CFPB Monitor

MAY 21, 2021

The California Department of Financial Protection and Innovation announced earlier this month that it has hired Christina Tetreault to lead the new Office of Financial Technology and Innovation. Tetreault most recently served as Manager of Financial Policy for Consumer Reports.

Financial Technology 78

Financial Technology Innovation Technology California 78

Bank Innovation

JANUARY 11, 2019

Distributed ledger technology will be crucial to innovation in digital banking this year, according to a poll conducted by Bank Innovation. For the December poll, Bank Innovation asked readers to name a technology, aside from the obvious - artificial intelligence, that would be most prominent in 2019.

Financial Technology 170

Financial Technology Technology Innovation Digital Banking 170

CFPB Monitor

DECEMBER 4, 2023

Tomorrow, the House Financial Services Committee’s Subcommittee on Digital Assets, Financial Technology and Inclusion will hold a hearing entitled “Fostering Financial Innovation: How Agencies Can Leverage Technology to Shape the Future of Financial Services.” The witnesses will be: Valerie A.

Innovation 78

Innovation Financial Technology Policies Compliance 78

PYMNTS

MARCH 13, 2017

The average small business considers itself a “moderate” user of technology, according to the PYMNTS.com SMB Technology Adoption Index. Only 13 percent say they’re willing to jump on the innovation bandwagon. 70 percent of SMEs didn’t use tax software in 2016 , found Office Depot in its most recent Small Business Index survey.

Financial Technology 127

Financial Technology Technology social media Taxes 127

Bank Innovation

MAY 30, 2018

It turns out nations beyond America today are increasingly generating more significant financial technology innovation, especially in artificial intelligence. Location matters. Even in fintech. Canada is an example.

Innovation 253

Innovation Fintech America Financial Technology 253

Bank Innovation

JUNE 27, 2019

On Tuesday, Beth Knickerbocker, the chief innovation officer for the Office of the Comptroller of the Currency (OCC), delivered testimony to the House of Representatives' Task Force on Financial Technology. The Innovation Pilot Program would […].

Innovation 170

Innovation Report Financial Technology Fintech 170

Bank Innovation

APRIL 29, 2019

BNY Mellon's three key financial technology executives added last month were given the directive to pursue investments and fintech partnerships in natural language processing, rule-based automation systems and robotic process automation (RPA), Bank Innovation has learned. The initiatives had previously not been disclosed.

Technology 199

Technology Financial Technology Innovation Fintech 199

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

Bobsguide

MAY 26, 2022

Generation Life – a leading life insurance company that’s been providing Australians with tax-effective investment solutions for over 18 years – has launched its innovative new lifetime income solution, known as Generation Life LifeIncome, on GBST’s cloud-based wealth administration platform, Composer.

Technology 148

Technology Management Innovation User Experience 148

Gonzobanker

JULY 21, 2021

In a recent survey of banks and credit unions about their technology vendor contracts, Cornerstone Advisors found that more than half of these financial institutions allow emotional factors to influence their negotiation processes. Technology Vendor Financials Tell the Story. And it’s costing them money. Download it here.

Technology 158

Technology Comparison Survey Financial Technology 158

Let's Talk Payments

MAY 24, 2016

If there is one region to lead the world into the next generation of financial technology innovation, it is Asia. Despite common belief spread by media coverage that the western.

Financial Technology 76

Financial Technology Technology Regional Innovation 76

PYMNTS

JULY 1, 2019

The Bank for International Settlements ( BIS ) has announced the launch of a BIS Innovation Hub to enable central banks around the world to collaborate on financial technology solutions and innovation. There is a new economy emerging driven by changes in technology, demographics and the environment.

Innovation 155

Innovation Trends Technology America 155

Payments Source

NOVEMBER 13, 2018

Policymakers and industry officials should join forces in creating regulations and standards for cryptocurrencies, artificial intelligence and other innovations before they become more widespread.

