Bank Innovation

MARCH 30, 2018

But just how many operational leaders at banks think their institution’s survival depends on it? That would be 79% of operations leaders in North America banks, according to a recent report by Accenture. Banks need to update their legacy systems and modernize their technology, no surprise there. That’s four out of five banks.

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Technology Innovation America Operations 236

BankInovation

JULY 18, 2023

Stablecoins are driving financial services innovations in Latin America, a growing fintech market.

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Innovation America Fintech Operations 52

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.

America 118

America Regional Groups Maine 118

PYMNTS

FEBRUARY 20, 2019

Those challenges have made SMBs notoriously technology-adverse, though it may be an unfair characterization, particularly considering the influx of small business FinTech innovation in recent years. “And a lot of the innovation is coming at the early stage.”

Innovation 192

Innovation Technology Strategy Fintech 192

PYMNTS

SEPTEMBER 27, 2018

Want to understand payments innovation in Latin America ? One may indeed be a bit hungrier than before, but according to what NovoPayment CEO Anabel P é rez told Karen Webster during a recent PYMNTS interview, they can now understand one of the fundamentals of innovation in Latin America. Latin American Progress.

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Fintech Payments America Innovation 179

PYMNTS

MARCH 2, 2020

It’s really difficult, the banking ecosystem is not fast and that’s just reality,” Jim McCarthy, industry expert and former innovation head for Visa, told Karen Webster in a recent conversation. The Headwinds Creating The Innovations Gap . According to the latest edition of the Innovation Readiness report, only 22.3

Innovation 222

Innovation Data System Mobile 222

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.

America 109

America Regional Mobile Pennsylvania 109

PYMNTS

JANUARY 15, 2020

Brazil’s unicorn FinTech and payments startup EBANX is trialing a digital wallet, called Ebanx Go, with 10,000 consumers on a test basis, the company announced on Wednesday (Jan. The digital wallet offering is intended to solidify the FinTech’s reach in the Brazilian payments market.

Fintech 169

Fintech America Payments Capital 169

PYMNTS

JULY 7, 2020

While banks may be big, slow, lumbering elephants, when they operate as a herd, they can mow down a horse,” said Linville, a former CEO of global cards and consumer services at Citigroup. “I’m He said banks have a leg up on FinTech startups that might find their funding pulled back. What FinTechs And Neobanks Should Do Here.

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Fintech Innovation Software Technology 223

PYMNTS

JUNE 12, 2018

Entersekt , the push-based authentication and app security company, announced Tuesday (June 12) that it has opened a new office in Atlanta, Georgia, aimed at supporting the company’s growth and serving as the headquarters in North America. The new headquarters will be located at 7000 Central Park in Sandy Springs, GA.

America 101

America Atlanta Georgia Security 101

PYMNTS

NOVEMBER 12, 2020

Corporates must look at the entire set of processes that govern operations, whether with their own clients or suppliers and with banking partners in the middle, he said. “Quite often, we think about digitization and we use that as a proxy for simple electronification,” Kanthadai told Karen Webster in an interview.

Innovation 295

Innovation Regional Data Payments 295

PYMNTS

DECEMBER 10, 2020

North Lane Technologies and daVinci Payments said they have finished their merger, making a "high-growth, premier payment company with innovative technology and solutions," according to a Thursday (Dec. North Lane Technologies was known as Wirecard North America in the past. 10) announcement.

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Pennsylvania Illinois Payments America 231

PYMNTS

NOVEMBER 1, 2018

The ongoing struggle, supposedly existential in nature, that pits upstart, relatively young FinTech firms against arrogantly complacent banks for supremacy in this new and growing world of digital payments and commerce. So far, at least, global banks are holding up, based on their most recent reporting periods,” the article says.

Fintech 191

Fintech UX Mobile FDIC 191

PYMNTS

JANUARY 30, 2020

Banks and FinTechs continue to discover new opportunities in unlocking corporate clients’ financial data, with banks embracing data integration for their own product development initiatives, and FinTechs finding new ways to collaborate with each other. Mastercard Taps FinTech for Biz Card Boost. Bankin’ Steps Into Payments APIs.

