Bank Innovation

FEBRUARY 5, 2020

While the hype around chatbots and digital assistants may have reached a crescendo years ago, banks and the technology companies serving them are now investing in the “brains” behind digital conversational assistants, which can be applied across many use cases, including chat and voice.

New York 345

New York Technology Company Innovation Strategies 345

Bank Innovation

FEBRUARY 3, 2020

Smiley Technologies, a core banking provider focused on community banks, is trying to help its bank clients secure larger deposits by partnering with deposit technology company Reich & Tang.

Community Bank 221

Community Bank Community Software Technology 221

PYMNTS

APRIL 8, 2019

Under HIPAA, otherwise known as the Health Insurance Portability and Accountability Act, health care companies and those handling patient data have to ensure it is stored confidentially and ensure it can be accessed if necessary. We’re all still experimenting.”

Data 189

Data Innovation Strategies New York Google 189

Bank Innovation

DECEMBER 10, 2019

The firm, which closed a $250 million fund in 2015, primarily invests in business-to-business technology companies. Its portfolio includes nine firms, including digital identity companies Jumio and SheerID, workplace benefits platform Ease […].

Fintech 293

Fintech New York Technology Company 293

Bank Innovation

FEBRUARY 23, 2020

Earnest, a student loan startup that was acquired by the student loan servicing company Navient in 2017, is turning to industry associations to boost customer acquisition.

Resources 243

Resources Industry Technology Company 243

Bank Innovation

JANUARY 29, 2020

The company has been starting card programs for fintechs including Brex Inc., Revolut Technologies Inc. Mastercard Inc.’s s new initiative to team up with more startups on credit cards is starting to pay off. and TransferWise Inc., and has unveiled programs designed to make it easier for startups to join Mastercard’s network.

Cards 284

Cards Fintech Technology Company 284

Bank Innovation

DECEMBER 3, 2019

Banking technology company Finastra is enhancing the rollout of its customer data strategy as clients face new competition. As part of this effort, the London-based company hired Lisa Fiondella as its first-ever chief data officer in November.

Data 243

Data Management Strategy Technology 243

Bank Innovation

JANUARY 23, 2020

Bank Innovation has hand-selected 10 companies to participate in its DEMOvation Challenge at Bank Innovation Ignite, which runs from March 2-3 in Seattle. The competing companies are listed below.

Innovation 221

Innovation Seattle Fraud Technology 221

Bank Innovation

APRIL 7, 2020

Together with Galileo, we will partner to build on our companies’ strengths to drive even greater financial technology innovation, making those products and […]. In a year of major fintech acquisitions, SoFi today announced a $1.2

Financial Technology 259

Financial Technology Innovation Fintech Technology 259

Bank Innovation

FEBRUARY 16, 2020

The modernization of core banking tools and loyalty point redemption mechanisms are key priorities for banking technology provider FIS. In a fourth-quarter earnings call last week, the Jacksonville, Fla.-based

Jacksonville 259

Jacksonville Tools Technology Report 259

Bank Innovation

FEBRUARY 12, 2020

Nova Credit, a startup whose technology helps banks underwrite immigrants, is growing its auto finance and mortgage offerings. The San Francisco-based company, which partners with such large institutions like American Express, allows institutions to pull foreign credit data to develop U.S.-equivalent

San Francisco 259

San Francisco Data Technology Company 259

Bank Innovation

NOVEMBER 22, 2019

Plaid will work with more than 80% of the consumer accounts in each country, a major step for the San Francisco-based company with the likes of BNP Paribas, Bank of Ireland, BBVA and Santander onboarding the technology. This week, data aggregator Plaid confirmed its expansion to France, Ireland and Spain.

San Francisco 243

San Francisco Data Technology Company 243

Bank Innovation

JANUARY 6, 2020

Jack Henry, the banking technology provider that specializes in community and regional banks, is expecting banks to increase their human-digital approaches in 2020.

Community 243

Community Regional Technology Company 243

Bank Innovation

JANUARY 6, 2020

A “diverse group” lodged applications, including e-commerce, technology and telecommunications companies, the Monetary Authority of Singapore said in a statement on Tuesday, without identifying the parties. […].

Digital Banking 221

Digital Banking Groups Regulation Industry 221

Bank Innovation

JANUARY 7, 2020

The eight-year-old company is working with banking technology giant FIS to reach new financial institutions. While third-party personal finance apps have garnered attention through direct-to-consumer offerings, HT Mobile Apps is looking to reach more users by offering savings and financial literacy tools to partner institutions.

Tools 221

Tools Mobile Technology Company 221

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

AUGUST 9, 2019

As credit unions look to improve their technology on smaller budgets, one solution is to band together and pool assets. On Thursday, six credit unions did exactly that to improve their online payment capabilities through an investment in the digital payments company Payrailz.

Payments 253

Payments Online Technology Company 253

Bank Innovation

NOVEMBER 7, 2019

As financial services companies consider the next wave of interaction technologies, TD Ameritrade is making the case for voice as a channel. Over the past year, the company has invested in voice-based tools to allow customers to learn more about their portfolios.