Financial Technology 61

Financial Technology Technology cryptocurrency Regulation 61

PYMNTS

JULY 10, 2020

Speaking with PYMNTS, Muller highlighted the opportunity that the cannabis space has to adopt payments and other financial technologies that have leapfrogged over legacy solutions. Muller explained that the technology augments existing rails like eCheck and ACH to enhance data capture and transmission to complete a transaction.

Innovation 210

Innovation Payments Tools Compliance 210

Bank Innovation

APRIL 7, 2020

billion deal to acquire Galileo, a financial services API and payments platform that powers big names like Chime and Robinhood. Together with Galileo, we will partner to build on our companies’ strengths to drive even greater financial technology innovation, making those products and […].

Financial Technology 259

Financial Technology Innovation Fintech Technology 259

PYMNTS

MAY 24, 2019

The Financial Crimes Enforcement Network ( FinCEN ) is launching an initiative called the FinCEN Innovation Hours Program, as a call to private sector companies that have developed tech to fight money laundering and terrorist financing, the organization said in a release. FinCEN expects to hold events in the Washington, D.C.

Innovation 124

Innovation US Metro Washington 124

Bank Innovation

MARCH 23, 2020

Financial-technology firms including PayPal Holdings Inc. Industry group Financial Innovation Now urged Congress in a letter to provide capital to online lenders including PayPal and Square Inc., government funding. and to permit the firms to […].

US 259

US Fintech Lending Capital 259

Gonzobanker

MAY 17, 2022

As technology buyers, banking executives need to up their game on tech purchases and technology performance management. For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. And you may ask yourself, ‘How do I work this?

Technology 147

Technology Regional Community Bank Community 147

Bobsguide

MAY 11, 2022

ERI is proud to announce that its digital front-to-back technology platform – the OLYMPIC Banking System – has been awarded Best Operational Efficiency Solution at the Asian Private Banker-7th Technology Awards.

Operations 106

Operations Technology Regional Financial Technology 106

PYMNTS

OCTOBER 22, 2020

A major provider of financial technology to banks, Mitek Systems said its digital identity verification software will now incorporate near-field communication (NFC) technology as well. Mitek, a top developer of digital identity verification and mobile check deposit technology, announced on Thursday (Oct.

Technology 134

Technology Comparison Security Customer Experience 134

PYMNTS

JANUARY 21, 2019

Innovation is good, but flexibility and agility count, too — as does striking while it’s hot. DBI) , an employee benefits administrator, by financial technology services company WEX. Earlier in January, WEX announced a partnership with voice technology company AI.io

Innovation 167

Innovation Trends Technology Operations 167

Bank Innovation

SEPTEMBER 26, 2019

Bank Innovation believes this will be the greatest number of APIs offered by one financial technology company. Martin Haering, chief marketing officer of Finastra, told Bank Innovation at Sibos this week that the doubling of APIs will happen within the next six months and is […].

Financial Technology 231

Financial Technology Innovation Technology Marketing 231

PYMNTS

AUGUST 8, 2019

bank Standard Chartered is expanding its network of innovation labs with the launch of an eXellerator lab in Shanghai, reports said this week. The latest lab will aim to promote collaboration between the bank’s employees, corporate clients and FinTech partners to develop new financial services for businesses.

Innovation 100

Innovation San Francisco Leadership Big Data 100

Bobsguide

OCTOBER 23, 2017

It is undeniable that the financial technology space struggles defining innovation. Innovation has become synonymous with words like new, exciting, disruptive, modern, mutative, novel – to name a few. In a recent report, the Institute of Competitiveness and Prosperity declared that.

Innovation 106

Innovation ATM Financial Technology Technology 106

Bank Innovation

FEBRUARY 21, 2018

EXCLUSIVE – Greenlight Financial Technology, a fintech startup for kids, has raised $16 million in a Series A funding round today, Bank Innovation has learned. Greenlight Technology is a combination of P2P and PFM features on a mobile app, and is unusual in that it focuses on children.

