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
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Three banks are now live with realtime peer-to-peer payments on the ClearXchange network: U.S. Bank, Bank of America, and as of yesterday, JPMorgan Chase. U.S. Bank and Bank of America joined the realtime network in March. P2P payments were realtime within Chase since 2012, but now they are realtime amongRead More
U.S. Bank mobile customers: Get your thumbs ready. The fifth-largest bank in the nation will add TouchID biometric capabilities to its mobile app in March. U.S. Bank is a participant in Bank Innovation INV, Bank Innovation’s fintech accelerator that launched last week. The company made the disclosure as part of a notable iOSRead More
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.
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
AUSTIN, Texas — US Bank is testing a Moto 360 app that includes a unique take on wearable banking. The app, which USB Chief Innovation Officer Dominic Venturo teased with a video during his keynote here at the Digital Banking Summit, relies solely on the color of the watch’s hands toRead More
Is US Bank the only financial institution in the nation to continue increasing its investment in innovation? It sure seems like it. The latest shot across the financial sector’s bow came yesterday, when bank officials disclosed that they were not just keeping the bank’s innovation budget constant, but actively lookingRead More
US Bancorp will continue its strategy to “lead” in innovation, as more budget heads to research and development. Richard Davis, president and chief executive officer of US Bank, said yesterday that the bank’s innovation strategy will continue apace. Davis told investors that, when it comes to innovation, “in this environment youRead More
The business of putting together lists of top this-and-that at the end of the year has simply gotten out of hand. No media outlet took the list thing to greater heights than Time, which published the “Top 10 Everything of 2013,” which include 54 lists of, well, everything. We found particularRead More