Fitbit Buys Mobile Payment Tech from Coin
Your morning runs are about to get way more “connected.” Fitbit, a popular provider of wearable technology, announced today that it has acquired mobile payment technology from Silicon Valley startup...
View ArticleChase Pay Wallet Delayed, Even Though It’s Live with a Few Partners
The Chase Pay mobile wallet from JPMorgan Chase was slated for rollout in mid-2016, but it likely won’t see light of day until the fourth quarter, it emerged today at the Shoptalk conference in Las...
View ArticleBirch Looks to Optimize Your CC Rewards
Confused as to which credit card best fits your needs? A Gainesville, Fla.-based startup says it will help you decide, by analyzing shopping behavior and optimizing credit card rewards. Birch,...
View ArticleStellar Kicks Off Global Effort in Nigeria
Stellar, a non-profit organization dedicated to building financial products for underserved customers across the globe, is focusing its efforts in 2016 on Africa’s largest economy, Nigeria. The Nigeria...
View ArticleThe SWIFT Hacks May Accelerate the Transition to Blockchain-based...
It has been an interesting news cycle in Fintech. First we had Lending Marketplace Meltdown Week. The takeaway: “all this new fangled stuff is messed up and its time to go back to the tried and the...
View ArticleSamsung Pay Leapfrogs Rivals with Epic Alipay Deal
Take that, Apple. Samsung Pay may not be available in the United Kingdom yet, but it’s rapidly expanding its reach in China in a March deal with UnionPay, the world’s largest credit card network, and...
View ArticleVenmo’s Still Growing Fast — Really Fast
Venmo’s most popular emoji – shared on average over 49,000 times per week – is the pizza slice , Paypal Holdings Inc. said during its analyst day presentation on Wednesday. Of more significance...
View ArticleLG to Jump into Mobile Payments with All-in-One Card
LG Pay – the promised new entrant into the mobile payments space – has had the industry on hold for almost a year. LG would join gSamsung and Apple as handset manufacturers getting into phone-based...
View ArticlePlastc Will Whitelabel All-in-One Cards for Banks
Plastc is “in talks with major issuing banks” to roll out a white labeled single issuer card for partnering banks, CEO Ryan Marquis told Bank Innovation. This move shows both an unexpected interest in...
View ArticleWells Fargo Pay to Launch Mid Summer
The latest in the mobile wallet craze: Wells Fargo Pay joins the (already long) pipeline of mobile wallets. But Wells bets that its massive mobile banking userbase will drive wallet adoption. Wells...
View ArticleMasterCard Expands Solution to Replace Cash in Global Trouble Spots
MasterCard is expanding its digital aid distribution services – MasterCard Aid Network – with the launch of Mastercard Humanitarian Aid Solutions, the company announced yesterday, during the World...
View ArticleThis Guy Just Implanted a Payments Chip in His Hand, Literally [VIDEO]
Your next wallet may be your hand. Unless you’ve been on a Buzzfeed-less streak in the past few days, you’ve probably heard of a Buzzfeed news reporter’s mission to spend a month without a wallet — a...
View ArticleBank of America Says ‘No’ to BofA Pay (For Now)
Bank of America said “No” to innovation labs last year. This year, while rivals JPMorgan Chase and Wells Fargo & Co. are bringing wallets to market, BofA is looking instead to the surrounding...
View ArticleSantander UK Pilots App Powered by Ripple
Real-time international payments are becoming ever-so real. Banco Santander’s UK unit partnered with San Francisco-based settlement system Ripple to launch a pilot app to enable fast international...
View ArticleWhy Do Banks Consistently Ignore Their Text Banking Apps?
Many banks have them. Many banks spend money on them. Nearly all of those banks ignore them. The “them” is text banking apps, and the degree to which they have been marginalized baffles me. Earlier...
View ArticleFaster Chip Payments Standard Is in the Works, MasterCard Says
The payment networks are coming together to work on a standard for speedier EMV transactions. As part of that effort, MasterCard is making its M/Chip Fast technology “available to all parties”...
View ArticleAre You Feeling the PayPal Vibe Yet?
PayPal wants to be at the center of your “financial vibes,” Chief Executive Dan Schulman said to PayPal stockholders on Wednesday. To do so, Schulman continued, PayPal is reinventing itself, alongside...
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Pirates with Ties interview with David Thompson of Western Union
In the Pirates with Ties interview series, we are interviewing people who are leading digital transformation and innovation in major Financial Institutions. David Thompson is the Executive Vice...
View ArticleLoyyal Launches Blockchain-Based Tourism Program
Loyyal – blockchain-based loyalty and rewards platform – has partnered with Dubai Future Foundation to create “world’s first” tourism incentives program powered by blockchain and smart contract...
View Article31 Highest Paid CEOs in Financial Services
Which CEOs are making the most in financial services? King of the Comp was Frank J. Bisignano, the CEO of First Data, who pulled in nearly $52 million of total compensation last year, a whopping 454%...
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