Mastercard Talks Securing Innovation, And Innovating Security

PYMNTS

In financial services today, security and innovation can work with each other, and against each other. FinServ cybersecurity is, of course, a prime target for innovation. Mastercard president of global enterprise risk and security, Ajay Bhalla, recently explored the relationship between financial services innovation and security, telling PYMNTS how these two dynamics can complement each other while guiding the FinServ space in its journey to a better service offering.

Bank Innovation Launches Public Telegram Channel

Bank Innovation

Come join Bank Innovation’s Telegram Group. Bank Innovation‘s Telegram channel was created to foster discussion and collaboration among the fintech community on the latest trends, insights and events […]. Exclusive APIs Bank Innovation BlockChain fintech fintechs Telegram

Innovation Must Be Measurable to Be Valuable [VIDEO]

Bank Innovation

The word “innovation” get thrown around a lot in banking these days (ah-hem!), but Lara Druyan, managing director, head of innovation, west coast, for the Royal Bank of Canada warned that without metrics, it is easy for innovation efforts to get “squishy.”

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RBC Head of Innovation Lara Druyan Joins Bank Innovation 2018

Bank Innovation

EXCLUSIVE – Lara Druyan, managing director and head of innovation at Royal Bank of Canada, has joined the speaker faculty for Bank Innovation 2018. Bank Innovation 2018 will take place March 5-6 in San Francisco.

Meet Ryan Gilbert, One of the Geniuses of the Innovation Bar at Bank Innovation 2018

Bank Innovation

Bank Innovation 2018 will be. Exclusive Innovations Bank Innovation 2018 Propel Ventures Ryan GilbertShouldn’t banks be more like Apple stores? And shouldn’t fintech conferences be more like Apple stores?

Standard Chartered Opens Fintech Innovation Center in Hong Kong

Bank Innovation

Standard Chartered has officially open its eXellerator facility, a center designed to promote the innovation of fintech, in Hong Kong, the bank announced today. The bank will operate the innovation center under its SC Ventures arm, which invests in emerging fintechs and other startups.

Accelerating Innovation To Create Convenience

PYMNTS

Which is a tall order, particularly when it comes to things like building better ATM self-service technology , where the pace of innovation is oftentimes uneven. Top-performing financial institutions can roll out new innovations a full 2.5 Finding solutions that work is great.

Fintechs, Beware of ‘Innovation Tourists’

Bank Innovation

Now that the industry is (mostly) clear on the fintech “friend or foe” issue, startups are busy pitching their products to the eager incumbents and their innovation teams. Startups, beware of “innovation tourists.” Exclusive Innovations Operations Startups Technology Wealth Management fintech startups GoldBean innovation Jane Barratt

Small Business Banking Catching Up in Innovation Race

Bank Innovation

There are quite a few lending solutions these days for small businesses -- Funding Circle, OnDeck, Kabbage, and Square Capital, to name a just a few -- but innovation and digitization are lagging in other areas, such as digital account opening.

Look East for innovation

Chris Skinner

After all, it’s easy to call out banks for doing banking as usual but, if I … The post Look East for innovation appeared first on Chris Skinner's blog. Digital Bank Fintech Future Grid Innovation Opinion

Motive Partners Launches Innovation Lab in London

Bank Innovation

EXCLUSIVE – The members-only innovation lab, Motive Partners, opened a center in London today. Exclusive Innovations Lending Mobile Online Open Fintech Payments Premium Retail Startups innovation lab MasterCard Motive Partners The Royal Bank of Scotland

TRENDING NOW: How IT Infrastructure Stunts FI Innovation

PYMNTS

When IT Becomes a Drag on Innovation. FIs want to innovate – 97 percent of banks and credit unions surveyed told PYMNTS they have focused on innovation over the past three years. What’s more, FIs with flexible IT infrastructures are twice as likely to be successful at innovating.

Peggy Mangot, Senior VP of Innovation at Wells Fargo, Joins Bank Innovation 2018

Bank Innovation

EXCLUSIVE – Peggy Mangot, senior vice president of Innovation at Wells Fargo, has joined the speaker faculty for Bank Innovation 2018. Bank Innovation 2018 will take place March 5-6 in San Francisco. Exclusive Bank Innovation 2018 Finspace Long Game SnapCheck Wells Fargo

Matt Wilcox, SVP Marketing Strategy and Innovation at Fiserv, Joins Innovation Bar at BI 2018

Bank Innovation

Apple has its Genius Bar, and Bank Innovation has its Innovation Bar, where three fintech experts (fintexperts?) Bank Innovation 2018 takes place March 5-6 at the Parc 55 Hotel in San Francisco.

