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Biometrics Beats Blockchain at Bank Innovation 2016

Bank Innovation

Eleven companies were awarded slots in the DEMOvation Challenge, which took place yesterday here at Bank Innovation 2016, our annual first-quarter event. They were: Asignio – authentication solution Autobooks – payments and accounting software for Fis Bankfacil – Sao Paulo-based secured Read More.

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DEMOvation Finalists for Bank Innovation 2016 Announced

Bank Innovation

The panel of judges — Scarlett Sieber of BBVA; Sam Maule of Carlisle & Gallagher; Ryan Falvey of the Center for Financial Services Innovation; Matt Wilcox of Fiserv; and Phil Ryan of Bank Innovation — will decide which company is worthy of the “Best in Show” DEMOvation crown at Bank Innovation 2016.

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How One Nevada Credit Union Secures Its Self-Service Innovations

PYMNTS

percent in 2016. The onset of digital banking has drastically changed the way CU customers interact with their financial institutions (FIs), placing a much greater emphasis on self-services like mobile and online banking. percent in 2019, compared to 10.5 million CU members. Deep Dive: Credit Unions Face Data Breach Challenges.

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2016 Innovators to Watch: 1 to 5

Bank Innovation

Lucy Peng, CEO, Ant Financial Ant’s latest fundraising round – the largest ever anywhere – of $4.5 billion, and its overall valuation of more than $60 billion, have turned the Alibaba spinoff into one of the most valuable private tech companies in the world. Launched in 2014, Ant Financial Read More.

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AI/BOTS: Machine Learning Tips Online Fraud Scales

PYMNTS

Stemming from AI, machine learning is helping technology move at a swifter rate, and as more people bring their shopping needs into the online world, it’s likely that machine learning will play a larger role moving forward. In 2016, online financial fraud hit 15.4

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BankBazaar Turns 15: Celebrating a Decade and a Half of Innovation and Diversity

BankBazaar

KYC Made Easy: Paperless Wonder in 2016 BankBazaar continued to make waves in 2016 when we unveiled our paperless e-KYC platform. With this innovation, customers could complete the Know Your Customer (KYC) process online, swiftly and effortlessly. Bid farewell to stacks of paperwork and lengthy verification processes!

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Financial industry outlook 2016: Innovation will find its way back

ZootBlog

Over the past several years as banks focused on staying in compliance with myriad new regulations, innovation slowed—nearly to a standstill. In 2016 equilibrium will start to take place as the financial industry embraces the tremendous potential technology holds for them and innovation finds its way back.