Bank Innovation

MARCH 1, 2018

million) securities lending transaction using blockchain-based software created by blockchain consortium R3. Credit Suisse Group and Dutch bank ING Groep NV today announced they successfully completed a €25 million ($30.48

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Bank Innovation

AUGUST 13, 2018

David Brydun, vice president of consumer lending, exclusively told Bank Innovation that the financial institution has partnered with Checkbook.io on a digital check issuance solution that utilizes blockchain. “A A lot of what goes on in digital lending is […]. Baxter Credit Union, based in N.J.,

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PYMNTS

DECEMBER 12, 2018

Cryptocurrency-backed lending platform Cred is opening up its technology to third-party developers, the company has announced. The Crypto-Lending-as-a-Service (CLaaS) solution enables other crypto companies — including exchanges, crypto wallets or mining services — to integrate Cred’s lending functionality into their own solutions.

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Lending blockchain cryptocurrency Bitcoin 139

PYMNTS

JANUARY 7, 2019

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. Such alternative data, said the GAO, could pose risk to such lending decisions.

Lending 150

Lending Fintech Data Wyoming 150

PYMNTS

MARCH 20, 2020

FinTechs continue to push the envelope to see how far open banking frameworks can go in improving the SMB banking experience, and increasingly, SMB lending is shifting to the center of these collaborative efforts. In the U.K., “Regulation around open banking has certainly been of great benefit to businesses in the U.K.,

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PYMNTS

OCTOBER 29, 2019

The Chinese state media advised people to stay levelheaded following a price escalation of bitcoin and blockchain stocks triggered by Chinese President Xi Jinping’s support, Reuters reported on Tuesday (Oct. Blockchain’s future is here, but we must remain rational,” he said, according to state-run news outlet the People’s Daily.

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Bitcoin blockchain cryptocurrency Lending 103

PYMNTS

MARCH 11, 2019

CULedger , a credit union, has inked a partnership with IBM to create blockchain services geared toward credit unions. According to a report in Fintech Futures , the idea behind the project is to use permission-based blockchain technology so credit unions can reach more members that don’t have access to financial services.

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blockchain Regulation Community Bank Regional 160

Bank Innovation

JUNE 14, 2019

Fintech executives sounded off on blockchain at CB Insights’ Future of Fintech conference this week. According to Henrique Dubugras, CEO and co-founder of Brex, blockchain is overhyped but cryptocurrencies are underrated. The corporate credit card startup is fresh off a $100 million funding round that has landed it a $2.6

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blockchain Fintech cryptocurrency Conference 276

Bank Innovation

FEBRUARY 18, 2016

Bank Innovation is pleased to welcome Marley Gray, Microsoft’s director of technology strategy for blockchain and financial services, to our speaker faculty. Gray will discuss corporate banking and blockchains on March 1 in Seattle with JP Jolly of Citigroup and Deva Annamalai of Fiserv.

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blockchain Seattle Strategy Innovation 199

Bank Innovation

JUNE 19, 2016

An in… Read more Wrap of Week #24: Robo-advisors, Blockchain; Insurtech and Small Business; in-store mobile payments; Marketplace lending. Sizing the UK robo-advisory market, which seems on the way to triple its size.

Lending 150

Lending blockchain Mobile Payments 150

Bank Innovation

MARCH 9, 2018

EXCLUSIVE – SME lender, BlueVine has come together with cross-border payments provider Veem in a move that is indicative of a likely trend where payments and lending companies come together. For Veem, the partnership will let the blockchain-based payments company allow its U.S.-

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blockchain Payments Lending Trends 150

Bank Innovation

APRIL 20, 2018

and the National Bank of Canada (NBC) announced today that they tested a debt insurance simulation on a new blockchain platform. JPMorgan Chase & Co.

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National blockchain Innovation Management 316

Bank Innovation

APRIL 26, 2018

BBVA bank announced today that it has closed a $90 million corporate loan deal with their technology partner, Indra, via blockchain technology. BBVA used its own internal blockchain system, which is built on the IBM-backed […].

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blockchain System Technology cryptocurrency 207

Insights on Business

OCTOBER 3, 2018

IBM RegTech Innovations. Advances in artificial intelligence (AI), blockchain, and cybersecurity are poised to transform the financial services industries. New hybrid cloud platforms will offer unprecedented scalability, agility, and security, optimized for enterprise AI and blockchain. Advancing financial services.

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Industry Innovation blockchain Compliance 155

PYMNTS

NOVEMBER 4, 2020

NEW DATA: Five Payments Innovations For Winning The Digital-First Shopper. Tens of millions of Americans are now going online to buy everything from groceries to retail products, but a cookie-cutter approach to digital innovation won’t ring the register. Onyx CEO On Blockchain, The JPM Coin And Simplifying Payments.

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California Payments blockchain Lending 196

Bank Innovation

NOVEMBER 28, 2016

will participate in a fireside chat at Bank Innovation 2017. Bank Innovation 2017, March 6-7 in San Jose, Calif., will feature dozens of speakers on investing in innovation, chatbots, blockchain and more. Adam Carson, managing director, global technology strategy & partnerships at JPMorgan Chase & Co.,

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San Jose Innovation blockchain Strategy 150

Bank Innovation

NOVEMBER 6, 2017

EXCLUSIVE — When it comes to blockchain, lenders need to stop thinking about smart contracts and start thinking about identity, according to industry experts. “To To get an identity verified, to get an organization to service you, it can be a lot smoother, it can be more secure, and you can be more in control of […].

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blockchain Security Industry Online 262

PYMNTS

NOVEMBER 23, 2020

Blockchain and a bank charter might do much to boost financial inclusion. While many digital-first companies springboard from payments into lending, Figure Technologies , a FinTech focused on home improvement, debt consolidation and retirement products that leverage blockchain protocols, is branching out from lending into payments.

