Bank Innovation

MAY 7, 2019

The number of fintech funding deals in the first quarter this year recovered from the previous quarter's dip, but it's still not near the record highs seen in 2018, according to a CB Insights report. During the first quarter, there were 445 fintech funding deals amounting to $6.3

Fintech 170

Fintech Report Data Management 170

Bank Innovation

MARCH 20, 2019

It’s time to move beyond merely presenting data and toward helping customers take informed action on their finances with that data, according to Jonas Karles, co-founder and COO of Minna Technologies, a PFM provider for subscription and recurring payment management. We've done the pie chart thing,” he told Bank Innovation. “We

Management 267

Management Innovation Data Technology 267

PYMNTS

JUNE 30, 2020

The Bank for International Settlements ( BIS ) Innovation Hub is planning on adding four new locations in Europe and North America, according to a press release. The Innovation Hub was launched in 2019 as a way for central banks to collaborate on various innovative solutions to problems, PYMNTS reported.

Innovation 148

Innovation Cyber Security New York Survey 148

Bank Innovation

FEBRUARY 19, 2019

The 12 startups demoing to try to win the “best in show” award at Bank Innovation Ignite have been unveiled. Six of the startups come from INV Fintech, this website’s sister […]. The startups are:[link] Avocado Payments, Budgit Inc., Community Capital Technologies, Denizen Financial, Diro Inc., Exagens Corp.,

Innovation 240

Innovation Community Capital Fintech 240

Bank Innovation

JANUARY 22, 2019

IBM, one of the world’s largest technology companies, has agreed to sponsor Bank Innovation Ignite, which explores new ideas and technologies needed to push banking forward. Bank Innovation Ignite, March 11-12 in Seattle, offers high-level discussions and networking around the future of what’s next in banking.

Innovation 170

Innovation Seattle Fintech Technology 170

Gonzobanker

DECEMBER 20, 2019

GonzoBankers, 2019 was a year of extremes. There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. Third, read and enjoy the 2019 edition of the GonzoBanker Awards, our 18 th. billion of assets under management. annual list.

Idaho 148

Idaho Conference Data Marketing 148

Bank Innovation

JANUARY 24, 2019

INV Fintech, the technology accelerator run in partnership with Fiserv, has opened its Demo Day event to financial institution executives attending Bank Innovation Ignite. Previously, only INV Fintech members were permitted to attend Demo Day on March 11 in Seattle.

Innovation 150

Innovation Seattle Fintech US 150

PYMNTS

JANUARY 27, 2021

The banking industry faces many day-to-day business challenges, including competition with digitally native FinTechs and the ubiquitous social distancing restrictions brought on by the pandemic. One study found that the use of malicious botnets to register false accounts increased by more than 70 percent in Q3 2019, for example.

Security 213

Security Innovation Fraud Study 213

PYMNTS

JANUARY 28, 2020

Credit unions (CUs) face stiff competition from banks, FinTech firms and other players in the financial industry, but they have several intrinsic advantages. trillion in 2019. million in 2019. CUs Stick Together To Compete With Banks, FinTech Firms. Total CU assets increased 7.4 percent year over year from $884.7

Innovation 155

Innovation St. Louis Fraud United States 155

Insights on Business

JULY 17, 2019

Our goal has always been to provide our customers with the tools and insights that help them meet their governance, risk and compliance (GRC) needs, and we do so, by leveraging the innovation of IBM within a single ecosystem. Source: Gartner, Magic Quadrant for IT Risk Management, Khushbu Pratap, Brian Reed, 03 July 2019.

Risk Management 110

Risk Management Management Report Compliance 110

Insights on Business

OCTOBER 23, 2019

IBM OpenPages with Watson has been named one of the 2019 Gartner Peer Insights Customers’ Choice for Integrated Risk Management Solutions. Their contribution in our “innovating in the open” approach is part of the reason we received this honor. as discussed in my previous blog. What is OpenPages with Watson.

Risk Management 125

Risk Management Compliance Management Policies 125

PYMNTS

MARCH 25, 2020

Branchless bank and FinTech Green Dot has reported that Dan Henry will step in as its new president and CEO, and will also join the board of directors. Dan is a highly regarded leader and accomplished executive with operational expertise and over two decades of deep experience in the FinTech space. million.

Fintech 139

Fintech Operations Innovation Company 139

Bank Innovation

FEBRUARY 5, 2019

Time is running out to apply for Bank Innovation’s DEMOvation Challenge, in which fintech startups demo before a crowd of conference attendees in hopes of earning their vote and walking away with prizes. The application deadline is Friday, February 8. Apply here.

