Bank Innovation

FEBRUARY 19, 2018

The innovation of fintech is not limited to retail banking, according to the UK Investment Association, which today said it would launch an accelerator for fintech starts focused on AI, ML, DLT technologies in the asset management sector. Investment Association is a 240-member community.

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Bank Innovation

MARCH 7, 2018

EXCLUSIVE (SAN FRANCISCO) -- Welcome back to the fintech boom. At this time last year, fintech was in a downturn. Fintech venture funding was down more than 9% year-over-year; valuations seemed stuck. But the fintech market has rebounded.

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PYMNTS

DECEMBER 16, 2020

IBM Acquires Canadian FinTech Expertus. IBM has purchased Expertus Technologies, which is based in Canada, according to an announcement, in an effort to strengthen its hybrid cloud and artificial intelligence (AI) infrastructure in addition to its online payment strategies.

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Technology System social media Payments 240

PYMNTS

NOVEMBER 16, 2020

Group Seeks to Block Maryland Online Advertising Tax. At issue is the eCommerce retailer’s parallel responsibility to third-party merchants as an online shopping ecosystem and to itself as a competitor on the platform with rival products. Maryland legislators ratified the tax earlier in 2020, but Gov.

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PYMNTS

FEBRUARY 10, 2020

Digital payments FinTech startup Sezzle announced on Monday (Feb. Whether it’s our commitment to transparency, our flexible payment terms, our user-friendly experience, or our expanding universe of retail partners, Sezzle is definitely gaining traction as the marquee ‘buy now pay, later’ solution in the U.S.”

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Minneapolis social media Retail Payments 187

PYMNTS

FEBRUARY 5, 2020

How that will affect merchants’ online promotional activity hangs in the balance. As we know, mostly anonymous corporations have been collecting consumer data online for years, usually without explicit permission, selling it or using it for ad retargeting and personalization. That’s a bad moon rising for some Big Data operators.

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Bank Innovation

JANUARY 30, 2019

s robust marketing strategy for its retail bank has paid off, as the bank today reported that half of its new retail customers were millennials. Of Ally Financial’s 230,000 new retail deposit customers via its retail side, Ally Bank, 126,500 were millennials, according to bank’s earnings report released today.

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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.

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Bank Innovation

JULY 12, 2018

Most fintech startups don’t survive. The landscape of payments, lending, artificial intelligence might seem bustling thanks to all the industry hoopla around it, but the success rate for a startup to make it in these fields — or for that matter any of 15-plus fintech segments — is slim. Well, according to a […].

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PYMNTS

DECEMBER 16, 2019

FinTechs can use data to leapfrog FIs in their own arms race to develop new offerings and gain mind share and wallet share. The Wall Street Journal reported this weekend that FinTech firms have been accusing banks of blocking access to end users’ financial data. FinTechs need the data. Data Wars, Via Social Media.

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Bank Innovation

JANUARY 25, 2019

A January 16 tweet announcing “new digital enhancements to online and mobile banking” was followed by a slew of customer complaints that spilled over into subsequent […]. BMO Harris Bank is having technical difficulty with the rollout of its new mobile banking app, which is part of a digital revamp of Bank of Montreal’s U.S.

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Bank Innovation

JUNE 23, 2017

INV Fintech, the sister accelerator to this site, announced its third cohort of startups today. Here are the five companies of Class 3 of INV Fintech: CoverHero is an intelligent insurance roboadvisor that helps users manage, understand, and buy […].

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Bank Innovation

JUNE 18, 2018

Should fintech companies with banking ambition get a license or partner with a bank for one? This is an important distinction for a challenger bank, almost an existential question.

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Fintech Company social media Metro 249

Bank Innovation

JUNE 24, 2016

In a stunning vote, British citizens decided to leave the European Union, and the so-called Brexit has not just profound implications for fintech, but creates massive uncertainty for global financial services. tweeted Eileen Burbidge, a partner at Passion Capital and FinTech Envoy of HM Read More. How can we be so stupid?”

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PYMNTS

DECEMBER 12, 2019

Yao’s hiring was anticipated because of his contribution to the development of the central bank digital currency (CBDC) and his deep understanding of FinTech and blockchain, according to Caijing. The new team would follow a model similar to Square Crypto, a bitcoin-focused entity separate from Dorsey’s FinTech unicorn Square. .

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Bitcoin Fraud Regulation social media 131

Bank Innovation

FEBRUARY 19, 2016

The clock is ticking on FinTech Acquisition Corp. FinTech Acquisition Corp, believed to be the only “blank check” company in the fintech sector today, has by rule until Aug. 19 to consummate an acquisition with its $100 million, or face dissolution.

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PYMNTS

APRIL 22, 2016

The online tech and finance sector in China has grown by leaps and bounds, but that means that “fly-by-night” and other dubious payments firms and activities must be more closely monitored. FT noted that some analysts feel competition is hobbled by a social media presence.

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PYMNTS

SEPTEMBER 14, 2020

Online retail business is booming during the COVID-19 pandemic as consumers increase their use of contactless digital channels to shop safely from home instead of returning to brick-and-mortar stores. I started promoting Afterpay in my emails and on social media, and my sales just started going up and up and up,” she said.

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Bank Innovation

FEBRUARY 6, 2017

INV Fintech, the sister accelerator to this site, is pleased to announce its inaugural episode of INV Unfiltered — a new monthly podcast series, which will cover current trends and intriguing topics in financial technology and beyond.

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Fintech Financial Technology Trends Technology 150

PYMNTS

JUNE 5, 2017

Late last month, Mastercard announced Russian financial firms working within the collaborative FinTech acceleration program Fintech Lab has chosen 12 FinTech startups they plan to mentor and guide through the program.

