Bank Innovation

AUGUST 25, 2017

Digital mortgage technology startup, Blend, raised $100 million in a Series D round, bringing its total funding to $166 million, the company said Thursday. Based in San Francisco, Blend was established […]. Based in San Francisco, Blend was established […].

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Bank Innovation

MARCH 7, 2018

EXCLUSIVE–The potential use cases of blockchain technology in banking continue to captivate bankers, but topics like cryptocurrency and Initial Coin Offerings, or ICOs, may be losing a bit of their edge. This is according to a panel on the subject during Bank Innovation 2018, which wrapped up yesterday in San Francisco.

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Bank Innovation

MARCH 9, 2018

EXCLUSIVE - On March 6 in San Francisco, 12 impressive startups demoed their latest in fintech technology at INV Fitnech's 2nd annual demo day. INV Fintech, the sister accelerator to Bank Innovation, is partnered with Fiserv and eight banking partners with over $3 trillion dollars in assets.

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Bank Innovation

FEBRUARY 12, 2020

Nova Credit, a startup whose technology helps banks underwrite immigrants, is growing its auto finance and mortgage offerings. The San Francisco-based company, which partners with such large institutions like American Express, allows institutions to pull foreign credit data to develop U.S.-equivalent

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Bank Innovation

NOVEMBER 22, 2019

Plaid will work with more than 80% of the consumer accounts in each country, a major step for the San Francisco-based company with the likes of BNP Paribas, Bank of Ireland, BBVA and Santander onboarding the technology. This week, data aggregator Plaid confirmed its expansion to France, Ireland and Spain.

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William Mills

JUNE 26, 2023

Our CEO, William Mills, attended this year's FinovateSpring in San Francisco and sat down with leading fintech and financial services innovators to examine the latest technological advancements in the industry. Watch the full interview series below.

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Bank Innovation

JANUARY 31, 2017

Marie Floyd, Senior Vice President and Head of Digital Consumer Experience at Wells Fargo, is set to speak at Bank Innovation 2017. Floyd is responsible for customer insight and digital applications at the San Francisco-based bank, an area that includes the company’s web applications as well as the content and Read More.

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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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Bank Innovation

OCTOBER 9, 2019

Digital expense management company Expensify launched a corporate card this week, building on its automated transaction tracking technology. David Barrett, CEO of the San Francisco-based company, told Bank Innovation that the […].

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Bank Innovation

NOVEMBER 19, 2018

The number of financial technology companies is on a rise, and every year many of these new companies as well as established ones choose to situate themselves in cities that are not San Francisco or New York. In some cases, the establishment of one powerful player in a region automatically turns a place into a […].

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Bank Innovation

NOVEMBER 30, 2017

The underlying technology that powers digital currency remains more interesting to the Federal Reserve than the development of digital currency, according to comments made by John Williams, president of the San Francisco Federal Reserve Bank.

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PYMNTS

OCTOBER 12, 2018

The innovation economy requires more than caffeine and collaboration for fuel. WeWork also wants to make a bigger name for itself as an enabler of innovation. Its founders, three sisters from San Francisco, turned down Mark Cuban’s $30 million offer to buy the startup in 2015. Innovation Program. Innovator Awards.

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PYMNTS

JULY 8, 2020

“Startups are a great source of innovation in the IT industry, but are now especially cash-constrained,” Max Azaham , a senior research director at research and consulting firm Gartner Inc., told the Journal. He said coronavirus has caused investors to turn their backs on companies seeking less than $100 million. Groupon Inc. and Airbnb Inc.,

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PYMNTS

AUGUST 8, 2019

bank Standard Chartered is expanding its network of innovation labs with the launch of an eXellerator lab in Shanghai, reports said this week. 7) that the Shanghai opening adds to Standard Chartered’s existing network of labs, which are open in Singapore, Hong Kong, Kenya, London and San Francisco.

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William Mills

JUNE 8, 2022

Our CEO, William Mills, attended this year's FinovateSpring in San Francisco and sat down with leading fintech and financial services innovators to examine the latest technological advancements in the industry. Watch the full interview series below.

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American Banker

FEBRUARY 27, 2024

The San Francisco neobank made "occasional mistakes" regarding its responsiveness to customer complaints, according to the California Department of Financial Protection and Innovation.

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PYMNTS

MARCH 3, 2017

Technology innovation can happen at any place at any time. As rental prices for prime real estate in large cities continues to rise, startup companies and innovation centers look to the surrounding areas. It soon found out that it needed more than just fast internet to attract the tech-savvy crowd.

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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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PYMNTS

JULY 26, 2016

The employees to be housed in the new facility are ones who are focused on technology research, business intelligence, data security and merchant services. Visa said it has new technology development centers in Bangalore and innovation centers in Dubai, Miami, San Francisco and Singapore.

