PYMNTS

OCTOBER 23, 2017

When IT Becomes a Drag on Innovation. FIs want to innovate – 97 percent of banks and credit unions surveyed told PYMNTS they have focused on innovation over the past three years. Thirty-six percent of FIs say their existing IT infrastructures made payments innovation hard or very hard. So, what’s stopping them?

Innovation 131

Innovation Trends Survey Maine 131

PYMNTS

JANUARY 24, 2018

The financial services industry is no stranger to innovation, but it increasingly appears that change in the space is being driven by outsiders instead of the financial heavyweights. Traditional banks and FIs can either keep up with the pace of innovation or risk losing customers to disruptive innovators.

Innovation 144

Innovation Data Innovation Strategies Fintech 144

ATM Marketplace

AUGUST 24, 2021

Fintech companies are continually developing innovative strategies to reach out to a changing customer base during uncertain times. 13 to 15, will deliver multiple sessions on fintech strategies and how to use them. The Bank Customer Experience, being held in Chicago from Sept.

Customer Experience 127

Customer Experience Strategy Fintech Innovation Strategies 127

PYMNTS

SEPTEMBER 17, 2019

There is a mountain of friction in commercial payments today that seems to have held the industry back from the kind of rocket-pace innovation propelling retail and consumer payments into the future. Opaque payments moving sluggishly across borders and between banks. Thinking Beyond the Payer. That’s a pretty significant change.

Innovation 132

Innovation Payments Cards Industry 132

Bank Innovation

DECEMBER 19, 2019

Small business lending company OnDeck is expanding its ecosystem of products. Through its application for a bank charter, the company wants to become a full-service digital bank for small businesses it says are overlooked by traditional banks.

Community 360

Community Lending Innovation Digital Banking 360

BankInovation

AUGUST 7, 2020

At the start of the year, Bank Innovation predicted, “if 2019 was the year of the challenger bank, 2020 will be the year payments companies move closer to bank territory.” But as 2020 would have it, not much is what it seemed at the beginning of the year, with the coronavirus pandemic disrupting the fintech […].

Innovation 98

Innovation Fintech Banking 2020 Payments 98

Bank Innovation

MARCH 31, 2020

employees, according to a company spokesperson. The company also said it is closing its Bangalore office, while the executive team is taking a considerable pay cut.? Kabbage told Bank Innovation earlier this month the company had more than 500 employees. The company didn’t […].

Innovation 259

Innovation Company Innovation Strategies Strategy 259

Bank Innovation

MARCH 4, 2020

Payitoff, a white-label platform that provides automated guidance on student loan repayment, won the 2020 Bank Innovation Ignite DEMOvation contest.

Innovation 243

Innovation Company Customer Experience Innovation Strategies 243

Perficient

MARCH 8, 2023

According to Forrester , companies in the top quartile for gender diversity are 21% more likely to have above-average financial returns. The program has 10 courses in topics including business finance, digital marketing, and innovation strategy. Consider women more mindfully in marketing efforts.

Innovation Strategies 275

Innovation Strategies Study Marketing Leadership 275

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. In the U.S.

Innovation 160

Innovation Security Data Innovation Strategies 160

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

MARCH 4, 2020

Payitoff, a white-label platform that provides automated guidance on student loan repayment, won the 2020 Bank Innovation Ignite DEMOvation contest. With the win, Payitoff has been awarded an advertising package on Bank Innovation worth $10,000. We liked that the company was addressing a real, […].

Innovation 195

Innovation Fintech Company Customer Experience 195

Bank Innovation

JANUARY 22, 2020

Chief Operating Officer Paul-Henri Ferrand told Bank Innovation that the company aims to add insurance, lending and treasury products. “We’re building our operating system around our real-time underwriting and our financial stack. We think we can […].

Lending 273

Lending Innovation Cards Operations 273

BankInovation

JUNE 9, 2020

Vanessa Colella, Citibank’s chief innovation officer and head of Citi Ventures, will sit down for a fireside chat at Bank Innovation Build, which takes place from Sep. Now, more than ever, companies of all sizes need to make space for innovation and empower employees to ask questions, experiment and challenge […].

Innovation 64

Innovation Company Customer Experience Innovation Strategies 64

BankInovation

AUGUST 4, 2020

An evolving competitive landscape of banking and fintech has prompted TD Bank to create a new role dedicated to commercial products and innovation, tapping a digital banking industry veteran to join the bank’s ranks. Jo Jagadish is 90 days into her new tenure at TD, the company announced last week, stepping in as the head […].

Innovation 59

Innovation Digital Banking Fintech Industry 59

Bank Innovation

JANUARY 16, 2020

MUFG Union Bank is on track to move to a cloud core banking infrastructure system within two years, an initiative that will let the bank build and release new products more quickly, the company told Bank Innovation this week.

Innovation 259

Innovation System Security Data 259

Independent Banker

NOVEMBER 30, 2022

In 2022, ICBA’s award-winning ThinkTECH Accelerator program reached more community banks with innovative solutions and partnerships than ever before. To build on these successes, ICBA announced plans to bring the ThinkTECH Accelerator program in-house with a new, dedicated office based in the innovation hub of Atlanta.

Community Bank 99

Community Bank Community Innovation Atlanta 99

PYMNTS

MAY 29, 2020

The Tracker also analyzes the challenges established FIs are facing to innovate their platforms and why these banks must fundamentally shift their innovation strategies to meet these challenges. Why Cloud Computing Is Critical To Banking Innovation. Developments Around The Cloud Banking World.

