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Blockchain Challenger Bank BABB Names Industry Veteran As CIO

PYMNTS

Blockchain-based challenger bank BABB — which stands for Bank Account-Based Blockchain — has hired a new CIO. I can only see blockchain technology as the next step in this evolution of payments and asset transfer in the future,” he said in a statement announcing his position at BABB. The company said Thursday (Jan.

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Cybersecurity, Recruiting Tech Lead B2B VC

PYMNTS

-based B2B FinTechs led the way in this week’s investment roundup, with more than $212 million in new funding falling in the hands of startups targeting a range of enterprise operations. Crowdz is developing a blockchain platform that enables B2B vendors to submit invoices, receive payment and sell invoices for financing.

Capital 143
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Logistics, Alt Lending Lead B2B Startup Funding

PYMNTS

The firm offers QR code payments technologies, enabling merchants to accept electronic payments, but the firm’s Co-founder and CEO Ashneer Grover told the publication that the company is looking to step into the B2B eCommerce market, “not in an inventory-led manner, but as a marketplace.” ” Lalamove.

Lending 139
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Yes, Virginia, There Are Women Leaders In Fintech

Tech and Finance

Engle’s prior roles at Bank of America include the consumer bank’s chief technology officer, chief information officer of consumer technology and operations, and, most recently, chief information officer of Bank of America’s Global Banking and Markets businesses. while pursuing a Ph.D.

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How 60+ Startups Are Disrupting Retail And Commercial Banking Around The World

CB Insights

One of the biggest challenges these companies face is that many operate without a bank charter or license. Incumbents are not standing still and are acting to protect their market share. Table of contents: Market map: the startups disrupting retail & commercial banking. why profitability won’t come easy. Key takeaways.

Retail 78
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Auto Tech Trends To Watch In 2019

CB Insights

Sensors can help automakers monitor the assembly line, streamline operations, and predict costly outages before they occur. Blockchain Verification. Blockchain verification could help address this. Although current adoption is low, estimates suggest the market potential for autonomous electric aircraft could reach $1.5T

Trends 56
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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

In parallel, Amazon has made several fintech investments, mostly focused on international markets (India and Mexico, among others) where partners can help serve Amazon’s core strategic goal. Table of Contents: Amazon’s product strategy. Market strategy outside the US. Continue to reduce any buying/selling friction.

Cards 101