Bank Innovation

MARCH 1, 2019

This is up from 35% in 2017, and way up from 18% in 2013, according to Financial Technology Partners’ 2018 Annual Fintech Almanac. Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic investor.

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PYMNTS

OCTOBER 17, 2019

The increase has the effect of stifling a global economy driven by innovation and new ideas. The value of fake and counterfeit products went from $461 billion in 2013 to $509 billion in 2016. percent in 2013. Illicit trade in fake goods is a major challenge in an innovation-driven global economy. percent, up from 2.5

Fraud 101

Fraud Innovation Technology Mobile 101

CB Insights

OCTOBER 2, 2018

Facebook, Amazon, Microsoft, Google, and Apple (FAMGA) are doubling down on data security. Effective data security features are critical to securing this information. However, Facebook and Amazon are not the only Big Tech companies with a need to innovate in data security. The Future of Data Security.

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Security Data US Google 58

PYMNTS

SEPTEMBER 24, 2020

The major cybersecurity issues that will continue to increase as digital becomes more prominent is fraudsters managing to get control of customers’ accounts,” he said. Social Security numbers. billion in losses in 2019, according to a recent study, although it has declined from $20 billion in 2013. Shetty explained.

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Video Fraud Digital Banking System 205

PYMNTS

JUNE 24, 2016

The new capital will be used to accelerate SecurityScorecard’s ongoing scale and foster innovation in its delivery of cybersecurity health ratings. Since launching in 2013, the company has actively tracked more than 100,000 companies and identified vulnerabilities using an outside-looking-in perspective.

Google 101

Google Risk Management Survey Capital 101

PYMNTS

OCTOBER 31, 2019

Launched in 2013, San Francisco-based Particle aims to be an all-in-one solution to help customers bring IoT devices to market by providing encryption and security, as well as data autonomy and scalability. Our customers who started as early innovators are now leaders in their industries.”

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San Francisco Industry National Capital 101

South State Correspondent

MAY 1, 2024

For inspiration in banking innovation, we often look to other industries. Instead of thinking traditionally, Gentle Monster pursued a strategy of innovation and creativity to become the hottest sunglass company globally, creating a company currently valued at $900 million. Honkook Kim and his Gentle Monster Brand is a perfect example.

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Innovation social media Branding Marketing 195

PYMNTS

MARCH 27, 2020

Fresh meal vending solutions provider Farmer’s Fridge launched in 2013 to meet that need, using vending machines to sell fresh and healthy food at scale. “I From the supply-chain side, I have to be able to manage a highly perishable inventory,” he said. Targeting Convenience.

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Milwaukee Meeting New York City Data 130

PYMNTS

JULY 11, 2018

CNBC said The Steinberg Group , which operates under the name dOMAIN, and a production management company in New York City agreed to submit altered invoices and bills to hide the scam. The fraud happened from 2008 until he was fired in 2013, noted the report. He also worked with two QVC vendors to aid in ripping off the company.

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Company New York City Fraud Retail 102

PYMNTS

DECEMBER 10, 2018

Analysts at the time called this product “an historic opportunity” to bolster the merchant’s “corroding bottom lines,” and innovators rushed to build new applications to help them seize it. A payment method that has managed to capture nearly a quarter of sales over a decade hasn’t done badly. And what was the product?

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Branding Cards Payments New Jersey 184

William Mills

DECEMBER 12, 2017

Now in its 23 rd year, the conference featured more than 20 technology providers and rallied together innovators from across the globe to discuss how financial institutions can better engage with business customers… and the timing couldn’t be better. The company recently surpassed $1 billion in loan requests since it was established in 2013.

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Conference Innovation Lending Customer Experience 40

PYMNTS

OCTOBER 10, 2018

Rarely does the wire transfer come into play as an exciting, innovative payment rail ready to disrupt cross-border B2B payments. The wire transfer, made popular by Western Union more than 150 years ago, may not seem to be the most innovative rail. Thieves attempted to steal $5.3 counterparts are not available.

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Fraud Compliance Innovation Payments 116

Insights on Business

APRIL 23, 2018

Starting in 1954 with the “ Electronic Brain ” project that “reduced the time required for a cost-benefit analysis from 1,000 man-hours to nine and a half minutes,” the relationship between these two American institutions continues producing innovative solutions in the finance and banking industries. Technology moves fast.

