INV Fintech Partners with Chinaccelerator
INV Fintech, this site’s sister accelerator, today unveiled a new partnership with Chinaccelerator, a leading startup accelerator in Shanghai, China. Chinaccelerator is a mentorship-driven program...
View ArticleINV Fintech Announces Sixth Class of Startups
INV Fintech, Bank Innovation’s sister accelerator, has announced its sixth accelerator class, which begins this week with six unique startups seeking to revolutionize financial services. The six...
View ArticleINV Fintech Announces Class 6 Associate Companies
INV Fintech, Bank Innovation’s sister accelerator, announced today the three associate members of its sixth cohort of startups. INV associates undergo a less intensive program than full class members....
View Article11 Startups Show Their Latest and Greatest at DEMOvation
Eleven startups participated in the DEMOvation challenge at the Bank Innovation Ignite conference in Seattle earlier this month. These startups, diverse in focus, comprised a wide range of the fintech...
View Article8 Startups Admitted to Latest INV Accelerator Class
INV Fintech, Bank Innovation’s sister accelerator, announced its seventh accelerator class today, which kicks off this week with eight startups covering a wide range of the fintech space. The startups...
View Articlenbkc bank Joins INV Fintech
INV Fintech, the sister accelerator to Bank Innovation, today announced the addition of nbkc bank as a member of its ecosystem. Currently in its seventh startup class, INV Fintech fosters innovation...
View ArticleOpen Bank Project’s Chaib: Open APIs will benefit banks and startups
Good news for fintech startups: In the future, every bank will have an API. That’s according to Ismail Chaib, chief operating officer at Open Bank Pro
View ArticleINV Fintech accelerator signs up BMO Harris Bank
INV Fintech has secured BMO Harris Bank as a member of its accelerator and technology innovation platform, INV announced today. INV Fintech, the sister accelerator to Bank Innovation, fosters...
View ArticleBanks push for more fintech startup collaborations, despite failures
When it comes to bank-fintech collaborations, banks are finding more failure than success. That’s according to a study by Bank Innovation and INV Fintech, a startup accelerator, released today.
View ArticleInside OTP Lab, Eastern Europe’s most adventurous bank innovation effort
It might have $55 billion in assets and 18.5 million customers in 10 countries, but OTP Bank, one of the largest financial institutions in Central and Eastern Europe, might be one of the most...
View ArticleFor startups to bridge banks’ fintech gap, innovation execution needs a...
This is the second article in a two-part series on bank-fintech collaborations based on the 2019 State of Banking Innovation Survey, a study conducted by Bank Innovation and INV Fintech. While banks...
View ArticleOTP Bank expands startup program, adds implementation period
Budapest-based OTP Bank is expanding the scope of its startup development program beyond Hungary to Russia, Ukraine, Croatia, Serbia and Albania and is adding a new opportunity for startups to work...
View ArticleBank-fintech partnerships are a necessity, not a fad
A recent Forbes article claims the fad is over for bank-fintech partnerships. The fad might be over, but the imperative for banks to partner with fintechs is anything but. To be sure, there are valid...
View ArticleINV Fintech’s pivot to bank enablement evident in new accelerator class
INV Fintech’s new class, announced today, solidifies the accelerator’s pivot to greater bank enablement. INV has refocused its operations within the last year on FI enablement, and the new class –...
View ArticleIt’s time for banks to take cues from big tech
Last week’s Money 20/20 in Las Vegas showcased numerous innovations in financial services, ranging from the launch of Uber Money to Facebook’s continued push for Libra, and the growth of Amazon Pay....
View ArticleData shows smaller FIs are far behind because of weaker mobile technology
Smaller banks and credit unions are under increasing pressure from larger banks and tech-centric financial services companies. New data shows why significant gaps in mobile banking capabilities are...
View ArticleBank product development becomes a ‘game of thrones’
Look no further than Citigroup to catch a glimpse of the future of bank product development. In a revealing Meetup fireside chat yesterday evening, Alex Sion and Rachel Moore shared details on the...
View ArticleCompound data: the key to digitized lending
A staggering 90% of small- to medium-sized enterprises fail. Aside from operations and strategy, one of the biggest reasons is limited funding or lack of timely cash flow. This is no surprise given...
View ArticleAlkymi raises $5M for AI based automation solution
New York-based software startup Alkymi recently raised $5 million in a seed round to help financial institutions and other enterprise clients automate back-office workflow. The company, part of INV...
View ArticleStudent loan advice platform Payitoff wins 2020 Ignite demo contest
Payitoff, a white-label platform that provides automated guidance on student loan repayment, won the 2020 Bank Innovation Ignite DEMOvation contest. With the win, Payitoff has been awarded an...
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