Bank Innovation

NOVEMBER 16, 2018

Innovation is expensive. And for banks, making sure regulatory and security compliance is met on each technology undertaking only makes those costs larger. But innovation is a must for banks, who are not only competing with fintechs like neobanks, PFMs, and payment companies, but also with the likes of Amazon, Google, and even Walmart.

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Innovation Technology Google Compliance 150

PYMNTS

DECEMBER 21, 2020

Like many venture capital companies in the payments space, Serent Capital has had a busy year. 15 with the announcement of the launch of its fourth fund, Serent Capital IV — at $750 million. 15 with the announcement of the launch of its fourth fund, Serent Capital IV — at $750 million. That was followed on Dec.

Capital 199

Capital Payments Software Fintech 199

PYMNTS

SEPTEMBER 8, 2020

In the mad dash for small firms to secure capital, many sought their PPP loans from banks other than their usual financial service providers, creating a logistical nightmare for financial institutions (FIs) that still rely on manual and outdated customer onboarding workflows. On Tuesday (Sept. Broadening Customer Understanding.

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Fintech Compliance Fraud social media 198

Bank Innovation

JANUARY 24, 2017

Fintech got a fresh flush of capital this week, with some old favorites joining newer names all with innovations in big data, e-commerce software, compliance, and many more.

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Fintech Big Data Compliance Capital 150

Bank Innovation

SEPTEMBER 14, 2018

Banks and fintech ranked artificial intelligence and machine learning as their top innovation priority, according to a Bank Innovation survey. Bank Innovation asked people in the banking and fintech community to list what’s top on their innovation wish list.

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Innovation Survey Fintech Community 186

Bank Innovation

SEPTEMBER 27, 2017

What is the state of banking innovation today? Fintech funding has grown tougher for startups, but banks’ balance sheets are looking stronger– what does it mean for innovation? Each year, we poll the industry to find out.

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Innovation blockchain Fintech Industry 257

Bank Innovation

NOVEMBER 15, 2017

EXCLUSIVE- Bank Innovation has released the agenda for its seventh annual fintech conference, and it is completely overhauled to enhance the event experience for attendees.

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Conference Innovation Fintech How To 225

Bank Innovation

JUNE 15, 2016

Bank Innovation today officially launches BankBoost, a new app that fosters information discovery in the fintech industry. BankBoost is an “answerbase,” which means it is an app for getting questions to your fintech questions. Users can post on any fintech topic and seek answers from the Bank Innovation community.

Innovation 150

Innovation Fintech Community Industry 150

Bank Innovation

JUNE 27, 2017

The opportunity ship has sailed for personal finance management, lending, or robo advisory sectors of fintech, according to Rebecca Lynn, co-founder of venture capital firm Canvas. So where are investors looking for new opportunities?

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Fintech Lending Compliance blockchain 191

Bank Innovation

DECEMBER 24, 2018

While some banks and fintech view each other as competitors, that’s not always the case. In fact, there have been a number of significant bank-fintech partnerships this year. What follows is a list of four alliances that the Bank Innovation staff found most interesting.

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Fintech Innovation Groups Capital 199

Bank Innovation

MARCH 9, 2018

EXCLUSIVE - On March 6 in San Francisco, 12 impressive startups demoed their latest in fintech technology at INV Fitnech's 2nd annual demo day. INV Fintech, the sister accelerator to Bank Innovation, is partnered with Fiserv and eight banking partners with over $3 trillion dollars in assets.

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San Francisco Fintech Innovation Technology 276

PYMNTS

NOVEMBER 2, 2018

As legal cannabis spreads, the industry is a big opportunity for FinTech, as industry players struggle to manage intense compliance requirements and limited access to traditional financial services. The investors followed a Series C investment round closed by Veritas earlier this year, which was led by CDC, Pai and Lok Capital.

Fintech 188

Fintech Capital Security Fraud 188

PYMNTS

NOVEMBER 12, 2019

Innovation in the accounts payable (AP) space continues to expand, with FinTechs looking to capture their piece of a growing market driven by businesses’ desire to digitize their operations. Below, PYMNTS rounds up the latest examples of how AP innovators pull suppliers’ accounts receivable processes into the fold.

