Watch out payments industry, Silicon Valley Bank is coming. The bank for startups — officially named SVB Financial Group — said last Friday that it was boning up its payments infrastructure and services by “leveraging strategic partnerships to offer scalable and sustainable payment solutions to our clients, at every stage ofRead More
Post Tagged with: "Silicon Valley Bank"
It’s double your pleasure, double your fun with Breaking Banks today! We have last week’s show on digital currencies and their possibilities, which includes interviews with Ben Milne of Dwolla, Simon Taylor of Barclays, and Vitalik Buterin of Ethereum. Next we have this week’s episode featuring Cornerstone Advisors Director ofRead More
Slack is great for messaging, sharing documents, and annoying coworkers with unnecessary emojis — but how about taking care of the odd financial transaction? Nearly 2.5 million people (and, as of this week, including the Bank Innovation team) spend a significant portion of their day on the team collaboration toolRead More
Banks need APIs and app ecosystems, right? That’s what services such as Yodlee and Open Bank Project have been arguing for years, but precious few banks have traveled that road. One that has is Silicon Valley Bank, which bought the banking API startup Standard Treasury last year. BBVA became anotherRead More
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
Sometimes realism and pessimism can be the same thing. The 900 startups featured in Silicon Valley Bank’s seventh annual Startup Outlook report, released today, largely agree they face a challenging fundraising situation in the year ahead. Another major problem? Finding the talent to build products. The president and CEO of Silicon ValleyRead More
“Fail fast, fail cheap.” The words were spoken at Bank Innovation 2016 by Marley Gray, director of strategy for cloud and enterprise blockchain at Microsoft, but he was echoing a theme that reverberated throughout the entire conference. In other words, when JPMorgan’s Jamie Dimon said “Silicon Valley is coming,” heRead More
Silicon Valley is coming to banking? Nonsense. That happened long ago — just ask Silicon Valley Bank, a financial institution built to serve the world’s center of innovation. Few bankers can claim better knowledge of what the tech giants are up to. Startups, you say? SVB claims it banks a staggering two-thirdsRead More
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.
There are holiday parties, and then there is Square‘s holiday party. By the looks of it, the now-publicly traded payments company still throws the best fintech holiday party around. Held last week at the San Francisco Armory, it featured everything you would expect, including Jack Dorsey doing Instagram shots with theRead More