Bank Innovation

JANUARY 17, 2018

Bank of America has more blockchain-related patents than any other firm in the U.S., According to the report, Bank of America has 43 patents while Mastercard and IBM have 27 each, followed by 14 from Fidelity. according to a new report by New York-based law firm EnvisionIP. The report counted a total of 1,045 blockchain […].

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America blockchain New York Report 342

BankInovation

JUNE 27, 2023

“There’s this concept that I see of consumer trends directly driving into how we innovate across payments as a whole,” Alexandra Johnson, head of innovation at Bank of America, said Tuesday at Fintech […]

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America Trends Innovation Payments 98

Bank Innovation

AUGUST 23, 2017

Artificial intelligence is making its way into the messy world of account receivables for those corporates processing large volumes of payments, thanks to Bank of America Merrill Lynch and fintech startup, High Radius.

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America Fintech Technology Payments 218

Payments Source

MAY 26, 2020

Latin America's rapidly expanding fintech sector may prove to be the guiding light as we look to establish a widely accessible digital financial ecosystem.

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America Fintech Payments 164

Bobsguide

FEBRUARY 20, 2019

Regulatory support in Latin America is “an amazing sign” for firms aiming to ride the wave of a booming fintech space in markets like Mexico and Brazil, according to ID Finance CEO, Boris Batine, though new entrants need to be ready to tackle new risks. “China was exciting, but.

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America Fintech Marketing 134

PYMNTS

MARCH 7, 2019

The new fund plans to invest in technology companies across Latin America, going after the same industries and sectors that SoftBank already invests in. That includes eCommerce, FinTech and healthcare, noted the report. The fund will also help existing portfolio companies to expand in Latin America.

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America Regional Fintech Technology 140

Chris Skinner

AUGUST 30, 2019

After yesterday’s article about how backward America is, in terms of payments, there’s a useful article talking about how they’re trying to rectify this.

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US Fintech America Technology 263

Bank Innovation

MAY 30, 2018

Even in fintech. It turns out nations beyond America today are increasingly generating more significant financial technology innovation, especially in artificial intelligence. Location matters. Canada is an example.

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Innovation Fintech America Financial Technology 253

PYMNTS

JUNE 16, 2020

Greensill, which provides working capital finance for customers around the world, has acquired Latin America-based lender Omni, a lender to small and medium-sized businesses (SMBs). “Together we will ensure that SMEs across Latin America have the fairest access to finance available.”

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America Capital Regional Marketing 140

PYMNTS

DECEMBER 4, 2019

Visa and banking-as-a-service platform NovoPayment are expanding their strategic partnership to advance the deployment of digital solutions in Latin America and the Caribbean, Visa said in a press release on Tuesday (Dec. Visa has also made a strategic investment in NovoPayment.

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America Regional National Fintech 132

PYMNTS

FEBRUARY 16, 2020

SoftBank will add $1 billion this year to its $5 billion Latin America Fund introduced in 2019, adding to last year’s $1.6 Its investment in Latin America this year will target eCommerce, healthcare, FinTech and other industries, as it looks at about 650 firms in the region. billion, Bloomberg reported on Friday (Feb.

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Fintech America Regional Capital 174

BankInovation

AUGUST 7, 2023

Bank of America may be joining Citi, TD, Chase and other U.S. trillion bank launched its pay by bank solution in the United Kingdom in February 2022 with British payments fintech Banked, Brad Goodall, chief […]

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America Payments Fintech 52

Bank Innovation

DECEMBER 14, 2018

Bank of America has redesigned its mobile app for the iPad. The new tablet design now mirrors the look and functionality of the BofA iPhone mobile banking app.

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America Mobile Apple Online 186

PYMNTS

OCTOBER 27, 2017

Earlier this month, NovoPayment , a digital finance and transactions firm, announced news of the launch of its Developer Hub, one of the first such platforms servicing Latin America, according to a press release. Its clients include banks, financial institutions and others throughout the Americas.

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Bank Innovation

NOVEMBER 21, 2017

EXCLUSIVE – Bank of America had five million transactions via the digital payments service Zelle in October alone, an amount 35% higher than the average 3.7 million transactions per month the bank reported in September 2017. Yesterday evening, the bank announced that it processed a total of $1.5

America 218

America Payments Report Online 218

BankInovation

FEBRUARY 14, 2022

Bank of America today launched Pay by Bank, a real-time payment option that allows customers of e-commerce companies in the U.K. trillion bank launched the solution with fintech Banked Ltd., to pay directly from their bank accounts. which provides an account-to-account payment software platform.

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America Payments Software Fintech 98

BankInovation

JUNE 16, 2021

Bank of America is using artificial intelligence (AI) to reliably predict which companies are likely to be acquired close to a year in advance — just one way the $2.2 At a North America Fintech Connect virtual conference today, Rajesh Krishnamachari, global head of data science […].

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America Conference Fintech Data 98

PYMNTS

JANUARY 26, 2020

Latin America-based AlphaCredit has signed up for a funding round to raise $125 million, led by SoftBank’s Latin America fund. AlphaCredit is a FinTech platform with a focus on consumer lending and finance solutions. It provides credit lines to individuals and has usually worked in communities without much access to banks.

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Fintech America Capital Regional 247

Bank Innovation

AUGUST 25, 2016

Bank of America, a financial institution with 3.2 million small business customers, announced today it has partnered with fintech startup Viewpost to open the wider world of fintech, specifically the modernization of payments, to small businesses.