Security 87

Security Data Analytics Industry 87

PYMNTS

JANUARY 31, 2020

Bryant formed the Bryant Stibel venture capital firm in 2013 with Jeff Stibel, founder of Web.com. Bank’s Adam Kruis, senior vice president and manager of working capital consulting, and Jennifer Swenson, vice president of corporate payment systems, discuss how the bank ensures smooth implementation of virtual card solutions.

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Cards Technology social media Meeting 131

PYMNTS

NOVEMBER 15, 2017

Together, SAP and EY said they are pushing for corporate adoption of blockchain in the area of supply chain management, a common target of open-source blockchain projects. Their partnership deploys EY’s Ops Chain supply chain management solution built on distributed ledger technology. More Support for Blockchain in Trade.

blockchain 130

blockchain Analysis Tools Technology 130

Fintech Labs Insights

SEPTEMBER 21, 2020

Innovate Finance broadcast the finals of its Pitch360 competition over Zoom in July. Builds business applications using cryptography for superior data security and data privacy. Personal Financial Management & Wellness. Founded: 2013. Digital Assets. Category winner AND overall winner: Wirex. HQ: London. Funding: $4.6M

Innovation 15

Innovation Fintech blockchain Capital 15

PYMNTS

JANUARY 1, 2019

years in 2013, according to a recent estimate. Even if one or more of them fail to materialize, talk will continue about these IPOs, which itself will help guide the thinking and moves of industry peers, competitors and innovators. Securities and Exchange Commission that sets the stage for it to go public.

Payments 223

Payments social media Analytics Capital 223

CB Insights

APRIL 22, 2019

Consider the recently updated figures from the Government Accountability Office’s 2015 report on retirement security in America, which highlight that 29% of households aged 55 and older have no retirement savings and no pension. While wage growth in the US remains slow, homeowner equity has more than doubled since 2013.

Millennials 70

Millennials Resources America Tools 70

PYMNTS

MAY 5, 2016

Such is the double-edged sword of a retail industry swept up in innovation. From 2009 to 2013, same-store sales increased by marginal amounts in 2011 only and decreased by 6 percent in 2009, 10 percent in 2012 and 4 percent in 2013. Yes, that seems an appropriately fine number to panic over. April — Vestis. ”

Retail 100

Retail Branding Denver Management 100

PYMNTS

DECEMBER 12, 2017

Most businesses and accountants still rely on antiquated, paper-based methods to manage some stages of their process,” he said in an emailed interview with PYMNTS, pointing to the continuing popularity of checks and wire. Electronic payments are [a] much more secure method of payment.”.

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Fintech Payments Analysis Survey 110

PYMNTS

JULY 1, 2016

Singapore is on a mission to build up a Smart Nation by utilizing innovation and technology to create opportunities and strengthen communities. Between 2011 and 2015, the government allocated $16 billion to help accelerate Singapore’s research, innovation and enterprise landscape. Innovation On The Rise.

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National Training Bitcoin Samsung 133

PYMNTS

APRIL 30, 2018

It’s a thought that was triggered recently after reading and reflecting on recent developments across three innovations heralded as FinTech’s poster children — disruptors out to change the world and eat the proverbial lunches of incumbents they say are too big and too unmotivated to change. Blockchain. Marketplace lending. Digital banks.

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Fintech blockchain Lending Digital Banking 183

CB Insights

SEPTEMBER 22, 2017

Deals to regtech startups have increased steadily (if at times slowly) over the past few years, from 83 deals in 2013 to 147 last year. This briefing with cover financing trends for startups, corporate activity in the space, and innovative approaches to dealing with new regulatory complexities. ANNUAL FINANCING TRENDS.

Compliance 46

Compliance Trends Software Capital 46

PYMNTS

DECEMBER 31, 2016

Apple is renowned for its technologically innovative combinations of functionality and sleek design, but when the innovation is lacking, design isn’t enough to keep consumers interested. Every year, Amazon somehow manages to outdo itself and finds more space in which to succeed. Resolution: Security, security, security.

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Apple Security social media Study 109

PYMNTS

JULY 20, 2016

When First Data quietly announced its purchase of Clover in 2013 – the move was widely covered as a competitive answer to Square (and its many imitators). We think that having our products integrated with Bypass and their existing relationships is a great foundation to develop and innovate on.”.

