Bank Innovation

JANUARY 30, 2019

s robust marketing strategy for its retail bank has paid off, as the bank today reported that half of its new retail customers were millennials. Of Ally Financial’s 230,000 new retail deposit customers via its retail side, Ally Bank, 126,500 were millennials, according to bank’s earnings report released today.

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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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PYMNTS

JANUARY 17, 2020

But then again, only two weeks into 2020, mergers and deal-making in payments, specifically within digital payments and FinTech, are sizzling. The biggest one, so far, of course, has been Visa inking a deal to purchase FinTech firm Plaid for $5.3 Retail sales were up 3.6 branded cards business grew by 10 percent.

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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

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?”

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Bank Innovation

OCTOBER 2, 2018

P2P payments service Zelle was once not too keen on social media, but its new video message feature might indicate a change of heart. The video feature, which is being marketed on Zelle's website seems a little, well. The feature works this way: the user adds the name of the person who owes them […].

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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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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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Fintech Financial Technology Trends Technology 150

PYMNTS

JUNE 5, 2017

Late last month, Mastercard announced Russian financial firms working within the collaborative FinTech acceleration program Fintech Lab has chosen 12 FinTech startups they plan to mentor and guide through the program.

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social media Bitcoin National Fintech 101

Bank Innovation

JANUARY 25, 2017

More fintech is coming to Austin. The massive South by Southwest conference and festival features startups in a number of categories — transportation, augmented/virtual reality, and of course fintech — plus several others. The event is the 9th annual pitch session for SXSW’s accelerator.

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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

AUGUST 15, 2016

Calling all fintech startups — today marks the opening of the application period for the second class of INV Fintech, a global accelerator operated by Bank Innovation and Fiserv. Interested startups can apply here. The application period will close Friday, September 9. INV, which launched in January, is the first 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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blockchain Fintech social media Operations 150

Bank Innovation

AUGUST 12, 2016

Citi Fintech launched in the fall of 2015 to build the bank of the future, but it has yet to release a product. USAA announced today that Citi Fintech CEO Heather Cox was joining the bank as chief technology and digital officer, a new Read More. Now Citigroup‘s innovation unit has lost its CEO.

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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 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

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

APRIL 26, 2019

Visa’s newest APIs will help those within the Visa ecosystem to create digital cards on demand and add digital services. Is Apple Card Already Changing Payments? Venmo, which is owned by PayPal, is reportedly settling on Synchrony Financial to issue the Venmo credit card. Welcome to the PYMNTS Weekender. We hope you enjoy.

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PYMNTS

MARCH 22, 2019

“Based on our learnings from that experiment, we actually decided to make meaningful improvements in the existing rails by leveraging the payments ecosystem, and within that ecosystem, we are considering the FinTechs as well or the regulators around the world as well, including SWIFT,” said Gulru Atak, who helms the lab.

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PYMNTS

JULY 26, 2016

As a growing number of consumers abandon paper currency for cards and digital solutions, however, many charities are looking to cash in on more advanced payment methods. This month, numerous players released solutions and products aimed at creating a more seamless, streamlined retail process – from mobile to online to in-store.

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social media Retail Software Online 100

Gonzobanker

NOVEMBER 18, 2014

After Retail Delivery had some mushy general sessions a few years ago, this is the second year in a row we have seen some provocative stuff on the main stage. Pointing to creating sales opportunities with branch traffic declines, Verba talked about the power of instant issue/replacement debit cards and 1 million gift cards issued a year.

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Chicago Retail Branch Design Training 97

Bank Innovation

APRIL 18, 2018

EXCLUSIVE - With over 100,000 signups to date, Ollie Purdue, CEO of digital current accounts Loot will turn his focus on generating revenues this year. “We We spent last year and most of 2016 scaling and on the workings of the product,” Purdue told Bank Innovation. This year, we look at revenues.” Launched back in 2014, […].

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Bank Innovation

FEBRUARY 19, 2019

Six of the startups come from INV Fintech, this website’s sister […]. The startups are:[link] Avocado Payments, Budgit Inc., Community Capital Technologies, Denizen Financial, Diro Inc., Exagens Corp., Fintel Labs, iGTB, JUDI.AI, KapitalWise, OpenDoor Securities, and Operant.AI

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PYMNTS

DECEMBER 23, 2019

Which is why reports emerging in media that banks might be strategically blocking FinTech firms’ access to consumer data quickly caught so much attention. FinTechs need the data. This puts customers and their money at risk,” said Karen Larrimer, PNC’s head of retail banking and chief customer officer. “We

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FICO

SEPTEMBER 30, 2022

With over 19 years’ experience, she specializes in banking, technology and fintech developments across Asia Pacific, Middle East and Africa. Douglas Blakey, editor, Retail Banker International. Burcu currently leads credit analytics and retail credits at Akbank, one of the largest retail banks in Turkey.

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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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Fintech Meeting social media Operations 150

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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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

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

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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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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FICO

MAY 18, 2023

The innovative pay-as-you-go solution allows Dock’s clients, including banks, fintechs, and retailers, to intercept fraudulent transactions and protect their operations, while also improving the user experience. The fraud prevention solution is based on FICO® Falcon® Fraud Manager and FICO® Customer Communication Services (CCS).

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Fraud Technology social media Innovation 52

Celent Banking

MAY 19, 2017

ordering something directly from a social media platform rather than a merchant’s site). a fridge with a screen or an Amazon Dash button) allow customers to place orders and pay in ways other than a plastic card or a computer screen. IoT takes contextual commerce to an entirely new level.

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Payments social media Industry Course 179

Bank Innovation

JANUARY 22, 2019

IBM has increased its fintech practice in recent years. IBM, one of the world’s largest technology companies, has agreed to sponsor Bank Innovation Ignite, which explores new ideas and technologies needed to push banking forward. The […].

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PYMNTS

SEPTEMBER 12, 2017

If not, you probably will soon, since it just teamed up with 7-Eleven to bring surcharge-free ATM access to 8,000 of the convenience chain’s retail locations. MoneyPass, a network of Elan Financial Services , provides ATM and debit card processing solutions for financial institutions, Independent Sales Organizations (ISOs) and retailers.

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Innovation ATM Trends Mobile 122

PYMNTS

APRIL 18, 2017

But compared to high-tech, communications, banking, utilities and retail, post and parcel falls flat. More than 70 percent said they have a social media presence. Some of these investments stretch into the world of payments and fintech, too. Further, UPS has made several investments in innovation, while the U.K.’s

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Big Data Survey social media Industry 100

Gonzobanker

DECEMBER 22, 2020

Chris’ public posts including his playbook for dealing with COVID-19 were gobbled up on social media. Whether this turns out great or a bubble that pops, Chime has jolted the staid banking industry into thinking about who will acquire future retail customers and where value creation may emerge.

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