Breaking Banks: Breaking Down Blockchain; Identity and Security [AUDIO]
This week host Brett King is again joined by Chris Skinner, as the two conclude their five-part talk on blockchain technology — the rails beneath the anonymous bitcoin which keeps it secure. King and...
View ArticlePayworks raises 4.5M in Series A, Talks U.S. Expansion
It was announced yesterday that Munich-based payment processing startup Payworks raised $4.5 million in a Series A round, with Rumford, HW Capital, and Speedinvest leading the investment. Payworks,...
View ArticleArtificial Intelligence Startups Make a Splash in New York
Artificial intelligence is set to challenge traditional technologies in financial services, if the startups that demoed at BBVA Open Talent in New York today are any indication. The BBVA Open Talent...
View ArticleThe Best Way to Attract Customers? Listen to Them, Ally Says [VIDEO]
Ally Financial is the latest to announce a re-organization of its brand, with the launch of its new “Do it Right” campaign, aimed at consolidating all of its services into one consumer-friendly image....
View ArticleFintech Startups Haven’t Given Up on Blockchain
The morning session at BBVA Open Talent Challenge was all about artificial intelligence. The afternoon session brought on the blockchain. From these sessions, two winners were chosen that will have the...
View ArticleFinovateFall Day 1: APIs, Biometrics, Big Data Analytics
It’s that time of year again! Today FinovateFall debuted in New York, where thirty-nine fintech companies debuted their newest toys to an appreciative, fintech-hungry audience. The technology presented...
View ArticleFinovate Day Two: Bots, Bonds, and a Bit of Blockchain
On the second day of FinovateFall 2016, fintechs continued to wow attendees with bright, dazzling new finovations. Attendees from banks, credit unions, and other fintech companies saw 31 demos of...
View ArticleTop 3 Fintech Raises: M1Finance, Shippo, Unilend
Investors across the globe continue to be passionate about fintech, but funding this week was a bit slow, with no big funding rounds to speak of as yet. However, this week saw some lucky startups...
View ArticleSourcery Scores $5M to Develop ‘Enterprise-Focused’ Payments
Sourcery, a digital payments platform founded in 2012, raised $5 million in venture funding in a round led by Marker LLC, the startup announced today. Sourcery’s digital platform focuses on accounts...
View ArticleWhy Vantiv Loves Pizza
Last week, Vantiv Inc. secured a significant card processing deal. And the payments industry barely noticed. It should have. Vantiv, based in Cincinnati, scored the processing business of Papa John’s...
View ArticleChatbots Take One Small Step Forward to True AI with Personetics, Clinc
Take a moment and imagine the future of banking: chances are your vision contains a lot more automation than we have now, whether you’re imagining a simple predictive algorithm for investments or a...
View ArticleWells Fargo Mobile App Still In Google Play’s Top 10, Despite $185M Fine
It shouldn’t be a surprise to see Credit Karma’s mobile app in this week’s top slot for finance apps on Google Play—finance-wise, that seems like the app to beat—but what is a little surprising is the...
View ArticleIs the Future of Finance Biometrics? Ant Financial Pays $70M to Find Out
Financial technology may be evolving at a rapid pace, but well, so is financial crime — meaning that the security of online and mobile payments is a constantly developing area and nowhere more so than...
View ArticleRipple Raises $55M as Client List Grows to 15 Top Global Banks
Investors still want a piece of the blockchain. Ripple, the enterprise blockchain startup, today announced that it raised $55 million in Series B funding to accelerate customer adoption of its...
View ArticleMasterCard Wants You to Masterpass All the Things [VIDEO]
MasterCard released a series of videos earlier this month to promote the various ways its Masterpass service can be used to buy the little things in life with a single click. You know, like buying that...
View ArticleBlockchain, Bitcoin In Space. Also, Florida
You might have seen Ripple’s news yesterday, but turns out that is not the only big development in blockchain this week—it’s now exploring the final frontier. Yep, that’s right: blockchain in space. If...
View ArticleMitek Study Criticizes Banks for Charging for Remote Deposit Capture
Earlier last week a study was released by Mitek that ranked fifteen of the world’s banks from best to worst in one teeny tiny category: customer experience with the banks’ mobile deposit features. In...
View ArticleWells Fargo Just Kicked Innovation in the Chin
It is always doubly upsetting to see vulgar business behavior from a seemingly platinum-plated brand. We have certainly been among those that have lauded Wells Fargo & Co. in the past, praising its...
View ArticleMastercard Send, Visa Now Powering Stripe Instant Payout
Mastercard Send will now be the payment rails behind Stripe’s instant payout feature along with Visa, it was announced today by the parties involved. This function allows Stripe sellers—such as Lyft...
View ArticleCircle, Square, and Venmo Tie Into Siri & iMessage
With the launch of iOS 10 on Sept. 13, new payment functionality was enabled for Siri, iOS’s voice-activated virtual assistant, and iMessage, Apple’s text-based messaging platform. The first wave of...
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