Bank Innovation

JUNE 8, 2018

What is the state of banking innovation today? Bitcoin mania has died down in the fintech world, and the conversation has shifted to technologies like voice banking, payments, and alternative credit scoring. This year, the pressure for banks to innovate is high, as banks no longer […].

Innovation 220

Innovation Bitcoin Fintech Industry 220

Bank Innovation

JANUARY 22, 2019

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. Bank Innovation Ignite, March 11-12 in Seattle, offers high-level discussions and networking around the future of what’s next in banking.

Innovation 170

Innovation Seattle Fintech Technology 170

Bank Innovation

JULY 31, 2018

It might seem like blockchain has been all the rage among banks and fintech companies, but a recent Bank Innovation poll found that many of these companies don’t have any blockchain projects in the current pipeline of their innovation initiatives.

blockchain 225

blockchain Technology Innovation Fintech 225

Bank Innovation

NOVEMBER 14, 2017

The finance landscape is witnessing some significant changes and disruptions due to fintech companies, blockchain technology, and AI. Here is a […].

Innovation 284

Innovation Meeting blockchain Regulation 284

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.

San Francisco 276

San Francisco Fintech Innovation Technology 276

CFPB Monitor

NOVEMBER 7, 2022

The OCC’s announcement that it will establish an Office of Financial Technology to “bolster the agency’s expertise and ability to adapt to a rapidly changing banking landscape” should come as no surprise to those who have been following recent pronouncements of Acting Comptroller Michael J.

Financial Technology 78

Financial Technology Technology Fintech Innovation 78

PYMNTS

OCTOBER 16, 2018

In the coexisting — and sometimes colliding — worlds of FinTech and traditional financial services, a bit of collaboration often evolves. As reported by Bloomberg , the regulator at the helm of Singapore’s financials has embraced an effort to “bring together” FinTech firms and banks there.

Fintech 188

Fintech Regulation cryptocurrency Innovation 188

PYMNTS

JULY 22, 2020

FinTech TradeCore rolled out a platform that helps new financial institutions (FIs) launch quickly and easily, according to a Financial IT report. CEO Stefan Pajkovic founded the company to help emerging FinTechs find their way through the industry’s regulations and licensing requirements.

Fintech 130

Fintech Compliance Regulation cryptocurrency 130

PYMNTS

NOVEMBER 29, 2018

The allure of blockchain was its potential to be a catch-all solution, but as innovators take a more practical approach to introducing the technology to the real world, its true opportunity may lie in addressing highly specialized, unique points of friction. trillion by 2025. trillion by 2025.

cryptocurrency 135

cryptocurrency blockchain Industry Technology 135

Bank Innovation

FEBRUARY 13, 2018

For all buzz around cryptocurrency and blockchain technology, surprisingly, the top U.S. banks when it comes to fintech investment is personal finance, according to a report by CB Insights. […]. banks have not been investing as much in these areas as much as one might have thought.

Fintech 186

Fintech cryptocurrency blockchain Technology 186

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.

Innovation 150

Innovation Seattle Fintech US 150

PYMNTS

APRIL 29, 2020

The volatility of cryptocurrencies and their existence in what’s often a grey area of regulatory compliance make businesses operating in this sector an unattractive target for traditional financial institutions. ius noted, this is often because the heart of the cryptocurrency industry is often at odds with the nuances of regulation.

cryptocurrency 283

cryptocurrency Compliance Regulation Payments 283

PYMNTS

JULY 27, 2018

We’ve launched this cryptocurrency trading facility in response to demand from our user base,” said TransferGo Founder and CEO Daumantas Dvilinskas. The idea behind the service is to provide customers with a familiar environment to invest in cryptocurrencies.

cryptocurrency 108

cryptocurrency Bitcoin Mobile Policies 108

Bank Innovation

OCTOBER 16, 2017

Multinational tech mogul IBM is working with blockchain startup Stellar to establish a cross-border payment system, which will allow banks to use the technology. By using this technology, banks will be save both time as well as costs on the transfer process.

blockchain 170

blockchain Technology cryptocurrency Payments 170

Insights on Business

JULY 26, 2018

IBM RegTech Innovations. One of the best things about working at IBM—and in the RegTech field in particular—is meeting daily with the engineers and developers who are driving technological innovation in the financial industry. Those types of capabilities are very difficult to achieve without using blockchain technology.

blockchain 151

blockchain Innovation Customer Experience Compliance 151

Gonzobanker

MARCH 9, 2022

The unicorns of core banking systems have been running wild the past few weeks, and these frothy deals signal a future shift in how executives should view the world of financial technology. billion (~30 times revenue) in stock was part of SoFi’s ambitious vision to become the “AWS of Fintech.” Response From The Other Two Big 3 Players.

