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2017 Innovators to Watch: 44 Executives Shaping the Future of Banking

Bank Innovation

2017 was a tumultuous year, but despite some stops and starts, innovation in finance is only gaining more momentum.

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Enterprise Cloud Platform Company Takes The B2B Venture Capital Lead

PYMNTS

The fundraising was headed up by Advent International via Advent Tech and Sunley House Capital, an Advent affiliate. Quona Capital, a venture firm that is geared toward FinTech in developing markets, headed up the round, with Omnivore and LGT Lightstone Aspada taking part as well. CloudTrucks. million Series A funding round.

Capital 192
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Automakers Rev Up Venture Capital Engine With 38 Investments in 2017

PYMNTS

Automakers that want in on ridesharing, self-driving cars or innovative car financing options aren’t always developing their own technologies or starting their own ventures. As such, automakers are hitting the venture capital highway in droves. The number of automaker-backed investments seems to have skyrocketed overnight. Ridesharing.

Capital 109
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PAAY Rolls Out Partner Platform To Complement EMV 3DS Technology

PYMNTS

By comparison, the first 3-D Secure (3DS) technology provides consumers with a user experience marked by lengthy times for processing and verification. A 2019 LexisNexis study found that overall retail fraud attempts increased by two times year over year and three times since 2017. seconds on average through EMV 3DS.

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Things worth reading: 17th March 2017

Chris Skinner

Iceland lifts capital controls Is the Federal Reserve giving banks a $12bn subsidy? The post Things worth reading: 17th March 2017 appeared first on Chris Skinner's blog. Sovereign-wealth funds catch on in Africa Lloyds takeover of MBNA faces competition investigation.

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Germany’s Delivery Hero Introduces Its Own Venture Capital Fund

PYMNTS

German food delivery platform Delivery Hero is launching its own early-stage venture capital (VC) firm — DX Ventures — that will be managed independently to focus on advancing founder-led startups. The company went public in 2017 on the Frankfurt stock exchange, and in 2020 became part of the blue-chip index DAX (Deutscher Aktienindex).

Capital 151
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Hitachi Capital America Lands Trade Finance Takeover

PYMNTS

Hitachi Capital America , Hitachi’s U.S.-based In a statement, Hitachi Capital America EVP and General Manager of Commercial Finance and Corporate Development Mark Duncan said the takeover will help the company expand its footprint in the technology sector. The company released data in 2017 that found nearly half of U.K.

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