PYMNTS

AUGUST 22, 2019

Such institutions are working to raise the necessary capital to expand their products and customer bases as they enter new markets. It [pushed] us at Key to build a design center that we never had before. … [It] pushes us to buy … and acquire technology companies,” he said. Legacy Banks and the Innovation Game.

Innovation 109

Innovation Digital Banking Fintech US 109

PYMNTS

JULY 18, 2019

Depending on where you look, the chasm yawns wide when it comes to innovating with new technologies or features. In a PYMNTS interview with Karen Webster, Joe DeRosa, EVP of Global Sales at i2c , discussed the findings of the July 2019 Innovation Readiness Playbook , subtitled “Leveling the Playing Field for Different-Sized FIs.”

Innovation 155

Innovation Study Technology Millennials 155

Bank Innovation

DECEMBER 10, 2019

The firm, which closed a $250 million fund in 2015, primarily invests in business-to-business technology companies. -based growth equity firm, closed its second fintech valued at $375 million this week. Its portfolio includes nine firms, including digital identity companies Jumio and SheerID, workplace benefits platform Ease […].

Fintech 293

Fintech New York Technology Company 293

PYMNTS

NOVEMBER 20, 2019

Cybercriminals are commonly using the same technologies to design and develop nefarious attacks, such as the botnet Mirai and malware like Deep Locker, which used AI and facial recognition to identify targets through factors like geolocation and online behavior. “I Scotiabank’s Three-Pronged Innovation Strategy.

Fraud 117

Fraud Data Management Analytics 117

Bank Innovation

NOVEMBER 22, 2019

Siam Commercial Bank Pcl plans to spin off some of its fintech divisions as it tries to monetize its push into technology investment at a time of sluggish earnings from traditional lending. The nation’s third-biggest lender by assets expects one of the fintech units has the potential to become a ‘unicorn,’ or a private company […].

Fintech 221

Fintech Lending Technology Company 221

Bank Innovation

OCTOBER 24, 2019

Ping An Insurance wants to be valued more like a technology company. Its executives have yet to convince investors their planned $22 billion spend on everything from artificial intelligence to block chain will work. While Ping An’s Hong Kong-traded stock has risen 36% since January, it trades at 9.7

Technology 170

Technology Company Innovation Strategies Capital 170

Bank Innovation

SEPTEMBER 6, 2019

As banks increasingly take transactions to digital channels, the process to acquire customers also is shifting online thanks to technology that matches product offers to customers based on data. Indeed, Even Financial, a four-year-old startup, has built just such an API to help banks find customers.

New York 170

New York Online Data Technology 170

Bank Innovation

AUGUST 2, 2019

The acquisition comes at a time when large institutions are looking to grow their business clientele through new underwriting tools and other technology. American Express acquired business-to-business payment company Acompay this week, allowing the company to automate the accounts payable process for business customers.

Lending 170

Lending Tools Technology Payments 170

South State Correspondent

SEPTEMBER 20, 2022

Another popular tactic was that since many banks are ahead of budget this year due to the faster than anticipated rise in margins, many banks are increasing spend on technology and marketing in the back half of this year to set themselves up for success in 2023. He made an interesting point – “boring companies pay a premium.”

Conference 195

Conference Marketing social media Data 195

PYMNTS

AUGUST 17, 2017

Jamie Armistead, executive vice president of Digital Channels for Bank of the West , recently spoke with PYMNTS about how startups and tech are informing his company’s innovation strategy. For traditional banks, the largest impact of mobile and digital technology has been how it has shifted consumer expectations. “As

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

PYMNTS

MAY 27, 2016

Israel may be small, but the country packs a mighty technology punch. The “startup nation” is recognized for not just brimming with tech innovation, but also harboring more high-tech startups and a larger venture capital industry per capita than any other place in the world. primarily by helping U.K. Today the U.K.

Innovation 102

Innovation National Innovation Strategies Big Data 102

CB Insights

MAY 15, 2019

Key people: Annie Ye, Head of DAX, Senior Vice President, DBS Innovation Group; Neal Cross, Managing Director & Chief Innovation Officer. DBS leaders expect to see more than 5,000 people actively innovating DBS’ services and operations at DAX each year. Capital One — Capital One Labs. Founded: 1999 and 2005.

Innovation 78

Innovation blockchain Technology Groups 78