Bank Innovation

MAY 18, 2018

The San Francisco-based challenger bank just crossed the one-million accounts mark, Britt told Bank Innovation, over a span of less than […]. Neobanks, better established across the Atlantic in Europe, are starting to grow up in the U.S.

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San Francisco Innovation Online Mobile 255

Bank Innovation

OCTOBER 18, 2017

The San Francisco-based fintech used to charge its customers $9 per month, but after conducting a survey, CEO Brian Merritt told Bank Innovation that he realized Seed could serve customers better by being free. EXLUSIVE – SME-focused digital bank Seed is nixing its monthly fee and will now be free for customers.

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San Francisco Survey Digital Banking Innovation 236

Bank Innovation

MARCH 28, 2018

EXCLUSIVE— San Francisco-based startup Denizen wants to create a new way of banking, by providing users with a “borderless” bank account that doesn’t come with all of the hassle and pain points of international finance, co-founder and CEO Joaquin Ayuso de Paul told Bank Innovation.

San Francisco 223

San Francisco Innovation Online Cards 223

Bank Innovation

SEPTEMBER 13, 2017

EXCLUSIVE- SME banking app, Seed, is gearing up to roll out a tool that supports Apple iPhone X’s new Face ID feature, Bank Innovation learned. This makes sense, since the San Francisco-based digital bank’s mobile app is currently only available on iOS.

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San Francisco Tools Apple Mobile 240

Bank Innovation

FEBRUARY 18, 2019

Aura, a San Francisco-based fintech offering affordable loans to low to moderate-income households, wants to partner with banks to offer those loans to consumers who have traditionally been unable to secure them from larger institutions.

San Francisco 186

San Francisco Fintech Innovation Security 186

Bank Innovation

JUNE 20, 2019

Citizens Bank is generating one-third of its mortgage applications online, thanks to a suite of tools the company rolled early this year and a partnership with San Francisco-based fintech firm Blend.

San Francisco 199

San Francisco Tools User Experience Fintech 199

Bank Innovation

MAY 2, 2019

s downtown San Francisco headquarters once featured many of the lavish perks booming tech companies use to attract workers and keep them happy once they’re hired: kitchens stocked with snacks, mini-golf, a Foosball table, an in-house spa. Now the online-lending pioneer is cutting back on the amenities, and the workforce too.

San Francisco 170

San Francisco Lending Online Company 170

PYMNTS

SEPTEMBER 19, 2019

Apparel used to be mostly a brick-and-mortar retail experience, but that has changed drastically over the last few years – and has been one of the main innovations when it comes to commerce related to the clothes we wear. But at this point, it is also mostly table stakes in the race to bring apparel retail online. Better Fit.

Retail 137

Retail Innovation San Francisco New York City 137

Bank Innovation

JUNE 28, 2016

Yesterday, a Danish bank introduced a bot for simple queries (and soon, transactions) and earlier this month, San Francisco-based startup Dyme, a member of the Spring 2016 Bank Innovation INV class, released a prototype of a Facebook messenger bot whose functionality mirrors that of Dyme’s SMS-based Read More.

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San Francisco Innovation Online Technology 231

Bank Innovation

FEBRUARY 21, 2018

EXCLUSIVE— Shares of San Francisco-based online lender, LendingClub, fell as much as 11% yesterday after the company missed profit estimates and more than doubled its losses in its fourth quarter. The lender also grew its originations from last year, though its growth in that area remained flat from 3Q17.

San Francisco 199

San Francisco Online Report Company 199

Bank Innovation

SEPTEMBER 12, 2017

EXCLUSIVE – When the co-founders of FitPay, a contactless payment technology provider, agreed to be acquired by security tech company NXT-ID back in May, the primary goal behind the deal was to enable growth for the San Francisco-based startup. And grow it did.

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San Francisco Payments Security Technology 326

Bank Innovation

JUNE 18, 2019

San Francisco-based corporate card startup Brex today launched a corporate card specifically tailored to companies in the life sciences industry.

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San Francisco Cards Online Industry 170

Bank Innovation

SEPTEMBER 24, 2019

For Aura, an online lending platform for low-income families, reaching underbanked borrowers means going beyond the bank setting and working with retailers to reach customers who may be overlooked by traditional lenders.

