Bank Innovation

MARCH 1, 2019

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

Fintech 170

Fintech Financial Technology Technology Operations 170

The Banker Technology

AUGUST 7, 2018

The Banker ’s Tech Projects Awards 2018 recognise the most innovative, imaginative and successful projects in financial technology from around the world. This year’s submissions were impressive examples of how the industry is responding to changing customer needs, as well as empowering staff to better serve customers.

Financial Technology 53

Financial Technology Examples Innovation Industry 53

Bank Innovation

FEBRUARY 8, 2019

Fresh off its January announcement to acquire payments processor First Data Corporation, financial technology vendor Fiserv seems to be banking on a breakout year for the bank-backed P2P payment service Zelle.

Financial Technology 170

Financial Technology Data Payments Technology 170

PYMNTS

APRIL 1, 2020

Credit unions (CUs), as much as other financial entities, are seeing a boom in competition as banking moves to online and mobile channels. Customers today expect to be able to access financial services instantly, which can put pressure on CUs that need to stretch restricted technology budgets into innovative new features.

United States 181

United States Innovation Online Tools 181

William Mills

FEBRUARY 22, 2018

Bankers as Buyers explores what banks will likely invest in this year and provides ideas and concepts from leading industry analysts, banking consultants and financial technology professionals on the top trends impacting the financial industry in 2018, including: Mobile Developments. Future Innovations.

Millennials 40

Millennials Digital Strategies Fraud Mobile 40

PYMNTS

APRIL 6, 2020

Philippines payments startup Voyager Innovations has closed a funding deal worth up to $120 million from existing backers, according to a Monday (April 6) statement from Voyager. The new funding follows a $215 million investment in 2018. The new funding follows a $215 million investment in 2018.

Payments 136

Payments Innovation Branding Fintech 136

PYMNTS

NOVEMBER 17, 2020

Embedded finance, the release noted, refers to the integration of financial service technologies with other provider solutions. Traditional banking isn't built to serve small businesses, and financial technology is quickly filling that gap,” he said, according to the release. Embedded finance solves this on both sides.".

Tools 167

Tools Capital Analysis Financial Technology 167

PYMNTS

NOVEMBER 10, 2020

New technologies such as stablecoins — privately-issued digital currencies — could transform the way people store and exchange their money, making payments cheaper and faster,” the release stated. Peirce defended the slow pace for many securities regulations, but not when they limit new technologies from being used.

cryptocurrency 167

cryptocurrency Regulation Bitcoin Colorado 167

PYMNTS

JUNE 15, 2020

To offer businesses a simple way for supervising expenditures, digital financial technology firm Wirecard is teaming with Payhawk to roll out a new Visa card, according to an announcement. Payhawk, which was started in 2018, triumphed at the Paris FinTech Forum’s Startup Challenge last year, according to the announcement.

Cards 207

Cards Fintech Maine Management 207

Payments Source

JANUARY 17, 2017

The PSD2 rules go into effect in 2018, providing a new opportunity for financial technology companies to compete with banks. But there's also an opportunity for banks.

Innovation 60

Innovation Fintech Financial Technology Technology 60

PYMNTS

OCTOBER 11, 2019

Money laundering has always troubled financial institutions, but today’s digital banking system creates additional complexities as fraudsters around the world take advantage of financial technologies to launder approximately $2 trillion annually. AML Strategies and Innovation Quirks.

Strategy 123

Strategy Innovation Fraud Security 123

PYMNTS

JULY 31, 2018

Coverage includes Accenture ’s FinTech Innovation Lab Asia-Pacific. Europe’s Billon has signed a letter of intent with financial technology provider FIS to explore joint product development and sales opportunities for its corporate blockchain solutions. “FIS

Fintech 100

Fintech blockchain Innovation Conference 100

CFPB Monitor

JANUARY 9, 2020

The CFPB and Utah AG’s Office have announced that they will hold the first joint office hours as part of the American Consumer Financial Innovation Network (ACFIN). ACFIN is a network of federal and state regulators that may include state attorneys general, state financial regulators, and federal financial regulators.

