Digital Gifting Alive and Well After Facebook Kills ‘Gifts’
Facebook announced yesterday that it would on August 12 shut down Facebook Gifts, its program selling virtual and physical gift cards for retailers such as Best Buy and Starbucks. Does this mean...
View ArticleDoes Bitcoin Have a Place in Banking?
How do bankers really feel about bitcoin? It seems financial institutions are viewing the world’s most famous cryptocurrency as a potential threat, and a potential opportunity.
View ArticleMore than Half of GoBank Users Are Under 34
Mobile-first bank account GoBank officially launched 13 months ago, and its parent company, Green Dot Corp., released data on its usage for the first time in the company's earnings call yesterday...
View ArticleInvestments in Payments Startups Flattening in the U.S.
How is fintech different between the U.S. and Europe? We asked some experts.
View ArticleNYDFS Asks for Comments on Proposed Bitcoin Regulation
Bank Innovation spoke to the NYDFS about BitLicenses, bitcoin, and virtual currency regulation.
View Article8 Under the Radar FinTech Startups You Should Know
Fintech is overflowing with startups, all of them more innovative than the last. We picked our top 8 "under the radar" companies.
View ArticleNXP In Talks To Supply Apple With NFC Chip for iPhone 6
It’s looking like a perennial iPhone rumor may be coming to fruition this year. NXP Semiconductors, the co-creator of near field communication (NFC) technology, has been in talks to supply Apple with...
View ArticleBanks Should Choose One Thing and Do It Well
Community banks should take a lesson from Olympic athletes: Decide what you want to be the best at and then work hard at doing that thing better than everyone else.
View ArticleFinTech Deals to Gather Steam for the Rest of 2014
The tech startup industry has a number of hot industries — the Internet of Things marketplace is wide open, biotechnology still remains underrepresented, etc. Critics, like Annie Lowrey, are saying...
View ArticleVIDEO: HBO’s John Oliver Goes After PayDay Loans
John Oliver has taken on some controversial topics on his new HBO show, Last Week Tonight. This time, he and Sarah Silverman take on payday loans. Payday loans have been a hotly debated topic, with...
View Article8 Tips for Finding Fintech Startup Success
While there seems to be a new fintech startup every day, some of the industry’s expert have been studying and analyzing the market for years now. Which means their opinions matter. Here are eight ideas...
View ArticleVenmo to Add ‘Pay With’ Feature, Targets Mobile E-Commerce
Venmo will add a new "Pay With Venmo" service, sources tell Bank Innovation.
View ArticleFed Payments Panel Recommends Replacing ACH
It seems ACH is too slow even for some bankers. Payments in the US lag behind much of the world and many Americans inside and outside of the financial services community would like to move their money...
View ArticleEverything You Need to Know About Prepaid
Prepaid cards offer a significant opportunity to broaden product lines and modernize customer‐facing applications without massive changes to core processing systems. How should financial institutions...
View ArticleWhat’s the Hidden Strategy Behind the Belly and Level Money App Updates?
What’s the message behind the major two major updates of fintech apps this week? Belly and Level Money, two upstart fintech apps, released major upgrades this week — Belly yesterday and Level Money on...
View ArticleRibbit Capital Files To Raise $125 Million For New Fund
Ribbit Capital filed an amendment to increase the target amount for its new fund to $125 million.
View ArticleSimple 2.0 Features Redesign & New Features
Simple 2.0 is not only a major redesign but adds a plethora of new features, leveraging newly developed technology.
View ArticleFed Gives Details of Faster Payments Roadmap, Due This Fall
The Federal Reserve has been working aggressively to upgrade the U.S. payments system, and will release its roadmap this fall, Bank Innovation has learned.
View ArticleFed Looks Overseas for the Future of Payments
The Federal Reserve is planning to update the existing payments infrastructure, but face several limitations.
View ArticleAs eBay Looks Outside, Insiders Hope Braintree CEO Gets Top Job at PayPal
Earlier today, The Information reported that eBay has been interviewing external candidates for the top job at PayPal, which was vacated in June when David Marcus left to be the head of Facebook...
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