Money 2020 USA Hackathon Aimed At Financial Health And Inclusion
The Money2020 #Hackathon in Las Vegas drew 80 teams for an intense development effort that ran through Saturday night.
Financial Technology
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Salesforce Expands Its Financial Services Platform
#Salesforce has expanded its #financial #services offering to support front line employees such as wealth managers and insurance agents.
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Neobank PurePoint Financial Delays Mobile Launch Until Gaining Traction
Since its February #launch, #PurePoint #Financial, a hybrid physical/online #neobank owned by Mitsubishi UFJ Financial Group, or more specifically MUFG Union Bank N.A., has gained 30,000 accounts, with $ 5 billion in deposits, and plans to build a #mobile app. The app will have full banking functionality but have built-in solutions around checking, payments, PFM and offer […]
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Rabobank’s Innovation Lab Is Building Tools for Industries Beyond Financial Services
#Fintech #innovation at Rabobank is making itself felt in fields outside of #financial #services. The bank’s innovation lab pioneered an IoT project for agriculture and is an example of how innovation in financial services touches virtually every industry. “We ended up with a project called MOOvement, which is an IoT device used for tracking cattle on farms, today […]
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Financial Services Has More Blockchain Projects Than Any Sector, PwC Says
When it comes to #blockchain, the #financial #services #sector has #more distributed ledger #projects #than any other industry. A new survey, released by accounting firm PricewaterhouseCoopers today, found that among all industries, including healthcare and energy, financial services stood out as the one with the most blockchain-based initiatives. In all, 46% of FI executives polled […]
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Shape the Future of Financial Services: Modernize Information Systems
The reality for many #financial #services organizations is that modernizing #information #systems is a project that is often desperately needed but never at the top of the priority list. If the upgrade of a legacy system or even a full migration to an alternative solution was easy, then it would have been done already. In […]
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Ally Financial Is Leveraging Machine Learning to ‘Better Serve Customers,’ Exec Says
#Blockchain, artificial intelligence, or #machine #learning may be future innovations for most #financial institutions, but #Ally Financial is already using these emerging technologies “to #better #serve #customers,” Anand Talwar, deposits and consumer strategy executive at Ally, told Bank Innovation. “To better interact with customers, machine learning risk engines have been deployed,” Talwar said. “There has been a […]
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Movers and Shakers: Notable Summer Hires in Digital Financial Services
Behind every great #technology is a human mind… well, obviously, right? That’s why FIs are always on the prowl for finding the most adept people that fit in with the institution’s #digital philosophy. Whether it’s a chief innovation officer spearheading major initiatives like creating an AI-powered bot or engineers orchestrating smaller changes to enhance the […]
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Ant Financial Looms Large Over Global Fintech Fundraising (Again)
Ant #Financial has done it #again. In 2Q18, the Chinese #fintech raised the largest amount for fintech invest ever. According to CB Insights’ 2Q fintech report, Ant Financial&8217;s #fundraising accounted for 69% of total #global fintech funding. This is not the first time Ant Financial has done something like this. Back in 2016, Ant Financial took […]
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From Cause to Cure: How Technology Can Solve Skill Gaps in Financial Services
The digital revolution of #financial #services is here, and the question isn’t whether your organization should adopt a digital-first approach, but how quickly can you catch up with the digital leaders in your industry. Customers expect smart products; whether it’s payments, bank accounts, or finance options, if it’s not digital, instant, and available when your […]
Bank Innovation
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