Bank Innovation
MARCH 7, 2017
SAN JOSE, Calif.– This was one of the key questions debated by the fintech professionals attending Bank Innovation 2017, currently taking place here. – Has banking had its “Uber moment,” or is the industry still waiting? Since then, its reputation has had […].
Bank Innovation
MARCH 7, 2017
SAN JOSE, Calif. – The “build or buy” scale is leaning increasingly towards “buy” at JPMorgan Chase, as fintechs become less concerned with disrupting traditional banks. That’s the upshot from Adam Carson, the bank’s head of digital partnerships, during a fireside chat at Bank Innovation 2017. “In
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Bank Innovation
APRIL 28, 2017
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.
Bank Innovation
MAY 11, 2016
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.
Bank Innovation
NOVEMBER 17, 2017
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.
Bank Innovation
MARCH 8, 2017
SAN JOSE, Calif. — Fiserv has increased its research-and-development spending to 7% of revenue this year, up from 5% last year, CEO Jeff Yabuki said at the Bank Innovation 2017 conference here on Monday. In 2016, Fiserv recorded $5.5 billion in revenue — which means somewhere around $385 million flowing into tech.
Bank Innovation
MAY 12, 2016
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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