BI CEO Spotlight: Jon Stein, CEO of Online Financial Advisor Betterment
EXCLUSIVE – Roboadvisors are common knowledge in the financial world nowadays. But eight years ago, that wasn’t the case. Just ask Jon Stein, founder and CEO of the first roboadvisor, Betterment. A...
View ArticleLatest Funding Round Could Lift Ant Financial to $150B Valuation
Ant Financial, the fintech company that manages popular Chinese mobile payment service Alipay, is looking to raise $9 billion in a new private funding round, something that could turn the company into...
View ArticleDanske Bank Partners with Swedish PFM Minna Technologies
Copenhagen-based bank, Danske Bank has partnered with Swedish personal finance management startup, Minna Technologies, in order to bring its technology into its own mobile app, it was announced today....
View ArticleLending Startup Upgrade Opens Personal Credit Line, Shares Plan for Mobile App
EXCLUSIVE— Lending startup Upgrade is opening a new personal credit line today, designed to give customers all of the benefits of credit with none of its flaws. The product is essentially a cross...
View ArticleCan We Finally Say Goodbye to the Signature?
The signature has distinguished origins as a means to authenticate identity, but it’s clear its day has long passed. (Just look at the illegible smudge your finger makes on your cabbie’s phone to pay...
View ArticleU.K. Challenger Bank Tandem Rolls Out Savings Accounts
UK digital bank Tandem has released its second banking product, savings accounts which allow users a guaranteed interest rate, the company announced today. The savings accounts comes only two months...
View ArticleRipple Invests $25M in Blockchain Capital
Enterprise blockchain provider Ripple has made a $25 million investment in blockchain startup, Blockchain Capital, the company announced today. The growth of Blockchain Capital’s fund, which is now...
View ArticleNational Bank of Australia Adds Google Pay
National Australia Bank (NAB) today added Google Pay to its roster of mobile payments services. NAB customers can now use Google Pay to make contactless payments. On its digital payment services, NAB...
View ArticlePayments Keyboard App PayKey Makes Its Way to U.K. and Mexico
EXCLUSIVE- After striking a deal with 15 commercial banks across Asia, keyboard app for payments PayKey is ready to debut in the U.K. and Mexico in coming months, PayKey CMO Guy Talmi told Bank...
View ArticleExperian DataLabs Is Experimenting with a ‘Voice to Credit’ Feature
EXCLUSIVE— Experian DataLabs, the innovation center for credit bureau Experian, is experimenting with a voice banking feature, Eric Haller, executive vice president and global head, Experian DataLabs,...
View ArticleBank of America Brings PFM Features to Latest App Update
EXCLUSIVE - Bank of America today notified its mobile app customers of a new feature with PFM functionalityr The new "Goal Tool," can be accessed through the mobile app. A user can add a goal (and even...
View ArticleMastercard to Create 175 Fintech Jobs in Ireland for Payments Solutions
Payments provider Mastercard will be expanding its innovation center in Ireland with the creation of 175 new technology positions, the company announced today. Mastercard is looking to fill a variety...
View ArticlePaytm Canada Rolls Out Bill Pay Rewards Program
Paytm Canada is rolling out a bill pay rewards program that allows users to receive points and cash back for bill payment across multiple payment methods, the company announced yesterday. The feature,...
View ArticleBanco Santander Launches Blockchain-Based International Money Transfer Service
Spain’s Banco Santander Bank today launched Santander One Pay FX, a blockchain-based international money transfer service across four countries. This new service is the first of its kind, according to...
View ArticleChina’s Tremendous E-Commerce Growth Leads to Spike in Mobile Payments
It’s no secret that China's e-commerce scene is huge and growing, with players like Baidu, Alibaba and Tencent. By extension, China's stellar status in the e-commerce landscape also translates into a...
View ArticleGerman Neobank N26 to Launch in U.S. and Britain in 2018
Berlin-based challenger bank N26 will be opening its services to users in the United States and the United Kingdom by the end of this year, founder and chief executive officer Valentin Stalf told...
View ArticleChase Digital Customers Are More Loyal, Spend and Deposit More, CFO Says
EXCLUSIVE— Mobile banking customers continue to flock to JPMorgan Chase, a growth attributed to the bank’s focus on customer loyalty, Marianne Lake, chief financial officer for the bank, said today....
View ArticleWells Fargo to Shut Down More Branches With Rise of Digital Adoption
EXCLUSIVE – Wells Fargo plans to shut down 300 branches this year and about 5,000 branches by 2020, as the bank sees a surge in digital adaption from its customers, CEO Tim Sloan said on today's...
View ArticleIndian Crypto Exchange Coinsecure Reports $3M Stolen in Bitcoin Hack
Coinsecure reported the loss of about 438 bitcoins, or about $3 million worth of the cryptocurrency, the Indian cryptocurrency platform reported. The hack was attributed to an employee who was...
View ArticleGoldman Sachs Buys PFM Clarity Money Adding One Million Users to Marcus
Goldman Sachs today announced it acquired PFM fintech Clarity Money for an undisclosed amount. The Wall Street Journal first reported that the two were in talks regarding the deal in February. The WSJ...
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