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America Payments Fintech Online 150

Bank Innovation

DECEMBER 7, 2017

EXCLUSIVE – Bank of America seeks electronification of cash not only as way to better serve its banking customers but also as an excellent way to reduce costs: according to Bank of America CEO Brian Moynihan, this digitization of cash can save the bank billions of dollars.

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Bank Innovation

NOVEMBER 9, 2017

“It [the partnership] helps us have a conversation with our merchants about their overarching goals,” Michael Roberts, chief marketing and digital strategy officer of Bank of America Merchant Services […].

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America Digital Strategies Innovation Strategy 225

Bank Innovation

JANUARY 23, 2018

EXCLUSIVE – Bank of America Merrill Lynch has added a new feature to its Virtual Payables product, an offering which allows its commercial clients to automate post-invoice payments.

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America Payments Online Cards 220

PYMNTS

APRIL 8, 2020

When the program went live on Friday (April 3), only two FIs, Bank of America and JPMorgan Chase, had been able to begin accepting applications — Bank of America saw a whopping $6 billion worth of applications in only a few hours, ending Friday with $32.6 Small businesses overwhelmed U.S. billion in applications.

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Lending Fintech America Technology 245

PYMNTS

NOVEMBER 11, 2019

Latin America is becoming a new weak spot for Uber, showing a 2 percent growth, the lowest of any region for the ride-hailing company, Reuters reported on Monday (Nov. Increased competition in Latin America, mainly from the Chinese ride-hailing giant Didi Chuxing, is being blamed for Uber’s growth slowdown in that region.

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America Regional Groups Maine 118

CB Insights

NOVEMBER 17, 2022

Latin America has become one of the fastest-growing fintech hubs in the world in recent years. The continent’s antiquated banking system (serving mainly the affluent) and largely underbanked population have created the perfect breeding ground for fintech growth, speeding up both development and adoption of new technologies.

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America Company Maine Analysis 61

Bank Innovation

JANUARY 12, 2018

Visa is partnering with cloud-based enabler of digital financial and transactional services, NovoPayment, to bring payment solutions for Business to Business (B2B) transactions in Latin America and the Caribbean.

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America Payments Online Innovation 230

Bank Innovation

DECEMBER 11, 2018

Bank of America today announced new features to the billpay functionality of its mobile app, including allowing users to search payment history from up to two years ago. In an email this morning to its customers prompting them to download the mobile app (which the bank does on a regular basis), BofA also revealed a set […].

America 170

America Mobile Payments Capital 170

Chris Skinner

JULY 11, 2017

Global, universal banking was the mantra of the 2000s and HSBC, Citi, Bank of America, BNP Paribas, Deutsche and more were all jumping on the bandwagon. As this has happened, we have seen a counter-trend occurring, as the maturing FinTech specialists branch out to create global monoline services in platforms.

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Fintech Bitcoin Regulation Analytics 327

PYMNTS

MARCH 19, 2019

According to a Fintech Finance report, Gottschalk will be based in San Francisco and will focus on strengthening the fund via investment opportunities in the region. portfolio companies a stronger entrance into North America. It also gives the fund’s non-U.S. said Gottschalk.

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America San Francisco Fintech Capital 161

Celent Banking

SEPTEMBER 30, 2015

It is amazing how the ecosystem continues to grow and how fintech start-ups are booming. Many fintech startups that made it to the finals focus on Blockchain technology and payments. By the way, is there any fintech start-up you believe has great potential? Discover the finalists of all regions here. Share with us please!

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America Fintech Big Data Regional 100

CB Insights

MARCH 21, 2019

From 2014 to 2017, North America, China, and the UK established themselves as the heavyweights of fintech in the world. In 2018, the pendulum swung the other way, with the majority of fintech growth located on the periphery: in South America, Australia, Africa, and parts of Asia beyond China.

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America Fintech Trends New York 78

PYMNTS

MAY 30, 2018

What will it take to make Latin America more digital — in payments, commerce, FinTech or even healthcare? Cash remains king in the region, with about two-thirds of consumers in Latin America preferring that payment method over credit, according to estimates. Healthcare seems likely to play a role.

America 109

America Regional Mobile Regulation 109

Bank Innovation

JULY 16, 2018

Bank of America will invest about $75 million per quarter in technology from now through the rest of 2019, the bank reported in its earnings call today.

America 247

America Technology Innovation Report 247

PYMNTS

OCTOBER 13, 2019

The largest FinTech startup in Latin America — Brazil’s Nubank — is reporting a 25 percent increase in the number of clients since August, Reuters reported on Friday (Oct. The FinTech has expanded beyond fee-free credit cards and now offers bank accounts and associated services for both businesses and individuals.

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Fintech America Digital Banking Cards 150

Bank Innovation

OCTOBER 11, 2018

Bank of America is proud of its virtual assistant, Erica, which has 3.5 million users and 11 million transactions within three months of its launch, Michelle Moore, head of digital banking at BofA, said at the BAI Beacon conference in Orlando yesterday. But Erica still has a long way go. Customers are not comparing Erica to […].

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America Conference Digital Banking Online 170

PYMNTS

MARCH 20, 2020

Banking technology FinTech Finastra was hit with a security breach on Friday (March 20), and was forced to shutter key systems and send employees home, according to a report by KrebsonSecurity. Two sources forwarded internal notices about the outage.

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PYMNTS

OCTOBER 23, 2018

Bank of America Merrill Lynch (BofA Merrill) is introducing a new solution for other financial institutions (FIs) in the interbank payment system to automate foreign exchange (FX) conversion.

America 190

America Regional Analytics Compliance 190