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These 12 Startups Are Competing in the Demo Contest at Bank Innovation Ignite

Bank Innovation

The 12 startups demoing to try to win the “best in show” award at Bank Innovation Ignite have been unveiled. Community Capital Technologies, Denizen Financial, Diro Inc., The startups are:[link] Avocado Payments, Budgit Inc., Exagens Corp., Fintel Labs, iGTB, JUDI.AI, KapitalWise, OpenDoor Securities, and Operant.AI

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iZettle CEO: Why PayPal’s Fast-Tracking Innovation To Future-Proof SMBs

PYMNTS

Although immensely disruptive and, in many cases, devastating to small- to medium-sized businesses ( SMBs ), the pandemic has revealed just how resilient the SMB community really is. Jacob de Geer , co-founder and CEO of iZettle , now a PayPal business, told Karen Webster about the strategy of some of those innovations.

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Facebook Deals With Rising Expenses As Regulatory Pressure Increases

PYMNTS

Facebook reported a 51 percent spike in its costs and expenses for the full year 2019 — that increase coming as the social media platform faces more questions from regulators and policymakers about its present and planned endeavors. billion — but declined 16 percent for the full year 2019, decreasing to $18.48 percent.

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St. Louis Colleagues Rank Perficient a Top Workplace in 2020

Perficient

Louis colleagues celebrated the Stanley Cup win in 2019. Colleagues now engage in philathropic and social activites through technology like video calls, Microsoft Teams , and social media. See open jobs or join our community for career tips, job openings, company updates, and more!

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Lost Pet Posters Get An Upgrade For The Digital Age

PYMNTS

And the idea is to take advantage of the ongoing rise of mobile commerce and social media to create, in essence, digital communities centered around pets — and not just ones that spark to life when little Fido goes missing, or plots an escape from a dog park or a particular section of the beach in the summer.

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Facebook's Libra Hires HSBC Veteran As Managing Director

PYMNTS

“I am delighted to be joining Libra Networks with a mission to enhance financial innovation,” said Emmett. Libra Association, launched in June 2019, describes itself as an “independent member organization.” The group, based in Geneva, Switzerland, was founded by Facebook to launch the social media company’s entry into digital currency.

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Snapchat User Growth Slows In Q2

PYMNTS

The popular social media app saw a revenue increase of 17 percent to $454 million in the second quarter, as opposed to last year. The adjusted EBITDA was $96 million for the second quarter, according to the release, up from $79 million in 2019.