Fintech 249

Fintech Financial Technology Mobile Innovation 249

Bank Innovation

JANUARY 17, 2018

London bank Standard Chartered has created an investment unit for financial technologies and innovation, the bank reported today. Under the heading ‘SC Ventures,’ the unit will focus on the bank’s existing “minority investments in fintech,” as reported by Reuters, while also searching for new fintech investments.

Fintech 249

Fintech Financial Technology Innovation Report 249

Jack Henry

APRIL 7, 2022

Partnering with large financial technology companies can be a tremendous opportunity for fintechs to gain exposure to more financial institutions and end-users. Regardless, there’s no doubt that these mutually beneficial relationships regarding fintech in the banking industry are the future.

Fintech 148

Fintech Financial Technology Innovation Industry 148

William Mills

FEBRUARY 8, 2024

In the ever-evolving landscape of financial technology (Fintech), where innovation and competition are the norm, the ability to generate high-quality leads is crucial. For Fintech companies looking to serve financial institutions, effective lead generation is not just a strategy, it's the lifeline for sustainable growth.

Strategy 81

Strategy Fintech Financial Technology Innovation 81

Bank Innovation

MARCH 16, 2018

EXCLUSIVE—The legacy infrastructure of most banks leaves something to be desired, and payments technology provider Baton Systems wants to use the cloud, APIs, and distributed ledger technology to help.

System 186

System Financial Technology Technology Innovation 186

BankNXT

SEPTEMBER 30, 2016

The advance of technology doesn't mean everything changes for financial services overnight, or does it? Financial technology – do we really need to rip up the roads? Chris Skinner explains. on BankNXT.

Financial Technology 40

Financial Technology Technology Trends Innovation 40

Let's Talk Payments

MARCH 23, 2017

Financial technology startups – often called FinTech(s) – have been at the forefront of financial innovation, prompting the traditional banking sector to recognize these new innovative technologies and agile business.

Innovation 98

Innovation Fintech Financial Technology Technology 98

Accenture

APRIL 4, 2017

Storm clouds are gathering over the banking industry in the form of a fragmenting value chain, rapid migration to digital channels, encroaching financial technology firms, and open banking regulations. The ancient Chinese were innovators.

Technology 157

Technology Trends Survey Customer Experience 157

PYMNTS

JANUARY 26, 2017

B2B payments have a reputation for being slow to innovate , though the last couple years has challenged that notoriety. Still, according to the latest Mercator Advisory Group report on FinTech disruption, B2B payments will have to wait a bit longer to see true change from these innovations. B2B Payments Outlook.

Innovation 100

Innovation Payments Regulation Fraud 100

PYMNTS

MAY 16, 2016

The innovators at SmartStream Technologies have introduced the first solution from its SmartLabs innovation center, and it’s a tool for financial services companies to streamline the reconciliation process. This is the first offering from our SmartLabs development center,” Twiggs continued. “As

Innovation 100

Innovation Tools Financial Technology Technology 100

American Banker

NOVEMBER 30, 2023

Top tech news in November: The Office of the Comptroller of the Currency's appointee to the Office of Financial Technology comes into question, Mint's closure presents opportunities for banks, bank and fintech leaders look towards generative artificial intelligence for innovation and more.

Financial Technology 78

Financial Technology Innovation Fintech Technology 78

Bobsguide

MARCH 2, 2021

Over the last 12 months we’ve seen one of the biggest shifts in decades in financial technology – with banks accelerating the transition of their operations to the cloud. The benefits are clear: a cloud-based approach provides easy access to innovation, helps banks.

Financial Technology 160

Financial Technology Innovation Operations Technology 160

Bank Innovation

MARCH 20, 2018

EXCLUSIVE—Greenlight Financial Technology Inc., a PFM that provides “smart debit cards” to more than 100,000 users to begin financial literacy conversations with their children, is launching a credit product. Credit is interesting, investing.Read More.

Financial Technology 207

Financial Technology Cards Innovation Technology 207