Don’t Let Internal Politics Stifle Your Innovation Team

Bank Innovation

The innovation lab is becoming a hallmark feature of any bank or other financial institution. It’s all about those relationships and that trust,” Jason Mars, CEO of conversational AI company Clinc, told Bank Innovation.

10 Most Innovative CEOs in Banking 2016

Bank Innovation

Innovations Mobile Online Operations Technology 10 Most Innovative CEOs2016 has been a year of many things. No, really, just look at this list of most trending Twitter topics of the year (spoiler: elections, Brexit and PokemonGo all made the list).

Ruth Polachek to Talk Bots at Bank Innovation 2018

Bank Innovation

EXCLUSIVE – Voted as one of TheMarker’s 100 most influential people in Israel, Ruth Polachek has joined the speaker faculty for Bank Innovation 2018, which takes place March 5-6 in San Francisco.

Payments Innovation: Brand Of Choice Driven By Consumer Experience

PYMNTS

Not innovating is not an option. Perhaps in the early days of digital banking and mobile apps, innovative technology was a “nice to have,” but that is no longer the case. According to Johnson, the key takeaways are as follows: Innovation is a “must,” and it should not happen in a lab.

Emerging Innovation in Banking

Celent Banking

Over the past few weeks we have been previewing various content themes we will be discussing at our Insight and Innovation Day in Boston on April 4th. I would like to finish this series of posts by looking at the new Model Bank category we introduced this year – Emerging Innovation. When we added this category, we weren’t quite sure what to expect, but we certainly hoped to see the banks’ efforts at the “bleeding edge” of innovation.

NEW STUDY: What Innovative Restaurants Are Doing Right Now

PYMNTS

The latest Index, covering the first quarter of 2018, examined what the best innovators are doing and found it’s not enough to be just diving into digital — though that’s a start, given the generally poor state of QSR innovation. So what makes an innovative restaurant?

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Bank Innovation in Beta

Bank Innovation

Bank Innovation today released a beta of its relaunch, the most significant rebuilding of the site since its start in 2009. Let us know what you think of the rebuilt site by emailing info@bankinnovation.net.

Citigroup Opens Innovation Lab in London

Bank Innovation

Citigroup is setting up an innovation lab in London. Exclusive Innovations Online Open Fintech Payments PFM Startups Citi Fintech Citigroup digital banking WeWorkThe decision to set up this lab comes at the heels of U.K.’s

Bank Innovation Relaunches

Bank Innovation

Today, Bank Innovation releases its most significant redesign and relaunch since the site initially dropped online in 2009. We hope you love the new Bank Innovation. I recall introducing Bank Innovation to […].

Innovation Project Has Arrived

PYMNTS

The big day has finally arrived — no thanks to Mother Nature, who decided to throw a disruption of her own at the year’s biggest celebration of innovation in the shape of a blizzard named Stella. The fifth anniversary of Innovation Project in Harvard Square today being one extremely tenacious example. Go to Innovation Project, aka “The Davos of Payments,” for two days of closed-door, off-the-record conversations on the campus of Harvard University.

2016 Innovators To Watch: 41 to 44

Bank Innovation

Brad Bennett, Senior Manager, Enterprise Services Engineering and Strategy, BB&T BB&T, a banking innovator? Yes, BB&T deserves mention with top innovation banks, and largely for one reason: Bradley Bennett. Innovations 2016innovators innovator Innovators lists

A disruptive innovation appears

Chris Skinner

I was listening to a financier talking about FinTech the other day, and claiming that they are all sustaining innovations and not disruptive. Disruptive innovation creates new markets separate to the mainstream; markets that are unknowable at the time of the technologies conception.

Why organisations resist innovation

Chris Skinner

I love this thesis, as it really shows why it’s incredibly hard to innovate internally. The internal innovator is like some strange virus infecting the organisation. It is the reason why innovators have their dilemma. Grid Innovation

SunTrust CIO Talks Zelle, Lending, and Innovation

Bank Innovation

EXCLUSIVE— The new chief information officer for SunTrust will focus on expanding partnerships, client experiences, and moving forward with the bank’s digital roadmap, Scott Case, now the bank’s CIO, told Bank Innovation.