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Conference Fintech social media Operations 170

PYMNTS

JANUARY 8, 2020

And one question worth posing is: What will happen to FinTech ? Specifically, what will happen to London’s standing as a FinTech hub? The data for all of 2019 may not be in yet as of this writing, but by all accounts – and no matter where you look – it was a banner year for London. Follow the Firms (and the Money). Just kidding.

Fintech 145

Fintech San Francisco Course New York 145

PYMNTS

OCTOBER 22, 2020

The panel included: Doug Bergeron , managing partner at Hudson Executive Capital ; Ian Drysdale , executive in residence at Great Hill Partners ; Amit Jhawar , venture partner at Accel and Rick Roberts , analyst and portfolio manager at Vulcan Capital. That dwarves the 2019 tally of 59 deals for gross proceeds of $13.6

Fintech 169

Fintech Capital Innovation Data 169

Bank Innovation

MAY 15, 2019

It is this revolution that has led us to present Bank Innovation Build, our newest conference, on Nov. There is a revolution going on inside banking. And that’s not just a cheap cliche. Allow me to explain: A few days ago, Dana Maor, a senior partner at McKinsey, wrote that the consultancy believes “that […].

Innovation 170

Innovation Conference US social media 170

PYMNTS

NOVEMBER 12, 2019

Innovation in the accounts payable (AP) space continues to expand, with FinTechs looking to capture their piece of a growing market driven by businesses’ desire to digitize their operations. Below, PYMNTS rounds up the latest examples of how AP innovators pull suppliers’ accounts receivable processes into the fold.

Innovation 124

Innovation Digital Strategies Payments Tools 124

PYMNTS

DECEMBER 2, 2019

Singtel Innov8, TMI (Telkomsel Indonesia), Cathay Innovation, Kejora-InterVest, Mirae Asset Securities, Reinventure and DST Partners also participated in the “oversubscribed” funding round — one of the largest for a FinTech startup in Southeast Asia.

Lending 131

Lending Fintech Risk Management Management 131

PYMNTS

AUGUST 15, 2019

The World Bank also noted that it is expensive to send money across borders, with the average fee for transferring $200 at 7 percent in Q1 2019. Thailand-based Kasikornbank (KBank) recently took steps to address these and other common pain points in the country’s financial services sector by forging partnerships with FinTechs.

Fintech 122

Fintech Innovation social media Regional 122

Bank Innovation

FEBRUARY 8, 2019

Insurance management software provider CoverWallet was the biggest source of growth for Zurich Insurance Group's SME business in Spain last year. As a result of this success, Mario Greco, CEO of the Swiss insurance company noted that the CoverWallet service will be expanded to its customers in Switzerland in 2019.

Fintech 210

Fintech Software Groups Management 210

CFPB Monitor

MAY 24, 2019

Among such issues discussed in the Spring 2019 report , which generally reflects bank data as of December 31, 2018, are risks arising from financial innovation and new technologies. It also advises bank management that they should be prepared to explain and defend underwriting and modeling decisions.

Innovation 68

Innovation Report Compliance Risk Management 68

PYMNTS

MARCH 6, 2018

s exit from the bloc next year, the EU’s executive is set to propose a draft law aimed at boosting the FinTech market throughout the region. According to news from Reuters , a document by the European Commission revealed that the law would enable the FinTech sector to grow through crowdfunding and common blockchain technology standards. “An

Fintech 136

Fintech blockchain Maine Guidelines 136

PYMNTS

APRIL 13, 2020

Payments FinTech WEX is introducing a new corporate payment solutions team as it moves to reorganize its business, the company said in a statement on Monday (April 13). WEX launched in 1983 as a fleet card provider and now operates as a FinTech payments provider in more than 10 countries and over 20 currencies.

Payments 239

Payments Portland Strategy Innovation 239

PYMNTS

DECEMBER 28, 2018

That means that on the brink of 2019, it remains uncertain whether the next year will look more like the best of times or the worst of times when it comes to providing consumers and small businesses (SMBs) with access to financial services — both in and outside the traditional bank-backed channels. The Two Faces Of Consumer Credit.

Millennials 145

Millennials Lending System Data 145

FICO

APRIL 28, 2020

The winners of the 2019 FICO® Decisions Awards can now be formally announced. The 2019 FICO Decisions Award winners have demonstrated what is possible with a clear business objective, innovative use of technology and a great partnership. Decision Management Innovation. AI, Machine Learning and Optimization.

