Texas Startup Alkami Raises $70M For Mobile Banking Software
Bank Innovation
JANUARY 10, 2018
Plano, Texas-based startup Alkami Technology has raised $70 million for its mobile banking platform, it was reported yesterday.
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Bank Innovation
JANUARY 10, 2018
Plano, Texas-based startup Alkami Technology has raised $70 million for its mobile banking platform, it was reported yesterday.
PYMNTS
JULY 14, 2020
The Texas-based eCommerce firm, which helps businesses design and roll out online storefronts, said in a press statement that it has notified the U.S. BigCommerce ’s potentially big move comes as interest in online commerce explodes in the wake of the coronavirus crisis and the social distancing requirements it has spawned.
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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age
PYMNTS
MAY 5, 2020
a global payments provider, now accepts Electronic Benefits Transfer (EBT) payments at grocers, allowing Supplemental Nutrition Assistance Program (SNAP) participants to purchase groceries online for the first time, the Wisconsin-based company announced on Tuesday (May 5). brand, is accepting online EBT payment at select locations.
Bank Innovation
DECEMBER 15, 2017
If it feels like innovation has been one of the hot themes of 2017 in the financial world, it’s because its true. A new report shows that despite many companies struggling to maintain a culture of innovation, financial services companies are among the top three industries getting it right. One of the factors helping them […].
PYMNTS
JULY 29, 2020
from Cuba, and he (Bezos) spent formative summers on his grandparents’ ranch in Texas. For Google’s Pichai, innovation “has been a lifeline for so many businesses, especially during the global pandemic.” Bezos trains a spotlight on the fact that his mom was pregnant with him in high school, his dad came to the U.S.
PYMNTS
DECEMBER 5, 2019
A convenient and seamless ordering experience from online and mobile channels is essential for restaurant customers. Quick-service restaurants (QSRs) have heard the call for innovative digital ordering capabilities, with several major brands stepping up their investments in this area. Recent Developments From the Restaurant Front.
PYMNTS
JANUARY 22, 2019
To capture this spending, grocers are driving innovation through their brick-and-mortar stores with delivery and pickup efforts (among other initiatives). To fill those orders promptly, Walmart announced the prior month that it planned to test robots for online grocery orders. households at the end of its fiscal year.
PYMNTS
OCTOBER 16, 2018
In a bid to serve customers through digital channels, quick-service restaurants (QSRs) are rolling out new innovations. Such offerings can help QSRs bring in customers: According to the PYMNTS Restaurant Readiness Index , 62 percent of consumers said the availability of digital innovations would make them more likely to visit in the future.
PYMNTS
FEBRUARY 26, 2020
One recent collaboration came from Texas-based Randolph-Brooks Federal Credit Union (RBFCU), which partnered with Fiserv’s subsidiary Raddon to integrate the FinTech’s Predictive Analytics solution. Developments From Around The World Of Credit Unions.
PYMNTS
DECEMBER 17, 2019
Texas might be known for its BBQ, chicken-fried steak or chili, but food innovators in the Lone Star State are making their mark with meat-free products inspired by the local culinary landscape. The company uses the prickly pear because it is the Texas state plant.).
PYMNTS
JULY 14, 2020
In places that had reopened such as Texas, Florida and California, it could be enough to close them permanently. Texas karaoke club owner Mick Larkin should know. On the same day, Texas Gov.
PYMNTS
SEPTEMBER 18, 2020
The Payments Innovation Alliance, a membership group that includes financial institutions (FIs) and payment providers, has released “ Voice Payments: An Introduction and Overview ,” designed to deliver information on conversational payments and enabling technologies, including voice assistants and smart speakers.
Bank Innovation
APRIL 28, 2017
There are advantages to being local Whether they prefer to interact with an institution online or in person—or a combination of the two—millennials tend to look for organizations that are involved in making their area a better place to live. In the blue-collar community of Clute, Texas, […].
Bank Innovation
AUGUST 17, 2017
Cities in Georgia, Texas, Florida, and […]. Silicon Valley, New York City, and Boston all have thriving fintech communities, and are definitely worth a trip for the invested fintech entrepreneur, but the U.S. is already seeing a cluster of other fintech hubs emerge.
PYMNTS
JUNE 17, 2020
Online grocery shopping went to the moon from March to May, with PYMNTS’ Navigating COVID-19 series recording a 400 percent increase, equating to $6.6 billion in online spend. Smaller independent grocers have been forced to scramble to ramp up their digital services as the grocery market migrates online, however.”.