Collaboration Spurs Treasury Management Innovation

PYMNTS

The seed of FinTech innovation often comes from a desire to do things differently. But as finance and payments tech expands, these traditional FIs are learning that perhaps the best way to meet the demands of their corporate clients isn’t to compete with FinTech innovators but to collaborate with them. In B2B payments, that can mean discontent in the way traditional banks and FIs do business or a need for disruptive technologies to come to market faster than banks can offer.

Anand Talwar of Ally Bank Joins Bank Innovation 2018

Bank Innovation

EXCLUSIVE – Anand Talwar, deposits and consumer strategy executive at Ally Bank has joined the speaker faculty for Bank Innovation 2018, taking place next week March 5 to 6 in San Francisco. Exclusive Innovations Online Premium Ally Bank Bank Innovation 2018

Crowe Horwath: ‘Risk Sandboxes’ Bolster Innovation While Managing Compliance

PYMNTS

Innovation implies a break from the conventional ways of operating a business. Ultimately, innovation is oxygen for companies in almost any vertical, as competition demands new products and services, improving customer experiences in unexpected ways. It’s no secret that the regulatory landscape is shifting quickly, requiring firms catering to those very customers through innovation to safeguard them at the same time, especially when it comes to their data.

Baton Systems Wins DEMOvation Challenge at Bank Innovation 2018

Bank Innovation

EXCLUSIVE—Distributed ledger platform Baton Systems took home the prize for Bank Innovation’s 2018 DEMOvation challenge this week, beating out ten other companies presenting demos at this year’s conference. Exclusive Innovations Online Premium Abe.ai.

Ian Putter, Head Unified Finance Development and Innovation, Joins Bank Innovation 2018

Bank Innovation

EXCLUSIVE — Ian Putter, head of unified finance development and innovation at Standard Bank, Africa’s largest bank, has joined the speaker roster for Bank Innovation 2018, which will take place March 5 to 6 in San Francisco.

PayPal Launches 2 Innovation Labs in India

Bank Innovation

Projects in the two innovation labs will be focused on areas like […]. Corporate Exclusive Payments Startups artificial intelligence digital payments Indian fintech innovation labs PayPal startups virtual reality

2016 Innovators to Watch: 6 to 10

Bank Innovation

Innovations 2016innovators innovator Innovators listsMax Levchin, CEO, Affirm Some members of the PayPal mafia are off building spaceships or suing media brands into nonexistence, but Max Levchin? Still in fintech.

6 Innovation Ideas for 2017 and Beyond

Bank Innovation

We got a glimpse of this at Bank Innovation 2017, our invite-only event in Silicon Valley earlier this month. (If What’s keeping bankers awake at night in 2017 – and what’s helping them leap out of bed in the morning, ready to help make customers’ financial dreams come true?

Scarlett Sieber, VP of USAA Labs at USAA Bank, Joins Bank Innovation 2018

Bank Innovation

EXCLUSIVE – With a new role at Vice President of USAA Labs at USAA Bank, fintech veteran Scarlett Sieber joins Bank Innovation 2018. Bank Innovation 2018 will take place March 5-6 in San Francisco. Exclusive Innovations Bank Innovation 2018

The innovator’s view of Open Banking

Chris Skinner

The general consensus around the table … The post The innovator’s view of Open Banking appeared first on Chris Skinner's blog. Digital Bank Fintech Grid InnovationI hosted a dinner focused upon Open Banking recently and what it means to FinTech firms and start-ups. There were no bankers at the table, but a lot of firms who consult, provide systems or are deploying new businesses in FinTech at the table.

What’s Cooking in U.S. Bank’s Innovation Kitchen?

Bank Innovation

Innovating at the same time everyone else is innovating is hard, but U.S. Headed by its fearless leader, Dominic Venturo, the bank’s Innovation Group has been at the epicenter of innovation in financial services across various tech sectors.

Barclays Launches Tech-Focused Venture Arm to Foster Innovation

Bank Innovation

This unit labelled Barclays UK Ventures (BUKV) will allow the bank to invest and partner with technology companies that will spur the bank’s technological innovation and growth. Capital Exclusive Innovations Online Open Fintech Retail Barclays U.K.