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Investing, Authentication, and a Few Bots Take the Stage at Finovate

Bank Innovation

SAN JOSE, Calif. Not all were startups (IBM) and not all were really fintech (Quid). All of them did their best to impress a passionate crowd of 1,500+ fintech fanatics. — Thirty-nine companies demoed their products to the crowd at Finovate Spring today. Here’s our take on the demos from Read More.

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PayPal, Alpha JWC Team Up To Invest In Southeast Asia FinTechs

PYMNTS

PayPal is partnering with Alpha JWC , the Indonesian venture capital firm, to invest in FinTech companies operating out of Southeast Asia. After the two companies’ senior executives both in Singapore and San Jose choose the startups, they will receive coaching and mentoring from PayPal executives, noted Bloomberg while citing Tso.

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Fiserv Ratchets Up R&D Spend, CEO Says

Bank Innovation

SAN JOSE, Calif. — Fiserv has increased its research-and-development spending to 7% of revenue this year, up from 5% last year, CEO Jeff Yabuki said at the Bank Innovation 2017 conference here on Monday. In 2016, Fiserv recorded $5.5 billion in revenue — which means somewhere around $385 million flowing into tech.

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Investments, Financial Management, and Even Some Virtual Reality: Finovate Day 2

Bank Innovation

SAN JOSE, Calif. – Day 2 of Finovate saw a seeming parade of wealth management and investment solutions, but the final one included a new twist — virtual reality. Was it a bit frivolous? Was the use case far-fetched, strained, even bizarre? Could be, but the audience appreciated it anyway simply Read More.

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Supporting the Financial Services Industry Sustainability Journey

Cisco

Many FIs are developing sustainability strategies which rely significantly on technology for operational transformation. On average, 65% of customers want their banks to reduce their carbon footprints by consuming renewable energy, following paperless processes, and offering biodegradable cards as noted in the World Fintech Report (pg.

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The Way to San Jose: FinovateSpring Has Sprung!

Fintech Labs Insights

Who goes all the way to San Jose, California for a fintech conference, you ask? And while presenters, attendees, and even a few members of the Finovate team are still making their way toward California’s third largest city (and home of the San Jose Sharks!), 135 West San Carlos Street. Presenters.

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How to Offset an Evaporating Data Center

Gonzobanker

A decade ago, many financial institutions were bringing as much technology as possible in-house as a way of controlling their destinies and customizing their core platforms and data warehouses. In the cloud” is common technology vendor-speak for ASP, service bureau, outsourcing, pay-per-click, and a variety of other delivery models.

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