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Data Dive: The Uncertain Future Edition, MoviePass, Credit Cards And Seattle Taxes

PYMNTS

Credit Card’s Profit Squeeze. Credit card companies, faced with an increase in costs associated with rewards and rising loan losses, have seen their profitability dip of late. The balances on credit cards have grown at a fast pace — up 7 percent year over year in the early part of 2017. Seattle Taxation Change of Heart.

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IBM Signs On to Sponsor Bank Innovation Ignite

Bank Innovation

Bank Innovation Ignite, March 11-12 in Seattle, offers high-level discussions and networking around the future of what’s next in banking. 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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INV Opens Demo Day to FI Attendees at Bank Innovation Ignite

Bank Innovation

Previously, only INV Fintech members were permitted to attend Demo Day on March 11 in Seattle. INV Fintech, the technology accelerator run in partnership with Fiserv, has opened its Demo Day event to financial institution executives attending Bank Innovation Ignite.

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FinTechs Prove Their Value During Pandemic

PYMNTS

Whether it be a personal loan or accounts receivable from credit cards, to get your money faster and control of your destiny means a ton,” he said. And at a time when consumers are demanding flexibility in the form of more payment options and varying payback terms, Steinmetz doesn’t see small business lending as a slam-dunk idea.

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Microsoft’s Blockchain Guru Marley Gray Joins Speaker Faculty

Bank Innovation

Gray will discuss corporate banking and blockchains on March 1 in Seattle with JP Jolly of Citigroup and Deva Annamalai of Fiserv. Bank Innovation is pleased to welcome Marley Gray, Microsoft’s director of technology strategy for blockchain and financial services, to our speaker faculty.

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7 ways community banks can boost profitability

Independent Banker

A profitability strategy has a lot to factor in given today’s uncertain market. A bank needs a team with diverse perspectives and unique abilities—technology, sales, lending and leadership—that is willing to work together at a heightened pace, he notes. Build a lending niche. a rural market with about 1,300 residents. “We

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The Call for ‘Trust’ in Fintech Startups

Bank Innovation

SEATTLE — The Silicon Valley model for its startups is well-known. Heck, there’s a Wikipedia for it. It centers on a simple principle: build a business that scales, no matter the initial profitability. And then scale it like mad. Or, in technical terms, build a business that has the potential Read More.

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