San Francisco 150

San Francisco Marketing Lending Branding 150

PYMNTS

JULY 22, 2019

While not exactly an empire yet, the online retailer launched its 13th store in New York City last month and it features the ability to use cash, answering a complaint that’s been lodged at unattended retail generally. Zippin , a new cashierless convenience store, has launched in San Francisco with the goal of reducing typically long lines.

Innovation 125

Innovation San Francisco Retail Study 125

PYMNTS

NOVEMBER 17, 2020

Francesco Simoneschi, co-founder and CEO of TrueLayer, said the “collaboration with Revolut is continuing apace — and this is just the beginning of what will be a fruitful partnership bringing further innovation to the German market.”. Meanwhile, Revolut is close to applying for a U.S. banking license.

San Francisco 264

San Francisco Digital Banking Financial Technology Innovation 264

Bank Innovation

OCTOBER 17, 2017

After a tumultuous few weeks, online student lender Social Finance, or SoFi as it is better known, is withdrawing its bank license application. A few weeks […].

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San Francisco Online Lending Mobile 170

Bank Innovation

MARCH 7, 2018

EXCLUSIVE (SAN FRANCISCO) -- Welcome back to the fintech boom. At this time last year, fintech was in a downturn. Fintech venture funding was down more than 9% year-over-year; valuations seemed stuck. But the fintech market has rebounded.

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San Francisco Fintech United States Marketing 236

PYMNTS

MARCH 31, 2020

San Francisco-based Princeville Capital has announced a $50 million investment in Russian online retailer Ozon, which is partly owned by the Russian-based conglomerate Sistema. Ozon , one of Russia’s largest online retailers, has been on a growth spurt over the last few years.

San Francisco 189

San Francisco Capital Retail Online 189

PYMNTS

FEBRUARY 28, 2020

It’s hard to imagine that there’s so much technology and innovation happening up and down the mobility spectrum except for in this market — and it’s a $1.4 Via online and mobile it has introduced artificial intelligence (AI)-based technology in pricing cars as well as qualifying for financing. trillion market in the U.S. How It Works.

Marketing 242

Marketing Los Angeles San Francisco San Diego 242

Bank Innovation

JANUARY 24, 2019

The San Francisco-based bank disclosed the plan in a job posting today. Wells Fargo & Co. will add additional enterprise-level digital capabilities, APIs, and SDKs to its Home Lending platform. The additional APIs and SDKs should allow more integrations with other technology services and applications.

San Francisco 199

San Francisco Fintech Lending Technology 199

Bank Innovation

SEPTEMBER 26, 2017

The new capability works through an integration with TD Ameritrade Institutional’s Self-Directed Plan Services platform, which should expand the long-term value of the San Francisco- based Lively’s HSA offering. Healthcare Savings Account provider Lively Inc. has raised $4.2 The feature […].

San Francisco 236

San Francisco Online Mobile Payments 236

PYMNTS

NOVEMBER 14, 2019

The latest example of the power of those digitally-enabled innovative efforts comes from online freight marketplace operator Convoy. Founded in 2015, Seattle-based Convoy is among the biggest operators of online marketplaces that match truckers with shippers needing to move cargo,” the report said. Rowe Price Associates.

Innovation 116

Innovation Chicago San Francisco Seattle 116

PYMNTS

MAY 27, 2020

Stripe, a technology company that allows businesses to make and receive online payments, has launched in five more European countries, the San Francisco firm announced Wednesday (May 27). Europe’s fast-growing online economy has been fueled by the shift to online purchases as a result of the COVID-19 pandemic.

San Francisco 130

San Francisco Online Innovation Apple 130

PYMNTS

SEPTEMBER 29, 2020

But there are plans to expand it across Seattle, New York, Chicago and San Francisco, the company said. Instead, he said, the palm images are encrypted and stored online. If it’s a hit with users, Amazon plans to bring it to other retailers as well as performance venues and the nation’s offices.

San Francisco 349

San Francisco Seattle Missouri Chicago 349

Bank Innovation

APRIL 12, 2016

Paymentwall, a San Francisco online payments company, announced today that it has integrated its payment services into the Shetab, which is Iran’s “unified, electronic clearance system for the entire Iranian banking operations that allows it to facilitate transactions from Read More.

