Post Tagged with: "Cross River Bank"

Application Period Opens for Second INV Fintech Accelerator Class

Application Period Opens for Second INV Fintech Accelerator Class

by August 15, 2016 at 12:42 pm 1 comment

Calling all fintech startups — today marks the opening of the application period for the second class of INV Fintech, a global accelerator operated by Bank Innovation and Fiserv. Interested startups can apply here. The application period will close Friday, September 9. INV, which launched in January, is the firstRead More

Finally, a Bank Built for Fintech Startups (But It’s in Germany…)

Finally, a Bank Built for Fintech Startups (But It’s in Germany…)

by March 16, 2016 at 1:24 pm 2 comments

It’s a truth universally acknowledged that fintech startups need banks and the services — not to mention the regulatory protections — they offer. Berlin-based “fintech company builder” FinLeap has taken this to its logical conclusion by building a licensed bank for its startups to leverage. The result, called solarisBank, markets itself as aRead More

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

The Bancorp Ain’t the Innovation Engine It Used to Be

The Bancorp Ain’t the Innovation Engine It Used to Be

by February 3, 2016 at 12:40 pm 0 comments

It is a sad truth: AML violations have cut the innovation practice at The Bancorp. The Bancorp, which released earnings yesterday, arguably has been a leading advocate for fintech over the last several years, notably providing the bank charter behind Simple. But The Bancorp is facing regulatory scrutiny for itsRead 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 6 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.

10 Most Innovative CEOs in Banking 2015, Page 2

10 Most Innovative CEOs in Banking 2015, Page 2

by December 3, 2015 at 11:49 am 3 comments

4. Heather Cox, Citi FinTech Big banks can’t innovate? Er, no one told Heather Cox or Citigroup, which recently launched a mobile-first unit led by Cox, previously the bank’s chief client experience, digital and marketing officer. Cox was in charge of Citibank’s move to the Apple Watch last March, wellRead More

Have Banks Already Lost the Battle for the Customer Relationship? [VIDEO]

Have Banks Already Lost the Battle for the Customer Relationship? [VIDEO]

by November 18, 2015 at 11:19 am 0 comments

Fintech startups are everywhere, but banks still own the customer, right? Maybe not. An interesting discussion took place last week in Tel Aviv at Bank Innovation Israel between three bankers with differing viewpoints on this issue. The panel discussion, hosted by Paul Schaus, CEO of the consultancy CCG Catalyst, wasRead More

Cross River Bank Securitizes $100 Million in Marketplace Loans

Cross River Bank Securitizes $100 Million in Marketplace Loans

by October 5, 2015 at 11:30 am 1 comment

Cross River Bank, an early and active player in marketplace lending, closed a major deal to securitize $100 million in marketplace loans, the bank announced Friday. Marketplace lending is a small but massively expanding sector– Lending Club has facilitated more than $11 billion in loans since its founding in 2006,Read More

Cross River Bank to Securitize $100 Million of Marketplace Loans

Cross River Bank to Securitize $100 Million of Marketplace Loans

by July 27, 2015 at 4:38 pm 0 comments

Cross River Bank, a major player in the marketplace lending space, expects to securitize $100 million of these loans later this year, Bank Innovation has learned. Cross River will be among the first lenders to do so, and the securitization will add valuable liquidity to the marketplace lending sector. Citibank announced last week itRead More