Bank Innovation

JULY 28, 2016

Bank of America last Tuesday introduced version 7.0.0 Bank of America is believed to be one of the few financial institutions to offer consumers unfettered access to their credit Read More. of its iPhone mobile app, and it was noteworthy largely because of one new feature: it gives consumers access to their credit scores.

America 150

America Mobile Cards Lending 150

Bank Innovation

JULY 8, 2019

At Bank of America’s auto division, preserving a personal touch is key to engaging with both consumers, according to Duane Freeman, the bank’s senior vice president of consumer vehicle lending and national sales executive. “In

Lending 186

Lending National Operations America 186

PYMNTS

JULY 29, 2019

With their joint venture set to end next year, First Data (now Fiserv) and Bank of America said on Monday (July 29) that they will pursue independent merchant services strategies starting in June 2020.

Data 176

Data America Strategy ATM 176

Bank Innovation

MARCH 28, 2016

Joan Kuehl, who is the online lender’s first CIO, has extensive experience, having worked at Travelers and Bank of America — so it deserves notice when her first pronouncements Read More. Elevate Credit Inc., which is pining to get to an IPO, today announced that it hired a new chief information officer.

Big Data 150

Big Data Online Lending Data 150

Abrigo

MARCH 24, 2021

Nevertheless, many financial institution executives have taken – and are taking – steps that will help address their top concerns related to lending and profitability. Technology sets up future lending success. Pandemic-Induced Transformations. For us, these are sizable, meaningful relationships.” Optimize Technology.

Lending 221

Lending Technology Survey Examples 221

PYMNTS

SEPTEMBER 28, 2020

has completed its Chapter 11 bankruptcy protection process and emerged from one of the highest-profile retail collapses since COVID-19 began, the Dallas-based company disclosed. We emerge from Chapter 11 as a stronger, more innovative retailer, brand partner and employer.”. Neiman Marcus Holding Company Inc.

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San Francisco New York City Houston Dallas 139

Bank Innovation

FEBRUARY 26, 2019

Consulting giant Accenture and cloud banking firm nCino are expanding the scope of their partnership beyond North America to get more financial institutions in the Asia-Pacific and EMEA markets up and running in the cloud.

America 199

America Innovation Marketing Management 199

PYMNTS

MARCH 11, 2016

Latin America is a land of opportunity, but it also presents challenges that demand an on-the-ground understanding of commerce and transacting within the various countries and cultures that it comprises. Another key factor is that over 60 percent of eCommerce in Latin America is done via installments. “If

America 100

America Payments Fraud Case Study 100

Celent Banking

SEPTEMBER 30, 2015

In Latin America two chilean start-ups were the winners: Destacame.cl , aiming to financial inclusion by creating a credit scoring based on utility payments; and Bitnexo which enables fast, easy and low cost transfers between Asia and Latin America, using Bitcoin. Discover the finalists of all regions here.

America 100

America Fintech Big Data Regional 100

PYMNTS

NOVEMBER 22, 2019

The funding round is significant because its one of SoftBank’s bigger investments with its Innovation Fund, which is targeted specifically to Latin American companies. The fund has also invested in delivery company Rappi, lending outfit Creditas and tech company QuintoAndar. VTEX offers both, filling a gap in the market.

Software 108

Software America Regional Tools 108

South State Correspondent

JANUARY 4, 2023

Mostly, this means getting innovative with deposit and payment products. Lending Focus – Interest Rate Sensitivity and Credit Accuracy. If you look back over any recession, it is the two years prior when banks make 80% of their lending mistakes. Many banks, for example, are still hyper-competitive in multifamily lending.

Community Bank 195

Community Bank Capital Lending Training 195

South State Correspondent

APRIL 12, 2022

America is facing challenges at every turn: “a pandemic, unprecedented government actions, a strong recovery after a sharp, deep global recession, a highly polarized U.S. The bank aims to be a responsible citizen at the local level in every community where it lends and takes deposits. 2) Leadership Matters. 5) Pandemic Changes.

