Real Time Equities Settlement – three Blockchain projects at exchanges
Real Time Equities Settlement will change the global capital markets beyond recognition, impacting every player in the ecosystem. For long a technological pipedream, Real Time Equities Settlement is...
View ArticleBreaking Banks: Is Blockchain Essential to the Fintech Revolution? [AUDIO]
This week, “Breaking Banks” recounts the history of Bitcoin, and how, despite ambivalent public opinion over the past seven years, fintech professionals and pundits have given it their silent support....
View ArticleThe Call for ‘Trust’ in Fintech Startups
SEATTLE — The Silicon Valley model for its startups is well-known. Heck, there’s a Wikipedia for it. It centers on a simple principle: build a business that scales, no matter the initial profitability....
View ArticleEchoes of Simple Deal Found in BBVA’s Acquisition of Holvi
One digital banking tech stack seems to not fit all at BBVA. That’s seems to be at least one of the strategies in play in BBVA’s decision today to acquire Finnish banking startup Holvi. Terms of the...
View ArticleDigital Insight Announces Fingerprint ID for Android
Digital Insight, acquired by NCR in 2013, announced today that Android Fingerprint ID would be incorporated into its mobile banking app in May. This feature allows mobile banking users to authenticate...
View ArticleCFPB Begins Fielding Marketplace Lending Complaints
Today, the Consumer Financial Protection Bureau began accepting complaints regarding online marketplace lending. While no official regulations have yet been placed on online marketplace lending or...
View ArticleChase Amps Up Personalization as It Preps Android Fingerprint Login
At JPMorgan Chase & Co., fingerprints and personalization are key next steps in its retail banking innovation evolution. Apple TouchID may get all the press, but authentication via fingerprint also...
View ArticleMovo Raises Seed Round to Build Venmo Killer
Payments startup Movo wants to convert every mobile device into a card-issuing bank. Bank Innovation has learned that the Palo Alto, Calif.-based company raised a seed round of $700,000 on Jan. 31 and...
View ArticleAnt Financial Raises $3.1 Billion on $50 Billion+ Valuation
The name might indicate something small, but Ant Financial is anything but. The spinoff of Alibaba is valued at over $50 billion and plans to raise a heap more, according to the Wall Street Journal. As...
View ArticleFinTech Acquisition Scores CardConnect Deal Before Money Dries Up
FinTech Acquisition Corp., created to acquire a fintech company, has fulfilled its mission. The Philadelphia-based company announced yesterday it would acquire CardConnect, a payments processing...
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Square launches in Australia – what will make or break them down under?
After establishing a local presence about a year ago in Melbourne, Square have finally made it through local regulatory hurdles and launched their Square Reader in Australia, specifically targeting...
View ArticleJack Henry Deal Could Add 6,300 FIs to TCH’s Faster Payments Play
Jack Henry & Associates, Inc., a provider of core technology solutions and payment processing services, announced yesterday an agreement with The Clearing House to advance faster payments. This...
View ArticleAsian Fintech Deal Sizes Dwarfed Those of U.S. in 2015
Asian fintech deal sizes dwarfed U.S. deal sizes in 2015, a new report from KPMG and CB Insights shows. Global fintech funding skyrocketed in 2014 and 2015, but tapered off in the fourth quarter of...
View ArticleChase Website Relaunch Takes Cues from Mobile App
Chase’s new online banking portal takes a page — or hundreds of pages, rather — from its mobile app, which is the nation’s most popular bank app with more than 22 million users. The site, developed...
View ArticleSquare Is Adding 100,000 Sellers Per Quarter
Mobile merchant Square has more than 2 million active sellers and is adding about 100,000 per quarter, according to CFO Sarah Friar. Square had a solid quarter and should break even by mid-2016,...
View ArticleWhy Apple Will Take Over Payments, Part II
Apple launched Apple Pay on Sept. 9, 2014. It became available on Oct. 20 of that year. As the two-year mark approaches for Apple Pay, the contracts written with financial institutions back then will...
View ArticleAlternative Logins on Mobile Still Lag User ID & Password
The average internet user has 19 passwords, and one in three of them suck, according to security experts. But it’s not our fault — remembering passwords is hard! An upper-case letter, a number, a...
View ArticleAs Transactions Speed Up, How Will Banks Fight Fraud?
Bank of America and U.S. Bank are the latest banks to sign on to realtime payments, joining Early Warning’s clearXchange network earlier this week. As more banks sign on to the number one name in...
View ArticleTop 20 Apps: Post-Tax Blues Healed With Checking Financial Health
Whether you’ve finished your taxes, or are simply not speaking of such things in this late fiscal hour, a single glance at app downloads reveals that mobile users have by and large moved on. Perhasp...
View ArticleAnother Blow for Bitcoin as Microsoft Store Drops Support
Microsoft may be a major player in blockchain but it doesn’t seem to care much about bitcoin. The Redmond, Wash.-based software giant dropped support for bitcoin in its online store today, posting the...
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