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System Operations Customer Experience Innovation 100

PYMNTS

MARCH 16, 2018

Ever since 2013, when Amazon CEO Jeff Bezos said the eCommerce giant was working on a 30-minute drone delivery program called Prime Air, people have been saying that delivery is the big retail use case for drone technology. Domino’s furthered the point by delivering a pizza by drone in 2016.

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Retail Technology Survey Course 151

CB Insights

DECEMBER 19, 2019

The online insurtech company was launched in 2013 in a joint effort by China-based tech giants Alibaba, Tencent, and Ping An. ZhongAn became China’s first online-only insurer to break the $1.49B premium mark and has pursued technological innovations like blockchain ; however, its stock has fallen by more than 50% since its IPO.

Fintech 51

Fintech Regional Analytics Groups 51

Fintech Labs Insights

APRIL 27, 2016

Of the 15 first place prizes awarded this month in the 2016 Fintech Innovation Awards , five went to Finovate/FinDEVr alums. ” Innovation in Cyber Security / Anti-Fraud: Global Gateway by Trulioo – FinovateFall 2015. ” Innovation in Data Solutions: Nomis Solutions – FinovateSpring 2012.

Innovation 12

Innovation Fintech San Jose Cyber Security 12

CFPB Monitor

MARCH 19, 2015

In October 2013, the CFPB issued its first report to Congress on the results of its first review. The next six topics involve the “areas of concern” identified in the 2013 report. The last two topics involve “specific areas of interest” identified by the CFPB after issuing the 2013 report.

Cards 60

Cards Marketing Report Innovation 60

PYMNTS

OCTOBER 1, 2018

Both the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have officially ended a two-year investigation of LendingClub, its subsidiary LC Advisors (LCA), its founder and former CEO Renaud Laplanche and its former CFO Carrie Dolan. On Friday (Sept.

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Lending Fraud Management San Francisco 135

FICO

SEPTEMBER 21, 2016

Online banking electronic payments fraud is on the rise, as fraudsters explore security gaps in the emerging banking channels. For instance, data released by Financial Fraud Action UK , shows that UK online banking fraud losses increased by 38% in 2014 from 2013, and by 64% in 2015 from 2014. Follow me on Twitter @ScottZoldi.

Analytics 40

Analytics Fraud Payments Retail 40

CB Insights

JANUARY 6, 2019

One popular choice: retail innovation labs. Learn about the technologies, innovations, and strategies that retailers can leverage this holiday season. We’ve assembled a list of innovation labs from some of the most recognizable names in retail looking to disrupt their industries. CVS — Digital Innovation Lab.

Innovation 77

Innovation Retail Branding Technology 77

PYMNTS

MAY 13, 2016

The point: to ensure laws and regulation would not negatively impact innovation. The fact that bitcoin’s biggest use case is all about the Dark Web doesn’t really support the notion that it should be loosely regulated — and that there is a huge difference between privacy and security and anonymity when it comes to financial transactions.

Bitcoin 100

Bitcoin blockchain Regulation Operations 100

CB Insights

NOVEMBER 9, 2017

From new booking engines to events/activities to person-to-person platforms like Airbnb, there is innovation all over in travel. With investments in or acquisitions of 10 travel tech companies each, Expedia and TripAdvisor have been the most active investors since 2013. And no one is safe. First Name. Notable activity.

Online 33

Online Groups Industry Maine 33

PYMNTS

JUNE 27, 2019

Founded in 2013, Nubank currently claims 8.5 It will enable the BCB to directly exchange messaging and data with other regulators such as the Securities and Exchange Commission of Brazil and the Superintendence of Private Insurance. SoftBank declined to comment. million customers and is the largest online bank outside of Asia.

blockchain 147

blockchain Payments Regional America 147

PYMNTS

MAY 4, 2016

Zooz is an Israeli firm that helps merchants connect with multiple payment providers by allowing eCommerce companies to connect with a wide variety of payment providers, eWallets, banks and fraud management and other related services. The firm has confirmed it plans to use the new funding to enhance and expand its global growth efforts.

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San Francisco Cards Maine Fraud 100

Independent Banker

JULY 30, 2015

ICBA Services Network subsidiary companies ICBA Bancard & TCM Bank®, ICBA Securities®, ICBA Mortgage®, ICBA Reinsurance® and ICBA Strategic Technology Solutions® provide direct access to key operational services and solutions. ICBA Services Network®. ICBA Bancard & TCM Bank , N.A. For more information, visit www.icbabancard.org.

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Resources Tools Community Bank Community 70