Amex Quietly Acquires Cake Technologies, a Payments Fintech
American Express has acquired Cake Technologies, a U.K.-based mobile payment technologies provider, for $13.3 million. The deal, which was never publicly announced, was officially completed last...
View ArticleWill Cash Be Gone by 2020?
Cash is on its way out. Yes, we’re aware this notion has been part of the dialogue ever since the advent of digital payments. But how quickly will cash be replaced as its use is reduced? That’s...
View ArticleWhatsApp Android Beta Rolls Out Support for QR Payments
Messaging service WhatsApp is rolling out support for QR payments in its Android beta, according to reports, with the service expected to have a wider rollout in the next few weeks. Consumers wishing...
View ArticleBofA Launches SMB Loyalty Program to Help Grow Account Balances
Bank of America is opening a loyalty program for its small business clients, with the focus on growing a client’s account balance through the presence of rewards. The program, which was announced by...
View ArticleTrust Investors, Not Automation, Raisin Says
EXCLUSIVE— The newest feature brought to customers by German fintech Raisin is the ability to invest in ETF portfolios via the app, something that more and more fintechs have been relying on machine...
View ArticleAfter Facebook Revelations, Venmo’s Updated Privacy Policy Leaves Unanswered...
EXCLUSIVE— P2P payment app Venmo will make live changes to its privacy policy starting Thursday, March 29. Among those updates, Venmo is clarifying how it uses consumer data. These updates come a month...
View ArticleStartup CardUp Targets Check Payments With $1.7M Funding Round
Singapore-based startup CardUp is going after check and cash payments after raising about $1.7 million in new funding led by Sequoia India. The round, reported today by TechCrunch, will enable the...
View ArticleWhat Petal’s Partnership With WebBank Could Mean for Credit Card Industry
EXCLUSIVE – Are credit cards the next big hot spot for fintech takeover? That’s what startup Petal hopes its partnership with Salt Lake City-based WebBank achieves, as the startup gears to launch of...
View ArticleWhat Does ‘Borderless Banking’ Look Like? No Fees, No Branches, Denizen Says
EXCLUSIVE— San Francisco-based startup Denizen wants to create a new way of banking, by providing users with a “borderless” bank account that doesn’t come with all of the hassle and pain points of...
View ArticleMonzo and Starlling Bank Integrate With CreditLadder for Rent Payments
Two of Britain’s most popular digital banks, Monzo and Starling Bank, have integrated with fellow UK startup CreditLadder, allowing users to utilize the startup’s feature to improve their credit...
View ArticleHow Visa Is Securing the Internet of Things [VIDEO]
The Internet of Things is notoriously insecure — unsecured, or poorly secured IoT devices have contributed to a number of cyberattacks, and these are on the rise as the number of devices increases....
View ArticleCoinbase Opens Door to Altcoin Support with ERC20 Announcement
Coinbase set the cryptocurrency world buzzing this week when it announced its intention to support for ERC20 tokens, which is the standard for smart contracts as well as tokens sold in initial coin...
View ArticleStarling Bank Opens Business Bank Accounts
UK-based mobile bank Starling Bank has launched accounts for small businesses, with no fees for payments or withdrawals, according to reports today. The business accounts will be entirely mobile—in...
View ArticleSoFi Money Wants to Provide Checking Accounts Without the Inconvenience
EXCLUSIVE— With its upcoming SoFi Money accounts, personal finance and lending startup SoFi wants to provide banking consumers with a checking account for the new age: one that keeps the convenience of...
View ArticleBanks Are ‘Dipping Their Toe’ into Public Blockchains, Says Chain CEO [VIDEO]
Blockchain technology has been talked about in banking for so long that readers here can be excused for being a bit jaded on the subject. The technology has been touted as solving just about every...
View ArticleBraintree’s New ‘Extend’ Service Deepens Merchant Partnerships
EXCLUSIVE - Braintree has some work to do. In order for the digital payments system provider to become the comprehensive commerce operating system for merchants that it wants to become, it must first...
View ArticleHSBC Partners With PayPal for Corporate Payments
Add HSBC to list of major banks that have partnered with payments company PayPal. Today, HSBC announced that as a result of its partnership PayPal, the bank will now let its global corporate customers...
View ArticleMessaging App Telegram Raises $1.7B in ICO
The messaging app Telegram has raised more money with its initial coin offering, logging another $850 million, the SEC reported yesterday. This brings the total amount raised via the offering to $1.7...
View ArticleAustralian NeoBank Judo Capital Will Focus on SME Banking
Melbourne-based challenger bank Judo Capital will be focusing its efforts on small business banking in Australia, according to banking plans unveiled by the challenger yesterday. Judo, which is run by...
View ArticleBarclays Shuts Down Online Banking Services on Easter Weekend
Barclays customers across Europe will not be able to use their mobile banking app this weekend. The major U.K. bank said it will be switching off access to 24 million customers as the bank restructures...
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