Data 161

Data Fintech Cards Software 161

Bank Innovation

DECEMBER 8, 2017

EXCLUSIVE – Bank of America has rolled out a series of features and upgrades to its mobile banking app including a timely partnership for the holiday season with Blackhawk Network Holdings’ gift card marketplace Gift Card Mall.

America 170

America Mobile Cards Management 170

Bank Innovation

OCTOBER 15, 2018

A few months ago, Dean Athanasia, president of consumer & small business at Bank of America, said his goal for the bank was to drive sales from digital channels up to 50% over the next 18 months. However, the bank has not made significant progress towards that goal yet. According to its 3Q earnings for […].

America 150

America Mobile Operations Online 150

Insights on Business

FEBRUARY 21, 2019

Digitally transforming operations, operating models and technologies to compete in a changing industry structure. At the networking session and the IBM booth, attendees can network with innovation experts, ask direct questions, and see demos of innovative financial services solutions.

Innovation 79

Innovation Seattle blockchain Customer Experience 79

PYMNTS

OCTOBER 23, 2020

daVinci Payments will merge with North Lane Technologies for the formation of a new company, operating under the umbrella of holding company Syncapay , which will be a “high growth, premier” payments company with "innovative" solutions, a press release says. North Lane Technologies was formerly known as Wirecard North America.

Payments 168

Payments America Technology Operations 168

Bank Innovation

JULY 17, 2018

Banking consumers take a middling view of today’s mobile banking applications, according to a study by Bank Innovation. In the survey conducted this month by Bank Innovation, banking consumers gave mobile banking a net promoter score of 12, which is in the bottom 25% to 50% of all NPS scores.

Innovation 210

Innovation Mobile Study Survey 210

Bank Innovation

FEBRUARY 23, 2017

wants to apply the old way of regulation to the fintech firms that are becoming the new norm for financial services. Fintech has started to permeate the [global] economy in one way or another—fintech Read More. With an anticipated wave of de-regulation, neither the U.S. nor the U.K. Could regtech be the solution?

Fintech 268

Fintech Regulation Operations America 268

PYMNTS

NOVEMBER 4, 2019

Ebury operates in 19 countries and will expand in Latin America and Asia with Santander’s investment. Ebury was the first FinTech to go live in 2018 with SWIFT’s global payments innovation. The deal is expected to value Ebury at around £700 million.

Fintech 102

Fintech Capital America Payments 102

Bank Innovation

OCTOBER 23, 2018

Bank of America’s virtual assistant Erica is a perfect example of how the bank is using “AI to make (BofA) better and make it better at scale,” according to Cathy Bessant, chief operations and technology officer at the bank.

America 150

America Conference Operations Examples 150

Bank Innovation

MARCH 21, 2016

Our last top 5 fintech rounds toured fintech’s human touch — firms working to improve the human condition through healthcare, technological interfaces, and the like. to Latin America, Read More. It’s a good time to be looking for a Series B raise, apparently.

Fintech 150

Fintech America Technology Operations 150

PYMNTS

FEBRUARY 15, 2018

The conversation around B2B payments innovation and progress cannot be held without the banks. ” That makes Latin America a prime target for payments innovation, particularly when it comes to APIs. . ” That makes Latin America a prime target for payments innovation, particularly when it comes to APIs.

America 164

America Innovation Industry Fintech 164

PYMNTS

JULY 10, 2020

Open banking comes in several flavors, yet its rise requires robust Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures, Zac Cohen , chief operating officer at identity verification firm Trulioo told Karen Webster in a recent interview. The Pandemic Is Speeding Innovation Up. Regulation Vs. Market Forces. Cohen said.

Data 272

Data Innovation Fintech Illinois 272

Bank Innovation

MAY 18, 2018

Bank of America expects to be finished rolling out its AI-driven virtual assistant Erica by mid-summer. The bank first launched Erica in March and will continue rolling out Erica through June, according to an email sent to Bank Innovation. Here is a map of the states where Erica is live. See how Erica works in […].

