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Student loan advice platform Payitoff wins 2020 Ignite demo contest

Bank Innovation

Payitoff, a white-label platform that provides automated guidance on student loan repayment, won the 2020 Bank Innovation Ignite DEMOvation contest. With the win, Payitoff has been awarded an advertising package on Bank Innovation worth $10,000. Rodrigo Suarez, principal of INV Fintech, moderated the startup pitch competition.

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Big tech Is coming for banking: Experts predict fintech’s 2020

Bank Innovation

Financial technology startups will enter the next decade with a little more street cred than the last time around. Nearly 60 upstarts focusing on financial services — from Stripe Inc. to Chime Inc. to Plaid Inc. — have garnered valuations of more than $1 billion in recent years, according to CB Insights.

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Weekly Wrap: Banner week for fintech acquisitions

Bank Innovation

Welcome to the latest episode of our Weekly Wrap series, for the week ending Friday, Feb.

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Charles Potts: ICBA’s legacy of success

Independent Banker

To build on these successes, ICBA announced plans to bring the ThinkTECH Accelerator program in-house with a new, dedicated office based in the innovation hub of Atlanta. Here are just a few of the program’s successes since its inception: The ICBA ThinkTECH Accelerator was named Finovate’s 2020 Best Fintech Accelerator.

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What Legacy FIs Miss About The Need For Cloud-Based Infrastructure

PYMNTS

The Tracker also analyzes the challenges established FIs are facing to innovate their platforms and why these banks must fundamentally shift their innovation strategies to meet these challenges. Investment and asset management firm Blackrock is also looking to use cloud technologies to enhance its platform.

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Weekly Wrap: Robo-advisors react to the stock market plummet, and Amazon makes a move

Bank Innovation

Welcome to the latest episode of our Weekly Wrap series, for the week ending Friday, March 13, 2020.

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10 Big Bank Marketing Lessons from the ABA Bank Marketing Conference

South State Correspondent

It was agreed that too many lines of business, such as treasury management, commercial lending, and commercial deposits, are not utilizing their marketing departments enough, given the tremendous value of their products. Both ladies detailed the tremendous opportunity, potential fintech partners in this space, and the risks.