Inside The Royal Bank of Scotland’s Innovation Strategy

Bank Innovation

Cards Commerce Corporate Exclusive Innovations Insurance Lending Mobile Payments Uncategorized Facebook facebook workplace innovation lending Mobile banking P2P Lending quantum computing Royal Bank ScotlandEXCLUSIVE – Traditional banks cannot afford to ignore fintechs.

N26 banking on ‘pure-play’ approach to US market with checking account, debit card

Bank Innovation

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Why Automation is Key to Chesapeake Bank’s Innovation Strategy for 2019

Bank Innovation

Automation is the theme that best describes Chesapeake Bank’s innovation roadmap for 2019, Kevin Wood, managing director of the state-chartered community bank’s business lending division, Cash Flow, told Bank Innovation. “One Commerce Corporate Exclusive Innovations Lending Online Open Fintech Premium Risk Automation Chesapeake Bank Community Bank Jack Henry ProfitStars

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. The bank […].

Commerzbank’s Digital Innovation Strategy in Germany’s Cash-Heavy Economy

Bank Innovation

billion ($513 billion) in assets, and boasting a 50-person innovation lab, implementing fintech for a fiat-focused market has its challenges. Capital Corporate Daily Post 3 Exclusive Innovations Operations PFM Premium Risk Trading cash Commerzbank European Central Bank innovation labIn some markets, banks and fintechs are a long way from overcoming the dependence on cash. This challenge is felt at Germany’s Commerzbank. As one of the country’s top five banks, with €452.5

How BNY Mellon is using a design approach to reshape client experiences

Bank Innovation

Carousel Customer Experience Daily Post 2 Innovation Strategy BNY Mellon customer experience innovation strategy product development

Too many innovation strategies place speed over discipline

Payments Source

In the era of digital transformation, it can be easy to mistake activity for achievement. A disciplined approach is needed, writes Tim VanTassel, a vice president at FICO. ISO and agent Payments Banking Fintech Retailers

The innovation strategy banks should avoid

BankThink

Banks are more established organizations that cannot afford to take the same shortcuts and risks as startups do in fintech development, executives said. Bank technology Fintech Disruptors Artificial intelligence Lending Cathy Bessant Bank of America Goldman Sachs

Banks push for more fintech startup collaborations, despite failures

Bank Innovation

That’s according to a study by Bank Innovation and INV Fintech, a startup accelerator, released today. Carousel Innovation Strategy INV Fintech StartupsWhen it comes to bank-fintech collaborations, banks are finding more failure than success.

How BNY Mellon is using a design approach to reshape client experiences

Bank Innovation

Carousel Customer Experience Innovation Strategy BNY Mellon customer experience innovation strategy product development

New Competitors Forcing Banks to Reevaluate Innovation Strategies

The Financial Brand

Banking providers are investing in innovation, changing business models and partnering with fintech firms to respond to digital consumer expectations. Innovation Strategies analytics big data digital banking fintech

Inside OTP Labs, Eastern Europe’s most adventurous bank innovation experiment

Bank Innovation

The Budapest-based bank is pursuing not just startup-driven innovation, but through a mix of internal and […]. Carousel Customer Experience Innovation Strategy INV Fintech Startups banking startups Fiserv OTP BankIt might have $55 billion in assets and 10.5

Why 6 credit unions are partnering to access better payment solutions

Bank Innovation

Carousel Innovation Strategy Payments Premium Coastal Credit Union Cornerstone Advisors Georgia's Own Credit Union Payrailz Teachers Credit Union VenmoAs credit unions look to improve their technology on smaller budgets, one solution is to band together and pool assets.

CUNA Mutual program lets credit unions test startup-developed products

Bank Innovation

For financial institutions that can’t develop new products in-house, a startup partnership can help move an innovation agenda forward through new tech-enabled product offerings for customers.

How credit startup Deserve aims to reach the ‘unscoreables’

Bank Innovation

Carousel Innovation Strategy Product Design Profiles Startups Aite Group alternative credit Deserve Experian FICO PlaidWhen Kalpesh Kapadia moved to the U.S. from India as a student more than 20 years ago, access to credit was a major challenge for him.

