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Your 2013 State of Banking Predictions for This Year Were Right on the Money

Bank Innovation

PREMIUM —In 2013, Bank Innovation asked readers to predict the state of innovations in banking for 2018. Data collected in the September 2013 Bank Innovation survey showed that our readers had excellent foresight into the current innovations and challenges of the fintech industry.

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Innovative Ecosystem Draws FinTech Firms To Toronto

PYMNTS

Toronto is a powerhouse for financial innovation in Canada: The city has the most sizable ecosystem for FinTech in the country, with 185 startups per one count. Our team has torn apart the small business banking playbook and created our own digital banking platform and operating model from the ground up.”.

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PayPal To Roll Out Innovation Labs In India

PYMNTS

PayPal, the digital payments company, is rolling out two new technology Innovation Labs based in India, where FinTech startups are currently flourishing. The labs, according to the report, are based out of Chennai and Bangalore and will focus on initiatives in machine learning, AI, data science, IoT, AR, VR and basic robotics. and Singapore.

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5G Starts Adding Fuel To Healthcare Payments And Innovation

PYMNTS

percent until 2013. Telemedicine services like Doctor on Demand – which now operates in 50 states – connect patients with physicians, psychiatrists and mental health workers entirely across digital channels.

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On National Burrito Day, Chipotle Serves Up Signs Of QSR Innovation

PYMNTS

As Chipotle continues its digital efforts, the chain’s stock is having its best year since 2013, with part of the increase credited to investors liking CEO Brian Niccol , who joined the chain about a year ago after turning Taco Bell into a lifestyle brand and introducing breakfast at the quick service restaurant. Chipotle’s Digital Gains.

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Neobank Northmill Gets Swedish Banking License

PYMNTS

By being able to operate as a bank, we have the tools to take the next step and drive true positive change for the users.”. There is a number of cloud-operated FinTechs offering the same services as Northmill. There is a number of cloud-operated FinTechs offering the same services as Northmill. and Monzo in London.

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Coin Operated No Longer: Fitbit Plans To Close The Card Service

PYMNTS

Coin, which was founded as a mobile payment company initially in late 2013, has seen its fair share of ups and downs over the years. From seeking to take the place of all credit cards , to securing a large round of funding and introducing innovative reward programs , Coin followed the routine path of most startups.

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