Fiserv Gets Revenue Boost from Zelle
Zelle made a difference to the bottom line of financial technology provider Fiserv, the company reported on its earnings call yesterday. “P2P transactions, including Zelle, grew nearly 30%,” according...
View ArticleUnity Bank Chooses Finastra for New Digital Loan Product
Today Finastra announced a partnership with Wis.-based Unity Bank for a digital loan solution. Unity Bank, with $450 million in assets, has begun to leverage loan technology to streamline its...
View ArticleInterbank Blockchain Stellar Receives Boost as Lightyear Buys Chain
Competition and consolidation are heating up in the interbank blockchain space. Chain, a startup that raised more than $40 million from the likes of Fiserv and Citigroup, has been acquired by...
View ArticleHSBC Bank USA to Launch Roboadvisor
HSBC Bank USA will join the likes of Betterment, and Acorns by stepping into roboadvisor territory. For the task, HSBC has tapped Providence, R.I.-based wealth management platform Marstone to deploy a...
View ArticleConsumers Would Be Comfortable Using Google or Apple For Taking Out Loans,...
Banks need not fear large technology companies like Google or Apple taking their business. Digital banking continues to be the most convenient option for simple daily transactions, but branches are...
View ArticleBankers Believe Realtime Will Give Their FIs Competitive Advantage
Most banking executives believe realtime payments will give banks a competitive advantage, according to a recent Finextra report. The report, titled "Payments Transformation: Jostling for Position in...
View ArticleDo Community Banks Really Need Zelle?
Bank-backed payment service Zelle crossed $32 billion in transactions in the last quarter, almost twice that of Venmo, but the P2P provider is not as omnipresent among banks as one would expect it to...
View ArticleINV Fintech Announces Sixth Class of Startups
INV Fintech, Bank Innovation’s sister accelerator, has announced its sixth accelerator class, which begins this week with six unique startups seeking to revolutionize financial services. The six...
View ArticleZelle Says It Welcomes Community Banks
Last week, Bank Innovation wrote about the difficulty smaller banks claim to experience offering their customers the P2P platform Zelle. The smaller financial institutions voiced concerns of long waits...
View ArticleBank Innovation Announces Demo Opportunity for Fintech Startups
It’s opportunity time for fintech startups. On March 12, 2019, Bank Innovation will host its ninth DEMOvation Challenge, in which fintech startups demo before a crowd of conference attendees in the...
View ArticleNicolas Kopp, CEO of N26 USA, to Speak at Bank Innovation Ignite
Nicolas Kopp, CEO of the N26 U.S.A., will speak at Bank Innovation Ignite in Seattle in March 2019 on Building the Future of Banking. Building the bank of the future is something Kopp knows a lot...
View ArticleDan O’Malley, CEO of Numerated, to Speak at Bank Innovation Ignite
Dan O’Malley, CEO of Numerated Growth Technologies, Inc., will speak at Bank Innovation Ignite in Seattle in March 2019 on Building the Future of Banking. Building banks of the future is something...
View ArticleSmaller Banks and Financial Services Firms Struggle as Cybercrime Gets...
Mismatched cybersecurity components, a lack of customizable solutions, and a shortage of quality and/or affordable cybersecurity talent can make it hard for financial institutions to defend their...
View ArticleBank Innovation’s Top 5 Stories of 2018
It’s been an interesting year. Bitcoin is no longer enjoying the limelight, non-bank giants like Amazon, Walmart and Google have shaken up the banking landscape and automation has become the norm in...
View ArticleWhy Lloyds Bank Is Moving Its Core to the Cloud in 2019
Lloyds Bank plc plans to deploy a new core from cloud banking provider Thought Machine in 2019 as part of a project to lower its risk and increase its innovation potential. The bank has announced it...
View ArticleTemenos ‘Absolutely’ Interested in Increasing Its Market Presence in the U.S.
Switzerland-based financial software provider Temenos looks poised for expansion in the U.S., where it sees great potential for growth in digital banking. Of course, it's up against entrenched players...
View Article4 Notable 2018 Bank-Fintech Partnerships
While some banks and fintech view each other as competitors, that’s not always the case. In fact, there have been a number of significant bank-fintech partnerships this year. What follows is a list of...
View Article5 Fintech Companies to Watch in 2019
Acquisitions, partnerships and the roll-out of various new products and services made 2018 a very active year in banking and fintech. But was it all just setting the scene for an even busier 2019? Here...
View ArticleFiserv-First Data Megadeal Includes $500 Million Innovation Spend
Fintech provider Fiserv said today that it will purchase payment processor First Data Corporation in a massive $22 billion deal, and the transaction will come with a hefty investment in innovation. The...
View ArticleZelle to Add 200 FIs and Finastra Partnership in 2019
Bank-backed Zelle will offer its P2P service to core processor technology provider Finastra this year, Bank Innovation has learned. This move is an important part of Zelle's onboarding strategy. "Our...
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