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Capital Is the ‘Least Important’ Part of VC Rounds [Video]

Bank Innovation

Raising capital is a crucial step for any startup trying to build its way up the fintech ladder. However, when it comes to VC funding, the actual capital is the “least important part of the transaction,” according to Bruce Wallace, chief digital officer at Silicon Valley Bank. “I

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Report: Digital ID and Video-Based KYC Help Lenders Onboard SMBs

PYMNTS

Nonetheless, Many FIs are looking to simplify and secure their onboarding procedures while also enabling customers to stay safe during the pandemic, leading them to seek out innovative technologies to do so. Video-based know your customer (KYC) processes are particularly promising in this regard. Around The Digital Identity Landscape

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Weekly Wrap: Luge Capital courts early-stage fintechs, as payment providers rustle with UX and data privacy

Bank Innovation

Welcome to the latest episode of our weekly wrap video series, for the week ending Friday, October 25, 2019.

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Today In Payments Around The World: Mynt Lands $175 Million In Funding; Airtel Teams With Amazon On Video

PYMNTS

In today’s top payments news around the world, Globe Fintech Innovations has landed $175 million in additional venture funding, while Airtel has teamed with Amazon to launch a mobile-only video entertainment platform. India’s Airtel Closes Amazon Deal to Launch Mobile-Only Videos.

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Weekly Wrap: PPP forces advances in automation, while Moven bails [VIDEO]

Bank Innovation

This week’s banking innovation continued to be dominated by efforts to automate the Payroll Protection Program loan underwriting — before the PPP funds ran out this week, that is. Meanwhile, Moven, a “Gen 1” fintech startup, gave up on being a challenger bank, handing over […].

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Top 20 Bank Video Ads of 2016

Bank Innovation

Every year, Bank Innovation chooses the bank and fintech videos that made us laugh, the ones that made us cry, the ones that made us want to go out and buy baby animals, and of course, the ones that made us go out and better manage our finances (well, we tried.) Read More.

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‘Most ICOs Are Scams,’ VC Says [VIDEO]

Bank Innovation

In fact, all four panelists on “Where and How to Invest in Fintech Now,” at Bank Innovation 2018 in San Francisco, unanimously dismissed investing in ICOs. Like many others, venture capitalists are skeptical about investing in Initial Coin Offerings (ICOs). ICOs are rapidly falling in popularity.