Bank Innovation

JULY 12, 2018

Most fintech startups don’t survive. The landscape of payments, lending, artificial intelligence might seem bustling thanks to all the industry hoopla around it, but the success rate for a startup to make it in these fields — or for that matter any of 15-plus fintech segments — is slim. Well, according to a […].

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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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Bank Innovation

FEBRUARY 19, 2018

The innovation of fintech is not limited to retail banking, according to the UK Investment Association, which today said it would launch an accelerator for fintech starts focused on AI, ML, DLT technologies in the asset management sector. Investment Association is a 240-member community.

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PYMNTS

MARCH 31, 2017

Investors are fueling growth for B2B FinTechs across Asia, with startups in Indonesia, Singapore and India securing most of the more than $125 million raised in recent days. Newid Capital and angel investors also participated, reports said. eProcurement. This week the company revealed a $3.8

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Bank Innovation

MARCH 15, 2016

Emirates NBD, one of the Middle East’s largest banking groups, is hosting a hackathon in partnership with Berlin-based Open Bank Project in London, the reported fintech capital of the world, April 15 to 17. The deadline for early applications is today. The event takes place at Level39 in Canary Wharf — where Read More.

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Bank Innovation

FEBRUARY 19, 2018

EXCLUSIVE — With government-backed initiatives and a finite business of copper export, Nathan Lustig, co-founder and managing partner at Magma Partners, saw huge potential in the Chilean fintech market. Additionally, […].

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Bank Innovation

JUNE 23, 2017

INV Fintech, the sister accelerator to this site, announced its third cohort of startups today. Here are the five companies of Class 3 of INV Fintech: CoverHero is an intelligent insurance roboadvisor that helps users manage, understand, and buy […].

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Bank Innovation

FEBRUARY 19, 2019

Community Capital Technologies, Denizen Financial, Diro Inc., Six of the startups come from INV Fintech, this website’s sister […]. The 12 startups demoing to try to win the “best in show” award at Bank Innovation Ignite have been unveiled. The startups are:[link] Avocado Payments, Budgit Inc., Exagens Corp.,

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PYMNTS

SEPTEMBER 28, 2020

When an organization is bearing an ever-increasing burden of outstanding accounts receivables, there are multiple sources of capital to which it can turn. As a result, he said, businesses will increasingly turn to FinTechs that can offer more creative, flexible solutions to their cash flow and debt challenges. It's a juggling act.".

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Bank Innovation

FEBRUARY 19, 2016

The clock is ticking on FinTech Acquisition Corp. FinTech Acquisition Corp, believed to be the only “blank check” company in the fintech sector today, has by rule until Aug. 19 to consummate an acquisition with its $100 million, or face dissolution.

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Lars Markull

MAY 30, 2020

You have probably read somewhere that Shopify is now becoming a FinTech company due to the launch of a couple of new products. A few years ago it was quite easy to identity Fintech players but the lines are getting blurry. And now coming to the most crucial Fintech announcement by Shopify: Shopify announced their own bank account.

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Bank Innovation

FEBRUARY 6, 2017

INV Fintech, the sister accelerator to this site, is pleased to announce its inaugural episode of INV Unfiltered — a new monthly podcast series, which will cover current trends and intriguing topics in financial technology and beyond.

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PYMNTS

MARCH 10, 2020

The small business credit gap is a global issue, a problem that banks and FinTechs continue to hack away at, yet one that remains stubbornly persistent. It’s a self-perpetuating scenario that keeps barriers to capital in place. Asymmetric Information Exchange.

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Bank Innovation

AUGUST 24, 2016

Y Combinator President Sam Altman knows fintech — he helped Green Dot build GoBank, after all. So when only two fintech startups made it to the stage yesterday at Day 1 of its Summer Demo Day(s) 2016, we took notice. But today 10 of the 48 demoing companies are fintech-focused, Read More.

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Bank Innovation

SEPTEMBER 7, 2016

From these sessions, two winners were chosen that will have the chance to engage with a global bank — perhaps the ultimate prize for a fintech startup today. The afternoon session brought on the blockchain. The challenge was part Read More.

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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.

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Bank Innovation

MARCH 24, 2016

Just under 10% of the companies — 15 to be exact — were fintech-related. Y Combinator’s Winter 2016 Demo Days just wrapped up, with 159 startups taking the stage and making their play for funding. This is about average for a YC incubator class, with the 26% from Summer 2015 being an Read More.

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PYMNTS

NOVEMBER 27, 2019

The social media company made multiple bids for Fitbit in October, with a final offer of $7.30 Chris Douvos of investment firm Ahoy Capital told The Wall Street Journal , “We’ve been in the middle of a rollicking party that’s gone on for five years and someone has snapped on the light switch.