Digital Banking 230

Digital Banking Innovation Online Technology 230

Bank Innovation

DECEMBER 12, 2019

The company currently offers credit cards for e-commerce companies, a product that was first launched in February. Chief Financial Officer Michael Tannenbaum told Bank Innovation […].

Capital 221

Capital Innovation Cards Company 221

Bank Innovation

OCTOBER 29, 2019

Digital banking brand Varo has 1 million customers, and is pushing ahead with plans to become a nationally-chartered bank early next year, CEO Colin Walsh told Bank Innovation Tuesday.

National 284

National Innovation Digital Banking Branding 284

Bank Innovation

JANUARY 16, 2020

MUFG Union Bank is on track to move to a cloud core banking infrastructure system within two years, an initiative that will let the bank build and release new products more quickly, the company told Bank Innovation this week.

Innovation 243

Innovation System Security Data 243

Bank Innovation

JANUARY 14, 2020

billion acquisition of data aggregator Plaid puts the company’s tool set at the center of financial services innovation. Visa‘s $5.3 The move embeds Visa deeper into the payments infrastructure, allowing it to expand its footprint and diversify its product and service offerings.

Fintech 243

Fintech Tools Innovation Data 243

BankInovation

SEPTEMBER 2, 2020

Bank Innovation is pleased to announce today the launch of the Emerging Fintech Directory, a database that houses hundreds of engaging and emerging fintech startups. The all-new Emerging Fintech Directory is the central hub for financial services and innovation executives to explore new companies that are at the cusp of banking innovation.

Innovation 52

Innovation Fintech Company Innovation Strategies 52

Bank Innovation

OCTOBER 28, 2019

In a report about global data responsibility, the payments company outlined six guiding principles that companies can abide by when protecting their customers’ data. Mastercard’s principles include security and privacy, transparency and control, accountability, integrity, innovation, and social impact. […].

Security 199

Security Data Innovation Report 199

Bank Innovation

JANUARY 17, 2020

MUFG Union Bank is on track to move to a cloud core banking infrastructure system within two years, an initiative that will let the bank build and release new products more quickly, the company told Bank Innovation this week.

Innovation 195

Innovation System Security Data 195

BankInovation

JUNE 25, 2020

The Fintech Consortium Governance Committee is a cluster of technology companies and financial institutions that promotes collaboration and idea sharing within Sacramento’s financial services ecosystem, according to panelists during a webinar hosted by the Greater Sacramento […].

Sacramento 87

Sacramento Fintech Innovation Technology 87

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

PYMNTS

FEBRUARY 23, 2020

To offer expanded services as it pursues a digital innovation strategy of harnessing partnerships to provide an enhanced customer experience, Fifth Third is teaming with Fundation for small business loans. Companies that lack access to capital are not able to grow their operations or have had to cut their headcounts.

Customer Experience 130

Customer Experience Innovation Strategies Guidelines Meeting 130

PYMNTS

OCTOBER 13, 2016

Goulder has a long established track record of pushing for innovative strategies to operating tactics and leading organizational change, according to a company statement. Before taking the helm of Jo-Ann’s supply chain operations, Goulder led the North American consumer supply chain practice at McKinsey & Company.

Innovation Strategies 100

Innovation Strategies Operations Strategy Management 100

Bank Innovation

AUGUST 16, 2019

The nine-year-old company plans to continue to develop its “partnership strategy,” Bernard Martinez, U.S. managing director at Funding Circle, told Bank Innovation. the company is “very focused” on partnerships aimed at […]. In the U.S.,

Strategy 150

Strategy Lending Innovation Management 150

PYMNTS

AUGUST 29, 2017

The company plans to debut in-store maps leading consumers to where Cartwheel deals are, and will eventually also bring a mobile payment option to the app by early 2018, according to TechCrunch. The move is the latest in Target’s quest to boost its innovation strategy.

Maine 100

Maine Innovation Strategies Strategy Digital Strategies 100

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

Jamie Warder, head of digital banking for KeyBank , noted that challenger banks’ newfound popularity may be forcing legacy institutions to innovate, granting them more opportunities to better engage and serve customers. “At Legacy Banks and the Innovation Game. where they are measuring their services against legacy FIs.

Innovation 109

Innovation Digital Banking Fintech US 109

Bank Innovation

FEBRUARY 9, 2020

Bank of America obtained more patents last year than any other year in the history of the company. In 2019, company obtained 418 patents, a 31% increase over the prior year. According to the bank, patents protect the bank’s tech investments.

America 369

America Technology Company Innovation Strategies 369

Bank Innovation

DECEMBER 24, 2019

If 2019 was the year of the challenger bank, 2020 will be the year payments companies move closer to bank territory. Marqeta, the card issuing and processing startup supporting the capabilities of large companies like Kabbage and Square, sees 2020 as a big year for payments companies branching out into banking.

Banking 2020 341

Banking 2020 Cards Payments Company 341

Bank Innovation

JANUARY 29, 2020

With nearly 200 startups, five major banks, 19 venture capital firms and representation from large tech companies like Google, Facebook, PayPal, Toronto is quickly becoming a center for fintech entrepreneurship.

Meeting 364

Meeting Fintech Study Google 364

PYMNTS

MAY 28, 2018

According to Chain Store Age , the criteria for the award include successful development and executions of product, store, online and service innovation strategies; delivery of an outstanding in-store experience; excellent customer service; and strong financial performance. Founded in 1909 by American businessman H.

Innovation Strategies 102

Innovation Strategies Strategy Capital Groups 102