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Diebold and Samsung To Show Off ATM Withdrawals Via Facial Recognition

PYMNTS

Diebold Nixdorf , the connected commerce technology company and Samsung SDS America announced they are teaming up to show how integrating advanced mobile technology — such as facial recognition — and the self-service channel can result in enhanced security and an improved consumer experience.

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UK Fintech Startup Vauban Wins Canada Fintech Forum “Million Dollar Startup” Pitch Competition

Fintech Labs Insights

In addition to the 10 Canadian companies, 6 were from the United States (including 2 of the final 6), but none were from Silicon Valley (4 NYC, 2 Austin). Digitizing Family offices management for private banks. Austin, TX. Austin, TX. Automating and streamlining data security. Digital banking app.

Fintech 15
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UK Fintech Startup Vauban Wins Canada Fintech Forum “Million Dollar Startup” Pitch Competition

Fintech Labs Insights

In addition to the 10 Canadian companies, 6 were from the United States (including 2 of the final 6), but none were from Silicon Valley (4 NYC, 2 Austin). Digitizing Family offices management for private banks. Austin, TX. Austin, TX. Automating and streamlining data security. Digital banking app.

Fintech 15
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Location Detection: Building The Bank Business Case For Better Geolocation Data

PYMNTS

PYMNTS has found that 55 percent of millennials say they would switch to an FI that uses geodata to enhance the security of users’ accounts. That number is even higher for those individuals who earn higher wages – and taken together, higher earners and younger demographics are the sweet spot of banks’ customer bases.

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GonzoBanker Awards 2017

Gonzobanker

Goes to new speculative and gutsy startup ventures in the credit union industry that include CUNA Mutual Vantage Analytics, the Constellation Digital Banking venture started out of Coastal Credit Union and the CU Ledger consortia now being led by former MasterCard executive John Ainsworth. Award : Amazon’s acquisition of Whole Foods.

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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

million to its digital banking platform. Startup digital bank. Blockchain technology for securities. Mobile banking app developer for financial institutions. HQ: Austin, Texas. Charity Bank. Digital bank serving non-profits. RealtyMogul took in another $18.4 Mambu attracted $8.7

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Top U.S. Digital Banks for Small Businesses

Fintech Labs Insights

The first pure-play digital bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. But unlike ecommerce, digital-only banking was slow to catch on. Under that definition, PayPal is a business “bank” as is Square and Amazon. HQ: Austin, TX. Source: CB Insights.