Utah 78

Utah South Carolina Tennessee Arizona 78

CFPB Monitor

JUNE 5, 2019

Earlier this year, Wyoming became the second state to create a financial technology (fintech) sandbox by enacting the “ Financial Technology Sandbox Act ” (Sandbox Act). Arizona was the first state to create a fintech sandbox and we will soon be publishing a blog post about Utah’s new fintech sandbox.)

Wyoming 60

Wyoming Fintech Arizona Financial Technology 60

PYMNTS

AUGUST 25, 2019

Launched in August 2018, Wanwu Xinxuan is an online retail platform selling children’s apparel, shoes and accessories. Look Who’s Charging Founder Stuart Grover added: “We are extremely excited to combine the technology and data we have built to support the Australian banks with Experian’s market-leading open data technology.

Data 109

Data Fintech Lending Regional 109

Filene

FEBRUARY 27, 2018

Keeping pace with emerging financial technologies. Growing new ideas and creating sustainable innovation to meet expanding consumer demands. Andrea Sreshta, co-founder of LuminAID was our Breakfast speaker this year and shared her company’s story of scaling, innovation and social impact.

San Diego 47

San Diego Austin Boston Innovation 47

PYMNTS

NOVEMBER 13, 2018

Last year, East & Partners released a report , “Financial Technology and the Corporate,” that revealed 13 percent of corporate treasurers and CFOs had already entirely switched their banking provider. Artificial intelligence (AI) and cognitive technologies are also growing on banks’ radars, the report said.

Survey 128

Survey Fintech Analysis Report 128

Insights on Business

OCTOBER 16, 2018

The IBM team will present on a variety of topics ranging from AI to the future of payments to the current trends in financial services. These small group sessions allow for quality time with some of our best experts in financial services. Monday, October 22, 2018. Tuesday, October 23, 2018. Veronese, 2nd level Room 2406.

Fraud 117

Fraud Customer Experience Analytics blockchain 117

PYMNTS

NOVEMBER 22, 2017

The Asia-Pacific region is a rising star in FinTech innovation, but this week, the blockchain spotlight landed on Singapore as more distributed ledger initiatives from the private and public sectors took major steps forward. The nation’s excitement over distributed ledger technology (DLT) cannot be ignored.

blockchain 134

blockchain Fintech Innovation Report 134

PYMNTS

FEBRUARY 28, 2018

At best—its originator and Visa’s SVP and global head of innovation and go-to-market, Shiv Singh, told Karen Webster—back in 2015, it was a mini project, a toe in the water to engage an entirely new audience for Visa: the developer. In 2018, participating U.S. The Upcoming Season. A World of Challenges. The easy stuff.

Regional 101

Regional United States Fintech Innovation 101

PYMNTS

JANUARY 9, 2019

While financial services (FinServ) innovations often emerge with built-in security measures, new market trends — including faster payments and open banking — are introducing new security threats to corporate treasury departments, according to cybersecurity company BioCatch. The tactic is relatively simple.

Payments 141

Payments Fraud Security Data 141

PYMNTS

APRIL 3, 2018

Ideally, those actions should run the gamut of transactions and financial services, across payments and cards. In an interview with PYMNTS, Domach said that “we are very early in the journey with voice technology, especially when it comes to final financial technology.”.

Mobile 124

Mobile Fraud New Mexico Examples 124

Insights on Business

SEPTEMBER 21, 2018

Every year, Money20/20 is one of my favorite conferences because I get to hear firsthand how leaders are reinventing financial services and are making fundamental shifts in technology, processes, people–and ultimately their own markets–to deliver better customer experiences, build skilled workforces, and solve industry-wide challenges.

Conference 115

Conference Customer Experience Industry Trends 115

NCR

MAY 25, 2016

The disruption caused recently by the emergence of a wide range of new financial technology (Fintech) players has been a huge jolt for the banking sector, and reminded traditional players that they cannot afford to be complacent in the face of these competitors. ” An effective approach?