Strategy 186

Strategy Tools Technology Company 186

Cisco

NOVEMBER 15, 2022

Open banking allows third-party financial services companies to access consumer banking, transaction, and other financial data via the secure use of APIs. It is about opening up information to spur innovation of third-party providers to build new, added-value offerings. Open banking made this possible. In the U.S.

Innovation 156

Innovation Security Data Innovation Strategies 156

Bank Innovation

NOVEMBER 6, 2019

has long feared that technology giants will act more and more like banks. The bank has spent the last year developing an e-wallet tailored for companies such as Airbnb, Lyft Inc. that it says could help online marketplaces and companies […]. JPMorgan Chase & Co. The firm’s surprising solution: help them do it.

Online 186

Online Technology Company Innovation Strategies 186

PYMNTS

JANUARY 18, 2019

For corporations that want to stay ahead of the competition, innovation is a must, but developing and supporting a payment solution can prove challenging. Instead, many rely on their FIs to create this kind of technology, which presents these institutions with a number of hurdles. Flexible and Far-Reaching .

User Experience 189

User Experience Innovation Strategies Payments Strategy 189

Bobsguide

JUNE 3, 2022

Introduction of new technologies, integration with other channels like mobile and branch, flexibility to implement both new functionalities and mandates are all still encountering a number of infrastructural obstacles. It clears the roadblocks created by the de-facto company driven NDC/DDC protocols and reliance on legacy terminal handlers.

Innovation 147

Innovation ATM Software Policies 147

Bank Innovation

AUGUST 2, 2019

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

Lending 170

Lending Tools Technology Payments 170

Bank Innovation

NOVEMBER 15, 2019

A company that operates quietly in the background of popular financial apps and platforms is taking steps to become more visible.

Tools 170

Tools User Experience Cards Fintech 170

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

OCTOBER 2, 2019

This week, PayPal expanded the scope of its global ambitions through a 70% equity stake in Chinese payments company Guofubao Information Technology, which is known as GoPay. Through it, PayPal acquired a license to operate in China and access to millions more customers.

Marketing 170

Marketing Operations Payments Technology 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. This week, the New York-based company confirmed a $25 […].

New York 170

New York Online Data Technology 170

Bank Innovation

AUGUST 14, 2019

When Swedish banking firm Klarna became Europe’s most valuable financial technology startup last week, it was only the latest sign that digital finance has escaped the troubles afflicting legacy lenders. European fintech companies raised $3.3 Its latest fundraising gave Klarna, which facilitates online installment payments, a $5.5

Fintech 170

Fintech Financial Technology Capital Online 170

PYMNTS

FEBRUARY 22, 2017

For Fiserv, a focus on financial services innovation means a focus on the end-user experience. As a company that works primarily with other financial institutions to offer solutions for their own customers, both consumer and corporate, Fiserv has a wide reach in the FinServ space. Some of them surround the issue of payments security.

Innovation 129

Innovation Security Innovation Strategies Data 129

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.

Innovation 102

Innovation National Innovation Strategies Big Data 102

The Financial Brand

NOVEMBER 4, 2014

Buying a technology company can speed innovation while improving a bank''s or credit union''s bottom line. Innovation Strategies Technology Strategies A.T. Kearney M&A'

Innovation Strategies 32

Innovation Strategies Strategy Fintech Innovation 32

PYMNTS

NOVEMBER 1, 2017

Small businesses (SMBs) are increasingly satisfied with their traditional financial service providers, though banks are pushing to heighten their innovation strategies and provide SMBs with the high-tech, customized services that those small businesses demand.

Survey 135

Survey Innovation Management Innovation Strategies 135

PYMNTS

AUGUST 22, 2019

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. They can bring a different way of thinking; it’s about how modern technologies and data can make that better.”.

Innovation 109

Innovation Digital Banking Fintech US 109

BankInovation

JUNE 25, 2020

A recently launched fintech consortium in Greater Sacramento is already generating partnerships between local technology providers and financial institutions.

Sacramento 87

Sacramento Fintech Innovation Technology 87

Insights on Business

JUNE 5, 2018

When you think of technologies that are changing the way the banking industry conducts business, is your first thought chatbots? Helping keep these memories blissfully distant is conversational computing technology. Does the company have the resources and capabilities to deliver on its stated road map?

Resources 101

Resources Innovation Strategies Report System 101

BankInovation

MAY 22, 2020

The company told Bank Innovation it wants to eliminate cost as a barrier for smaller banks and credit unions to sign up for the service. Barwick Bank, meanwhile, is using technology from Finastra to create brand new digital channels. Plaid made headlines this week with its new open banking platform, Plaid Exchange.

Innovation 98

Innovation Branding Technology Company 98

BankInovation

JULY 24, 2020

The tech-focused market research company Forrester recently reported in “The New Unstable Normal: How COVID-19 Will Change Business and Technology Forever,” that the effects of the pandemic could be permanent. As the COVID-19 pandemic alters the world, financial services are reacting in turn. In the short term: 1.

Technology 90

Technology Marketing Report Company 90