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Innovation Digital Strategies Payments Tools 124

Bank Innovation

APRIL 25, 2019

Fintechs are having trouble facing reality when it comes to obtaining bank charters, FDIC Chairman Jelena McWilliams and Comptroller of the Currency Joseph Otting said here at the FDIC’s Fintech and the Future of Banking conference on Wednesday. WASHINGTON, D.C.

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Fintech FDIC Washington Conference 186

Bank Innovation

JANUARY 24, 2019

INV Fintech, the technology accelerator run in partnership with Fiserv, has opened its Demo Day event to financial institution executives attending Bank Innovation Ignite. Previously, only INV Fintech members were permitted to attend Demo Day on March 11 in Seattle.

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Innovation Seattle Fintech US 150

Bank Innovation

FEBRUARY 11, 2019

BNY Mellon is on the hunt for fintech partnerships related to popular technologies like blockchain, data analytics, and AI, but also those related to more obscure technologies like natural language generation, Lucien Foster, head of digital partnerships at BNY, told Bank Innovation. “We We explore all technologies,” Foster said. “We

Fintech 186

Fintech blockchain Analytics Innovation 186

Bank Innovation

MARCH 25, 2019

Eleven startups participated in the Demovation challenge at the Bank Innovation Ignite conference in Seattle earlier this month. These startups, diverse in focus, comprised a wide range of the fintech ecosystem, including payments, security and blockchain.

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Fintech Seattle Conference blockchain 186

Bank Innovation

JUNE 24, 2016

In a stunning vote, British citizens decided to leave the European Union, and the so-called Brexit has not just profound implications for fintech, but creates massive uncertainty for global financial services. tweeted Eileen Burbidge, a partner at Passion Capital and FinTech Envoy of HM Read More. How can we be so stupid?”

Fintech 258

Fintech Capital social media Operations 258

PYMNTS

JULY 15, 2019

Avidia Bank is embracing real-time payments as part of its push to promote collaboration with FinTechs, the financial institution announced Friday (July 12). Offering real-time payments as well as a range of APIs will enable Avidia to expand its offering to FinTechs that want to integrate faster payment capabilities into their own solutions.

Fintech 115

Fintech Payments Cards Compliance 115

PYMNTS

DECEMBER 11, 2019

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. That doesn’t mean it’s been easy. So-called peer-to-peer (P2P) lending has certainly faced challenges in certain markets.

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Fintech Lending Regional Regulation 144

PYMNTS

SEPTEMBER 4, 2019

trillion gap in global trade finance — continues to be used as a driver of FinTech innovation as technology startups look for ways to address friction in global trade financing. Standard Chartered is the latest bank to embrace FinTech collaboration to tackle the trade finance gap, having announced Tuesday (Sept.

Fintech 143

Fintech blockchain Capital Innovation 143

Bank Innovation

SEPTEMBER 26, 2016

While it seems as though the unicorn birth rate is declining, investors are still finding fintech enterprises to sink their teeth (and by “teeth” I mean wallets) into, like the five companies below. Our top five fintech raises this week include SaaS companies; e-commerce; crowdfunding for, er, startups; and insurance Read More.

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Bank Innovation

APRIL 5, 2016

Bank Innovation INV today announces the addition of Navy Federal Credit Union as a member of Bank Innovation INV, the revolutionary fintech accelerator. INV, which was launched in January, is the first non-geographically specific fintech accelerator open to startups from anywhere in the world. Read More.

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Innovation Fintech social media Operations 150

Bank Innovation

DECEMBER 6, 2016

Fiserv, a leading banking technology company, has signed on as the headline Diamond sponsor of Bank Innovation 2017. Bank Innovation 2017 is this blog’s annual gathering on ideas and opportunities in fintech.

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Innovation Fintech Technology Company 150

Bank Innovation

FEBRUARY 18, 2019

The conference, which took place here on February 11 to 14, saw barely a mention of Brexit amid the discussions on global and European fintech innovation. Unless of course, you attended Finovate Europe. This points to what seems to be the reality of […].