PYMNTS
JANUARY 22, 2020
Digital disbursement innovation is picking up speed in certain states, luckily, as digital payment technology becomes more readily available and less costly. In the State And Local Disbursements Report , PYMNTS examines the current state of disbursement innovation and reform for U.S. government departments.
Bank Innovation
APRIL 12, 2016
Austin, Texas-based Malauzai‘s online and mobile platforms will now include personal financial management tools. This means that before you pay that bill with a snap of your smartphone camera, you can check what other bills are coming due this week, and how much this will cut into your planned trip Read More.
PYMNTS
SEPTEMBER 29, 2020
Credit unions of various sizes were eager to roll out credit card innovation plans before the COVID-19 pandemic’s onset. These expectations also drove CU executives’ innovation agendas, with 91 percent voicing serious interest in developing card product innovations. Credit Innovation Planning Reset .
PYMNTS
APRIL 1, 2019
The service, which is called Amazon Cash, allows Amazon customers in Mexico to deposit between 100 and 5,000 pesos ($5 through $260) per online transaction, with a daily limit of 10,000 pesos. The addition of jobs in Texas comes a few weeks after Amazon pulled out of creating its second headquarters, partly in New York City.
PYMNTS
JULY 31, 2020
Another 31 percent believe they are “somewhat” likely to do so, according to findings from the May 2020 Credit Union Innovation Playbook: Challenger Banks Edition. Thirty-two percent say that it is easier to use their online services. The playbook shows that 35.9 percent of CU members. Closing The Customer Satisfaction Gap.
PYMNTS
MARCH 1, 2019
As for AT&T, it reportedly launched 5G service in these cities: Houston, Texas; Dallas, Texas; Atlanta, Texas; Waco, Texas; Charlotte, North Carolina; Raleigh, North Carolina; Oklahoma City, Oklahoma; Jacksonville, Florida; Louisville, Kentucky; New Orleans, Louisiana; Indianapolis, Indiana and San Antonio, Texas.
Fintech Labs Insights
APRIL 12, 2024
Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players. The last one, published in Jan 2014, featured 50 innovations (see below).
PYMNTS
OCTOBER 1, 2020
“One thing is certain — consumers will continue to seek out digitally-driven experiences regardless of what the future holds,” said Jess Turner, executive vice president of Mastercard’s North America products and innovation, in the announcement. “We Florida; and Texas.
PYMNTS
JULY 17, 2018
The credit union (CU) market has long argued that rules intended for larger, more traditional banks have unjustly been applied to their industry, stifling their growth and pace of innovation. Texas Tech Federal Credit Union (FCU) of Lubbock, Texas, recently announced a collaboration with omnichannel solutions provider NCR.
Bank Innovation
NOVEMBER 2, 2018
Umpqua Holdings Corporation's deal to sell its subsidiary Pivotus Ventures to the Austin, Texas-based software firm Kony, announced on Oct. 23, took several months to develop.
PYMNTS
AUGUST 23, 2017
The new eCommerce fulfillment center will be located in Plainfield, Indiana, and Kohl’s expects to begin shipping Kohls.com online retail orders from the new location by the end of this month. The Plainfield facility will join existing eCommerce locations in California, Maryland, Ohio and Texas.
PYMNTS
JUNE 5, 2020
percent of consumers were shopping for retail goods online as of May 23, up from the 32.5 percent increase of consumers who shopped online for retail goods on April 11 and 24.1 million consumers are now shopping online, compared to the 66.4 However, even the high end needs to be online. The research shows that 35.7
Bank Innovation
MAY 17, 2016
First announced in December 2015, the latest in the mobile wallet pipeline – Walmart Pay – is live as of yesterday to Walmart shoppers at 110 branches in Arkansas and a further 500 in Texas. The feature will be available in all stores “soon,” the company said. Card transactions carry Read More.
PYMNTS
JUNE 26, 2020
Because it’s at the fuel pump that Sethia and his team have made their latest customer innovation. It announced this week that it is piloting Fuel Loyalty at participating 7-Eleven stores in North and South Orlando, Florida; North Texas; and Woodbridge, Virginia. We were the first ones to have a gas station.”.
