Crypto Is Over: Paris Fintech Summit Returns to Disrupting Banks
Crypto fever has truly broken. That was a big takeaway this week from the Paris Fintech Forum, one of the biggest annual gatherings of its kind in Europe. On Tuesday and Wednesday, about 3,000...
View ArticleZelle’s Value to Banks Beyond P2P
Bank-backed Zelle is valuable to banks for its P2P service and the market data it gathers from working with multiple FIs. Zelle has dedicated a department to customer listening, Ravi Loganathan, chief...
View ArticleBank Innovation’s Top 3 Posts in January
January marked a busy start to the year for banking and fintech. It was a month full of acquisitions and deals in the fintech space, as well as plenty of earnings reports from some of the biggest banks...
View ArticleBI Ignite 2019 DEMOvation Application Deadline is Friday
Time is running out to apply for Bank Innovation’s DEMOvation Challenge, in which fintech startups demo before a crowd of conference attendees in hopes of earning their vote and walking away with...
View ArticleAmex and Mastercard Zeroing In on Businesses with New Partnerships
Today American Express and Mastercard launched new offerings geared toward business clients. Amex and digital business payments firm Bill.com announced a strategic partnership along with the rollout of...
View ArticleConsumer Expectation of Brand Trust is on the Rise
One of the tenets of marketing and running a business is building and maintaining trust in your company. That's because if you lose the trust of customers, they are no longer your customers. One might...
View ArticleHow Customer Expectations Spur Innovation, Partnerships in Cross-Border Payments
For small business owners, freelancers, and gig economy workers, the minute you’re online — you’re global. Jody Perla, managing director at cross-border payments company Payoneer, told Bank Innovation...
View ArticleStripe, a $23 Billion Startup, Reckons With Waning Globalization
In 2010, when Patrick Collison founded Stripe Inc. with his younger brother John, he thought the world was headed toward ever-increasing globalization, economic stability and international commerce....
View ArticleBB&T-SunTrust Faces Daunting Tech Integration After $66 Billion Merger
BB&T will inherit SunTrust Bank’s expansive technology as a result of its $28.2 billion all-stock acquisition of the bank. But the real negotiation between the two banks is still to come. That...
View ArticlePayPal Widens Lead Over Other Financial Firms for Most Popular App, Report Finds
According to software firm Okta’s 2019 Businesses @ Work report released today, PayPal widened the gap between itself and other financial companies last year as the most popular banking and personal...
View ArticleBlockchain, Not APIs, Is Key to Faster Payments, Report Says
Most finance professionals are not using APIs to facilitate faster payments, according to a new report from TD Bank. Even more surprising is that many of them don’t intend to use APIs in the future....
View ArticleDoors Opening for Open Banking, But Are U.S. Banks Ready to Enter?
More banks are opening up to open banking and the idea of sharing data, at least abroad. Lloyds Banking Group plc this week rolled out a new open banking functionality for its mobile banking app,...
View ArticleFiserv Enjoying Zelle’s Growth While Expecting More
Fresh off its January announcement to acquire payments processor First Data Corporation, financial technology vendor Fiserv seems to be banking on a breakout year for the bank-backed P2P payment...
View ArticleStoneCastle’s Joshua Siegel Talks Cambr, Which Lets Non-Banks Play Bank
Cambr, a cloud-based platform powered by investment firm StoneCastle and digital banking software provider Q2 Holdings, is helping neo-banks and fintechs launch and scale up through a network of 850...
View ArticleWhat BNY Mellon Seeks in a Fintech Partner
BNY Mellon is on the hunt for fintech partnerships related to popular technologies like blockchain, data analytics, and AI, but also those related to more obscure technologies like natural language...
View ArticleIs Consumer Choice as Much a Factor as Speed in Payments Innovation?
Ingo Money CEO Drew Edwards said instant availability and usability of funds is all but expected across the payments space these days, thanks largely to the success of P2P platforms like PayPal’s Venmo...
View ArticleUnion Bank’s Head of Business Data Explains the Importance of Prescriptive...
It's the combination of prescriptive data analytics and predictive analytics that the new head of business data and insights at Union Bank, Una Fox, said is key to driving growth for the bank and its...
View Article‘Fintech-as-a-Service’ Startup Rapyd’s $40 Million Series B Round Co-Led by...
Rapyd, a fintech-as-a-service platform through which businesses and consumers can pay or be paid as they choose for local and cross-border e-commerce, wants to be the Amazon AWS for financial services....
View ArticleJPMorgan to Use Digital Coin to Speed Up Corporate Payments
JPMorgan Chase & Co. is turning to crypto to modernize one of its most central businesses. The biggest U.S. bank said it developed a prototype digital coin that it plans to use to speed up payments...
View ArticleTo Lure Tech Talent, Fintechs Relocate, Pull Out Wallets and Dangle Cultural...
Established fintechs, startups, banks and tech giants alike are pulling out all the stops to attract and retain the same pool of tech talent. Some firms move operations to where the people are, others...
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