Bank Innovation

JANUARY 10, 2017

Avin Arumugam, senior vice president of the Internet of Things at Visa, has joined the speaker faculty for Bank Innovation 2017, which takes place March 6-7 in San Jose. Arumugam was at JPMorgan Chase for four years prior to his starting at Visa in May 2016. Recent video footage also Read More.

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Bank Innovation

APRIL 11, 2016

The results of the survey, titled 2016 Survey of U.S. Marketplace Lending, show that half of investors surveyed have capital allocated for marketplace lending. Investors see a sunny future for marketplace lending, according to a survey released today by Richards Kibbe & Orbe LLP (RKO) and Wharton Fintech. The Read More.

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PYMNTS

APRIL 22, 2020

Rosenberg got the idea during a visit to his daughter’s college dorm at Michigan State in 2016. “I He had a prototype made, and in 2016 he was offered $3.6 million from a venture capital firm to fund the business. It comes with padded seat cushions and knee rests, and the attached desk adjusts for height and angle.

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PYMNTS

FEBRUARY 26, 2020

percent in 2016. Another key priority for many credit unions is diversity, with the African-American Credit Union Coalition and human capital solutions provider Humanidei partnering to increase the presence of women and people of color on CU executive boards. percent in 2019, compared to 10.5 million CU members.

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Nevada Security Innovation Data 192

PYMNTS

OCTOBER 21, 2019

As Seedrs CEO Jeff Kelisky told Karen Webster in a recent discussion, while most people in 2009 took one look at the sputtering and shuddering economy, there was a whole class of innovators and entrepreneurs who didn’t see a nuclear wasteland where the economy used to be. They saw a greenfield waiting to be planted.

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Bank Innovation

FEBRUARY 23, 2016

We are proud fintech nerds, and for five years we have marked the Coolest Brands in Banking on Bank Innovation based not on the type of sunglasses worn by a CEO, but on the Read More. When we think of cool, James Dean doesn’t immediately come to mind. The app Songsterr does.

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Bank Innovation

NOVEMBER 15, 2016

Every year, Bank Innovation chooses the bank and fintech videos that made us laugh, the ones that made us cry, the ones that made us want to go out and buy baby animals, and of course, the ones that made us go out and better manage our finances (well, we tried.) Read More.

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Bank Innovation

FEBRUARY 8, 2017

The bank reached a “major milestone” at the end of 2016, according to David Gordon, the bank’s U.S. BMO Bank has been “heavily” investing in its technology architecture for the past five years. chief technology and operations officer. That’s in terms of all the tech capabilities we have built, which will Read More.

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Chris Skinner

JULY 21, 2017

These companies include firms like Stripe, a six-year-old start-up that is the preferred code for building online checkout services. Really easy to work with, the company is the chosen system for many other innovative companies including Kickstarter and Apple Pay, and valued at almost $10 billion by the end of 2016.

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Bank Innovation

APRIL 28, 2016

Bank Innovation INV, this blog’s fintech accelerator, is pleased to today to announce the six extraordinary startups that have been admitted to its inaugural class.

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Bank Innovation

FEBRUARY 20, 2017

China may have taken the top spot in 2016 fintech funding, but it wasn’t the one doing most of the investing. based Innovate Finance, the top fintech investor for the year Read More. While China claimed nearly $8 billion of the total $17.4 billion invested across the world, according to a report by U.K-based

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CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

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PYMNTS

JULY 9, 2019

In the age of quick-service restaurant (QSR) dining technology innovation, restaurants are frantically looking into ways to provide consumers with mobile ordering bells and whistles like third-party payment integrations, rewards programs and surprise-and-delight offers. At the same time, dining platforms are expanding their offerings.

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Mobile Payments Los Angeles Hawaii 179

Bank Innovation

MAY 1, 2016

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

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PYMNTS

MAY 24, 2016

In an effort to show some recognition to the “good guys” out there and the innovative efforts being made to disrupt their respective marketplaces, Gartner has identified the recipients of this year’s “Cool Vendor” recognitions.

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Fraud Innovation Retail System 138

PYMNTS

MAY 30, 2016

And to make sure that everyone starts off 2016, Part II on the same footing, we thought we would bring you a few of the top trending stories, as well as hot data/research topics, that will give you a head start on that all-important planning for 2016 and beyond. Online Checkout Conversion. Get all of the details here.

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PYMNTS

SEPTEMBER 18, 2018

And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. Banks are getting into online initiatives, evidenced by Goldman Sachs building a consumer-facing business beginning two years ago and moving beyond catering only to the wealthy.

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PYMNTS

FEBRUARY 22, 2017

Our focus on providing localized and innovative product selection, improving the interconnected customer experience, and driving productivity resulted in record sales and net earnings for 2016,” said Craig Menear, chairman, CEO and president. Home Depot Q4 2016 net earnings hit $1.7 Sales for fiscal 2016 were $94.6

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PYMNTS

FEBRUARY 27, 2020

Businesses of all kinds suffer from the pervasiveness of fraud, with a recent study finding that 40 percent of retailers, restaurants and insurance companies had their online expansions impeded by cybercrime. Many of these companies are turning to new and innovative techniques, such as machine learning, to counter this threat.

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PYMNTS

NOVEMBER 10, 2020

The amount of use cases has really expanded, as customers want to be able to answer simple questions when shopping online that aid in the consideration process. It started when Founder Stephen Lease was training for a marathon in 2016. It capitalized on that growth to add new sports, including golf, strength training and biking.

