Introducing Bank Innovation Israel, Nov 10-11 in Tel Aviv
They don’t call it Startup Nation for nothing. With the exception of Silicon Valley, Israel is the world’s top incubator for startups — and fintech is increasingly becoming hot there. Some of the...
View Article‘FinTech 2.0′ Drops Disruption for Collaboration
The latest crop of Innotribe startups don’t talk about disrupting banks. They want to be built into banks’ software. Kevin Johnson, Innotribe Startup Challenge manager, said yesterday that while...
View ArticleGreen Dot Renews Walmart Contract for FIVE YEARS
The Walmart contract has always been a drag on Green Dot Corp.’s future. Would Walmart renew this year? What would the company do if the deal feel through? Green Dot put those fears to rest for a while...
View ArticleFreshBooks in Deal with Apple
Apple has decided that it is working with FreshBooks “to deliver a made-for-business app” to small businesses. FreshBooks, in an announcement today, did not offer specifics on what exactly it was doing...
View Article2015 Innovators to Watch: 44 Executives Shaping the Future of Banking
The technology matters. The ideas matter. The business models matter. The use cases matter. The customer experience matters. The people of innovation matter most. Nothing gets done or innovated in...
View ArticleTop 20 Finance Apps of the Week
Welcome to a new weekly feature from Bank Innovation: Top 20 Finance Apps. For this feature, we’ll gather the Top 20 apps from both the iOS App Store and Google Play each week. (Sorry, Windows phone...
View ArticleDigital Asset Holdings Buys Blockchain Startup Hyperledger
Call it another vote of confidence for the blockchain. Hyperledger from Hyper, which provides private blockchains to financial institutions, was bought by Digital Asset Holdings, Bloomberg reported...
View ArticleThe Shot Heard ‘Round the Banking World
One of the highlights of this year’s Next Bank USA conference held June 16th in New York was the session titled “The Great Debate: Who will Rule Banking in the Future – Banks or FinTechs?” Bank...
View ArticleFacebook P2P Payments Go Nationwide
A little more than three months after its debut, Facebook Messenger‘s peer-to-peer payments service has gone nationwide. The news was announced today by David Marcus, Messenger’s vice president....
View Article3 Startups to Watch: Everledger, ByeBuy, B-Secur
In a new feature, we look at three startups — from the multitudes of fintech ventures being launched these days — that stick out. For any number of reasons. The three below touch on security and fraud...
View ArticleIs Xoom Worth $890 Million?
Did PayPay pay too much for Xoom yesterday? The purchase price of $890 million put a 25% premium on Xoom’s stock price, which has been on a torrid climb since April. That’s $890 million for a company...
View ArticleShopping Rewards Startup Mogl Raises $8 Million to Expand Network
San Diego-based Mogl has raised another $8 million to further its rewards business, CEO Jon Carder told Bank Innovation last week. Carder also revealed the company will launch an API for merchants...
View ArticleLighthouse is unbundling Kickstarter using bitcoin
So far most Bitcoin and Blockchain ventures are at the infrastructure layer such as wallets, exchanges, mining, payment processing and development tools. We are now starting to see ventures at the...
View ArticleThe Rise of the Fintech Intermediary Ecosystem
Here’s a quiz for you: Which commands a greater price today: A) a financial product; or B) the distribution of that financial product? If you answer B, then you were right — or you work at Xignite....
View ArticleAmid Turmoil, Greece Turns to Bitcoins
Financial crises have a way of helping people find cryptocurrency religion, and the turmoil in Greece is no exception. Over the weekend, demand from Greece apparently caused hour-long delays on what...
View ArticleAmerican Express Introduces Checkout, Includes Stripe Tie-In
American Express launched a checkout service to rival PayPal today. Buy buttons are a hotly contested space, with Google, Amazon, Visa, Venmo, and MasterCard, among others, jockeying for space on...
View ArticleNew Bitcoin Email Service Compounds Digital Currency Complexity
It is called “cool” on Reddit, but the new bitcoin email transfer service called MoneyPacket.org just adds complexity to the movement of cryptocurrency, rather than eliminating it. MoneyPacket.org’s...
View ArticleBiometrics Get a Boost with MasterCard’s ‘Selfie Pay’ Test
Would you like to authenticate a payment with a selfie? MasterCard hopes you do. The use case is simple. Swipe your card, and receive an alert on your smartphone asking you to show your face to prove...
View Article3 Startups to Watch: FundMyPro, ShareRate, LETZ
The three FinTech startups we’re profiling this week all capitalize on the collective to engage consumers with their products. One capitalizes on crowdfunding, the second on “Crowdborrowing,” and the...
View ArticleShare of Digital Sales at Bank of America Hits 60%
Bank of America might want to change its name to Digital Bank of America. The Charlotte, N.C., megabank is more digital bank than conventional financial institution today. That’s because 60% of the...
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