Financial Technology 149

Financial Technology Technology Fintech Community 149

ABA Community Banking

APRIL 13, 2023

How can community bank emerging leaders take initiative in innovation? Tim Shangle advises bankers to take small steps and explore what new technologies can do. The post Podcast: The just-do-it mindset in community bank innovation appeared first on ABA Banking Journal.

Community Bank 98

Community Bank Community Innovation Technology 98

PYMNTS

OCTOBER 17, 2018

Corporate treasurers have said they’re interested in a slew of cutting-edge FinTech solutions that experts believe will disrupt financial business management. These professionals widely agreed that positive disruption is on the horizon as a result of FinTech.

Fintech 177

Fintech Survey Analytics Tools 177

PYMNTS

MARCH 6, 2018

s exit from the bloc next year, the EU’s executive is set to propose a draft law aimed at boosting the FinTech market throughout the region. According to news from Reuters , a document by the European Commission revealed that the law would enable the FinTech sector to grow through crowdfunding and common blockchain technology standards. “An

Fintech 136

Fintech blockchain Maine Guidelines 136

PYMNTS

OCTOBER 16, 2019

The governor of the Bank of England said he doesn’t think new financial technologies (FinTechs) will cause central banks to be obsolete. He cited advances in the field, like electronic payments in China that have made huge leaps in terms of people using the technology. He said that regulation is an important aspect of the field.

Fintech 116

Fintech cryptocurrency Regulation System 116

PYMNTS

DECEMBER 30, 2020

At a time when 90 percent of Americans have never owned bitcoin and nearly 70 percent say they have no plans to do so in the future, the thought of widespread adoption and usage of cryptocurrency seems to be a distant prospect for most people. Janet Yellen supports blockchain as a technology. to take center stage. Bitcoin is awesome.

Bitcoin 268

Bitcoin cryptocurrency blockchain Innovation 268

PYMNTS

FEBRUARY 28, 2020

Committee Chairwoman Nydia Velázquez said, according to the report, “it is vital that Congress keep pace with the evolving needs of our country’s innovative small businesses.” The “Building Blocks of Change: The Benefits of Blockchain Technology for Small Businesses” hearing will be held on March 4 at 11:30 a.m.

blockchain 249

blockchain US Innovation Lending 249

PYMNTS

JULY 4, 2018

FinTech startups and big tech may provide competition for established banks that have bad loans on the books, The European Banking Authority (EBA) said on Tuesday (July 3). In addition, the EBA said banks might be burdened with old technology, Reuters reported. s exit from the bloc next year.

Fintech 105

Fintech Guidelines blockchain cryptocurrency 105

Bank Innovation

JANUARY 2, 2019

All that is changing due to emerging technologies. The banking industry is facing many unprecedented challenges due to the rise of financial technology companies. For quite a long time, traditional brick and mortar banks only had to worry about making money and being profitable.

Technology 282

Technology Financial Technology Operations Industry 282

PYMNTS

FEBRUARY 13, 2019

South Korean cryptocurrency exchange Bithumb announced the launch of its own fiat-to-crypto exchange in the United Arab Emirates (UAE) with UAE-based firm Nvelop. While European blockchain technology companies saw a record year in VC investment in 2018, new data shows that they still didn’t receive as much funding as FinTech companies.

blockchain 128

blockchain Fintech Bitcoin cryptocurrency 128

PYMNTS

NOVEMBER 18, 2020

Collaboration and not competition, Visa’s Senior Vice President, Global Head of FinTech Terry Angelos told Karen Webster in a discussion on the recent advancements and updates to Visa’s Fast Track program , is quite evident — particularly when one observes that a number of Visa’s partners are many that, on paper, might appear to be competitors.