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PYMNTS

JULY 2, 2020

Interest in SMB lending overall has therefore sharpened in recent months as legacy banks, digital-only FinTechs and lenders have moved to close the PPP’s gaps, but quick disbursements still remain a priority for waiting SMBs. SMBs across the U.S.

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Lars Markull

MAY 30, 2020

You have probably read somewhere that Shopify is now becoming a FinTech company due to the launch of a couple of new products. A few years ago it was quite easy to identity Fintech players but the lines are getting blurry. And now coming to the most crucial Fintech announcement by Shopify: Shopify announced their own bank account.

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PYMNTS

NOVEMBER 10, 2017

B2B FinTech enjoyed more time in the spotlight with investors this week as companies around the globe — ranging from eProcurement to small- and medium-sized business (SMB) accounting to supply chain management startups — secured fresh funding to support growth. Kinara Capital. Alternative Lending. B2B eCommerce.

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PYMNTS

NOVEMBER 6, 2019

FinTech is on the march, and one area where progress is highly visible is in the growing gig economy ecosystem. The interview came amid fallout from another digital outage that impacted payments and millions of online customers. Indeed, those are two big factors in ensuring consumers’ sustained trust, Javarappa said.

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PYMNTS

MAY 13, 2016

With nearly $120 million raised for enterprise-serving startups, B2B venture capital saw one of its most successful weeks this year. But the segment of B2B FinTech that secured the largest backing — $50 million — is one you’ll never guess. The $30 million funding round was led by GGV Capital, according to reports. Pwnie Express.

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CB Insights

NOVEMBER 5, 2019

There are just two China-based fintech businesses valued at over $100B in the world. The second, conceivably, is Tencent’s fintech business. In May 2019, Barclays released a note estimating the value of Tencent’s fintech business at $123B, or close to a third of the company’s total market cap.

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PYMNTS

NOVEMBER 12, 2019

If entrepreneurs can’t get capital from a bank, they will look for other sources.”. We have an analysis about their psychometric, their willingness to pay, their behavior on social media,” he said. This strategy can also expand access to capital for small businesses with thin or no credit files.

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Bank Innovation

MAY 2, 2016

Lesley Stahl meets some of the fintechies "challenging the establishment and seeking to reinvent nearly every aspect of modern banking" in an episode that aired yesterday.

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Bank Innovation

SEPTEMBER 27, 2017

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

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PYMNTS

JUNE 21, 2019

The dispute over the Office of the Comptroller of the Currency ‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly caused technology conglomerates to shy away from a tool that aims to provide nonbank firms with a more streamlined way to operate on a national level. Trackers and Reports.

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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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Bank Innovation

JUNE 8, 2018

Bitcoin mania has died down in the fintech world, and the conversation has shifted to technologies like voice banking, payments, and alternative credit scoring. What is the state of banking innovation today? Each year, we poll the industry to find out. This year, the pressure for banks to innovate is high, as banks no longer […].

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NCR

MARCH 5, 2018

With more competition from emerging fintech players and new technology such as mobile and artificial intelligence demanding banks rethink how they deliver services to consumers, some companies are now looking to question how banks should define themselves in today’s market. What do banks need to be effective?

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Bank Innovation

JULY 12, 2016

FemTechLeaders reached out to its UK members for their reaction to the Brexit vote, and their take on how it would impact the financial services and technology industries in the short and long term. Here are some of the observations, predictions, and opinions they shared. One interesting thing to note is Read More.

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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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PYMNTS

JULY 3, 2018

The pullback of banks from the small business lending space left a gap filled by alternative lenders who are exploring new ways to connect entrepreneurs with capital, a journey that includes innovation and a bit of experimentation. “Lenders’ primary goal is to assess a consumer’s stability, ability and willingness to pay.

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Bank Innovation

OCTOBER 17, 2018

million users, or Capital One’s Eno which claims to have one of the highest user ratings and can even communicate with consumers through text outside the banking app. Virtual banking assistants seem to be all the craze lately. Just ask Bank of America, whose Erica crossed 3.5 For many banks, a virtual assistant is already on […].

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Bank Innovation

FEBRUARY 5, 2019

Time is running out to apply for Bank Innovation’s DEMOvation Challenge, in which fintech startups demo before a crowd of conference attendees in hopes of earning their vote and walking away with prizes. The application deadline is Friday, February 8. Apply here.

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Bank Innovation

JANUARY 30, 2019

In Seattle, you’ll see four Ignite Ideas sessions from the following fintech innovators: Lisa Frazier, Head […]. Early registration ends this Friday, February 1 at 11:59 PM. Register here to secure the lowest possible rate!

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