Spotlight on 4 Israeli FinTech Startups Aimed at Data, Security
Israel is showing once again that it is a hotbed of fintech innovation. We present four Israeli fintech startups that deserve particular attention. Analytics and security, traditional strengths of the...
View Article10 Fastest Payment Processors in the World
Litle & Co. is the world’s fastest payment processor — again. The Vantiv-owned company has topped the rankings every month of 2014, according to the GatewayIndex from Spreedly and Shopify. Litle...
View ArticleDeath by 1,000 Cuts: Apple, Facebook and Bank Fees
Last week, it was disclosed that Apple’s iOS 8 would allow consumers to scan their credit cards for mobile payments. The announcement barely registered on the banking industry’s radar, especially with...
View ArticleCEO Doubles Down as The Bancorp Weathers FDIC Order
Just as The Bancorp‘s stock was plummeting 30% after the company was hit with a Federal Deposit Insurance Corp. consent order over too-lax anti-money laundering practices in its prepaid card business,...
View ArticleAmerican Express Will Pay $5 for Your Email Address
As The Bancorp faces difficulties in prepaid, American Express wants to deepen its involvement with its prepaid customers -- so much so that the company is giving $5 to Serve customers willing to...
View ArticleVIDEO: Citibank Ad Uses Moody Teenagers to Showcase Its App
Citibank's new ad for its mobile payments app features some whiny teenagers.
View ArticlePayPal Pulls Mobile Check Deposit
Stuck with a check that needs to be loaded into your online account? Well, don't look to PayPal to bridge the gap. As of June 15, the San Jose-based eBay subsidiary has removed the ability to deposit...
View ArticleWearable Payments Come of Age with 3 Launches
Three important smartwatch launches over the last week or so appear to have changed the dynamic for wearable payments.
View ArticleLevelUp Syncs With iBeacon to Connect with Customers Earlier
Bluetooth, which has gone mainstream because of Apple's iBeacon technology, has been deemed by some to be the future of mobile payments -- and that future is coming more quickly than we thought, with...
View ArticleBitcoin Security Fears Lead to $12M for Startup BitGo
BitGo, a popular Bitcoin security firm, announced that it raised $12 million in Series A funding. This comes as reports of new security concerns regarding the virtual currency.
View ArticleWill The Bancorp Consent Order Hurt the Prepaid Industry?
Prepaid is a great business for card issuers -- but it's one regulators are looking at with growing interest. For bankers, those are scary words.
View ArticleAmazon Fire Phone Built for Commerce, Payments
In a special media event in Seattle yesterday, CEO Jeff Bezos unveiled the Amazon smartphone, called the Fire Phone, and it has notable implications for payments and e-commerce.
View ArticleTop 50 ‘Disruptive’ Startups Overflowing with Fintech
Financial technology startups are taking over, and people are starting to notice. 12 fintech companies made it to CNBC's Disruptor 50, the second year that the business network signed out companies...
View ArticleSunTrust Rolls Out EMV Cards — Way Ahead of Schedule
The clock is ticking on EMV adoption, but one bank, at least, is ready.
View ArticleWhile Google & Apple Dither, Mobile Pay Vendors Score Wins
The incessant debate over mobile payment standards, the seemingly endless stream of "let's throw this against the wall to see if it sticks" product launches, the will it/won't it debate over Apple...
View ArticleAtlanta Fed Hits Wrong Note on Payment Security
A blog from the Atlanta Fed implies that consumers are negligent in their payment security practices. The opposite appears to be true.
View ArticleAmazon to Pay Developers $15,000 in Virtual Currency for Apps
Amazon has an interesting plan to attract developers to create apps for its new Fire Phone — offer them massive amounts in virtual currency. Amazon is reportedly offering developers up to $15,000 in...
View ArticleRipple Said to Have Started Lobbying DC Lawmakers
Ripple Labs, the currency startup, is reportedly lobbying Washington, D.C., lawmakers and regulators on legislation that would ease currency rules, sources tell Bank Innovation.
View ArticleCanada Passes World’s First Law Regulating Bitcoin
In a landmark piece of legislation, the Canadian government passed a bill last Thursday regulating bitcoins and other forms of virtual currency. The bill, titled “An Act to Implement Certain Provisions...
View ArticleMcDonald’s, Burger King Bring Battle to Mobile
When it comes to mobile apps, the competition between McDonald's and Burger King is just as heated as it is at countless highway stops across the nation.
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