Payment Firms Fear Fintech Challengers More than Other Sectors Do, Study Says
Incumbent payment firms are more likely to engage with fintech upstarts than other companies in the financial sector, according to the 2016 PwC Global FinTech Survey, “Payments in the Wild Tech World“....
View ArticleApple and the Banks Appeal to Regulators in Down Under Brawl
Apple and three of Australia’s Big Four banks are fighting about mobile payments — and both sides are appealing to regulators for help. National Australia Bank, Commonwealth Bank of Australia and...
View ArticleMicro-Investing Startup Stash Raises $9.25M
Micro-investing mobile startup Stash Invest has just raised $9.25 million in a Series A round, money that is earmarked for the expansion of its userbase and the creation of a data-driven investment...
View ArticleBlockchain Or No-Chain: Is Blockchain Really the Future Of Fintech?
Former bitcoin champion Stefan Thomas caused a small stir in the blockchain world today when he posted an essay entitled “The Subtle Tyranny of Blockchain,” which, as the title suggests, does not...
View ArticleThe Opportunity To Disrupt the Credit Card Rails May Finally Be Opening Up
Image source The transition to Chip and PIN credit cards in America currently looks like just a big conversion cost – good for vendors and consultants and a big extra cost and time suck for everybody...
View ArticleMillennials Actually Trust Traditional Banks More than Venmo
No matter what industry you’re in, the chance of success depends on the knowledge and insight you have regarding your customer base, which for both traditional banking institutions and fintech startups...
View ArticleIs Y Combinator Pivoting Away From Fintech?
Fintech seems to have lost some appeal at Y Combinator. Arguably Silicon Valley’s top incubator yesterday hosted Day 1 of its Summer 2016 Demo Day, and the percentage of fintech startups dropped...
View ArticleMasterCard Introduces Enhanced Masterpass
MasterCard showed off its updated Masterpass mobile wallet at The Barclays golf event this week. Banks can embed the service to form their own digital wallet, and they won’t even have to pay Apple....
View ArticleY Combinator Brings the Fintech In Day 2
Y Combinator President Sam Altman knows fintech — he helped Green Dot build GoBank, after all. So when only two fintech startups made it to the stage yesterday at Day 1 of its Summer Demo Day(s) 2016,...
View ArticleVisa’s Head of Global Strategic Partnerships To Speak at Israel Event
Bill Gadja, Visa’s senior vice president of innovation and strategic partnerships, has confirmed that he will attend Bank Innovation Israel to speak about payments. Bank Innovation Israel is the...
View ArticleBank of America-Viewpost Partnership Brings Digital Payments to SMEs
Bank of America, a financial institution with 3.2 million small business customers, announced today it has partnered with fintech startup Viewpost to open the wider world of fintech, specifically the...
View ArticleChase Debuts Digital Car-Buying Service
Chase launched a new fintech offering, Chase Auto Direct, to allow customers to shop for a vehicle and secure financing through the Chase.com website or app, the company announced yesterday. Consumers...
View ArticleSquare Brings Payments, SC Offerings to Vend, TouchBistro Partnership
Thought you were done hearing about Square for the month? Think again! The company is building momentum on its already-fabulous year by partnering with point-of-sale companies TouchBistro and Vend, who...
View ArticleZelle Power: Thoughts Behind the EW Re-Branding
I would imagine — having never actually done either — that naming a company is like naming a baby: you want a name that stays true to your goals and values, quickly evokes a positive response from...
View Article3 Startups to Watch: Albert, Seed, Sweep
Delving into the wide world of startups is always an experience, as the possibilities are quite literally endless, since it is by nature an environment that breeds innovation. These three startups are...
View ArticleVenmo Beats the Banks To Win Top Spot Among iOS Finance Apps
No matter what time of year or how the economy is, mobile app users are concerned with their credit. How else to explain the continuing reign of Credit Karma atop the finance mobile app heap? But the...
View ArticleAre Roboadvisors Taking Jobs from Humans?
The fintech community sure is bullish on roboadvisors. At least, that’s the takeaway from the Twitter poll conducted by @INVFintech, this site’s sister accelerator. The poll was part of a Twitter chat...
View ArticleBrave Payments Uses Bitcoin Micropayments to Block Ads
There’s a war on in digital advertising. Facebook, whose ads are its lifeblood, is fighting ad blockers, while other services continue to find innovative ways to help users skip the marketing. Another...
View ArticleChase Spoofs Slow Payments in ‘Express Funding’ Video
JPMorgan Chase pokes fun at three-day payments in a new spot for its express funding service for business. The service allows card payments using Visa, MasterCard and Discover to be credited to an...
View ArticleMasterCard-PayPal Deal Echoes Visa’s ‘Exclusive’ One
Last month it was announced that Visa had made a deal with PayPal, which gave PayPal access to payments via Visa cards at the point of sale, and today it’s finally clear why MasterCard CEO Ajay Banga...
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