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Retail Technology Training Online 261

PYMNTS

AUGUST 10, 2016

In general, venture capitalists are boosting their investments in Latin America, with funding reaching $594 million in 2015, a stark increase from $387 million in 2012, the Latin America Venture Capital Association confirmed. Canada and Brazil. It looks like it’s no harm, no foul for Apple. Hackers Go For Gold In Rio.

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Bank Innovation

MAY 9, 2016

We can all agree Credit Karma, Chase Mobile, Bank of America, Wells Fargo, and PayPal aren’t leaving the Top Ten on App Annie anytime soon. But ratings and rankings aren’t everything — there’s also the cool factor. How easy is the app to use? Does it makes us feel good (even Read More.

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America Mobile US social media 150

PYMNTS

OCTOBER 16, 2020

The Indian payments upstart was founded in 2016 to serve the financial needs of the millennial and Gen Z generations. Stripe is buying Paystack, a firm that says it processes over half the online payments in Nigeria. billion in venture capital investments spanning from January to September 2020.

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Millennials Payments Cards Fintech 131

CB Insights

SEPTEMBER 26, 2018

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. Sometimes corporate innovation goes wrong , and we’ve written about corporate innovation theater before.

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William Mills

JANUARY 5, 2016

In a recent analysis of all technology investments announced on a single day on CrunchBase, there was more than $250 million in venture capital spending. Smart venture capital and private equity firms have long recognized that all parts of the traditional financial industry is burdened with legacy business practices and systems.

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Fintech Kansas Capital Innovation 40

Bank Innovation

DECEMBER 20, 2016

The year 2016 may go down as the year of debt for startups, a new report suggests. But founders — especially for fintechs — still needed access to capital. Venture capitalist plunged to its lowest levels in two years in the last quarter to $2.4 billion for fintech startups. Bloomberg Read More.

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Capital Fintech Report Lending 150

Bank Innovation

MAY 5, 2017

The recent troubles of Home Capital, a Canadian alternative lender, once again raises questions about the future of the industry. In May 2016, the company’s stock price was in a tailspin, ultimately dipping […].

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Lending Capital Industry Online 170

PYMNTS

AUGUST 3, 2018

To help grow innovative companies in the grocery industry, Albertsons Companies has linked up with Greycroft to create an investment fund. billion in venture funding in 2016. And while just 23 percent of Americans buy groceries online , that share is expected to more than triple in under 10 years.

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PYMNTS

OCTOBER 17, 2019

million in a funding round that was led by Pangaea Ventures and Happiness Capital. TruTag offered no immediate comment, but news of the funding round comes not only amid an ongoing push to enable more online pharmaceutical sales and delivery, but also an increasing focus on the global problem of counterfeit goods. Counterfeit Trends.

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Fraud Innovation Technology Mobile 101

PYMNTS

OCTOBER 17, 2019

million in a funding round that was led by Pangaea Ventures and Happiness Capital. TruTag offered no immediate comment, but news of the funding round comes not only amid an ongoing push to enable more online pharmaceutical sales and delivery, but also an increasing focus on the global problem of counterfeit goods. Counterfeit Trends.

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Fraud Innovation Technology Mobile 101

PYMNTS

JANUARY 1, 2019

A robust supply of private capital reportedly is one of the main reasons for that, along with corporate cultures that are averse to public markets. But relatively high stock prices and access to more capital remain prime temptations, and there is little doubt that 2019 will bring more than few exciting — and telling — IPOs. The latest?

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PYMNTS

JUNE 24, 2016

Online to offline coming to Walmart near you, and we mean that sincerely. Online lending . The venture capital backers are no doubt smiling. . But this is only the third tech IPO debut of 2016, and the first unicorn, and we’re halfway through the year, quite nearly. A pretty clear-cut sizzle.

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PYMNTS

AUGUST 14, 2020

However, the Journal cited unnamed sources as saying that the London-based Barclays is also bidding for GM’s card business, while current issuer Capital One is unlikely to let the account go without a fight. The GM card has about $3 billion in outstanding balances, making it an attractive target. country manager, said in a statement.

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Cards Apple Google Technology 245

PYMNTS

DECEMBER 24, 2020

PYMNTS research on consumer shopping habits showed that 24 percent of all consumers say they have taken at least one of their routine shopping activities online and do not plan to revert to shopping in stores for this activity, even after the pandemic is over. More consumers are going online to shop and pay as the pandemic progresses.

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Retail Branding Minneapolis Trends 295

PYMNTS

DECEMBER 21, 2016

POS platform company Appetize recently announced that it had closed a $20 million investment round led by Shamrock Capital Advisors and Oak View Group, among others. Appetize provides fixed POS for iOS and Android, self-serve kiosks, handheld POS, online and mobile ordering, robust back-end inventory and reporting management tools.

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Los Angeles Company Atlanta New York 100

PYMNTS

APRIL 8, 2016

Since pioneering online invoice factoring, we’ve gained remarkable traction and are currently on track to fund more than $200 million in working capital in 2016,” said CEO and Founder Eyal Lifshitz in a statement. The offering can bring SMEs between $5,000 and $30,000 in financing, the firm said.

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Bank Innovation

JANUARY 26, 2018

launched its Marcus digital bank in late 2016, the conventional wisdom was the investment bank wanted to expand into retail banking. EXCLUSIVE— When Goldman Sachs & Co. But, apparently, that’s not the whole story. Marcus, it seems, is an asset pricing play, Goldman’s CEO implied yesterday.

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