Fintech 186

Fintech Conference Course Innovation 186

PYMNTS

JANUARY 30, 2020

Banks and FinTechs continue to discover new opportunities in unlocking corporate clients’ financial data, with banks embracing data integration for their own product development initiatives, and FinTechs finding new ways to collaborate with each other. Mastercard Taps FinTech for Biz Card Boost.

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Data Fintech Cards Software 161

PYMNTS

MAY 30, 2018

Throw into the mix consumer protection guidelines, active anti-money laundering checks and capital requirements, and things get difficult, Oosthuizen noted. And, he noted, banks and FinTechs are going to need time to negotiate their relationships with each other, and with consumers the world over. Why Banks Need FinTechs.

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Fintech Regulation Compliance Innovation 160

Bank Innovation

JANUARY 27, 2017

Don’t miss your chance to secure your spot at Bank Innovation 2017 for the lowest available rate, and join attendees from companies already registered, such as: BBVA Braintree Capital One JPMorgan Chase Mastercard Rabobank Concentrix Silicon Valley Bank TD Bank U.S.

Innovation 150

Innovation Capital Security Company 150

Bank Innovation

SEPTEMBER 21, 2017

“High-tech,” or fintech banks may be required to hold higher capital buffers and larger liquidity when entering Europe, the European Central Bank said in draft licensing guidelines today.

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Fintech Guidelines Capital Marketing 249

PYMNTS

APRIL 18, 2017

Banks and financial institutions spend billions of dollars to ensure they are meeting compliance requirements and properly managing risks. For this reason, ComplyAdvantage is out to disrupt the market by delivering on solutions that does more than just check the compliance box. Filling The Compliance Gap.

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Compliance Data Austin Management 111

Bank Innovation

MARCH 7, 2019

Fresh off a $400 million funding led by SoftBank, fintech lender OakNorth is close to establishing its first bank partnership in the U.S., which will also serve as its entry into the country, Bank Innovation has learned. Based in London, OakNorth is part challenger bank, part vendor.

Fintech 186

Fintech Innovation Operations Capital 186

Bank Innovation

NOVEMBER 21, 2016

A good way to check the current climate in fintech is to see where investors are placing their bets. The top funding rounds this past week dealt with cybersecurity and compliance, investing, and financial advice. This brings us to our top three fintech funding rounds of the week: Prevalent Networks IT Read More.

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Fintech Compliance US Capital 150

Bank Innovation

DECEMBER 6, 2017

INV Fintech, the sister accelerator to this site, announced its fourth class of startups today. Here are the five companies of Class 4 of INV Fintech: Bloxable: Bloxable provides decentralized solutions for lending origination and the securitization of mortgages […].

Fintech 315

Fintech Lending Company Capital 315

PYMNTS

SEPTEMBER 29, 2020

Alternative payments platform AeroPay is looking to accelerate its growth after closing a seed round of capital led by a top FinTech investment firm. The Chicago-based FinTech announced on Tuesday (Sept. A division of Partner Colorado Credit Union, Safe Harbor provides a compliance-based banking program for cannabis businesses.

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Colorado Chicago Fintech Innovation 158

PYMNTS

SEPTEMBER 18, 2018

Singapore Signs On With FinTech Firms. In Singapore, news came this week that the country will open up its real-time payment system to FinTech firms. The movement to open that FinTech access, said the minister, brings “greater convenience to consumers” as those individuals use their eWallets. In The Middle East.

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Fintech New York US National 166

PYMNTS

MARCH 2, 2018

Toward the start of 2018, analysts began to highlight the potential for venture capital (VC) to embrace the B2B business model. and India drove a surge in FinTech venture capital funding in 2017, and Accenture Financial Services Senior Managing Director Julian Skan pointed to the B2B business model as a significant presence in this trend.

Fintech 118

Fintech Capital blockchain Lending 118

PYMNTS

SEPTEMBER 24, 2020

When it comes to payment rails innovation, financial service providers can either improve upon existing infrastructure, or build entirely new rails altogether. This week's look at the latest innovation initiatives finds a big push for the latter. Outside the U.S., blockchain is picking up steam as a payments rail, too.

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Payments blockchain Fintech Innovation 187