Community 195

Community Community Bank Leadership Lending 195

PYMNTS

MAY 8, 2020

The crisis is hardly over, but post-pandemic reality is setting in for Main Street retail. The prevailing sentiment, as the crisis heads into its third month, is that more innovative government programs will be necessary to provide any meaningful relief. Most small businesses don’t have a lending relationship with a bank.

Maine 142

Maine Groups San Francisco Lending 142

CB Insights

FEBRUARY 13, 2020

As a result of its product innovation efforts, Stripe has seen explosive growth in product adoption and valuation. A decade of online payments innovation. Business lending and corporate cards. A decade of online payments innovation. TABLE OF CONTENTS. PayPal and Square emerge as leaders in the payments space.

Online 98

Online Company Retail Payments 98

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

Bank Innovation

APRIL 8, 2020

With the launch of the Small Business Administration’s program Friday, bankers are engineering the best ways to handle the customer service inquiries flooding banks’ digital channels. “We dove headfirst into this,” said Becky Buhr, vice president of finance and retail […].

Retail 370

Retail Customer Experience Innovation Strategies America 370

FICO

NOVEMBER 21, 2022

FICO awarded first place in six categories on risk and compliance technology in the 2023 Chartis RiskTech100 ® Report, including Innovation for the sixth year in a row. We brought home a total of six wins, most impressively winning Innovation for the sixth consecutive year: Innovation. Retail Credit Analytics.

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Report Risk Management Compliance Analytics 52

Bank Innovation

MAY 2, 2018

In the first quarter alone, Bank of America and SunTrust Banks both unveiled their digital mortgage platforms, with SunTrust being the most recent. “If Digital mortgages will be a major trend for banks in 2018. If you look at the housing industry, it has always been a slow adopter of change back to the days of Frannie […].

America 231

America Trends Industry Online 231

Bobsguide

AUGUST 30, 2022

Fusion Mortgagebot is Finastra’s end-to-end cloud-based lending platform that maximizes operational efficiency and mortgage opportunities for lenders. The FormFree integration is available now for Fusion Originate Mortgagebot and Fusion MortgagebotLOS users in the Americas. For more information on Fusion Mortgagebot, click here.

Lending 74

Lending Fintech US Data 74

Fintech Labs Insights

APRIL 12, 2024

The last one, published in Jan 2014, featured 50 innovations (see below). Note: These are the rankings from 10 years ago. I will update with milestones from 2014 to today and publish next month. I’m taking suggestions here (so far: crypto, BNPL, earned-wage access, chatbots, deposit networks).

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

JUNE 13, 2018

He will report to Barry Rodrigues, CEO of cards and payments, and Richard Haworth, CEO of the Americas business. Shane is a talented and innovative professional who is positioned well to lead cards and payments U.S. customers with innovative card, digital banking and payments solutions.

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Capital Cards Delaware Payments 100

Abrigo

APRIL 28, 2016

To be American is to have the freedom to innovate, take risks, create, transform and put in the hard work that has led to the successes – and failures – that define human progress. America is one of the few countries that gives entrepreneurs a seat at the President’s cabinet table. From May 1-6, the U.S.

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Celent Banking

APRIL 7, 2017

Undoubtedly, the highlight was attending Celent's Innovation and Insight Day on April 4th, where we celebrated achievements of the Model Bank and Model Insurer award winners. Bank of America, USA. Lending Product. Consumer Banking Channel Innovation. Product Innovation. Banco Original, Brazil. Risk Management.

Case Study 189

Case Study Boston Risk Management Study 189

Gonzobanker

DECEMBER 19, 2022

Senators Dick Durbin (D-IL) and Roger Marshall (R-KS) with a rare bi-partisan move showing that pinch-your-banker-and-hug-your-merchant is apparently as wholesome America as apple pie. SoFI gets a commercial bank that brings deposits, compliance, AND business lending. She was a trailblazer and an early innovator in analytics.

Community 216

Community Fintech Industry Innovation 216

Bank Innovation

MAY 29, 2018

Here are some of the important trends that Bank Innovation pulled out of the fintech chatter […]. A lot happened in the digital banking world this month, from major events in the payments worlds like PayPal acquiring iZettle for $2.2 billion only days before its IPO to major regulations such as GDPR going live last week.

