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Fintech Unfiltered: Inside HSBC Bank USA’s Lofty Innovation Strategy for 2018 [Podcast]

Bank Innovation

As a part of its retail transformation strategy, HSBC Bank USA spent over $130 million on innovation projects in one year on its U.S. operations. These projects range from less visible, but equally important, system upgrades on the back-end and more visible ones like installing Softbank’s robot Pepper in its New York flagship.

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Fifth Third’s Fintech Efforts Seen Generating $100 Million of Annual Revenue

Bank Innovation

PREMIUM - The digital and innovation strategy behind Fifth Third, one the largest regional banks in the country, is simple: build, buy, partner. That strategy has worked well for the bank.The company told Bank Innovation that it has invested $100 million in fintech over the past 22 months and that it expects to make about […].

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Acorns CEO Noah Kerner Attributes Growth to Keeping Things Simple

Bank Innovation

If there’s one word that describes the abiding value of investment platform Acorns’ innovation strategy, that’s the word, according to its CEO Noah Kerner, who is currently gearing up to launch Acorns Later in the coming weeks. EXCLUSIVE- Simplicity.

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What Legacy FIs Miss About The Need For Cloud-Based Infrastructure

PYMNTS

Allowing customers uninterrupted access to their online financial accounts and processing digital payments quickly is critical during this time as brick-and-mortar branches are either closed or on limited hours. Developments Around The Cloud Banking World.

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Where Credit Unions Invest To Get The Best ROI

PYMNTS

In many cases, it also requires partnering with emerging FinTechs that are able to quickly deliver the innovations members want most. The new service, Flex Loan, is being offered by SkyPoint Federal Credit Union and was established through a partnership with cloud-based mobile lending platform QCash Financial.

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Why BofA, not Fintechs or Amazon, Should Keep Bankers Awake at Night

The Financial Brand

Senior executives reveal eye-opening digital growth statistics as the megabank unveils new mobile banking features and branch and ATM plans. The post Why BofA, not Fintechs or Amazon, Should Keep Bankers Awake at Night appeared first on The Financial Brand.

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Why Bunq Banks On The Cloud For An Innovative Edge

PYMNTS

Losing customers can be as easy as experiencing one too many online glitches, however, which can drive clients into the competition’s arms. This is similar to the card aggregation solutions that fellow FinTech Curve offers. The third benefit is becoming critical to the evolving banking industry.