EXCLUSIVE – #Bank of #America has rolled out a series of features and upgrades to its #mobile banking app including a timely #partnership for the holiday season with Blackhawk Network Holdings’ gift card marketplace Gift Card Mall. Other features include Bank by Appointment, a feature that lets users book appointments with specialists, managers and notaries […]
Bank Innovation
EXCLUSIVE – #Bank of #America seeks #electronification of #cash not only as way to better serve its banking customers but also as an excellent way to #reduce #costs: according to Bank of America CEO Brian Moynihan, this digitization of cash can save the bank billions of dollars. “That’s why Zelle is so importance to us,” Moynihan […]
Bank Innovation
EXCLUSIVE – U.S. Bancorp saw a major spike in its #Zelle transactions in the past four months, according to CEO and president Andy Cecere. U.S. #Bank, the fifth largest retail bank in the U.S., saw a 104% increase in Zelle transactions in the past four months and a 50% increase in customer enrollment for Zelle over […]
Bank Innovation
Which banking advertisement will you remember best from #2017? Here at #Bank Innovation, we have our picks: as we do annually, we have ranked the top banking ads of the year. The 15 videos below were not chosen based on the number of viewer impressions or any other form of data-driven measurement, but were selected […]
Bank Innovation
Two #banks have unveiled a corporate cross-border payment solution for real-time #payments, using #Ripple’s #blockchain solution for the network. The solution, which is now commercially available between #Standard #Chartered #bank in Singapore, and #Axis Bank in India, will give corporates “greater control over cash flow,” according to the banks. While Axis Bank corporate customers can […]
Bank Innovation
EXCLUSIVE – #Bank of #America had five million transactions via the digital payments service #Zelle in October alone, an amount 35% higher than the average 3.7 million transactions per month the bank reported in September 2017. Yesterday evening, the bank announced that it processed a total of $ 1.5 billion dollars through Zelle in the month of […]
Bank Innovation
EXCLUSIVE- #Bank #Innovation has released its seventh annual #fintech #conference agenda. Sprinkled with fireside chats, startup demos, pre-conference workshops, and ample time for networking with industry peers, Bank Innovation’s #2018 conference will be categorized into three content tracks: Strategy, Product and Demovation. Under the Strategy track, topics range from APIs and open banking adoption, to […]
Bank Innovation
Digital transformation and #open source amount to more than #technology — they require and inspire cultural change sin #banks.
Financial Technology
The #National #Bank of #Australia (NAB) will create 600 new #technology jobs. This announcement comes just a few weeks after the bank said it was cutting 4,000 jobs. The new job additions will help the bank build its #tech presence in order to efficiently #compete with the burgeoning #fintech #industry, NAB said. According to reports, […]
Bank Innovation
EXCLUSIVE – After its recent partnership with digital product Innovation Company Stuzo, #Bank of #America’s #merchant services business is laying the #foundation for an innovation lab. “It [the partnership] helps us have a conversation with our merchants about their overarching goals,” Michael Roberts, chief marketing and digital strategy officer of Bank of America Merchant Services […]
Bank Innovation
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