San Francisco 150

San Francisco Payments Operations Online 150

PYMNTS

JUNE 24, 2019

We are incredibly excited with the opportunities that this innovative payment solution serves to millions of consumers, connecting them to an extensive network of merchants globally,” said Razer Co-founder and CEO Min-Liang Tan. It is a leading brand for gamers in Europe, China and the United States.

Company 100

Company Online San Francisco Payments 100

Bank Innovation

APRIL 13, 2018

San Francisco-based Wells Fargo saw a 13% increase year over year increase in its customers’ digital usage […]. EXCLUSIVE – Wells Fargo plans to shut down 300 branches this year and about 5,000 branches by 2020, as the bank sees a surge in digital adaption from its customers, CEO Tim Sloan said on today's earnings call.

San Francisco 170

San Francisco America Online Innovation 170

Bank Innovation

MAY 17, 2016

SigFig, a San Francisco-based robo advisor, partnered with UBS Wealth Management to create and customize digital tools for WMA’s 7,000 advisors, it was announced today. The tools will “complement” the existing expertise of UBS advisors, and not form a separate automated platform, SigFig said.

San Francisco 231

San Francisco Tools Strategy Management 231

Bank Innovation

JUNE 22, 2016

San Francisco-based Ripple announced that seven global banks have joined its network to improve their cross-border payments experience. Real-time international payments are not far over the horizon anymore. Among the banks are Santander, UniCredit, UBS, ReiseBank, CIBC, National Bank of Abu Dhabi (NBAD), and ATB Financial.

San Francisco 250

San Francisco Groups blockchain Payments 250

PYMNTS

DECEMBER 23, 2019

Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. The company currently has offices in New York, New Jersey, San Francisco and Las Vegas. The company is going to merge with Diamond Eagle Acquisition and SBTech.

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Las Vegas Company San Francisco Boston 130

PYMNTS

DECEMBER 23, 2019

Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. The company currently has offices in New York, New Jersey, San Francisco and Las Vegas. The company is going to merge with Diamond Eagle Acquisition and SBTech.

Las Vegas 130

Las Vegas San Francisco Boston Nevada 130

Bank Innovation

FEBRUARY 23, 2017

The San Francisco-based company processed $13.7 Mobile payments company Square grew its gross payment volume 34% over last year, and its loans through Square Capital were up twice that — 68%. billion in payments in the fourth quarter of 2016, compared with $10.2 billion in the same quarter last year. Read More.

San Francisco 210

San Francisco Capital Cards Mobile 210

Bank Innovation

JUNE 28, 2018

For the task, San Francisco-based Bento raised $9 million in a new round of funding today. Bento for Business wants to provide its customers with money management tools combined with banking solutions, similar to the personal financial management app for millennials, MoneyLion, according to company CEO Farhan Ahmad.

San Francisco 170

San Francisco Millennials Tools Management 170

Bank Innovation

FEBRUARY 22, 2016

The launch of Visa Developer transformed the San Francisco-based Visa’s payments network to an open platform, allowing access to online and mobile person-to-person capabilities, accountholder identification and Visa Checkout.

San Francisco 150

San Francisco Payments Meeting Mobile 150

PYMNTS

APRIL 21, 2020

The opening of a Hong Kong outpost is part of SoFi’s bid to acquire online brokerage firm 8 Securities, while expanding its business and serving up commission-free trading there. The San Francisco-based SoFi’s products include student loan refinancing, private student loans, personal loans and home loans, along with mortgages.

San Francisco 130

San Francisco Innovation Fintech Security 130

Bank Innovation

APRIL 11, 2016

That trend continues this week, with some San Francisco-grown AI thrown into the mix. Last week this space saw much of the largest fintech funding rounds taking place outside the U.S. This week we witnessed a major push forward in the process of collaboration between financial institutions (FIs) and startups. This Read More.

San Francisco 150

San Francisco Fintech Marketing Trends 150

Bank Innovation

OCTOBER 26, 2018

The San Francisco-based bank said it has tripled the number of cash access locations for its customers in Denver, to 151, and nearly quadrupled the number of those locations […]. Bank of the West recently added 143 ATMs across the Denver and Sacramento metro areas through an agreement with ATM operator Cardtronics. One target?

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ATM San Francisco Sacramento Denver 150