Banks Using mPOS to Strengthen SMB Offerings
Chris Craver, VP of Payment and Commerce Product Strategy and Offerings at Monitise, recently contributed an article in Mobile Payments Today on how banks are using mobile POS technology to strengthen...
View Article10 Big, Hairy Innovation Ideas from Bank Innovation 2014
Dozens of ideas came out of Bank Innovation 2014, which spanned two days earlier this month and contained 12 sessions about cutting-edge financial innovation, as evidenced by the discussion around the...
View Article10 Big, Hairy Innovation Ideas from Bank Innovation 2014, Continued
The First Five Ideas 6. The Numbers Game Often, at an event like Bank Innovation 2014, a theme presents itself in little more than a soundbite. That soundbite for this year’s conference was: “The...
View ArticleMore Chaos at Clinkle
What’s that sound? Is it the joyful noise of Clinkle‘s soundwave-based payment system finally launching in the wild? No such luck. Instead, it’s more bad news from the infamously dysfunctional startup....
View ArticleVIDEO: Bringing the Startup Mentality to a Bank
At Bank Innovation 2014 in Seattle, Michael Dooijes, who works in a dual role as CEO of mobile payments startup MyOrder and executive director, head of strategy & innovation at Rabobank, talked...
View ArticleVIDEO: Building the Bank of the Future
What is the bank of the future? Michael Dooijes, executive director and head of strategy & innovation at Rabobank in the Netherlands, discussed how to build that bank at Bank Innovation 2014 in...
View ArticleVIDEO: Kosta Peric Advocates for an ‘Innovation Sandbox’ in Financial Services
Kosta Peric knows better than most how banks can provide innovative services for the poor. Peric, who is deputy director of financial services for the poor at the Bill & Melinda Gates Foundation...
View ArticleScore One for QRs in the Battle With NFC
It is one thing to prefer QR codes for mobile payments. It is wholly another thing to actively shut down NFC payment readers. But that appears to be what Best Buy, 7-Eleven and other members of...
View ArticleTrouble Cooking at Burger King’s Mobile Payments Vendor
Earlier this week, Burger King Worldwide Inc., the nation’s second-largest burger chain, announced that it would unveil an application that will allow for mobile ordering and payments this year. The...
View ArticleTD Bank Chooses Popmoney in Big Win for Fiserv
TD Bank, the nation’s 10th-largest bank by assets, has chosen Fiserv‘s Popmoney money movement service for its retail banking customers. The news was announced by the bank Monday. It’s about time TD...
View ArticleVIDEO: Starbucks Shake-to-Pay Demo
Too much caffeine can give you the shakes. And now that shaking can come in handy when you use Starbucks’s new “shake-to-pay” feature unveiled today as part of the coffee company’s new iOS app. Check...
View ArticleGoBank Opens Online Store Selling Bank-Branded Swag
Do you love your bank enough to get a tattoo of its logo? No? Well, how about just wearing a t-shirt? GoBank bets its customers care enough to do that. The mobile-first bank has opened a CafePress...
View ArticleVIDEO: Square Reaches Out to Spanish-Speaking Market
Payments processor Square is brushing up on its Spanish. The San Francisco-based company launched an initiative today to reach out to Spanish-speaking merchants. The centerpiece of the campaign is a...
View ArticleP2P Service Pipol Aims to Be the PayPal of Latin America
Latin America has its own Square – Evertec, which produces the EverPay reader — and now it seems it has its own PayPal. A new company called Pipol, based in Santiago, Chile, is currently seeking...
View ArticleGyft and Walmart Make It Easier to Spend Bitcoins
It just got a whole lot easier to spend those bitcoins burning a whole in your digital wallet. Digital gift card company Gyft — known for being cryptocurrency-friendly and its many enthusiastic fans in...
View ArticlePayments ‘FinTechAthon’ in London Gets Off to Fast Start
Startupbootcamp, an accelerator based in London, launched FinTechAthon, a sort of financial services-focused hackathon, this week — and already it seems to have gotten off to a fast start. The event...
View Article53 Fastest Payment Processors in the World
Which merchant processor puts through payments fastest? The winner last month was Litle & Co., the Vantiv company. Litle also was fastest in January 2014. Processing speed matters because it is a...
View ArticleThe Sorry Six: Payment Processors with the Lowest Success Rates
How did your payment processor do last month? Most companies will cite a 95% success rate in processing payments, according to payment gateway Spreedly, but the company’s data does not support this....
View ArticleSquare Accepts Bitcoins, Too
It was only a matter of time. Payment processor Square announced a partnership with Coinbase last night that will allow its merchants on Square Market to accept payments in bitcoins. If this...
View ArticlePayment Processor PayStand Will Be a Router for Money
A new payments startup called PayStand will accept credit cards, e-checks and — you guessed it — bitcoins. CEO Jeremy Almond sees virtual currencies as a kind of online cash that gives more options to...
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