Emirates NBD, Open Bank Project to Hold Fintech Hackathon
Emirates NBD, one of the Middle East’s largest banking groups, is hosting a hackathon in partnership with Berlin-based Open Bank Project in London, the reported fintech capital of the world, April 15...
View ArticleCan a Mobile Lending App Save Millennial Credit Ratings?
Millennials hate credit — but a new service called Lenny is out to change that. Lenny is meant for mobile (of course) and launched today in California. It will reach Texas, Florida and New York in the...
View ArticleFinally, a Bank Built for Fintech Startups (But It’s in Germany…)
It’s a truth universally acknowledged that fintech startups need banks and the services — not to mention the regulatory protections — they offer. Berlin-based “fintech company builder” FinLeap has...
View ArticleUSAA Takes the Bitcoin Baton from Microsoft
A lot has happened in the bitcoin multiverse this week, some seemingly positive for the embattled cryptocurrency, some decidedly negative. Starting with Microsoft dropping online bitcoin support for...
View ArticleHOT HASHTAG: Calculating the Good Vibes of Big-League Bank Advertising
Does a robust advertising campaign override negative social media sentiments? SunTrust and PayPal’s most recent hashtags born out of their Super Bowl advertising imply, “Yes.” Consider PayPal’s...
View ArticleUber and Green Dot Team Up to Make Everyday a Payday
At one point in every taxi-driver’s vocational life, there is a moment when a particularly ungrateful fare makes the driver pine for payday, and ask why me? as they calmly circumnavigate the...
View ArticleBreaking Banks: The Possibilities for FinTech & Voice Payments [AUDIO]
Voice recognition is the most invisible computer interface. With the popularity of the Amazon Echo, fintechs and banks are both looking at the new possibilities to serve their customers. In this...
View ArticleTimeRepublik Raising a Round to Make Time Into Money
Time is money, they say, but is it really? One startup is betting on it, and before you dismiss the notion, read on. TimeRepublik – one founder is in Lugano, Italy, while the other is in New York – is...
View ArticleAlly Bank to Add Android Pay and Samsung Pay
Ally Bank will add Android Pay and Samsung Pay functionality “later this year,” Bank Innovation has learned. These additions would join Ally’s Apple Pay service, which the bank introduced this week. In...
View ArticleAhead of New IPhone Announcement, More Bad News for Apple Pay
The pain associated with EMV transactions — slowness, grouchy salespeople, confused customers in the line ahead of you — was supposed to be a good thing for mobile payments. It hasn’t turned out that...
View ArticleTop 5 Fintech Rounds: Series B Rounds for the Win
It’s a good time to be looking for a Series B raise, apparently. Our last top 5 fintech rounds toured fintech’s human touch — firms working to improve the human condition through healthcare,...
View ArticleBBVA Launches Alpha Version of API Marketplace
Banks need APIs and app ecosystems, right? That’s what services such as Yodlee and Open Bank Project have been arguing for years, but precious few banks have traveled that road. One that has is Silicon...
View ArticleStripe Atlas Offers Cuban Startups a Virtual Home on U.S. Soil
International payments were something a weakness for payment processor Stripe, but the launch of Stripe Atlas has changed that. In the latest and most dramatic example of Stripe’s new business, look no...
View ArticleNuance Wins Key Deal to Provide Voice System to Santander
Nuance, a banking technology vendor, will be providing Santander UK with voice banking technologies, the companies announced today. The deal marks a big score for Nuance’s Nina artificial intelligence...
View ArticleApple Pay on Safari: A Reality Check
Stop the presses, er, tweets! Something is happening with Apple Pay! The underperforming mobile payments platform from Apple will be available for use on Safari later this year, the world learned...
View ArticleCan Apple Pay Beat PayPal?
Is the expansion of Apple Pay’s functionality to include website functionality enough to enable the tech company’s payments venture to top PayPal, the reigning king of mobile payments? Apple Pay will...
View ArticleMeet the 15 Fintech Startups from Y-Combinator’s Latest Class
Y Combinator’s Winter 2016 Demo Days just wrapped up, with 159 startups taking the stage and making their play for funding. Just under 10% of the companies — 15 to be exact — were fintech-related. This...
View ArticleNumber26 Plants the Seeds of Genuine AI
This is an exciting time to be alive in the fintech space — and also an interesting time to be a chatbot, as the experiences of Microsoft’s Tay proved last week. As FIs and startups alike leverage the...
View ArticleWhy Apple Pay Is Invisible to the CFPB (for Now)
The FBI may be after Apple, but so far, the CFPB isn’t, at least as far as Apple Pay is concerned. The Consumer Financial Protection Bureau accepts complaints (and comments) about mobile wallets, which...
View ArticleTop 5 Fintech Capital Raises: The Fintech Punks
Feeling out of place? The five startups below may have the frontier know-how you need. Last week we looked at a group of fintech companies spanning the world with a suite of Series B rounds. This week...
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