Innovations

Fintech Accelerators Are Not Destined to Die

Fintech Accelerators Are Not Destined to Die

by February 4, 2016 at 10:35 am 0 comments

Long live the fintech accelerator. With all due respect to American Banker‘s BankThink portal and Forrester Research, the future could not be brighter for fintech accelerators, and I write that not just because Bank Innovation has launched an, er, fintech accelerator with Fiserv, U.S. Bank, and Cross River Bank. Last week,Read More

Dwolla Launches Updated API for ACH Transactions

Dwolla Launches Updated API for ACH Transactions

by February 4, 2016 at 10:11 am 2 comments

It’s now easier and faster than ever to hook into the ubiquitous Automated Clearing House network, thanks to Dwolla. With the new version of its bank transfer API, released yesterday, Dwolla may not be able to speed up ACH settlement times, but everything else about the experience should be faster for impatientRead More

Payments Predictions 2016: Faster Payments, M&A, and a Blockchain Breakthrough

Payments Predictions 2016: Faster Payments, M&A, and a Blockchain Breakthrough

by February 2, 2016 at 10:46 am 1 comment

Peter Drucker once famously stated “Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window.”  With this in mind, yet nonetheless undaunted, Carlisle & Gallagher Consulting Group decided to go for a proverbial drive downRead More

Cambridge Blockchain Wins Santander/Onevest Distributed Ledger Challenge

Cambridge Blockchain Wins Santander/Onevest Distributed Ledger Challenge

by January 28, 2016 at 12:42 pm 0 comments

Many banks are interested in using distributed ledger technology, but Santander has taken matters a step further by hosting a competition among blockchain startups. The event took place in New York yesterday at an Amazon Web Services popup loft in SoHo. Distributed ledgers are not identical to blockchains, it should beRead More

Silicon Valley Bank’s Dan Kimerling to Talk APIs at Bank Innovation

by January 28, 2016 at 10:45 am 0 comments

Dan Kimerling, head of research & development at Silicon Valley Bank, has joined the speaker faculty at Bank Innovation 2016. Kimerling co-founded Standard Treasury with Zac Townsend in 2013. Standard Treasury developed software to build an API-driven bank and was a leader in the space of fintech startups building software specifically for banks. Silicon Valley Bank acquired Standard Treasury in the summer of 2015.

Moven Partners with Loan Refinancers Payoff and CommonBond

Moven Partners with Loan Refinancers Payoff and CommonBond

by January 27, 2016 at 9:30 am 3 comments

Moven has signed a deal to partner with Payoff and CommonBond, two companies helping borrowers refinance debt, the mobile banking service announced today. Moven is, well, movin’ these days. It’s one new initiative after another, and those in favor of financial innovation should give the Brett King-led startup a tipRead More

JPMorgan Chase’s Bose to Fireside Chat at Bank Innovation

JPMorgan Chase’s Bose to Fireside Chat at Bank Innovation

by January 21, 2016 at 6:02 pm 0 comments

Dr. Abhijit Bose, head of digital intelligence for consumer & community banking for JPMorgan Chase, will participate in a fireside chat at Bank Innovation 2016 on March 1 in Seattle.

Finance Apps Shine on Wearables

Finance Apps Shine on Wearables

by January 21, 2016 at 12:00 pm 1 comment

Where are mobile financial services most popular? Try your wrist. Finance apps proved to be among the most popular on wearable devices, according to App Annie’s 2015 Retrospective report. On smartphones and tablets, finance apps didn’t make the Top 10. There was one market, however, that proved an exception: China. In China,Read More

New Jack Henry CEO Looks to Credit Cards, Acquisitions for Growth

New Jack Henry CEO Looks to Credit Cards, Acquisitions for Growth

by January 21, 2016 at 9:56 am 0 comments

Financial technology firm Jack Henry & Associates will soon have a new CEO — but it won’t be changing its culture. The CEO-to-be is Dave Foss, no stranger to the company — he’s been at JHA for 18 years, most recently as president, a role he will retain as CEO. In July,Read More

Bank Innovation, Fiserv Partner to Launch Fintech Accelerator

Bank Innovation, Fiserv Partner to Launch Fintech Accelerator

by January 20, 2016 at 9:06 am 3 comments

Bank Innovation and Fiserv today announce the launch of Bank Innovation INV, a revolutionary fintech accelerator that will cultivate financial services startups around the world. INV is now accepting applications for its first accelerator class, which will commence this quarter.

Why We’ve Launched a Fintech Accelerator

Why We’ve Launched a Fintech Accelerator

by January 20, 2016 at 9:05 am 3 comments

In 2009, as the financial services sector boiled, Bank Innovation was launched for one simple reason: it was (or would be at the time) an imperative that banking institutions innovate. Today, that imperative is as sure as rain. Digital banking is no longer a backwater at banks. “Chief Innovation Officer”Read More

Two Digital Banks Launch in a Single Day

Two Digital Banks Launch in a Single Day

by January 14, 2016 at 11:27 am 3 comments

Today seems like a good day to launch a digital bank. At least, that’s what two banks decided this week. This morning, Barcelona-based CaixaBank launched imaginBank, which it describes as Spain’s first mobile-only bank for millennials. And also this morning, Equitable Bank, based in Toronto, announced EQ Bank, a digital-only bank withRead More