Catch the Early Bird Rate for Bank Innovation Ignite Before It Flies Away!
Interested in joining us for Bank Innovation Ignite 2019 on March 11-12 at the Hyatt Olive 8, Seattle? You’d better hurry! Early registration ends this Friday, February 1 at 11:59 PM. Register here to...
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 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 ArticleLet Ignite Ideas Spark Innovation at Your FI
As an executive in the ever-changing banking landscape, what separates early adopters from followers? How do innovators hone in on a specific focus when new technology darlings seem to emerge every...
View ArticleJack Henry Slow to Deploy P2P Service Zelle to Credit Unions
Core processor Jack Henry & Associates might have signed a deal with Zelle's parent company Early Warning in 2016, but it won't be deploying the P2P service until 2020, at earliest, Bank Innovation...
View ArticleBI Ignite 2019: How Banks and Fintechs Are Harnessing Data and Emerging...
Lisa Frazier, Head of Innovation at Wells Fargo, says the bank wants to use artificial intelligence not just to make their customers' experience smoother and more delightful, but to help them make...
View ArticleFIS’s $34 Billion Bid for Worldpay Drives Payments M&A Spree
Fidelity National Information Services Inc. agreed to acquire Worldpay Inc. for about $34 billion in cash and stock, the biggest deal ever in the international payments sector. The industry is at the...
View ArticleBI Ignite 2019: Tackling Payments Innovation and Rebuilding Trust [Video]
Ignite Ideas talks at the Bank Innovation Ignite 2019 conference in Seattle last month tackled issues of financial inclusion, designing products that enhance the customer experience, revamping...
View ArticleProspects for More De Novo Digital Banks Come Into Clearer Focus
Get ready for more banks. Digital ones, that is. New data shows that consumers -- and financial institutions -- are more inclined toward greenfield digital banks. In a recent survey by Fiserv, 86% of...
View Article3 Notable M&A Deals in Payments
Two of the biggest M&A deals in fintech history occurred in the past three months: Fiserv Inc's $22 billion purchase of First Data Corporation and Fidelity National Information Services's...
View ArticleZelle Reports Record High Payment Value, Volume in Q1
Zelle, the P2P payments service run by Early Warning Services LLC, reported $39 billion in transaction value for the first quarter of 2019, representing a 54% year-over-year increase in payment value...
View ArticleMore Deals, Less Funding for Fintechs in Q1 2019
The number of fintech funding deals in the first quarter this year recovered from the previous quarter's dip, but it's still not near the record highs seen in 2018, according to a CB Insights report....
View ArticleGlobal Payments acquires TSYS for $21.5b
The consolidation wave among payments companies got a major boost today with Global Payments’ acquisition of Total Payments Systems (TSYS) for $21.5 billion in stock. It’s the third major payments...
View ArticleCan the US draw lessons from Czech contactless card adoption?
As contactless payments gain wide adoption in Europe, there are questions around how quickly the technology will scale to U.S markets. The Czech Republic, for example, has seen wide adoption based on...
View ArticleINV Fintech accelerator signs up BMO Harris Bank
INV Fintech has secured BMO Harris Bank as a member of its accelerator and technology innovation platform, INV announced today. INV Fintech, the sister accelerator to Bank Innovation, fosters...
View ArticleAs payments giants combine, Square narrows its focus
Mega-mergers in the payments sector appear to be leading Square to narrow its business focus and boost investment in its seller and Cash App ecosystems. To help fuel its investments, the payments...
View ArticleInside OTP Lab, Eastern Europe’s most adventurous bank innovation effort
It might have $55 billion in assets and 18.5 million customers in 10 countries, but OTP Bank, one of the largest financial institutions in Central and Eastern Europe, might be one of the most...
View ArticlePayActiv adds instant payday advances to lure more employers to its platform
PayActiv is tapping into the demand for employee payday advances by linking up with employers to offer the feature directly through payroll. PayActiv’s growth is evidence of the strong demand for...
View ArticleGulf Capital, a ‘de novo’ bank, to launch without legacy tech
Gulf Capital Bank, Houston’s first new bank to launch since 2009, will open its doors by early next year. It confirmed on Monday that it received conditional approval from the Texas Department of...
View ArticleINV Fintech’s pivot to bank enablement evident in new accelerator class
INV Fintech’s new class, announced today, solidifies the accelerator’s pivot to greater bank enablement. INV has refocused its operations within the last year on FI enablement, and the new class –...
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