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FitPay Founder & COO Michael Orlando Joins Bank Innovation 2018

Bank Innovation

EXCLUSIVE- Michael Orlando, founder of FitPay, a provider of payment technology for wearables, has joined the speaker faculty for Bank Innovation 2018, which takes place March 5-6 in San Francisco. The company went on to be acquired by security technology company Next-ID Inc., Orlando founded FitPay in 2014.

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Six Keys to Meaningful Evaluation of New Financial Technology

Jack Henry

Banking and securities lead all industry sectors in terms of average IT spending as a percentage of revenue, at nearly 8%, according to a 2018 Deloitte study. Global IT spending in the banking sector during 2021 is estimated to be nearly $300B.

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What Will Happen to Fintech in 2018? More Blockchain, More Loans, More Fraud, Mitek Says

Bank Innovation

EXCLUSIVE- Blockchain technology and digital loans will continue to grow in 2018 as banks continue to work on their cybersecurity in the coming year, software provider Mitek predicts. It’s just logical that given the extent of recent data breaches, that we’re going to see more of the same.

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Walmart Partners With HomeValet On Smart Box Technology For Fresh Deliveries

PYMNTS

Powered by internet of things (IoT) technology, HomeValet’s smart box can store frozen, refrigerated and pantry items at three different controlled temperature ranges. The smart box technology will provide the delivery driver with secure access to the box. Walmart first launched its grocery delivery service in 2018.

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The Push For Cybersecurity Technology At Credit Unions

PYMNTS

Credit union (CU) associations and service providers are pushing for the adoption of technology to help with security and compliance. as of December 2018. 20 percent: Share of CUs that prioritized growing mortgage loans in 2019, down from 52 percent in 2018. million: Number of credit union members in the U.S.

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Top Funded FinTech Startups Founded in 2018

Let's Talk Payments

Increasing access to capital, consumer awareness, and acceptance to new ways of managing finances and other ecosystem drivers have been attractive for entrepreneurs in 2018 as well. Figure is a financial technology company that offers consumer credit products by leveraging blockchain, AI, and.

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Indian Tech Startups Broke Funding Records In 2018

PYMNTS

Indian tech startups had a huge year in 2018, but the way the money is being distributed has some experts concerned about the future of the country’s financial ecosystem, according to reports. Early startups were a part of 304 deals in 2018 and raised $916 million. billion in funding – the most ever. In 2017, Indian startups got $10.4

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