Time Running Out on FinTech Acquisition Corp.
The clock is ticking on FinTech Acquisition Corp. FinTech Acquisition Corp, believed to be the only “blank check” company in the fintech sector today, has by rule until Aug. 19 to consummate an...
View ArticleVisa Snares Only 2 Clients for Mobile Location Service
It is just more than a year since Visa introduced its Mobile Location Confirmation service. And Visa has managed to nail down but two clients. MLC, as Visa refers to the offering, is a mobile service...
View ArticleVisa Opens Payment Platform to Third-Party Development
The launch of Visa Developer transformed the San Francisco-based Visa’s payments network to an open platform, allowing access to online and mobile person-to-person capabilities, accountholder...
View ArticleCoolest Brands 2016: Honorable Mentions
HONORABLE MENTIONS Capital One Financial Corp. — still the bank marketing kingpin Citi Fintech — tech-first approach from a big bank Coin — Fintech’s comeback kid Dwolla — real-time evangelists...
View ArticleCoolest Brands 2016: Digital Asset HoldingsMaking Blockchain Boom
It is interesting to note that globally there has been something of a systematic crackdown on bitcoin. The enforcement actions here and there amount to a collective thumb on the digital currency. Which...
View ArticleCoolest Brands 2016: VenmoIf You Don’t Venmo, You’re So Old
When you borrow money from someone, how do you say you’ll pay it back (even if you don’t mean it)? There is a “Venmo line” — Paypal CEO Dan Schulman placed it around age 30 — which divides those who...
View ArticleCoolest Brands 2016: AlipayThe Numbers Gamer
PayPal is to eBay as Alipay is to Alibaba. Only on steroids. To heck with Super Bowl ads — the coolest alternative payments company on the planet is Alipay. So China’s economy is stalling. So...
View ArticleCoolest Brands 2016: MasterCardMaking Payments Happen in the IoT
Is it possible for a payment network to be cool? And what if that payment network was launched in — gasp! — in 1966? It is when that payment network is gamely inventing internet of things payments on...
View ArticleCoolest Brands 2016: AdyenSecret Ubiquity
Netflix, Uber, Facebook, AirBnB, Spotify., Evernote. What do they have in common? In terms of payments, they all use the services of Adyen, the Amsterdam-based payments giant. Adyen operates in more...
View Article12 Coolest Brands in Banking 2016
When we think of cool, James Dean doesn’t immediately come to mind. The app Songsterr does. We are proud fintech nerds, and for five years we have marked the Coolest Brands in Banking on Bank...
View ArticleDEMOvation Finalists for Bank Innovation 2016 Announced
Many applied, few were chosen. After a difficult deliberation, 10 early-stage fintech companies were selected by a team of judges to compete in this year’s DEMOvation Challenge, to take place in...
View ArticleChase Pay Demo [VIDEO]
Bank Innovation’s own Brad Bergan — our newest editor — visited JPMorgan Chase’s model branch yesterday, checking out several new flavors of ATMs, as well as demoing the bank’s forthcoming digital...
View ArticleIn Chase’s New Digital Lobby, Teller Windows Are Out of Sight (Literally)
Want a peek at the bank of the near future? At JPMorgan Chase’s Manhattan headquarters, digital technology and interior design came together in a model branch that Bank Innovation toured last week. As...
View ArticleAuto Finance Innovation 2016 Unveiled
In a sign of the times in consumer lending, Auto Finance News today announced the launch of Auto Finance Innovation 2016, a new industry forum to explore the fintech revolution and how it is reshaping...
View ArticleVenmo API Mix-up Gives Developers a Scare
The programming, fintech, and developer worlds got a scare Feb. 26 with an announcement that Venmo’s API had been shut down. In the midst of a major switchover from an existing API to a new beta,...
View ArticleRipple Stakes Out Its Territory: Payments
SEATTLE, Wash. — Ripple is working with more banks than R3 or Digital Asset Holdings, and is narrowly focusing on cross-border payments, founder and CEO Chris Larsen said Monday. Speaking at the Bank...
View ArticleFinding the Network Effect at the End of the SME Payments Rainbow
Many commentators would argue the humble credit card is one of the most important financial innovations of the past 60 years. The reason behind its yet-unrivaled success has much to do with an...
View ArticleDwolla Defends Security Practices in the Face of CFPB Fine
Dwolla, the payments startup, said that it “has never been the company’s intent to mislead anyone,” after the Consumer Financial Protection Bureau slapped it with a fine for its data security. Dwolla...
View ArticleTop 20 Finance Apps: Tax Season & Money Transfers
With tax season upon our furrowed brows, a cursory view of this list may lead one to think everyone is doing taxes on his phone. The Internal Revenue Service’s own IRS2Go and Intuit, Inc.’s TurboTax...
View ArticleGoogle Tests Out “Hands Free” Mobile Payments
Android may soon have a rival — within Google’s own suite of apps. Android Pay has garnered an average of 1.5 million new registrations each month in the US, with over 2 million locations presently...
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