Analytics 52

Analytics Fraud Management Innovation 52

Gonzobanker

FEBRUARY 26, 2019

Luckily for the banks, there are many more of the latter than the former.” – Bank Innovation. Recent fintech deals across digital, lending, payments and infrastructure are telling a big story. So here’s the follow-the-money skinny on recent fintech deals—and what it says about what’s likely to come next. Money talks.

Fintech 104

Fintech Analytics Lending Case Study 104

Insights on Business

FEBRUARY 21, 2019

These leaders are forming new partnerships—with fintech startups, financial service providers, and platform companies like Alibaba and Tencent — and exploring emerging technologies—such as AI, blockchain, and open banking—to help them develop a new transactional digital business fabric. IBM Signs On to Sponsor Bank Innovation Ignite.

Innovation 79

Innovation Seattle blockchain Customer Experience 79

PYMNTS

JUNE 24, 2019

While banks continue to open their application programming interfaces (APIs) to third-party providers and FinTech firms, many are still in the dark when it comes to SCA. Merchant partners are also scrambling, with just 40 percent of merchants within the EU currently stating they will be ready by September 2019.

Fintech 161

Fintech Regulation Compliance Data 161

Insights on Business

FEBRUARY 10, 2019

Welcome to Think 2019 in San Francisco, CA! Download the NEW IBM Events app for Think 2019. See the full Think 2019 conference guide. 3:30 PM – 5:00 PM | Session ID: 6920A: Think 2019 Chairman’s Address: Building Smarter Businesses. View a list of blogs dedicated to insurance-specific activites at Think.

San Francisco 79

San Francisco blockchain Conference Video 79

Insights on Business

OCTOBER 23, 2019

IBM OpenPages with Watson has been named one of the 2019 Gartner Peer Insights Customers’ Choice for Integrated Risk Management Solutions. Their contribution in our “innovating in the open” approach is part of the reason we received this honor. 2019 Gartner Magic Quadrant for IT Risk Management.**.

Risk Management 70

Risk Management Compliance Management Policies 70

PYMNTS

SEPTEMBER 9, 2020

In this week's Commercial Card Innovation Tracker, PYMNTS rounds up the latest innovations that showcase how industry players are looking beyond the card itself — and toward API integrations and value-added features — to encourage corporate card use. Mastercard Streamlines Amazon Expense Management.

Cards 235

Cards CA Management Fintech 235

PYMNTS

JUNE 20, 2019

Tried-and-true credit unions (CUs) have managed to keep pace with commercial banks, FinTechs and other financial institutions. According to the new Credit Union Tracker , as of March 2019 there were an estimated 5,572 CUs in operation and in the same month 324,000 consumers joined CUs. In the study, 91.7

Innovation 100

Innovation Cards Analytics Video 100

Bank Innovation

APRIL 5, 2019

commercial banks are increasingly looking to fintechs to improve customer experience. commercial banks are considering new fintech partnerships for improving either customer experience or security, and in some cases -- both. In fact, a new Fraedom report shows that 73% of U.S.

Customer Experience 199

Customer Experience Fintech Report Retail 199

Bank Innovation

JANUARY 2, 2020

Gartner’s Digital IQ Index for 2019 surveyed 80 banking and financial brands, including national banks, regional banks, online banks and fintech startups. It examined 1,200 data […].

Regional 273

Regional Study Survey National 273

PYMNTS

NOVEMBER 15, 2019

Documents seen by the FT show Tiger Global Management is nearing the closure of $11 billion in hedge funds (with plans to raise about $3.75 More of the prime growth happens in the private years,” said Michael Larsen, managing director of Cambridge Associates, in an interview with the FT. Freshworks.

Fintech 101

Fintech Capital Software Management 101

PYMNTS

MARCH 12, 2019

and Europe is a natural progression from the surge in FinTech solutions offered to consumers, small businesses and enterprises. have plans to acquire a FinTech in the next 12 months as they pursue heightened digital transformation. For proponents of open banking , the regulatory initiative seen in the U.K.

Data 184

Data Fintech Strategy Regulation 184

PYMNTS

APRIL 23, 2020

Lloyds will look to both of these providers to help it create digital banking tools for its customers that will allow it to compete with the rising number of online-only FinTechs and challenger banks grasping at established FIs’ market share in the United Kingdom. The acquisition was finalized in July 2019 for $34 billion.

Digital Banking 262

Digital Banking Security Innovation Google 262