Bitcoin Creator Steps Forward and His Name Is Craig Wright
Satoshi has stopped hiding. Well, probably anyway. While some say we’ll never know for sure who created bitcoin (and perhaps more significantly, the blockchain that underlies it), an Australian...
View ArticleUber Deal Bolsters Alipay as ‘Global Lifestyle Super App’
Uber’s deal with Alipay is more than just a win for riders of black cars. The deal moves Alipay further toward its goal of becoming a “global lifestyle super app” — Alipay’s words, not ours. Ant...
View ArticleDeloitte Taps Blockchain Startups to Build New Core Banking System
The accounting giant Deloitte partnered with five blockchain startups to build a new core banking system, and offer blockchain solutions to companies worldwide, the company announced this morning. The...
View ArticleZooz Will Use Its $24 Million for Global Push
At a recent event for fintech startups, an investor noted that venture funding for seed and A rounds was growing scarce, while rounds for more-established firms continues apace. Today’s news from...
View ArticleBBVA Compass Introduces Multi-Check Deposit for Mobile
Check use may be on the decline, but those little slips of paper don’t seem to be going away. In fact, in its latest iOS update, BBVA Compass, a digital-forward bank, essentially doubled down on...
View ArticleBank of America Updates App with Check Order Options
It seems that banks have been busy updating their mobile apps with check features in the past week, despite the fact that checks have been declining in popularity in recent years. Bank of America now...
View Article5 Red-Hot Fintech Startups Pursue Investing and Financial Health
Mobile-first investments and financial health were on top of the agenda during yesterday’s fintech demo day in New York. Five startups demoed their latest wares during a meetup organized by Empire...
View ArticleBanks Still Don’t Trust Bitcoins
“Blockchain — good, bitcoin — bad” has been quite a theme in financial circles recently. While many recognize bitcoin’s cost- and time-cutting benefits, big FIs in particular still seem unlikely to...
View ArticleBest New Financial Apps 2016, The List
1. Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous...
View Article5 Best New Financial Apps 2016
We can all agree Credit Karma, Chase Mobile, Bank of America, Wells Fargo, and PayPal aren’t leaving the Top Ten on App Annie anytime soon. But ratings and rankings aren’t everything — there’s also the...
View ArticleWhat’s New Around the ‘Block’?
Demand yields supply: while major FIs are increasingly investing in distributed ledgers, today we are not falling short on the supply of blockchain startups. Five blockchain innovators held five-minute...
View ArticleDwolla CEO: Faster Payments Offer ‘Substantial New Market Opportunities’
It looks like this faster payments thing is going to happen after all. When the Federal Reserve floated the idea of faster payments in the U.S. in 2013, it seemed like a distant dream, The Fed itself...
View ArticleInvesting, Authentication, and a Few Bots Take the Stage at Finovate
SAN JOSE, Calif. — Thirty-nine companies demoed their products to the crowd at Finovate Spring today. Not all were startups (IBM) and not all were really fintech (Quid). All of them did their best to...
View ArticleInvestments, Financial Management, and Even Some Virtual Reality: Finovate Day 2
SAN JOSE, Calif. – Day 2 of Finovate saw a seeming parade of wealth management and investment solutions, but the final one included a new twist — virtual reality. Was it a bit frivolous? Was the use...
View ArticleBreaking Banks: Fintech Inside Banks (Warning: May Include Bitcoin)
It’s double your pleasure, double your fun with Breaking Banks today! We have last week’s show on digital currencies and their possibilities, which includes interviews with Ben Milne of Dwolla, Simon...
View ArticleWalmart Pay Won’t Make a Dent in Card Usage, For Now
First announced in December 2015, the latest in the mobile wallet pipeline – Walmart Pay – is live as of yesterday to Walmart shoppers at 110 branches in Arkansas and a further 500 in Texas. The...
View ArticleMoribund MCX Delays Rollout, Cuts Staff
Just a day after Walmart Pay began its rollout, troubled mobile payments consortium MCX announced it was just about shutting down. MCX, formally the Merchant Customer Exchange, announced yesterday it...
View ArticlePay With Venmo App Service Live For ‘Select Users’
It’s not just P2P anymore. Venmo’s in-app payment feature is live, and select “lucky users” can already use Pay with Venmo in participating iOS apps, the company announced in an email today. We’ve...
View ArticleMasterCard Releases Its IoT App for Samsung Refrigerator
The vision of a refrigerator — and internet of things — that can facilitate home shopping has been realized. MasterCard several days ago quietly released its iOS app to support a partnership with...
View ArticleAcorns Transforms ‘Cash Back’ into ‘Cash Forward’
Acorns is bettingthat millennials will prefer “cash forward” to the old-school “cash back” rewards on their purchases. Earlier this week, the micro-investing app launched Found Money, a program that...
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