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
Post Tagged with: "Standard Treasury"
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.
Listen to this: Bankjoy, the Y Combinator alum startup, is hotly working on a banking app for Apple Watch that will rely on voice for functionality. Dick Tracy would be thrilled. Michael Duncan, the founder and CEO of Bankjoy, told us yesterday that the Apple Watch app will be doneRead More
Silicon Valley Bank acquired the assets and team of banking API startup Standard Treasury, the bank announced today. Can we say APIs in banking have finally arrived? In a blogpost this morning, Standard Treasury co-founder Zac Townsend described his company’s two-year journey from its beginnings as a Y-Combinator-backed startup, building APIs toRead More
23. Tom Noyes, advisor/investor/entrepreneurLooking for a clear view cutting through the fog of rumors about Apple and payments? Try Tom Noyes. He has a strong track record of making the right call on NFC, HCE, and authentication. Noyes is a self-professed “payments geek” and his Finventures blog is the first stop ofRead More
NEW YORK – Five early-stage companies won the approval of attendees at the Innotribe Startup Challenge in New York that took place June 5: Standard Treasury, Epiphyte, LendingRobot, Wallaby and Juntos Finanzas. These five companies will travel to Boston in September for Sibos, where an overall winner will be chosen.Read More
Banks have a nearly one-size-fits-all product model which leaves value on the table. For instance, when a bank releases a new online or mobile banking system, it will often be an identical system, with the exact same interface, for all clients of a particular segment. But oil companies like ChevronRead More
Dozens of ideas came out of Bank Innovation 2014, which spanned two days earlier this month and contained 12 sessions about cutting-edge financial innovation, as evidenced by the discussion around the event on Twitter at the hashtag #BI14. So which of the ideas should not be ignored? We’ve highlighted the 10Read More
This morning Simple sold for $117M to BBVA. It’s great news for the team and I think it’s going to be great news for retail banking. Simple has had an amazing amount of potential but also ran into all sorts of difficulties by being built on top of Bancorp, not owning theirRead More