BNP Paribas, the French bank which generated $12.9 billion of revenue last quarter, has launched the first “standalone, digital mobile bank” in Europe — and has done so with a rousing symphony. According to Finextra, a Hello Bank! account can be opened in just four steps from an Android or Apple smartphone, tablet and over...
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Technology
VIDEO: BNP Paribas Introduces Its New Hello Bank With a ‘Surprise’ Symphony
Security and Mobile Wallet Top of Mind At Finovate Spring 2013
Authentication of users, particularly users of mobile banking, was top of mind at Finovate, as was mobile wallet. This is fitting, since a recent study showed security fears were the number one reason holding back mobile wallet adoption. None of the five Best of Show award winners were from these two prominent product categories....
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VIDEO: Google Enables the Sending of Money Using Gmail
Google stole a bit of the thunder from Finovate Spring 2013 when it announced yesterday — at its I/O event very close by in San Francisco — that it was enabling Gmail users to send money using just their email accounts. In the late 1990s a friend asked me, “Why can’t I just email...
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Paperless transformation: Next steps for maximizing benefits across the enterprise
By Marcia Wakeman, Partner The financial services industry has made great progress in recent years toward eliminating paper-driven processes. Going paperless has opened the door to more efficient operations, lower costs, improved compliance and better knowledge management. But banks still rely heavily on the physical flow of paper for customer-facing activities. Transporting paper across...
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Finovate Day 2 Afternoon Recap and Ratings
Finovate Day 2 Afternoon Recap, Reaction, and Ratings, from Bank Innovation Curaxian Curaxian is taking on ecommerce payment fraud. Curaxian analyzes payments data to cut down on manual review costs. Fighting fraud costs time, money and lost orders, so Curaxian is looking to automate it and stop fraud without stopping good orders. The fraud...
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Finovate Day 2 Morning Recap and Ratings
We’re into Day 2 here at Finovate. Bank Innovation has been following the presentations and here’s our recap and ratings for your reading pleasure. SESSION 1 Finovera Finovera is a tool for simplifying and managing your financial life. Users can organize various accounts and pay bills without dealing with a stack of paper bills. It’s...
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Finovate Day 1 Afternoon Recap and Ratings
Bank Innovation attended Finovate Spring 2013 in San Francisco and rated all the presenters. Here’s the second half of Day 1′s presenters. SESSION 3 Corduro Corduro introduced a cloud-based multichannel transaction engine called PayMobile. The mobile wallet solution works with cards but is designed for the smartphone. On the other end of the transaction,...
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Finovate Day 1 Morning Recap and Ratings
Couldn’t make it to Finovate Spring 2013 in San Francisco? Bank Innovation did, and recorded — and rated on a scale of 1 to 5 — all the action on the big stage. SESSION 1 EyeVerify EyeVerify is a biometric verification system for online banking logins. Users “sign in” with an eyeprint – a...
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PayPal Rebrands, Relaunches Developer Kit
Developers have long used PayPal’s Mobile Payment Libraries to develop in-app mobile payment functionality. But yesterday PayPal quietly completed the rebranding and relaunch of Mobile Payment Libraries as Mobile SDK with the introduction of SDK for Android. (IOS Mobile SDK was introduced last March.) Mobile SDK, apparently, is expected to better sell PayPal as a...
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@BankInnovation Initiates Coverage of FinovateSpring 2013
Our man Phil Ryan is out in San Francisco covering FinovateSpring. See his Twitter coverage of the event at @BankInnovation or at the #finovate hashtag. Phil will also be posting Bank Innovation’s customary ratings of the demoing companies here over the next couple of days.
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