Bank Innovation

FEBRUARY 9, 2020

Bank of America obtained more patents last year than any other year in the history of the company. In 2019, company obtained 418 patents, a 31% increase over the prior year. According to the bank, patents protect the bank’s tech investments.

America 369

America Technology Company Innovation Strategies 369

Bank Innovation

APRIL 15, 2020

Bank of America customers are shifting toward digital tools. Paul Donofrio, Bank of America’s chief financial officer, said in a statement that despite the […].

America 293

America Tools Data Payments 293

Bank Innovation

SEPTEMBER 28, 2018

One of the largest retail banks in America has a simple yet multifaceted innovation strategy. Bank Innovation spoke with U.S Bank Executive Vice President, Chief Innovation Officer, Dominic Venturo, on which direction the bank is headed, digitally. Bank Innovation: Last quarter we reported that U.S.

Digital Strategies 150

Digital Strategies Innovation Strategy Innovation Strategies 150

Bank Innovation

NOVEMBER 14, 2019

The report, titled 5 Big Bets in Retail Payments in North America, examined how banks risk losing payments revenue to technology startups and other non-bank competitors. Banks need to embrace new customer acquisition models or risk falling behind, a recent Accenture report argued.

America 199

America Retail Payments Report 199

Bank Innovation

OCTOBER 10, 2019

Wirecard is taking aim at Asia and the Americas. The German financial services provider is advancing these plans through new product offerings, including cashierless checkout technology for retailers, a payments app for U.S. brands and retailers, and efforts to support China UnionPay‘s expansion to new markets.

America 150

America Retail Branding Groups 150

Bank Innovation

JANUARY 2, 2020

Bank of America Corp. Wall Street’s focus on Silicon Valley has helped lift shares of Citigroup Inc., and JPMorgan Chase & Co. to new highs and is likely to keep fueling gains for the biggest bank stocks, according to analyst Mike Mayo. I’m living in my hoodie” as long as tech keeps boosting banks’ revenue […].

America 221

America Innovation Strategies Strategy Innovation 221

Bank Innovation

MARCH 27, 2020

The company, which provides guidance to senior management of financial institutions in the Americas, shed light on potential solutions to some of the business implications stemming from the COVID-19 outbreak in a white paper shared […].

America 259

America Management Company Innovation Strategies 259