Bank Innovation

DECEMBER 13, 2019

In this episode, Suman Bhattacharyya, senior editor, and Angely Mercado, associate editor, discuss the following news developments: Corporate card and financial product startup Brex’s marketing strategy; Inspired Capital’s recent investment in business banking platform Rho; and […].

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Strategy Branding Video Marketing Strategies 243

Bank Innovation

FEBRUARY 10, 2020

Capital One is determined to turn its digital assistant Eno into an affable, personal finance watchdog to build loyalty between the brand and customers. Three years after Eno’s launch, the bank is adding capabilities that go beyond simple balance inquiries to proactive insights on customers’ spending behaviors.

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Capital Branding Innovation Strategies Strategy 322

South State Correspondent

MARCH 14, 2024

Focusing on the Right Aspects of Strategy If you look at the sensitivity in a bank’s budget, $1 of investment in a new line of business usually doesn’t break even for two to three years. $1 Strategic Horizon and Capital As mentioned, the problem that bank’s often run into when it comes to strategic planning is their time horizon is too short.

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Innovation Strategy Capital Comparison 195

PYMNTS

DECEMBER 29, 2020

CUs’ production units could not afford to miss deadlines with members’ financial needs at stake, said Nancy McNeill , senior vice president of Operations at Coast Capital Savings Federal Credit Union. McNeill said Coast Capital, like numerous other CUs, has seen robust growth in the number of members who have gone digital during the pandemic.

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Capital Operations Mobile Innovation 190

Bank Innovation

DECEMBER 12, 2019

On the heels of a $200 million debt capital raise confirmed this week, corporate card and financial product startup Brex plans to ramp up its product offerings for e-commerce entrepreneurs. Chief Financial Officer Michael Tannenbaum told Bank Innovation […].

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Capital Innovation Cards Company 221

Bank Innovation

AUGUST 15, 2018

billion ($513 billion) in assets, and boasting a 50-person innovation lab, implementing fintech for a fiat-focused market has its challenges. In some markets, banks and fintechs are a long way from overcoming the dependence on cash. This challenge is felt at Germany’s Commerzbank. As one of the country’s top five banks, with €452.5

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Innovation Strategies Innovation Strategy Fintech 150

Bank Innovation

FEBRUARY 18, 2020

billion in costs and reallocates capital away from underperforming units. HSBC, a global bank with $2.7 trillion in assets, is blazing a new path for its U.S. business as it cuts $4.5 The top-10 global bank reported Tuesday that in 2019, net profit fell 53% to $6 billion, while pre-tax profits fell 33% to $13.3 […].

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Strategy US Taxes Capital 243

PYMNTS

DECEMBER 9, 2020

There’s a huge opportunity [in B2B payments] for businesses that have traditionally focused on the consumer,” David Disque , president of Corporate Spending Innovations (CSI), said in an interview with Karen Webster. While an attractive proposition, the shift into the B2B world can’t happen at the flip of a switch.

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Innovation Fintech Cards Payments 297

PYMNTS

DECEMBER 27, 2016

Capital One’s Treasury Management Group is already looking ahead to how corporate treasurers will face the most modern of challenges in 2017. For Capital One, approaching the future of treasury management means collaboration. “We’re

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Innovation Fintech Capital Survey 182

PYMNTS

JANUARY 12, 2021

German food delivery platform Delivery Hero is launching its own early-stage venture capital (VC) firm — DX Ventures — that will be managed independently to focus on advancing founder-led startups. 12) press release. “We We understand the opportunities and challenges these startups are facing because we have gone through them ourselves.” .

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Capital America Strategy Management 151

PYMNTS

SEPTEMBER 14, 2020

But the one thing that might work is taking a page from the innovation playbook that Netflix seems to have written and followed over the last 22 years. Netflix is the story of the classic, but the always so-much-harder-than-it looks, ignition strategy, laid out over more than two decades. I Don’t Want To, But I Have To’.