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social media Bitcoin National Fintech 101

PYMNTS

MAY 20, 2020

To enable businesses to more easily list their merchandise on its social media platforms, Facebook has unveiled Facebook Shops. Amazon Pay’s Patrick Gauthier On How Retail Will Reinvent Itself And Recover. Target’s Digital Sales Soar 141 Pct In Q1 As Pandemic Shifts Business Online.

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social media Payments Retail Data 130

Abrigo

MARCH 6, 2017

The ABA has a new report out on how banks are using social media, and much of the report focuses on using Twitter, Facebook, LinkedIn and the like to boost customer service, make connections in the community and recruit staff. It often Tweets columns tied to breaking news and statistics.

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Bank Innovation

AUGUST 24, 2016

Y Combinator President Sam Altman knows fintech — he helped Green Dot build GoBank, after all. So when only two fintech startups made it to the stage yesterday at Day 1 of its Summer Demo Day(s) 2016, we took notice. But today 10 of the 48 demoing companies are fintech-focused, Read More.

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Celent Banking

FEBRUARY 18, 2015

Our first speakers, Betsy Hubbard and Debra Jasper, are from Mindset Digital , an online social media training firm. of CBW Bank , will tell the story of how a fintech entrepreneur bought a small ($13 million in assets, 7 employees) bank in Kansas and is in the process of turning it into a bank of the future.

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Bank Innovation

SEPTEMBER 7, 2016

From these sessions, two winners were chosen that will have the chance to engage with a global bank — perhaps the ultimate prize for a fintech startup today. The afternoon session brought on the blockchain. The challenge was part Read More.

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blockchain Fintech social media Operations 150

Bank Innovation

JUNE 15, 2016

Bank Innovation today officially launches BankBoost, a new app that fosters information discovery in the fintech industry. BankBoost is an “answerbase,” which means it is an app for getting questions to your fintech questions. Users can post on any fintech topic and seek answers from the Bank Innovation community.

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Cisco

MAY 29, 2019

In retail banking, it’s clear customer experience matters, and the stakes have never been higher. But, when it really comes down to it, how can banks, saddled with regulations and security challenges, compete with the experiences offered by customer-obsessed tech powerhouses and agile fintechs? According to the J.D.

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Customer Experience Retail San Diego Study 72

William Mills

FEBRUARY 23, 2017

Redefining advertising for the online world. By now, savvy internet users have likely noticed that after viewing a specific product at a retail website (like Target.com or Amazon), that ads for that specific product seem to follow them when they visit other sites like Facebook or the New York Times. We’d love to hear from you.

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Branding Fintech social media New York 45

PYMNTS

DECEMBER 24, 2020

Building The (Retail) Use Cases. Said Allaire of the bid to get digital currencies more front and center: “Regulators are getting their arms around them … the digital asset market is now moving, more and more, into the mainstream of finance, FinTech payments and banking world.”.

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cryptocurrency Bitcoin Course Boston 258

Bank Innovation

MARCH 15, 2016

Emirates NBD, one of the Middle East’s largest banking groups, is hosting a hackathon in partnership with Berlin-based Open Bank Project in London, the reported fintech capital of the world, April 15 to 17. The deadline for early applications is today. The event takes place at Level39 in Canary Wharf — where Read More.

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Bank Innovation

MARCH 24, 2016

Just under 10% of the companies — 15 to be exact — were fintech-related. Y Combinator’s Winter 2016 Demo Days just wrapped up, with 159 startups taking the stage and making their play for funding. This is about average for a YC incubator class, with the 26% from Summer 2015 being an Read More.

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Cisco

MAY 29, 2019

In retail banking, it’s clear customer experience matters, and the stakes have never been higher. But, when it really comes down to it, how can banks, saddled with regulations and security challenges, compete with the experiences offered by customer-obsessed tech powerhouses and agile fintechs? According to the J.D.

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Customer Experience Retail San Diego Study 48

PYMNTS

JULY 26, 2016

One FinTech player looking to empower cash-only organizations with more payment-accepting abilities is DipJar , a hardware and software service platform designed to enable on-the-spot giving even when a consumer doesn’t have cash on hand. Ingenico also released an omnichannel retail solution , called Ingenico Connect.

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PYMNTS

JUNE 21, 2019

In the latest edition of the PYMNTS weekender, coverage includes the latest about PayPal and Google’s views about bank charters, a deep, analytical dive into Facebook’s new payments idea, a look at the new rise of pet retail and other stories you might have missed or simply want to review. Why Pets Are Pulling Retail Innovation’s Leash.

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Fraud social media cryptocurrency National 101

PYMNTS

JUNE 28, 2019

Italian banking startup illimity will work with German FinTech Raisin on a new cross-border deposit solution. While companies work to overhaul existing payment infrastructures, the latest venture by social media giant Facebook will require new infrastructures to be created from scratch.

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Bank Innovation

APRIL 18, 2018

EXCLUSIVE - With over 100,000 signups to date, Ollie Purdue, CEO of digital current accounts Loot will turn his focus on generating revenues this year. “We We spent last year and most of 2016 scaling and on the workings of the product,” Purdue told Bank Innovation. This year, we look at revenues.” Launched back in 2014, […].

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PYMNTS

MARCH 22, 2019

“Based on our learnings from that experiment, we actually decided to make meaningful improvements in the existing rails by leveraging the payments ecosystem, and within that ecosystem, we are considering the FinTechs as well or the regulators around the world as well, including SWIFT,” said Gulru Atak, who helms the lab.

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