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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. 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.

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Weekly Wrap: Visa acquires Plaid and retailers embrace fintech

Bank Innovation

In this episode, editors discuss the following news developments: The overlap of retail with financial services, and reflections on the National Retail Federation annual conference in New York; Visa’s acquisition of Plaid and what it means […].

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Centana Growth Partners closes $375m fintech fund

Bank Innovation

Centana Growth Partners, a New York and Palo Alto, Calif.-based based growth equity firm, closed its second fintech valued at $375 million this week. The firm, which closed a $250 million fund in 2015, primarily invests in business-to-business technology companies.

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Banking ‘brain’ developer Kasisto raises $22M to expand

Bank Innovation

New York-based Kasisto, a conversational AI company which developed the banking […].

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Weekly Wrap: Varo gets FDIC approval, as Curve prepares for US launch

Bank Innovation

In this episode, editors discuss the following news developments: The implications of banking startup Varo’s FDIC approval; How U.K. card startup Curve opened a New York City office in advance of its U.S. Welcome to the latest episode of our Weekly Wrap series, for the week ending Friday, Feb.

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Even Financial raises $25m to help banks automate customer acquisition

Bank Innovation

This week, the New York-based company confirmed a $25 […]. As banks increasingly take transactions to digital channels, the process to acquire customers also is shifting online thanks to technology that matches product offers to customers based on data.

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Current to add cash deposit feature 

BankInovation

Current, a New York-based banking platform, plans to add a cash-deposit feature to its banking app by early August, following the likes of Varo Money and Green Dot Unlimited. The challenger bank saw a surge in new users due to the pandemic, adding 200,000 customers in April and May alone. This pandemic has made a […].