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Innovation Video Course Meeting 245

Bank Innovation

APRIL 16, 2018

This unit labelled Barclays UK Ventures (BUKV) will allow the bank to invest and partner with technology companies that will spur the bank’s technological innovation and growth. It will be led by the bank’s former group head of strategy: Ben Davey. […].

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Innovation Strategy Groups Technology 210

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.

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Capital Payments Software Fintech 199

PYMNTS

SEPTEMBER 19, 2018

A new report from Capital One examined this question, focusing on how technological disruption will affect its finances. ” the financial institution (FI) asked in its recent publication, “ Innovation in the Middle Market: Staying a Step Ahead of Disruption.” Where does the middle market fit in this spectrum?

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Capital Marketing Mobile Payments 134

PYMNTS

NOVEMBER 16, 2020

corporates, including tech (and beyond Big Tech), Joe Simons , chair of the Federal Trade Commission (FTC), indicated that roadblocks could be set up to stop some of the traditional means of growth and innovation. In a signal of what might be on the horizon for U.S. The act is unlikely to go make much progress in a Republican-led Senate.

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Innovation Regulation Online Report 288

PYMNTS

MARCH 7, 2019

Hitachi Capital America , Hitachi’s U.S.-based In a statement, Hitachi Capital America EVP and General Manager of Commercial Finance and Corporate Development Mark Duncan said the takeover will help the company expand its footprint in the technology sector.

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America Capital Technology Resources 129

PYMNTS

SEPTEMBER 24, 2019

Western Union Company is meeting with investors and analysts about strategy updates and its three-year financial outlook, the company said in a press release on Tuesday (Sept. Aside from announcing platform innovations at Western Union’s Investor Day on Tuesday (Sept. The company announced on Monday (Sept.

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Strategy Capital US Meeting 108

BankInovation

MARCH 20, 2023

The collapse of Silicon Valley Bank presents an innovation opportunity for fintechs in treasury management as more bank clients look to multibank strategies to ensure security in their capital.

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Management Innovation Risk Management Strategy 52

Perficient

FEBRUARY 2, 2024

With a deep understanding of the regulatory landscape, our CoE experts support over 500 financial institutions with innovative software, ensuring seamless navigation of challenges. Known as “ Living Wills ,” these plans outline a bank holding company’s strategy for prompt resolution in significant financial distress or failure.

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Compliance Software Trends Strategy 221

PYMNTS

JULY 15, 2020

But today, as pandemic-fueled late payments and supply chain disruptions continue to threaten the livelihood of businesses around the globe, factoring and supply chain finance have, in many cases, proven to be a valuable cash flow strategy for B2B buyers and suppliers alike. A Digitization Push.

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Innovation Tools Strategy Management 135

South State Correspondent

JANUARY 3, 2024

These books span a range of banking topics but emphasize second-order thinking, productivity, building client relationships, and innovation. Best Banking Books: Banking Strategy & Organization Playing to Win– How Strategy Really Works by A.G. These lessons are constantly in the back of our minds as we attempt to innovate.

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PYMNTS

NOVEMBER 17, 2019

Sterling Bancorp announced that it has launched its new Innovation Finance Group , and has tapped veteran technology bankers John Hoesley and Josh Roberts to lead it. Before joining Sterling, Hoesley was at CIBC Bank USA with Josh Roberts, where the two established the Innovation Banking group in 2014.

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Groups Innovation Capital Leadership 116

PYMNTS

NOVEMBER 20, 2020

But as the pandemic has progressed it has become increasingly clear that Target is also laying claim to the paycheck, and is often more innovative and digital-first than Walmart. But get into the strategies around eCommerce and things start to get very interesting between the two. Stores: Walmart, 11,500; Target, 1,868.

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Comparison Strategy Retail Minneapolis 165

Bank Innovation

SEPTEMBER 27, 2019

RBC Capital Markets has looked externally to help it consolidate data in one place, analyze it and better equip employees. Starting in 2013, RBC Capital Markets began collecting all the data it could that was relevant to its clients, including e-commerce data, trades and portfolios.

