branchless bank in the United States providing products and services superior to their competitors, branch-based or otherwise. Not so over the three years I have been keeping track.

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Neobank Northmill Gets Swedish Banking License

PYMNTS

“The banking license means a great responsibility, and it is gratifying to see that Sweden and its authorities foster innovation,” Lindahl said, adding that the mission of the bank is to “simplify people’s financial lives through technology and innovation.”. As part of the deal, Northmill must maintain a capital minimum of €5 million.