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MortgageTech Owns the Stage at Finovate Spring, Day 2

Bank Innovation

SAN JOSE, Calif. It makes sense that fintech startups are taking on mortgages, but the uptake has been slow — until today. — Getting a mortgage is a terrible experience. It is expensive and time-consuming, and a lot of work to gather documents and data.

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Investing, Authentication, and a Few Bots Take the Stage at Finovate

Bank Innovation

SAN JOSE, Calif. Not all were startups (IBM) and not all were really fintech (Quid). All of them did their best to impress a passionate crowd of 1,500+ fintech fanatics. — Thirty-nine companies demoed their products to the crowd at Finovate Spring today. Here’s our take on the demos from Read More.

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PayPal Sells Consumer Loans to Long-Time Partner Synchrony Financial

Bank Innovation

Yesterday, the San Jose, Calif-based PayPal said it agreed to sell $5.8 Payments company, PayPal will sell its U.S. consumer loan portfolio to Synchrony Financial. billion in consumer credit receivables to Stamford, Conn-based Synchrony Bank, a unit of Synchrony Financial. Synchrony Bank has been PayPal’s banking partner since 2004.

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Investments, Financial Management, and Even Some Virtual Reality: Finovate Day 2

Bank Innovation

SAN JOSE, Calif. – Day 2 of Finovate saw a seeming parade of wealth management and investment solutions, but the final one included a new twist — virtual reality. Was it a bit frivolous? Was the use case far-fetched, strained, even bizarre? Could be, but the audience appreciated it anyway simply Read More.

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Finovate Spring: A Focus on the Practical

Celent Banking

Finovate Spring 2017 has just finished up in San Jose; go to the Finovate blog at [link] for an official list of the best in show winners. The presenting roster was down to 59 companies from 72 last year in San Jose. Practicality. There were few gee-whiz, wildly futuristic presentations.

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Finovate, FinDEVr Alums Among Winners of 2016 Fintech Innovation Awards

Fintech Labs Insights

Of the 15 first place prizes awarded this month in the 2016 Fintech Innovation Awards , five went to Finovate/FinDEVr alums. Fintech Leader of the Year: Zopa Executive Chairman and Co-Founder, Giles Andrews – FinovateSpring 2008. ” Innovation in Data Solutions: Nomis Solutions – FinovateSpring 2012.

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FinovateSpring Sneak Peek: AFS

Fintech Labs Insights

A look at the companies demoing live at FinovateSpring on April 26 & 27 in San Jose. AFS is the only provider that has an agile, out-of-the-box, commercial lending solution geared for growth – AFSVision – that is mobile and digital, operating in real-time. Pick up your tickets today and save your spot.