BankInovation

JUNE 25, 2020

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

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Sacramento Fintech Innovation Technology 87

Bank Innovation

DECEMBER 13, 2019

Smaller banks and credit unions are under increasing pressure from larger banks and tech-centric financial services companies. New data shows why significant gaps in mobile banking capabilities are complicating these FIs’ struggles to keep up.

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Mobile Data Technology Trends 300

Bank Innovation

SEPTEMBER 23, 2019

Tom Eck, Global Chief Technology Officer of Industry Platforms at IBM, told Bank Innovation that the number of startups in Catalogue is a result of significant effort on the part of the technology […].

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Fintech Software Innovation Industry 231

Bank Innovation

FEBRUARY 10, 2020

As banks continue to explore best practices around handling customer data, insight from core technology provider Fiserv suggests open banking can help banks compete with fintechs and large incumbents alike. “By

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Innovation Fintech Data Technology 284

Bank Innovation

OCTOBER 24, 2019

Technology and the rise of fintechs have called into question almost every traditional banking model, requiring banks to either adapt or be left behind. In today’s digital age, some banks have been slow to innovate or to create a more […].

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Innovation Fintech Industry Technology 253

Bank Innovation

APRIL 7, 2020

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

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Financial Technology Innovation Fintech Technology 259

BankInovation

DECEMBER 31, 2020

WSFS Bank and Google Cloud named new technology and security chiefs while API provider Galileo appointed a chief revenue officer, and automated investing platform Wealthfront filled out its banking advisory group with regulatory heavyweights. Here are the most notable December hires: WSFS taps new […].

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Fintech Google Innovation Groups 80

BankInovation

NOVEMBER 30, 2020

Meanwhile, smaller players like BankMobile and Stash added key technology posts, and a SaaS fintech landed a major industry vet as its chairman of the board. November saw new ventures and hires at some of the country’s largest financial institutions.

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Fintech Groups Industry Technology 69

PYMNTS

MAY 29, 2020

Financial institutions (FIs) have been adapting their platforms and technologies to better suit the needs of more digital consumers for decades, but the coronavirus has placed new importance and pressure on accelerating these efforts. Developments Around The Cloud Banking World. Developments Around The Cloud Banking World.

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Digital Banking Innovation Online Technology 230

BankInovation

SEPTEMBER 9, 2020

Banks and fintechs rejigged their digital roadmaps during the initial sting of the pandemic and, six months later, continue to re-evaluate their backlog of technology projects and ventures, panelists said at the Bank Innovation Build conference today.

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Fintech Conference Innovation Technology 59

PYMNTS

JULY 23, 2020

This is just one of many questions PYMNTS, in collaboration with PSCU , set out to answer in the Credit Union Innovation Playbook: Card Trends Edition. We surveyed 3,098 consumers, 100 CU decision-makers and 50 FinTech executives from across the U.S. Moreover, 89.4 percent between February and May.

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Innovation Report Cards California 174

The Financial Brand

SEPTEMBER 9, 2021

Current isn't just another fintech. Equipped with all its own technology, the neobank's Gen Z strategy targets legacy institutions. The post Fintech Success Story: How ‘Current’ Is Rising To Be The #2 Neobank appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Fintech Banking Trends Analysis Strategy 43

Bank Innovation

NOVEMBER 15, 2019

While large consumer-facing fintech companies like Square, Klarna, Affirm and others tout speed and efficiency of their user experiences, card issuing and processing startup Marqeta‘s technology supports their payment capabilities, with its APIs allowing […].

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Tools User Experience Cards Fintech 170

PYMNTS

JULY 31, 2019

However, financial institutions (FIs) are getting better at separating vital areas of innovation from the hype. Banks are increasingly focusing on the fundamentals when determining their innovation agendas. Payment technology is in many ways the flagship among the fleet of innovations that banks are pursuing.

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Innovation Report UX User Experience 151

The Financial Brand

FEBRUARY 1, 2022

The post Four Technology Trends Radically Altering the Banking Model appeared first on The Financial Brand - Banking Trends, Analysis & Insights. 2022 looks to be a turning point for the industry amid the rise of platform business models, ecosystems, AI and end-to-end digitization.

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Trends Technology Banking Trends Analysis 40

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. What I think these FinTechs can do is focus on one area. Each institution tends to approach this differently, however.

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Innovation Digital Banking Fintech US 109

The Financial Brand

JULY 11, 2021

Banks and credit unions should view trends in the fintech space to determine where threats and opportunities exist and where resources should be deployed. The post 8 Fintech Trends Changing Banking Forever appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Trends Fintech Banking Trends Analysis 43

BankInovation

JUNE 29, 2020

Vanguard and blockchain provider Symbiont are one step closer to integrating blockchain technology into foreign-exchange (FX) forwards processes across a network of a dozen banks, brokerages and asset managers.

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blockchain Fintech Management Technology 64

BankInovation

OCTOBER 28, 2020

October has seen many new hires in banking and technology around the industry. Big banks like Fifth Third, U.S. Bank and Truist all made major hires, while vendors like Nymbus and Neocova put new personnel in leadership positions.

