Biometrics and the ‘Insured Internet’: Security at Money20/20
At Money 2020—a global event surrounding really everything involving money currently happening in the one and only Las Vegas—one of the topics on everyone’s minds is definitely security, specifically...
View ArticleDiebold Nixdorf Debuts ‘Extreme’ ATM — Tiny and Contactless
LAS VEGAS — Contactless payments are not new — card-free ATM transactions have been seen at fintech conference for years now — but they are getting more buzz lately, especially as the industry...
View ArticleIBM Launches Mobile Payments Platform, IBM Pay
IBM is probably not the name you expected to see in front of the latest’Pay,’ but Big Blue is indeed wading into mobile payments. The newest form of mobile payment was introduced yesterday at...
View ArticlePayPal Swears Off Buying Another Bank [VIDEO]
PayPal will not buy another bank, and specifically not one in the United States. So declared Dan Schulman, CEO of the payments company, this week. This despite the fact that PayPal Inc. has about $6...
View ArticleData Keeps Customers Safer, But Access to It Has Become a Battle
In the Age of Information, companies that have made data their business are getting more competitive as they seek to tame the mountains of available data into useful, actionable insights and answers....
View ArticlePayments Platform NanoPay Raises $10M, Led by Goldman Sachs
Toronto-based payments platform nanoPay announced yesterday that it has raised $10 million in a Series A round in order to expand its business and offerings, most notably its open API platform,...
View ArticleNot Even Millennials Care About Mobile Payments, Studies Show
Turns out even millennials don’t care that much about mobile payments. According to a report presented by the tech consultancy Accenture at Money20/20, the number of those of us in North America who...
View ArticleChain Releases Open Source Code, Partners with Visa
It seems as though fintech-ers are more interested in chatbots than blockchain these days, but that doesn’t mean distributed ledger technology has slid out of the spotlight. Blockchain startup Chain...
View ArticleChanges at Ripple, Mastercard Releases New APIs, and Zcash Price Surges
Enterprise blockchain firm Ripple just today announced the rise of a new CEO, as Brad Garlinghouse takes over from the company’s current CEO Chris Larsen. Larsen will serve as chairman of the executive...
View ArticleInAuth Partners with Zelle to Leverage Device History for Mobile Security
Security provider InAuth just announced a partnership with Zelle—the old clearXchange, for those who are still not used to the rebrand —in order to provide better mobile security on the Zelle app when...
View ArticleIs Social Media Taking over E-Commerce? (Yes, And Facebook’s Already Winning)
If there’s one social platform out there that just might be able to steal e-commerce business away from Amazon, it’s Instagram–a visual, highly interactive and personalized platform that just added the...
View ArticleSquare Capital Drives Company Revenue
Square reported its third quarter 2016 earnings this week, and it’s not a particular surprise that the company exceeded all expectations: for the third consecutive quarter Square surpassed its expected...
View ArticlePayKey Wins Demo Contest at Bank Innovation Israel
TEL AVIV — PayKey, an intriguing Israeli startup that lets banks offer payments on any social media platform — and we mean any — won the demo contest at Bank Innovation Israel 2016 here this week....
View ArticleChase Pay Now Linked to Walmart Pay for Frictionless Mobile PoS Payments
Walmart is the latest retailer to accept Chase Pay — which has also made deals with other companies, such as Starbucks — and should be rolling out to customers sometime next year. The Chase Pay service...
View ArticleUsers Hit 65K Mark at U.K.’s Monzo
LONDON — British challenger bank Monzo‘s new customer acquisition rate appears to be hockey-sticking. Tom Blomfield, co-founder of the new bank, told Bank Innovation today here that Monzo’s weekly —...
View ArticleCFPB’s Upcoming Rule Aims to Protect Holders of Prepaid Cards [VIDEO]
The future of regulations in banking may be uncertain pending the results of yesterday’s election, but one thing we know: On Oct. 1, 2017, a new rule will go into effect for prepaid cards, the CFPB...
View ArticleWhat Will Finally Kill Cash? Apple Pay, Says Survey
As much as we all love digital banking (and we do) there are clear kinks that need to be worked out. The recent Android banking Trojan that’s gaining ground, Tesco Bank having to halt online...
View ArticleBitcoin Rises, Dollar Falls After Trump Victory
Bitcoin’s price rose with the election results as other fiat currencies such as the dollar, the yen, the peso all experienced fluctuations as the votes flooded in. The global bank BBVA, for example,...
View ArticleGreen Dot Wants to Be the Bank for On-Demand Workers
Green Dot Corporation is best known for its prepaid cards, but its growth opportunities are coming from faster payments and the on-demand or gig economy, its CEO said yesterday. CEO Steve Streit, who...
View ArticleBiometric Security Gains Popularity, But Is Far from Foolproof
The importance of cybersecurity, particularly to banking, is under a spotlight at the moment, as online and mobile banking users and financial consumers find themselves dealing with hacks, Trojans, and...
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