Synechron Launches 6 New Accelerators For All Your Blockchain Needs
Some people seem to think blockchain is the best technological advancement humanity has come up with since the wheel. Certainly, one can’t deny that blockchain or distributed ledger technology has an...
View ArticleFinance Brands Will Beat Fintechs by 2021, Roubini Says
A new report released today by Roubini ThoughtLab holds quite a few insights about the future of wealth management, the future of fintech, and the future of technology, most notably the conclusion that...
View ArticleBitcoin Is Currency Now. Or Not. Or Yes?
Yes, I am using this meme, moving on: yesterday CoinDesk reported that New York Federal Judge Alison Nathan ruled that “bitcoins are funds within the plain meaning of that term.” In other words,...
View ArticleAI and the IoT will Change Fintech by 2021, But Blockchain’s Not Ready
A new report says artificial intelligence and IoT are going to transform fintech before blockchain, which still has some growing up to do. The rise of AI and the Internet of Things (IoT) is happening...
View ArticleIs Blockchain Still Blockchain If You Can Edit It?
Things happened in the banking world this past Tuesday: we got to watch Senator Elizabeth Warren flay Wells Fargo CEO John Stumpf alive—which Twitter thoroughly enjoyed—and then Accenture announced a...
View ArticleBreaking Banks: Cardmageddon!! [AUDIO]
On this episode of Breaking Banks, host Brett King is joined by fintech blogger Dave Birch to talk about “Cardmageddon,” or the moment when other types of payment will eclipse paying with cards. The...
View ArticleHomeSend Remittance Program Targets Mobile to Battle Cash in Ethiopia
Earlier this week it was announced that HomeSend—a joint venture of Mastercard, eServ Global, and BICS that works to ease cross-border or cross-network transfers—partnered with the Commercial Bank of...
View ArticleHow Will Same-Day ACH Affect Banking?
Slowly but surely, the waits are disappearing in banking. Mobile banking means you don’t have to wait on line at a branch (not that there would be a line these days if you went there). Accounts can be...
View ArticleRipple may become real competition for SWIFT in cross border payments
ID:38626297 Image source. Next week, 8,000 bankers and their vendors fly into Geneva for 4 days of talking about FinTech. Last year I had to fly to Singapore. This year, I can just hop on a train from...
View ArticleTop 5 Fintech Raises: FTV Capital, Avalara, OurCrowd, Certona, Zero
While it seems as though the unicorn birth rate is declining, investors are still finding fintech enterprises to sink their teeth (and by “teeth” I mean wallets) into, like the five companies below....
View ArticleBanks Form ‘First Ever’ Group to Agree on Blockchain Payments Standards
A collection of banks have formed what is being called the world’s first interbank group for global payments using blockchain technology. This is Ripple’s distributed ledger technology, specifically,...
View ArticleCard Use Reaches New Heights, and So Does Fraud
Consumer card transactions will overtake cash transactions for the first time in 2016, according to global research firm Euromonitor International. Cash is expensive to manage and is extensively used...
View Article3 Startups to Watch: Bond Street, EquityZen, Romit
If you look hard enough, you can find a startup for anything nowadays: you can exchange diamonds through the world’s first P2P diamond exchange, for example, buy a handbag in installments, and invest...
View ArticleWhy Do People Use Venmo? Check the Emojis.
The classic use case for peer-to-peer payments is splitting a check — it’s straightforward, easy to understand, and the people doing it are young and having fun (probably). But the problem is that the...
View ArticleVenmo and PayPal Are Both in the Top 10 Finance Apps on iOS and Android
The Chase Mobile app and Credit Karma app top this week’s list of finance apps, with Credit Karma dominating Google Play and Chase continuing its iOS reign. But the surprise of the week may be be that...
View ArticleOne Year after EMV, What’s the Reality of Payments in the U.S.?
Talking about payments nowadays, and chances are you’ll hear a lot about Apple Pay, or the larger world of mobile payments or whether those six startups that let you pay with emojis have taken off. In...
View ArticleGreen Dot Launches Secured Credit Card
Today it was announced that Green Dot, a leader in the prepaid space, is launching the Green Dot Platinum Visa Secured Credit Card—a credit card designed specifically to help those without credit build...
View ArticleWhy Is Capital One the Only Bank Using Alexa?
Earlier this year, Capital One and Amazon teamed up to put the Capital One “skill” on the Amazon Echo—as of now, Capital One customers who have the Echo or Echo Dot (anything with Alexa) can access...
View ArticleClearXchange Runs the Table by Signing Citigroup
ClearXchange has racked up an impressive series of wins in recent months, bringing several major banks live on its realtime payments network. But this week it may have scored its biggest win of all —...
View ArticleMarketplace Payments Specialist Payoneer Signs Rakuten.com
New York-based money transfer service Payoneer has signed with e-commerce player Rakuten.com, formerly known as Buy.com. Payoneer doesn’t enable purchases on the platform, but rather enables Rakuten to...
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