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Miami Leadership Software Fintech 75

The Financial Brand

MAY 19, 2021

The post Can Traditional Banks Keep Pace With Fintech Challengers? The rise of digital challengers drives a rethinking of outdated business models and a new perspective on how to make a bank future-ready. appeared first on The Financial Brand.

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Fintech Branding How To Customer Experience 40

The Financial Brand

SEPTEMBER 21, 2021

The post Banking-as-a-Service Sharply Alters the Roles of Banks and Fintechs appeared first on The Financial Brand - Banking Trends, Analysis & Insights. BaaS' is redefining when and where all types of companies provide financial services. There are huge implications for legacy institutions.

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Fintech Banking Trends Analysis Trends 43

Bank Innovation

DECEMBER 24, 2019

Financial technology startups will enter the next decade with a little more street cred than the last time around. Nearly 60 upstarts focusing on financial services — from Stripe Inc. to Chime Inc. to Plaid Inc. — have garnered valuations of more than $1 billion in recent years, according to CB Insights.

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Financial Technology Technology Innovation Strategies Apple 332

The Banker Technology

MAY 2, 2018

Société Générale’s head of innovation for the UK, Anthony Woolley, talks to Joy Macknight about accelerating the French bank’s digital transformation through an open innovation strategy inside and outside the organisation.

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Innovation Innovation Strategies Fintech Strategy 28

PYMNTS

SEPTEMBER 17, 2019

Yes, there are more solutions available, and yes, new FinTechs are emerging to challenge the status quo and entice traditional banks to innovate. Phalen pointed to one financial institution partner of Visa that recently exemplified how FIs have made drastic changes in their payments innovation strategies.

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Innovation Payments Cards Industry 132

PYMNTS

JULY 18, 2019

Depending on where you look, the chasm yawns wide when it comes to innovating with new technologies or features. In a PYMNTS interview with Karen Webster, Joe DeRosa, EVP of Global Sales at i2c , discussed the findings of the July 2019 Innovation Readiness Playbook , subtitled “Leveling the Playing Field for Different-Sized FIs.”

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Innovation Study Technology Millennials 155

PYMNTS

MAY 31, 2018

They are also the FIs that allocate the majority of their budget and other resources to testing those innovations. But testing new technologies is a complex, intensive process, which can take on a variety of forms. The decision of how to go about testing new technologies can be daunting. So what’s an FI to do?

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Innovation Data Innovation Strategies Community Bank 116

BankInovation

SEPTEMBER 11, 2020

The coronavirus pandemic has undoubtedly altered the financial services technological landscape, but which changes will be permanent after the pandemic ends?

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Conference Innovation Retail Fintech 98

PYMNTS

NOVEMBER 20, 2019

Cybercriminals are commonly using the same technologies to design and develop nefarious attacks, such as the botnet Mirai and malware like Deep Locker, which used AI and facial recognition to identify targets through factors like geolocation and online behavior. “I Scotiabank’s Three-Pronged Innovation Strategy.

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Fraud Data Management Analytics 117

PYMNTS

JULY 1, 2019

When it comes to technological innovation, however, the smaller players have long been outgunned by larger FIs and their sizable IT budgets. Today, small banks are more aggressive and ambitious in their innovation strategies than medium-sized and large FIs. This is changing — in a big way. percent will focus on this area.

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Innovation Innovation Strategies Survey Groups 157

PYMNTS

JUNE 1, 2020

It is not the technology itself that is important, however, but the strategy behind it. This is similar to the card aggregation solutions that fellow FinTech Curve offers. The second] is the added security because obviously, as a bank, security is paramount, and [third], it allows for new technologies to be deployed rapidly.”.

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Innovation Strategy Innovation Strategies Security 132

ABA Community Banking

JUNE 17, 2019

A new way for banks to get their innovation strategies off the ground. The post Getting Ahead of the Innovation Game appeared first on ABA Banking Journal.

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Innovation Innovation Strategies Strategy Leadership 55

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'

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Innovation Strategies Strategy Fintech Innovation 30

BankInovation

MAY 5, 2020

Last week, the team at INV Fintech, Bank Innovation’s sister innovation platform, met with the innovation team at a large bank — by Zoom, of course.

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Innovation Course Operations Fintech 69

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 companies focus on a variety of use cases including customer acquisition, loan underwriting technology, conversational AI, fraud prevention, and other digital capabilities.

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Innovation Seattle Fraud Technology 221

PYMNTS

AUGUST 17, 2017

For American regional financial services company Bank of the West, a division of international bank BNP Paribas, striking the right balance has meant seeking collaborations with competitors in the FinTech space instead of focusing on a digital-only approach. Among the participating FinTechs are Payso, SnapCheck and Token.

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Millennials Digital Banking San Francisco Fintech 132

BankInovation

JUNE 17, 2020

Pagaya, a four-year-old fintech that uses AI to guide institutional investing, announced a $102 million Series D today. Technology is starting to unlock things that have traditionally sat on the balance sheet of banks and put them into institutional investors’ hands,” said Ed Mallon, […].

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Fintech Technology Customer Experience Innovation Strategies 64

The Financial Brand

OCTOBER 13, 2021

The integration of finance and digital technology has resulted in exponential growth of digital banking and fintech solutions. The post Digital Finance Penetration Surpasses That Of Social Media appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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social media Banking Trends Analysis Digital Banking 43