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Inside the U.S expansion plans of OakNorth, an aspiring ‘Bloomberg of SME lending’

Bank Innovation

expansion strategy. Carousel Corporate Banking Daily Post 1 Innovation Strategy Lending Premium Product Design challenger bank digital lending OakNorthbased digital lender OakNorth is using its tech platform as the pillar of its U.S. The company, which has a U.K.

European fintechs escape troubles afflicting established banks

Bank Innovation

Bloomberg Carousel Daily Post 2 Innovation Strategy Lending Payments Retail Banking Adyen iZettle Klarna N26 TransferWise

Funding Circle surpasses $10b in loans, plans aggressive partnership strategy

Bank Innovation

The nine-year-old company plans to continue to develop its “partnership strategy,” Bernard Martinez, U.S. managing director at Funding Circle, told Bank Innovation. Funding Circle, the U.K.-based

Good Governance: Innovation strategy

CU Insight

Many modern-day businesses declare innovation as a goal. Yet few, if any, measure and track innovation in their organizations. Most boards not only don’t track innovation, they frequently misunderstand what it means in today’s business environment. Some less-informed boards even fear innovation because they think it means taking risks that could harm members. Radical, Disruptive, and Routine Innovation. Radical” innovation affects the foundation of an industry.

Starling adds peer-to-peer lender Growth Street to its marketplace

Bank Innovation

Carousel Innovation Strategy Investing Lending Premium banks credit facilities debt applications GrowthLine peer-to-peer lending SME Starling Bank Starling Marketplace U.K. Starling Bank recently added peer-to-peer business lender Growth Street to its in-app marketplace.

TD Ameritrade’s Tuteja on why in-car investment advice is the future [Video]

Bank Innovation

Artificial Intelligence Carousel Daily Post 5 Innovation Strategy Investing Product Design Video Wealth Management brokerage TD Ameritrade voice assistantsTo TD Ameritrade, checking up on a portfolio is a task customers should be able to do on the go.

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Amex acquires Acompay to bolster lending business

Bank Innovation

Carousel Corporate Banking Daily Post 2 Innovation Strategy Lending Premium acompay American Express bill.com BlueTarp Brex Capital One Mastercard Visa

Inside Marqeta, the payments engine behind the challenger banks

Bank Innovation

Carousel Daily Post 1 Innovation Strategy Payments Premium Product Design Retail Banking Startups Affirm Capital on Tap card processing Kabbage Klarna Marqeta Square

Lloyds’ tech dollars flow as challenger banks claim more deposits

Bank Innovation

Carousel Innovation Strategy Premium Retail Banking Bank of Scotland Halifax HSBC Lloyds Banking Group Monzo Nationwide Building Society Starling Bank tech spendLloyds Banking Group is feeling the heat from the growth of challenger banks. Halfway through a three-year, $3.8

Looking to beat Apple to the punch, digital competitors roll out cashback cards

Bank Innovation

Carousel Customer Experience Innovation Strategy Payments Premium Retail Banking Startups Apple Apple Card Goldman Sachs Green Dot Mastercard Visa WebBank Zero Zerocard

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With Softbank investing, working-capital marketplace C2FO closes $200m round ‘for global expansion’

Bank Innovation

Capital & Funding Carousel Innovation Strategy Investing Payments C2FO Citibank Demica Funding round investments Kabbage OakNorth Paytm Primerevenue Softbank Vision Fund Taulia Temasek Union Square Ventures working capital

Open Bank Project’s Chaib: Open APIs will benefit banks and startups

Bank Innovation

Carousel Daily Post 3 Daily Post 4 Innovation Strategy INV Fintech Open Banking Profiles Startups ABN AMRO APIs BNP Paribas Citizens Bank HSBC NACHA Open Bank Project open bankingGood news for fintech startups: In the future, every bank will have an API.

Weekly Wrap: Payments industry under scrutiny as Venmo, Zelle adoption grows

Bank Innovation

In this episode, Suman Bhattacharyya, deputy editor of Bank Innovation, discusses the following news developments: How Presidential candidate Elizabeth Warren and other lawmakers are advocating for the U.S.