Video 231

Video America Innovation Operations 231

PYMNTS

DECEMBER 28, 2018

One of the biggest shifts in banking that FinTech newcomers ushered into the market is the demand among customers for advisory services. What some financial institutions have come to realize is that collaborating with FinTechs can enable them to offer cutting-edge solutions while reserving resources to invest in meeting those advisory needs.

Fintech 177

Fintech Customer Experience Tools Technology 177

PYMNTS

OCTOBER 13, 2019

The move is another move by Japan’s SoftBank Group — which is a shareholder in Uber — to integrate its business in Latin America. SoftBank also recently announced a $5 billion Innovation Fund focused on Latin America, with the goal of investing in technology companies across the region, including eCommerce, FinTech and healthcare.

United States 137

United States America Regional Innovation 137

PYMNTS

MARCH 29, 2020

Eurobits, the release states, works with banks and FinTech companies like BBVA, Santander, Sabadell and Fintonic, and the new partnership will give Tink more room to grow in Europe. million) in a funding round in January and now hopes to use that to grow in Latin America and other parts of Europe where it isn’t yet established.

America 241

America National Company Innovation 241

Bank Innovation

FEBRUARY 19, 2018

EXCLUSIVE — With government-backed initiatives and a finite business of copper export, Nathan Lustig, co-founder and managing partner at Magma Partners, saw huge potential in the Chilean fintech market. Additionally, […].

Fintech 287

Fintech Marketing Cards Management 287

Bank Innovation

APRIL 2, 2019

The bank wants to increase its representation in entry-level analysts and associates in the Americas to 50% for women, 11% for black employees and 14% for Latino employees, based on an email to employees from CEO David Solomon, President John Waldron and […].

America 170

America Fintech Operations Capital 170

Bank Innovation

MARCH 22, 2017

In North America regulation was the top concern. Regulation is still shaping banks’ strategic thinking, says a new study by The Economist Intelligence Unit. The unit surveyed 200 global banking executives to investigate the challenges retail banks face in the years to 2020.

Regulation 256

Regulation Fintech Regional America 256

PYMNTS

AUGUST 10, 2020

If America ever needed a digital estate sale — or even a garage sale, for that matter — it’s right now. We’re talking lay sellers, not savvy operators with digital storefronts. Calling itself “the selling app” Mercari is succeeding in North America as it first did in Japan by going back to basics. Plenty of those around.

US 278

US America Online Mobile 278

PYMNTS

SEPTEMBER 30, 2020

House committee this week began reviewing the idea of allowing the likes of Amazon or Facebook to receive charters to operate as banks — an idea that’s already gotten plenty of pushback from traditional financial institutions (FIs). This isn’t the OCC’s first attempt to create a special banking charter that would benefit tech firms.

Regulation 349

Regulation National System Industry 349

Bank Innovation

AUGUST 3, 2018

In fact, a new report showed that technology company IBM has five times more fintech patents than the world’s 15 largest banks combined. Many large banks describe themselves as equal parts technology firms as they are financial services companies, but then shouldn’t they have relevant patents backing that notion? Well, they don’t.

Fintech 186

Fintech Technology Report Company 186

PYMNTS

JANUARY 26, 2017

In this week’s Tech Center tracker, we take a look at how Dubai is giving FinTech hubs around the world a run for their money. The city is able to attract investors due to its low logistical and operational costs and excellent infrastructure, international outlook and liberal government policies. FinTech Hive Generates Buzz.

Fintech 100

Fintech Regional Innovation Leadership 100

PYMNTS

OCTOBER 16, 2020

Jess Turner, Mastercard’s executive vice president for North America Products and Innovation, tells PYMNTS the venture is just one part of the firm’s push to help gig workers get benefits. Mastercard has teamed with portable-benefits platform Stride to make it easier for gig workers to buy healthcare coverage. The tie-up will give U.S.

America 291

America Innovation Customer Experience Industry 291