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2013 Innovators to Watch: The Alphabetical List

Here are the Bank Innovation 2013 Innovators to Watch, listed alphabetically: Sam Altman, Green Dot/GoBank Robert Bell, Passport Harry Brandicourt, Fifth Third Bianca Buckridee, JPMorgan Chase Shawn...

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Two New Security Startups Look to Network Intelligence to Fight Fraud

A financial transaction wants to takes place on a mobile device, which the bank must verify very quickly — but how? Two new startups offer solutions that use network intelligence outside the mobile...

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Capitalizing on Emerging Payments with a Succesful Strategy

We’ve heard it a million times. Mobile technology is changing the way customers interact with most organizations, most prominently in financial services and retail.  Key players must possess mobile...

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Simple and Lemon Wallet Update iPhone Apps

Simple and Lemon Wallet updated their iPhone apps yesterday. Simple provides its banking service to some 35,000 customers, and Lemon Wallet, one of the iPhone’s most downloaded apps, is a mobile wallet...

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BetterHaves Wins FinCapDev’s $50,000 Grand Prize

BetterHaves, a budgeting tool for couples, has won FinCapDev’s $50,000 grand prize, it was announced last night. The BetterHaves team, led by Ital Leibowitz, beat out 12 other teams in the competition,...

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VIDEO: Inside the Cashless Economy of a Farmers’ Market, Courtesy of MasterCard

The cashless economy at a farmers’ market is on display in this new MasterCard video. Interestingly, the video shows no actual transactions — meaning no swipes — but rather refers to them. Could that...

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Check (formerly Pageonce) Launches Expedited Payments for $14.99 per Bill

Check, the account aggregator turned payments platform formerly known as Pageonce, has launched expedited bill pay for its 8 million customers. The service comes with a hefty price tag — $14.99 per...

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VIDEO: Braintree Says It Provides the ‘Connective Tissue’ of Payments

There is a whole backend to payments at ecommerce site after site — and Braintree is training to own it. Sorry, Stripe. Here’s the company’s strategy, as well as the strategies of a few other payments...

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An Inside Look at Wells Fargo’s New ATM Text Receipts

Wells Fargo & Company today introduced text receipts at its more than 12,000 ATMs across the nation. Wells, which says it is the first bank to offer the service, has made text receipts available to...

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VIDEO: IP Payments on Why Its Playstation Payments Solution Deserved an iAward

IP Payments, a payments company in Australia and New Zealand, recently was tasked with setting up the payments system for Quickflix, which is the local version of Netflix. IP had specific challenges...

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GoBank Opens Its Doors to All Customers

GoBank, the mobile-first bank account from prepaid veteran Green Dot Corporation, opened its doors to all comers today. GoBank updated its iPhone app this morning and noted that invitations are no...

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In a First, City of Oakland Issues an ID That Doubles as a Debit Card

Ever thought you could use your government-issued ID to buy a cup of coffee? It seems like those days may not be far off now that the City of Oakland has issued a city ID card that is also a prepaid...

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Square Introduces Square Market, a Free Online Store for Small Businesses

Payments platform provider Square has introduced Square Market, an online marketplace for local businesses. Square already has a strong foothold among small businesses and micro-merchants with its...

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First Trade Union Bank Releases Payment and Loyalty App Built on the LevelUp...

First Trade Union Bank has released a mobile payment and loyalty app based on the LevelUp platform. First Trade claims that it is now one of the first banks in the country to offer a complete mobile...

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VIDEO: PayPal Galactic to Boldly Go Where No Payments Company Has Gone Before...

The world isn’t big enough for PayPal anymore. Forget Square, Stripe and Dwolla — PayPal’s rocketing past its young competition and bringing its payments platform — used by 128 million people — into...

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Moven Emphasizes Personal Financial Management Tools in New Video

In a video posted today, Moven emphasizes the personal financial management (PFM) aspects of its mobile app, last updated June 20, 2013. Moven’s website says its doors are now open and allows users to...

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Clinkle Will Reportedly Process Payments Using High-Frequency Sounds

The Silicon Valley startup Clinkle has gotten a tremendous amount of buzz recently, despite not having an app on the market or even really saying how it works. That might be because founder Lucas...

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Is there a pressing need for mobile commercial payments?

Is There A Pressing Need for Mobile Commercial Payments? From a consumer perspective, I wholeheartedly believe mobile is a necessary service channel.  I am all about mobile, but we are not hearing a...

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MasterCard’s Simplify Commerce Takes on Stripe

MasterCard is taking a step into Stripe’s territory with Simplify Commerce, touted as a simple way to accept payments online. Aimed at small and micro-merchants their developers, Simplify Commerce...

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Top 5 Technology Trends in Financial Services – June 2013

Trying to stay ahead of the curve when it comes to IT issues is a challenging task. Emerging technology forces in the financial services industry are already impacting business. The convergence of...

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