Robo-adviser Betterment branches out into banking

Bank Innovation

Carousel Daily Post 3 Daily Post 6 Innovation Strategy Product Design betterment MoneyLion Wealthfront

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Umpqua’s Tinder-style banking app attracts 27k users

Bank Innovation

based regional bank with $28 billion in assets, is growing its human-digital strategy through its Go-To app. Carousel Customer Experience Daily Post 1 Daily Post 4 Innovation Strategy Premium Retail Banking Bank Innovation Ignite Cornerstone Advisors Go-To Umpqua

Robo-adviser Betterment branches out into banking

Bank Innovation

Carousel Daily Post 3 Innovation Strategy Product Design betterment MoneyLion WealthfrontRobo-adviser Betterment is launching high-yield savings and checking accounts in an effort to enhance existing customer relationships and grow its customer base, to whom it can pitch other products.

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Umpqua’s Tinder-style banking app attracts 27k users

Bank Innovation

based regional bank with $28 billion in assets, is growing its human-digital strategy through its Go-To app. Carousel Customer Experience Daily Post 1 Innovation Strategy Premium Retail Banking Bank Innovation Ignite Cornerstone Advisors Go-To Umpqua

Digital lenders aim for small businesses underserved by large banks

Bank Innovation

Carousel Corporate Banking Daily Post 1 Daily Post 2 Daily Post 5 Innovation Strategy Premium Product Design Startups BlueVine Capital One Kabbage OnDeck SMB lending startupsFor small businesses looking to grow, access to capital is critical for success.

Game on: Investment app Invstr uses Fantasy Finance to build young user base

Bank Innovation

Carousel Innovation Strategy Investing Premium Startups Wealth Management Acorns betterment gamification Invstr millennial investing mobile investing Robinhood robo-advising WealthfrontThe next generation of stock traders could be coming into the world of investing by way of gaming.

Digital lenders aim for small businesses underserved by large banks

Bank Innovation

Carousel Corporate Banking Innovation Strategy Premium Product Design Startups BlueVine Capital One Kabbage OnDeck SMB lending startupsFor small businesses looking to grow, access to capital is critical for success.

Libra not a threat, ‘still playing out,’ Remitly CEO Oppenheimer says

Bank Innovation

Carousel Daily Post 2 Innovation Strategy Payments Premium Product Design Barclays Libra Remitly TransferWise Western Union WorldRemitMatt Oppenheimer co-founded Remitly eight years ago after working in Kenya and experiencing the pain of transferring money across borders first hand.

Citizens boosts tech spend, attacking back office and point-of-sale lending

Bank Innovation

Carousel Corporate Banking Daily Post 1 Innovation Strategy Retail Banking agile software development Citizens Access Citizens Bank tech spendCitizens Bank is accelerating its tech investments to speed up migration to the cloud, as well as to support new digital products and services.

Game on: Investment app Invstr uses Fantasy Finance to build young user base

Bank Innovation

Carousel Daily Post 2 Daily Post 3 Daily Post 4 Innovation Strategy Investing Premium Startups Wealth Management Acorns betterment gamification Invstr millennial investing mobile investing Robinhood robo-advising Wealthfront

Inside Capital One’s efforts to build a personality for digital assistant Eno

Bank Innovation

Artificial Intelligence Carousel Daily Post 1 Daily Post 4 Daily Post 5 Innovation Strategy Premium Product Design Retail Banking artificial intelligence Capital One chatbot Eno Erica Nomi

Backed by MUFG, payments app Kyash wants to get into consumers’ mobile wallets

Bank Innovation

Carousel Customer Experience Daily Post 1 Daily Post 4 Innovation Strategy Payments Premium Retail Banking Kyash Line Pay MUFG PayPay Rakuten Visa

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Scenic Advisement’s Leung: Banks aren’t meeting private tech’s needs

Bank Innovation

Artificial Intelligence Carousel Daily Post 2 Daily Post 6 Innovation Strategy Startups Wealth Management AI artificial intelligence BlackRock investment banking IPOs machine learning Scenic Advisement

TD Ameritrade launches in-car investment ‘experiences’ using voice, AI

Bank Innovation

Carousel Daily Post 3 Daily Post 6 Innovation Strategy Product Design Retail Banking Wealth Management Alexa Amazon Alexa Android Auto Apple CarPlay brokerage Echo Auto TD Ameritrade tradingWith average commutes in the U.S.

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Citizens boosts tech spend, attacking back office and point-of-sale lending

Bank Innovation

Carousel Corporate Banking Daily Post 1 Daily Post 4 Daily Post 5 Innovation Strategy Premium Retail Banking Top Post 2 agile software development Citizens Access Citizens Bank tech spend