Trends 246

Trends Fintech Innovation Digital Banking 246

PYMNTS

DECEMBER 17, 2019

That test is playing out in Brazil, the largest country in South America, and one of the largest emerging economies in the world. That has limited credit, and led to a rise of what he called retail brokers, some 90 of whom help businesses in Brazil navigate that tight credit landscape. FinTech Sandbox. FinTech Prognosis.

Fintech 136

Fintech blockchain Trends America 136

PYMNTS

FEBRUARY 19, 2020

Kivanc Onan, head of B2B North America Financial Products for Alibaba , explained how features like lending services can help sellers get paid up front, while delivery guarantees that buyers feel more comfortable. About The Report.

Mobile 197

Mobile Online Payments Tools 197

Bank Innovation

JANUARY 13, 2017

You might as well call them e-Bank of America and Wells Fargo Digital Bank. Both BofA and Wells, the No. 3 ranked banks in the U.S., respectively, today for the first time released usage numbers for their digital banking operations, and they are eyepopping. BofA got 112 Read More.

America 150

America Digital Banking Operations Marketing 150

PYMNTS

MAY 3, 2019

The possible IPO of the Vision Fund will take place after the vehicle is fully invested, and might result in a creation of a publicly-listed company similar to Berkshire Hathaway (and of course accessible to retail investors, now able to ostensibly act as venture capital investors) with a decidedly tech company focus. SoftBank Activity.

America 123

America Company Course Technology 123

FICO

APRIL 27, 2021

Grupo Monge, one of the largest multinational retail companies in Central America, has used analytic decisioning to improve the way it evaluates and grants credit to its customers, especially those previously excluded from being able to access loans. Loans That Improve Lives. by Nikhil Behl.

Analytics 52

Analytics Analysis Management Risk Management 52

Bank Innovation

FEBRUARY 14, 2019

Banks will continue to spend just as much, if not more, on technology this year,” he told Bank Innovation. […].

Omaha 186

Omaha Technology National Innovation 186

Bank Innovation

OCTOBER 29, 2018

During these calls, most of these FIs talked about technology and innovation in some form or another. Earnings season is almost over, and in the last two weeks most of the big banks and many other FIs had their quarterly earnings calls. While some like Capital One, whose's CEO Richard Fairbank remained vague about what's […].

Trends 150

Trends Innovation Capital Technology 150

FICO

APRIL 28, 2020

The 2019 FICO Decisions Award winners have demonstrated what is possible with a clear business objective, innovative use of technology and a great partnership. Our winners have innovated in lending, supply chain optimization, customer management, debt collection, fraud and financial inclusion. Decision Management Innovation.

Analytics 52

Analytics Fraud Management Innovation 52

Bank Innovation

MAY 9, 2016

We can all agree Credit Karma, Chase Mobile, Bank of America, Wells Fargo, and PayPal aren’t leaving the Top Ten on App Annie anytime soon. But ratings and rankings aren’t everything — there’s also the cool factor. How easy is the app to use? Does it makes us feel good (even Read More.

America 150

America Mobile US social media 150

Gonzobanker

DECEMBER 22, 2020

Financial institutions went from having no PPP lending program at all to funding their first loan in 90 days – and this with literally last-minute regulatory guidance. Yet, we simply must celebrate Jill’s amazing energy, passion and tenacity when it comes to America’s community financial institutions.

Idaho 170

Idaho Community Industry Strategy 170

PYMNTS

APRIL 17, 2020

Open banking regulations across Europe kicked open the door for a wave of FinTech competition, with consumer-facing personal finance management (PFM) right in the crosshairs of innovators’ efforts. Optimizing Business Lending. “People were not believing in open banking so much as a big evolution. .

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Innovation Data Fintech Lending 208

PYMNTS

JULY 14, 2017

Within global consumer banking and according to supplemental materials filed by the bank with additional insight into divisions, Citi said that credit cards in North America saw $130 million in revenue, up eight percent year over year, while total cards business for the firm as a whole stood at $4.7 billion, up seven percent from a year ago.

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Cards America Marketing Branding 109