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Capital One Adding Innovation Staff in New York

Bank Innovation

but it’s adding significant innovation staff to its New York office. Job ads for more than a dozen positions in the Big Apple were recently posted, and quite a few of them directly relate to the bank’s innovation effort. Capital One Financial Corp. may be based in McLean, Va., Here are just a Read More.

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How Your Bank Approval Process Hinders Innovation

South State Correspondent

If you want a more innovative bank, it starts, and largely stops, with what your approval process looks like for new technology. Take a human and force them to grow up in New York City. That is basically how banks are handling innovation. You also hire consultants to come in and teach outdoor skills.

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New York vs OCC: Let’s Think of the Children

Bank Innovation

In his recent 2017 budget proposal, Governor Andrew Cuomo outlined a few changes that might be in store for New York State fintechs, particularly online lenders. The Empire State really wants to be in charge of the fintech sandbox—and it wants the OCC out already. These changes include expanding the Read More.

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Tech Center: New York City Takes on Tech Full Force

PYMNTS

For years, New York City has been at the epicenter of United States’ culture with the fashion and entertainment industries leading the way. With the top modeling agencies, MTV and the home of American broadway plays, there’s no denying New York City is bustling with creativity. trillion (2012). percent (2015).

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Mastercard to Open Innovation Lab in India, Partner for ‘Smart City’

Bank Innovation

Global payment network Mastercard will be opening another innovation lab, this time in Pune, India, where the company will continue to focus on finding and experimenting with new fintech technologies.

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Artificial Intelligence Startups Make a Splash in New York

Bank Innovation

Artificial intelligence is set to challenge traditional technologies in financial services, if the startups that demoed at BBVA Open Talent in New York today are any indication. The BBVA Open Talent Challenge is part of Next Money NYC. Today’s event is one of three regional finals, from which a few Read More.

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Fintech’s Power Grab — in The New York Times

Bank Innovation

The New York Times covered the subject — and the word — in depth yesterday, in a special section called “Fintech’s Power Grab.” Ok, it’s safe to say fintech has hit the big time. ” The lead item, by Andrew Ross Sorkin of CNBC fame, focuses on the fintech challenge to Read More.

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