A New Kid on the Corporate Venture Block
/FIS Ventures plans to invest $150 million in fintech start-ups over the next three years.
Read MoreFIS Ventures plans to invest $150 million in fintech start-ups over the next three years.
Read MoreWhile it may be more than 200 years old, Eastern Bank is not a newcomer to innovation. Chair and CEO Bob Rivers and head of Eastern Labs Ashley Nagle Eknaian discuss its innovation labs — the first spun off an award-winning small business lending program, and the second lab combines internal innovation with partnerships in a portfolio approach to new developments.
Read MoreFIS Modern Banking Platform is a big step away from legacy acquisitions and piecemeal add-ons that have so often frustrated bankers who deal with the Big Three core banking providers in the U.S. Bruce Lowthers, President, Banking Solutions, talks with us about the fast pace of change in banking and the challenges for tech providers.
Read MoreThe sluggish pace of the Fed’s FedNow system has created a surge of interest in The Clearing House's Real Time Payments platform, says Steve Ledford.
Read MoreWho’s Who in Insurtech — some of the companies that have had big raises and generated considerable buzz this year
Read MoreOne of the announcements out of Sibos in London this week is a report on payments. Real-time payments are quickly becoming the norm around the world, with the most activity in the Asia-Pacific region.
Read MoreReal-time payments aren’t quite there yet at The Clearing House (TCH), which launched its real-time payments (RTP) network for the U.S. in November 2017.
Read MoreIt seems as if the news breaks monthly with the “biggest deal ever” in some aspect of fintech. That’s why it was only mildly shocking this week when word came out that bank technology giant FIS agreed to pay $35 billion for
Read MoreIt seems as if the news breaks monthly with the “biggest deal ever” in some aspect of fintech. That’s why it was only mildly shocking this week when word came out that bank technology giant FIS agreed to pay $35 billion for Worldpay in the largest digital payments M&A deal to date. The deal is part of an escalating arms race among the financial technology sector’s biggest players.
Read MoreThe Financial Revolutionist is weekly newsletter and blog focused on the torrid pace of financial innovation. Today, thanks to the exponential rate of technological change, explosion in global trade and new regulations ushered in by the Great Financial Crisis, a new financial revolution is under way. In this battle, virtually every aspect of the greater financial services sector is subject to rigorous challenge. With the Financial Revolutionist, we are aspiring to create a boots-on-the-ground and highly opinionated assessment of important financial innovation developments in the past week.