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Bank Innovation

JUNE 3, 2019

Dominic Venturo, executive vice president and chief innovation officer at U.S. Bank, will participate in a fireside chat at Bank Innovation Build 2019, this blog’s event on best practices in banking innovation. Bank Innovation Build will take place November 6-7 at Atlanta’s W Hotel Downtown. Register here.)

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Innovation Atlanta Industry social media 170

Bank Innovation

DECEMBER 11, 2017

EXCLUSIVE- Blockchain technology and digital loans will continue to grow in 2018 as banks continue to work on their cybersecurity in the coming year, software provider Mitek predicts. It’s just logical that given the extent of recent data breaches, that we’re going to see more of the same.

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Bank Innovation

JANUARY 28, 2019

Coming off a year of high growth, enterprise blockchain startup Symbiont on Wednesday closed a $20 million Series B funding round led by Nasdaq Ventures, with participation from new investors including Galaxy Digital, Citi Ventures, and Raptor Group.

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blockchain Groups Operations Capital 170

Perficient

APRIL 20, 2023

blockchain​, digital wallets​, money center banks​, emerging payment solutions, digital lending​, economic turmoil​, and fintech disintermediation). They want to have meaningful relationships with technology partners who will bring innovative ideas and proven experience to the table.

Marketing 294

Marketing Marketing Strategies social media Strategy 294

PYMNTS

MAY 2, 2018

Blockchain applications may still be a ways away from real-world proliferation, but the technology is certainly beginning to take steps from proof-of-concept phase into beta and pilot testing. This week’s Blockchain Tracker takes a look at some of the latest initiatives to make progress and inch closer to a real-world launch.

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Bank Innovation

FEBRUARY 22, 2017

Innovation groups are a relatively recent, but an increasingly important, addition to traditional bank structures. Whatever the approach is, Read More.

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Bank Innovation

MARCH 9, 2017

Nova competed alongside seven other startups tackling the underbanked in Africa, overdrafts, commercial real estate lending, finance for freelancers, compliance, and blockchain-based lending. Nova Credit took top honors at the PitchIt 2017 competition on Tuesday, a global fintech faceoff sponsored by LendIt and 500 Startups.

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Lending Compliance blockchain Fintech 305

PYMNTS

SEPTEMBER 19, 2017

The biggest opportunities exist in transaction banking and commercial lending, Finastra said, but there is also a real opportunity in working with FinTechs (and the tech they offer) to help banks land a larger slice of the combined $915 billion in revenues FIs are expected to see at the end of the decade.

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Perficient

JANUARY 16, 2023

This can include offering lending services or creating embedded bank accounts for other businesses or consumers. Embedded Finance and Blockchain . You may be wondering if embedded finance conflicts with distributed ledger technologies such as blockchain. Conclusion .

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blockchain Software Customer Experience Strategy 275

Bank Innovation

OCTOBER 24, 2017

EXCLUSIVE— If financial institutions are going to begin fully utilizing blockchain or distributed ledger technology, they’re going to have to pay much more attention to the use case at hand rather than the underlying technology, R3 said.

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PYMNTS

JANUARY 29, 2018

The financial services market has progressed by leaps and bounds in terms of innovation, from the rise of alternative finance to the development of technologies like blockchain and open banking initiatives. author of the report and Florida Atlantic University’s Kaye Family Endowed Professor in Finance.

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Bank Innovation

MAY 24, 2017

Many (if not all) major lenders and OEMs are exploring blockchain applications in the auto and auto finance industries. Toyota Research Institute announced a partnership with four blockchain startups during the Consensus 2017 conference, following the launch of a blockchain consortium the OEM announced yesterday. Bookmark.

blockchain 150

blockchain Mobile Conference Industry 150

Bank Innovation

JULY 5, 2016

The R3 CEV blockchain consortium has a new member that’s not like the others. Last week, Toyota Financial Services announced it has joined R3’s consortium to explore distributed and shared ledger tech for potential applications in auto financing. TFS is the first captive to collaborate with the more than 50 of Read More.

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PYMNTS

NOVEMBER 4, 2016

The seed of FinTech innovation often comes from a desire to do things differently. But as finance and payments tech expands, these traditional FIs are learning that perhaps the best way to meet the demands of their corporate clients isn’t to compete with FinTech innovators but to collaborate with them.

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Bank Innovation

JANUARY 30, 2019

It may take a few years for blockchain’s impact to be felt meaningfully, but it will provide some advancements in certain areas even as cryptocurrencies falter, according to JPMorgan Chase & Co.

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blockchain cryptocurrency System Payments 150

PYMNTS

APRIL 30, 2018

It’s a thought that was triggered recently after reading and reflecting on recent developments across three innovations heralded as FinTech’s poster children — disruptors out to change the world and eat the proverbial lunches of incumbents they say are too big and too unmotivated to change. Blockchain. Marketplace lending.

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PYMNTS

JULY 5, 2017

The Hive Project, a company that uses cryptocurrency and Ethereum blockchain for trade financing , has launched its platform. Every invoice is assigned a unique fingerprint, the firm said, by tokenizing each bill and linking them onto the blockchain. The sale will last six weeks, it said.

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cryptocurrency blockchain Lending Samsung 216

PYMNTS

FEBRUARY 20, 2018

As with other forms of financing, alternative lenders have stepped into this space to fill that gap left by traditional banks – and yet, the gap remains, highlighting the limitations of alternative lending’s proliferation in recent years. Alt-Fin’s Limited Impact.

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blockchain Lending Regulation Technology 100

Bank Innovation

AUGUST 22, 2017

Credit Suisse has joined forces with 19 other banks to launch a commercial platform for blockchain-based syndicated loans next year, according to reports.

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