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Capital Marketing Data Management 150

South State Correspondent

JANUARY 30, 2024

Benchmarking can help banks better optimize capital as it gives bank management a sense of what the average is for the industry. Banks that want to be more aggressive with innovation and technology can show they are investing more in technology infrastructure, while banks with a strategy to be less tech-focused can be under.

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Capital Operations Customer Experience Comparison 195

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. billion valuation.

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Innovation Digital Strategies Payments Tools 124

Bank Innovation

NOVEMBER 28, 2016

Adam Carson, managing director, global technology strategy & partnerships at JPMorgan Chase & Co., will participate in a fireside chat at Bank Innovation 2017. Bank Innovation 2017, March 6-7 in San Jose, Calif., will feature dozens of speakers on investing in innovation, chatbots, blockchain and more.

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Bank Innovation

JANUARY 24, 2017

Edward “EJ” Achtner, Bank of America‘s Head of Digital Banking – Strategy, Platforms, Innovation, and Partnerships, has joined the Bank Innovation 2017 speaker faculty. based bank.

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Innovation Charlotte America Digital Banking 150

Bank Innovation

SEPTEMBER 9, 2019

For Personal Capital, the path to scale is to go broad. As a result, the Redwood Shores, Calif.-based based hybrid adviser, which has $10 billion in assets under management, is bringing together investing, banking and personal finance management for the largest possible swath of users regardless of portfolio size.

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Strategy Capital Management Retail 170

PYMNTS

DECEMBER 1, 2017

The latest survey by Capital One suggests treasurers still have an appetite for new tools and technologies. Capital One’s Treasury Management Services published its latest survey at the Association of Financial Professionals’ annual conference, held last month.

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Tools Capital Mobile Survey 100

PYMNTS

SEPTEMBER 14, 2017

One of the key reasons for the complicated relationship – the term “frenemies” comes to mind – is that FinTech newcomers are demonstrating innovative approaches to traditional banking practices, including financial management services and money transfers, while older banks tend to be wedded to older systems. An ‘API-first’ strategy.

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Innovation Lending Fintech Bitcoin 191

PYMNTS

NOVEMBER 20, 2019

Much of what commercial card innovators seek to address is a massive pain point for adoption: supplier acceptance. Such was the strategy of JPMorgan in its latest corporate card initiative. However, in this week’s Commercial Card Innovation roundup, it wasn’t the point of friction that technology firms were addressing.

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Cards Innovation Fintech Payments 155

PYMNTS

JANUARY 7, 2021

Digitally native mattress and home goods brand platform Resident landed a $130 million investment headed up by Nexus Capital Management and Ion Crossover Partners with participation from Baron Capital Group in Q4 of 2020, according to a Thursday (Jan. In separate news, digitally native sleep company Purple Innovation, Inc.

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Capital Strategy Branding Operations 217

PYMNTS

FEBRUARY 5, 2020

A point arises, however, when firms have to choose the self-funding route and raise the needed capital or collaborate as well as partner with larger players that have the backing to make acquisitions part of their strategy for long-term growth. As a result, Praeger believes M&A activity will be similar to what was seen last year.

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PYMNTS

MARCH 13, 2020

The result is a lack of capital to fund the substantial investments required by innovations, especially online. Are we punching above our weight, thanks to our agility and skill at innovating and partnering? At the same time, regionals must deal with the hard discounters opening stores at a rapid rate.

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Regional Strategy Report Innovation 142

PYMNTS

SEPTEMBER 13, 2017

To help SMBs overcome their fears and expand their global reach, Payoneer and UPS Capital have announced a new service for the latter’s SMB customers, a soluion which helps them process B2B transactions through a licensed escrow service. APIs invite innovative changes to banking. To read the story, download the latest Tracker. .

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Strategy Report Lending Fintech 190

PYMNTS

SEPTEMBER 3, 2019

Two hundred and seventy-four years later, those words are the perfect framework for understanding what will define the next decade of innovation in payments and any ecosystem that touches it. Sometimes those innovations disrupted old models and players; other times they made them better and more efficient. The Invisible Innovators .

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