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Bank of America gained 418 technology patents in 2019

Bank Innovation

Bank of America obtained more patents last year than any other year in the history of the company. “Patents are not always about excluding others from using [the technology]; oftentimes, patents are […]. In 2019, company obtained 418 patents, a 31% increase over the prior year.

America 369
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U.S. Bank Chief Innovation Officer Dominic Venturo Talks Digital Strategy

Bank Innovation

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.

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Point-of-sale financing an untapped opportunity for banks

Bank Innovation

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.

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Wirecard sets its sights on global expansion

Bank Innovation

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
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Mike Mayo keeps the hoodie on as banks turn to tech

Bank Innovation

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
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For 2020, Jack Henry is betting on human-digital delivery for banking

Bank Innovation

Jack Henry, the banking technology provider that specializes in community and regional banks, is expecting banks to increase their human-digital approaches in 2020.

Community 243
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Finovate Fall 2016 Live Blog – Day 1

William Mills

Their technology is basically a card with a built in computer that lets the holder to change a credit card to a different type of credit card, or perhaps even a debit card. Perhaps there is a big bank in Canada that has embraced their technology. Silver Fusion Retail Outlet: Where Snowbirds Shop”. Product Launch: September 2013.

Mobile 40