Bank Innovation

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Stripe partners with CRM provider to aid SMB

Bank Innovation

Payments infrastructure giant Stripe has integrated with Keap, a customer relations management platform designed for small businesses, in a partnership that will likely prop up cash flow for one of the industries hit hardest by the coronavirus pandemic, according to Rajesh Bhatia, Keap’s chief technology officer. “Manual processes slow business down and we know cash […].

Industry 259
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Ant, Vanguard target 900 million users with robo adviser

Bank Innovation

Vanguard Group and Ant Financial’s joint venture is rolling out a new robo adviser to target the Chinese fintech giant’s 900 million users, a first step in winning a slice of the nation’s fast growing asset management business. The venture started offering an automated service called “Bang Ni Tou” (Help You Invest), to capture people […].

Groups 273
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Virtualize, secure and deploy high performance financial desktops at scale

Bank Innovation

When you combine a fully remote workforce with an all-digital customer base, IT complexity and systemic risk ramp dramatically. Financial institutions need to ensure devices used by remote workers are accessible and controlled by the IT department, especially for high-performance and zero-downtime desktops, including trader and financial analyst workstations.

Security 259
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Remote work heightens risk of data breach

Bank Innovation

As financial institutions transition employees to working remotely during the coronavirus pandemic, cybersecurity threats have made them more vulnerable, according to information and cybersecurity experts. “The hackers are going to have a field day with this, I believe they’re going to redouble their efforts on banks because that’s where the money is,” said Steve Hunt, […].

Data 218
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Challenger bank HMBradley sees opportunity in pandemic

Bank Innovation

Challenger bank HMBradley launched this week in the face of global uncertainty, with the backing of PayPal founder Max Levchin, and already has about 25,000 waitlisted sign-ups, according to CEO Zach Bruhnke. “We are certainly in a place where almost undoubtedly people are going to lose their jobs,” Bruhnke told Bank Innovation. “It’s never a […].

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Request for your support

Bank Innovation

Dear Reader, For 25 years, Royal Media, Bank Innovation’s publisher, has dedicated itself to serving its business communities with professionalism and integrity. Today, the coronavirus pandemic has created significantly more complexity and uncertainty in our daily lives. Still, we at Royal remain committed to guiding you through this difficult time.

Community 243
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SMB lender Kabbage furloughs employees 

Bank Innovation

Small business lender Kabbage is furloughing a significant number of its U.S. employees, according to a company spokesperson. The company also said it is closing its Bangalore office, while the executive team is taking a considerable pay cut.? Kabbage told Bank Innovation earlier this month the company had more than 500 employees. The company didn’t […].