PYMNTS
DECEMBER 7, 2016
Texas-based national rent-to-own operator Rent-A-Center recently announced that it has nearly completed the nationwide rollout of an end-to-end eCommerce solution. In fact, more than 70 percent of our online customers are shoppers who are either new to Rent-A-Center or who have not done business with us in over one year.”.
PYMNTS
JANUARY 7, 2020
For instance, online marketplace and auction site eBay has released eBay Motors , a new app that uses artificial intelligence (AI) to list a car in under five minutes, according to a report by The Verge. Financing is also part of the new wave of innovation in this area. for both iOS and Android. New Financing.
PYMNTS
OCTOBER 23, 2020
It is thus incumbent upon credit unions to listen to members’ feedback as they work to enhance their mobile and online offerings — or else risk losing them to competitors who provide superior experiences. Texas Trust Credit Union turned to a “Game of Thrones”-inspired loan offering in an effort to appeal to younger demographics, for example.
PYMNTS
AUGUST 22, 2019
The Sock Spot CEO Ben Williams, for instance, worked for a manufacturer in eCommerce and decided to start his own online shopping company. The Sock Spot is part of a larger trend of digital innovators tapping into automated retail. Alpaca Market , for instance, has a network of vending machines and smart fridges in Austin, Texas.
PYMNTS
JULY 1, 2020
While gyms may feel the strain of sudden declines in revenue, they might be able to create new business strengths with innovative approaches and help from payment partners. At the time, it was noted that the Texas company would close 32 corporate-owned facilities for good and reorganize its balance sheet.
PYMNTS
FEBRUARY 7, 2019
“With continued innovation and personalization, we are providing customers with more ways to enjoy fresh, delicious meals that align with their individual tastes.” In addition, Home Chef announced the launch of a customizable meal kit feature for online orders, so that customers can easily change and upgrade recipe ingredients.
PYMNTS
APRIL 3, 2019
Convenience stores (C-stores), overall, are in an innovation rut. It’s almost as if pay at the pump has become a pit stop for innovating and using IT to their advantage. It’s almost as if pay at the pump has become a pit stop for innovating and using IT to their advantage. When It Comes To C-Store Innovation, Size Matters.
Bank Innovation
MARCH 16, 2016
It will reach Texas, Florida and New York in the next 10 to 12 months, according to the company, which claims that, in less than three Read More. Millennials hate credit — but a new service called Lenny is out to change that. Lenny is meant for mobile (of course) and launched today in California.
PYMNTS
JANUARY 21, 2019
To help event organizers distribute tickets, online platforms are creating environments that efficiently work for buyers and sellers. The Austin, Texas-based company provides software to organizers of large and small events. “It Ticket Buying Innovation. It wasn’t leveraging the latest and greatest.”
PYMNTS
JANUARY 25, 2019
That doesn’t mean they can’t be about innovation. Supermarkets are home to some of retail’s major and ongoing technological advances — and 2018 stands as a big year for grocery innovation. Consumers must have Coinme online accounts to claim their bitcoin. It works like this: A consumer inserts U.S.
PYMNTS
JANUARY 31, 2019
“Following an assessment of our operational structure in light of this progress, we identified an opportunity to further optimize our processes by transferring a substantial portion of our production volume from our Arlington, Texas facility to our largest and most efficient facility in Linden, New Jersey.”.
PYMNTS
JUNE 6, 2019
When it comes to small business (SMB) lending, the top two contenders for business owners are banks and alternative financiers or online marketplaces. Rather, payments and security have emerged as top focuses, according to the Credit Union Innovation Playbook. Not everyone is on board with the effort, though.
PYMNTS
JUNE 19, 2018
Warehouse clubs may conjure up images of cavernous stores stocked high with merchandise as far as the eye can see, but Walmart ’s Sam’s Club is taking a different approach with a new store in Texas. The new brick-and-mortar location will come chock-full of new retail innovations, but the store won’t carry a plethora of items.
William Mills
DECEMBER 12, 2017
Customer experience, automation, machine learning, artificial intelligence (AI), ease of use, flexibility – all of these were part of the discussions at this year’s SourceMedia’s Small Business Banking Conference in Austin, Texas. In fact, 97 percent of online applications are abandoned by the customer, according to Forrester.
PYMNTS
JANUARY 6, 2020
Yet, the broader perception of smaller financial institutions (FIs) in the industry is that these banks lack the resources that larger banks offer, as well as the agility of emerging FinTech firms, to promote product and service innovation to their SMB clients. A Consolidating Industry.
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