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PYMNTS

MAY 27, 2020

Amazon is in talks to buy self-driving car startup Zoox in a move that would advance the eCommerce giant’s reach in autonomous vehicle technology, according to a Tuesday (May 26) report in the Wall Street Journal (WSJ), citing sources familiar with the matter. Amazon has established a team devoted to driverless vehicle technology.

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Bank Innovation

JANUARY 24, 2019

The additional APIs and SDKs should allow more integrations with other technology services and applications. 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.

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Bank Innovation

NOVEMBER 12, 2018

MUFG Bank and Banco Bradesco will use distributed ledger technology from Ripple, a San Francisco-based software vendor specializing in global real-time settlements, to create a new cross-border payment service between Japan and Brazil.

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BankInovation

JUNE 1, 2023

BNY Mellon looks to startups to address internal and client-facing technology challenges throughout the bank. million bank communicates with executives and clients to identify areas of friction, Zakie Twainy, digital partnerships and enterprise innovation at BNY Mellon, said at the recent Finovate Spring 2023 event in San Francisco.

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Bank Innovation

NOVEMBER 12, 2018

MUFG Bank and Banco Bradesco will use distributed ledger technology from Ripple, a San Francisco-based software vendor specializing in global real-time settlements, to create a new cross-border payment service between Japan and Brazil.

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PYMNTS

SEPTEMBER 26, 2018

California Attorney General Xavier Becerra and San Francisco District Attorney George Gascón announced on Wednesday (Sept. 26) that they have reached a settlement with Uber Technologies Inc., in which Uber will pay $148 million to resolve allegations that it violated state laws pertaining to data breach reporting.

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PYMNTS

FEBRUARY 5, 2020

Uber doesn’t have concrete plans to put the vehicles back on the roads yet, but said it will notify the required authorities if it plans to return to San Francisco. An Uber spokesperson called San Francisco “a great city to gather key learnings for self-driving technology,” due to its complex and changing environment.

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PYMNTS

JULY 22, 2019

Much of the excitement surrounding automated retail — aka cashierless retail — has been driven by Amazon Go, but the enthusiasm for “just-walk-out” technology has been tempered by the stores’ limited locations. French retail giant Carrefour SA has also been testing camera and image-recognition technology in grocery stores.

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BankInovation

MARCH 22, 2023

Customers have opened 4,000 accounts with finance and technology company Brex since the collapse of Silicon Valley Bank on March 10 as fintechs look to banking providers that understand startups and innovation.

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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. The technology has been made famous by Amazon through its checkout-free Amazon Go stores. Better Fit.

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PYMNTS

NOVEMBER 17, 2020

Revolut said its new open banking offer was developed with TrueLayer , a London-based financial technology (FinTech) company. According to a report by CNBC , Revolut is likely to seek a charter with the Federal Reserve Bank of San Francisco and California’s Division of Financial Institutions. banking license.

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Bank Innovation

MAY 31, 2017

Unison, a 12-year-old company based in San Francisco, wants to fix both of those issues. Applying for a mortgage is (arguably) the most important decision in any customer’s life. It is also one of the most expensive decisions that’s completed through a (usually) painful process.

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PYMNTS

MAY 15, 2019

To help improve their operations, consumer services companies appear to have some very specific ideas about digital technology. The report also noted that many firms believe technology could also bolster their back-office operations. From Yelp to Apple , technology companies are providing solutions that could serve retail environments.

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William Mills

JUNE 14, 2023

This year, FinovateSpring took place at Marriott Marquis in San Francisco on May 23-25 where 1,300+ attendees were able to engage with impressive demos, insightful keynote speakers and expert panels.

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PYMNTS

OCTOBER 7, 2019

Waymo announced that it will use its 3D mapping technology to figure out if its self-driving cars can navigate the heavy traffic congestion in Los Angeles. Waymo] vehicles will be in town exploring how [our 3D technology] might fit into L.A.’s Is it similar to San Francisco congestion, and the behavior of San Francisco?

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PYMNTS

MAY 3, 2020

A lawsuit against Uber alleges that the company engaged in deceitful practices to drive its competitor Sidecar Technologies out of business in 2015, according to Reuters. The lawsuit by SC Innovations, Sidecar’s successor, has been allowed to go forward by Judge Joseph Spero in San Francisco.

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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. Sistema’s website said the investment company focuses primarily on “new and innovative industries, with no restrictions on geography or industry.”.

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PYMNTS

NOVEMBER 14, 2019

The latest example of the power of those digitally-enabled innovative efforts comes from online freight marketplace operator Convoy. The startups, including Uber Technologies Inc.’s Basically, NEXT Trucking uses digital technology to connect shippers with drivers and trucking companies (many drivers work for themselves, of course).

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