Kickstarter Drops Amazon Payments for Stripe
Crowdfunding platform Kickstarter announced today that it’s partnering with payments service Stripe, which will now collect and process all payments for projects hosted on Kickstarter’s site. Since its...
View ArticlePayments is the boulevard of broken dreams, but cross border e-commerce is sweet
Any time you see a market as large as Payments, entrepreneurs rush in. And Payments is undeniably a huge market. According to Boston Consulting Group: “In 2013, payments businesses generated $425...
View ArticleThis Tiny Metal Coil Has the Power to Change Mobile Payments and Become...
The metal coil shown here doesn't look like much. Just some looped copper. But if you run an alternating current through it, the coil will produce a magnetic field. And if you create the right kind of...
View ArticleThe Tipping Point for Digital Payments Is Closer Than You Think
It is cold here in New York, brutally cold. When I woke up this morning, the temperature with the wind chill was -6 degrees Fahrenheit. It was so cold outside it hurt. I mention the cold because it led...
View ArticlePayPal Here Unveils (Square Killer) Promo [VIDEO]
PayPal yesterday unveiled its new PayPal Here promo, and its message is clear: PayPal Here is trying to kill Square. Beyond offering slightly cheaper pricing that Square (2.70% v. 2.75%), PayPal Here...
View ArticleFidor Bank License-as-a-Service Model Changes the Full-Stack Bank Debate
This tweet by Marc Andreessen in February ignited a debate: @cdixon @JackGavigan @Kwdmiller @aweissman I am dying to fund a disruptive bank. Marc Andreessen (@pmarca) February 9, 2014 “Disruptive Bank”...
View ArticleA ‘Swiss Army Knife’ for Payments?
As more and more transactions move to mobile, banks may need additional ways to authenticate customers and enable transactions. Before Apple Pay launched, utilizing near-field communication (NFC) to...
View ArticleThe One Video You Must Watch on the Future of M-Payments and Apple Pay
Starbucks chairman & CEO Howard Schultz explains why Apple Pay will benefit -- yes, benefit -- Starbucks.
View ArticlePeerTransfer’s $22M Round Will Take It to UK, Australia and Beyond
PeerTransfer, a payments startup enabling international students to pay tuition fees in the currency of their choice, announced it has received some currency of its own today — a cool $22 million in a...
View ArticleMoven Gives Bank Innovation an Exclusive Look at Its Bet on Wearables
The bank account in your pocket can now be a bank account on your wrist. Bank Innovation got a sneak peak at the newest “watch bank,” developed by Moven, during a recent visit to the startup’s New York...
View ArticleIn Paytm, India Has Its First Fintech Unicorn
This story took me by surprise. Only a few days ago I had reviewed Fintech in India and missed Paytm. The news: “Paytm parent One97 raising $635M from Alibaba Group, SAIF; valued just over $2B” VC...
View ArticleWells Fargo Leaks Its Ambitious Mobile Skunk Works
What’s next from Wells Fargo & Co.’s mobile channel? Here are the internal projects Wells is investing in now, courtesy of none other than John Shewsberry, the megabank’s chief financial officer:...
View ArticleReddit Taps Stripe and PayPal to Power Gold Payments
Stripe and PayPal are competing for payments business across the digital world, but in at least one corner of it, the social sharing site Reddit, they are teammates. The two payments companies are...
View ArticleZions to Be the 40th Apple Pay Partner
Zions Bank, the Salt Lake City-based regional bank, reportedly will add Apple Pay capabilities this week. Should the capabilities be added, Zions would be the 40th financial institution to sign on to...
View ArticleGoogle’s Plan to Catch Up with Apple Pay — Softcard?
News broke last week that Softcard, formerly known as Isis, may have a suitor in mobile wallet competitor Google. What would be the price tag, considering the hundreds of millions — perhaps even...
View ArticleStarbucks Confirms Nationwide Roll Out of ‘Mobile Order & Pay’ in 2015
Starbucks will roll out its Mobile Order and Pay service nationwide this year, the company announced yesterday. Starbucks started the program last month, but has greenlighted its rollout into more than...
View ArticleCap One’s Warning: ‘Near-Term’ Digital Investment Is ‘a Negative Trade’
No one would accuse Capital One Financial Corp. of skimping on its innovation efforts and budget. Cap One was one of the first banks to start a lab, was essentially founded as a technology-first...
View ArticlePhablets to Become Dominant Mobile Banking Device by 2020, C&G Says
Phablets could dominate mobile banking within five years. Tablet use, on the other hand, will decline. That’s according to research released today from the financial consultancy Carlisle &...
View ArticleApple Pay Available in an Estimated 652,000 Locations
Apple Pay was launched last October and is now available in — brace yourself — approximately 652,000 North American locations, according to an estimate made public yesterday. Brian Roemmele, arguably...
View ArticleFacebook Payments Continues to Plod Along
Facebook turned in ho-hum payments performance last quarter, even as it was the first quarter with payments wonk David Marcus under employment. Facebook produced $257 million of payments revenue, a 7%...
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