Fintech 184

Fintech Community Community Bank Meeting 184

PYMNTS

FEBRUARY 15, 2018

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. Regulatory News, of the Global Type. of India.

Washington 101

Washington Regulation Conference Fintech 101

Bank Innovation

AUGUST 3, 2018

Many large banks describe themselves as equal parts technology firms as they are financial services companies, but then shouldn’t they have relevant patents backing that notion? In fact, a new report showed that technology company IBM has five times more fintech patents than the world’s 15 largest banks combined.

Fintech 186

Fintech Technology Report Company 186

PYMNTS

JANUARY 29, 2018

Bitcoin grabs the headlines, but as investors rush to jump on the cryptocurrency bandwagon, there are other market forces at play ready to make an impact in cross-border payments – today. As these burdens on SMBs mount, FinTech stepped in to try to tackle the problem. With initiatives like Open Banking in the U.K.

blockchain 102

blockchain Innovation Payments cryptocurrency 102

PYMNTS

DECEMBER 19, 2019

In today’s top news, Indian FinTech ZestMoney raises $15 million, the latest in a $63 million Series B funding round, and Federal Reserve Gov. Lael Brainard outlines the key risks posed by cryptocurrency. Indian FinTech ZestMoney Raises $15M Led by Goldman Sachs. Indian FinTech ZestMoney Raises $15M Led by Goldman Sachs.

Miami 130

Miami Fintech Apple cryptocurrency 130

PYMNTS

AUGUST 12, 2020

Mastercard is expanding its Accelerate financial technology (FinTech) portfolio and is adding 11 companies to its Start Path startup engagement program, according to a Wednesday (Aug. The company said its efforts recognize “the important role FinTechs play in the world’s rapid digital transformation.”. 12) announcement.

Fintech 163

Fintech Innovation cryptocurrency blockchain 163

Abrigo

MARCH 7, 2022

Cryptocurrency In general, traditional financial institutions have a low risk tolerance for banking cryptocurrency. Few banks and credit unions are settling cryptocurrency accounts, posing a higher risk for illicit activity. Once the risk is assessed, create procedures around the residual risk.

cryptocurrency 195

cryptocurrency Regulation Fraud Policies 195

Bussman Advisory

DECEMBER 4, 2021

The latest edition of the FinTech Ecosystem Newsletter is here : Interested in FinTech or Digital Assets related Advisory or Workshop? Do you want your board, executives or staff to better understand the impact of FinTech, Blockchain or Digital Assets on the future of finance?

cryptocurrency 52

cryptocurrency social media Company Fintech 52

Bank Innovation

MAY 17, 2018

At the JPMorgan Technology, Media and Communications conference in Boston yesterday, Kelly said: Remember blockchain actually is not very good about facilitating low-value high-volume scale transactions, which is the core of what we do. […].

blockchain 199

blockchain Technology Boston Conference 199

Bussman Advisory

SEPTEMBER 24, 2021

The latest edition of the FinTech Ecosystem Newsletter is here : The post JPMorgan to replace US core banking system with Thought Machine | China bans all cryptocurrencies | Fantasy soccer NFT platform Sorare scores $680m appeared first on Bussmann Advisory AG.

cryptocurrency 52

cryptocurrency System social media US 52

Bank Innovation

MARCH 11, 2019

Fintech funding is significantly on the rise. CB Insights' 2018 Q4 report showed a $21 billion, or 120% total increase in fintech funding from 2017 to 2018. Here are three noteworthy investments from the past week that caught Bank Innovation’s attention: 1: Chime Raises $200 […].

Fintech 199

Fintech Report Capital cryptocurrency 199

PYMNTS

OCTOBER 29, 2019

The rise of blockchain technology was accompanied by that of cryptocurrencies, but innovation in blockchain technology does not mean we should speculate in virtual currencies.”. Two years ago, Chinese regulators banned cryptocurrency and trading exchanges.

Bitcoin 103

Bitcoin blockchain cryptocurrency Lending 103