Fintech 45

Fintech User Experience Innovation Strategy 45

PYMNTS

JUNE 27, 2019

And while the continual drumbeat of announcements from various players looking to find new and inventive ways to apply distributed ledger technology to various parts of Brazil’s financial services industry has something of a tendency to stand out, digital payments and banking news in general has been coming quick and constant.

blockchain 147

blockchain Payments Regional America 147

CB Insights

JULY 16, 2017

XL Innovate. HCS went through a major management shakeup in November 2016 when former AIG head of commercial insurance strategy and innovation Greg Wolyniec joined as president and CEO, while AIG president of liability and financial lines Alexander Baugh was named chairman of HCS’ board of directors. Allianz Ventures.

Strategy 28

Strategy Marketing Analytics Innovation 28

William Mills

MAY 9, 2018

Welcome to FinovateSpring 2018. Again another financial wellness platform using machine learning technology. How they describe their product/innovation: Project Finance is a personal finance application that shows users the future of their finances based on all the choices and decisions they’re making today.

Security 40

Security Samsung Strategy San Jose 40

Tech and Finance

JUNE 14, 2018

I publish occasionally at the Articulate Communications blog on issues of financial technology, banking and associated public relations and marketing topics. In the past I have written about design thinking, how to avoid bank PR-speak and whether banking and innovation belong in the same sentence. May 2018 GlobalData.

Survey 28

Survey Millennials Fraud Mobile 28

PYMNTS

OCTOBER 1, 2018

FIRREA authorizes the federal government to seek civil penalties against companies and individuals that commit various criminal offenses affecting federally insured financial institutions, including bank fraud, wire fraud and false statements to financial institutions. Attorney Alex Tse. “So, So, Now What?

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

AUGUST 12, 2019

Simply put, that means consumers’ retail experiences tend to inform their expectations for financial services, said Jim Johnson, executive vice president of FI payments and wealth for FIS , in a new PYMNTS interview with Karen Webster. FIS provides core banking and financial services technology for some 20,000 clients in 130 countries.

Payments 188

Payments Fintech US Innovation 188

PYMNTS

JANUARY 21, 2019

There, PSD2 was designed to encourage FinTech and payments innovation. One of the more recent examples comes from London-based financial technology startup Revolut , which is reportedly “the first London-based FinTech to receive a European banking license.” For example, in 2018, U.K.

Trends 185

Trends Payments Fintech Mobile 185

CB Insights

JULY 1, 2018

2018 VC Report: AI FUNDING LEPT 29% IN US. CATEGORIES: Auto Tech: Startups include Mojio , which provides an open platform for connected cars, as well as LeddarTech , which is developing LiDAR sensing technology. Fintech: The financial technology category has the greatest number of startups in our table.

Software 78

Software Capital Mobile Technology 78

CB Insights

MAY 15, 2019

As fintech plays a larger role in the financial ecosystem, companies are looking for ways to use tech to solve problems and find new opportunities in the space. One popular approach: in-house financial innovation labs. Fidelity — Fidelity Center for Applied Technology (FCAT) and Fidelity Labs. Visa — One Market Center.

Innovation 78

Innovation blockchain Technology Groups 78

CFPB Monitor

SEPTEMBER 13, 2018

Comments on the proposal must be received by October 10, 2018. Whether waivers will only be granted in connection with financial products or services that involve technological or other innovations and will not be granted in connection with conventional products or services.

Policies 60

Policies Arizona Regulation Innovation 60

CFPB Monitor

AUGUST 8, 2019

In December 2018, the CFPB issued proposed revisions to its 2016 final policy on issuing no-action letters, together with a proposal to create a new “product sandbox.”. Lawmakers are also focusing on the use of algorithms by consumer financial services providers. Both task forces held their first meetings in June.

Data 60

Data Lending Compliance Policies 60