Citi Pay Rolls Out Abroad, U.S. Launch Planned for 2017
Citigroup today announced another digital wallet for payments, Citi Pay, to enable payments in-store, in-app, and of course online. The service will be rolling out to Citibank customers in Australia,...
View ArticlePayPal Adds Ability to Pay with Siri — But Not iMessage [VIDEO]
PayPal is joining the platform party on iOS. In September, Venmo — along with Circle, neobank Monzo, and Square Cash — took advantage of the platformization of Siri and iMessage and tied their services...
View ArticleBanks Close In on Real-Life Blockchain Use Cases
Blockchain is at a bit of a critical point, because it’s running up against the one universal enemy all new technologies have to face eventually: reality. In reality, how will banks use the blockchain?...
View ArticleAlipay on Track for $16 Billion+ in Transactions on #SinglesDay
During the first two hours of the annual 11/11 Global Shopping Festival, or Single’s Day as it is more commonly known, the Alibaba Group generated just about $7 billion USD of GMV within the first two...
View ArticleDwolla to Exit Consumer Space, Focus on API Offerings
Dwolla, one of the elder statesmen of the fintech startup world, announced today it will leave the consumer space and focus on its offerings for businesses. The change will take place soon — Dec. 7. As...
View ArticleFacebook Opens up Platform for Bot Developers
Facebook announced today that it will be opening up a developer platform for chatbot builders named FbStart, in the spirit of hallmark Facebook simplicity. This can be expected to add many bouncing...
View ArticleTop 20 Bank Video Ads of 2016 — Page 4
5. While not an ad in the pure sense of the word, this video from Silicon Valley Bank reminds its viewers to follow theirdreams–even if, especially if you happen to be a woman in tech. Good for you,...
View ArticleTop 20 Bank Video Ads of 2016 — Page 2
15. Soccer/football fan or not, by the end of HSBC’s digital banking video you’ll want to help this girl find her one missing football sticker yourself–of course, it helps if your bank service is that...
View Article$5 Billion in Same-Day ACH Payments Done Last Month
3.8 million same-day ACH transactions took place last month for a grand total of $4.98 billion transacted, according to data released today by NACHA—the National Automated Clearing House Association,...
View ArticleInComm Taps Tender Armor to Help Prevent Card Fraud
This week it was announced that InComm, a transaction solution and prepaid solution industry leader, will be piloting fraud prevention company Tender Armor’s CVV+ product in order to better protect...
View Article3 Startups to Watch: PeerStreet, Clarity Money, UTU
One of the best things about the fintech world is the variety—it’s like a sushi bar for financial services; which is why learning about new startups is so much fun. With that in mind, here are three...
View ArticleJD.com Considers Spinning Off Risk-Scoring and Lending Unit
Payments is a great business to be in — in China, that is. The Chinese e-commerce giant JD.com announced it is considering the sale of its internet finance unit, JD Finance, “in order to facilitate its...
View ArticleCoindesk Pivots to Ethereum Coverage, Zcash Burns Things
Today Coindesk, an important name in the world of cryptocurrency media, released both its blockchain report for Q3, and the news that it will be devoting more of its coverage to Ethereum. It’s an...
View ArticleJuvo Partners with C&W Communications to Smooth Out Phone Top-Ups
Today it was announced that fintech startup Juvo has partnered with communications company Cable & Wireless in order to bring better engagement and financial inclusion to prepaid mobile subscribers...
View ArticleVisa-Alibaba Partnership May Be in the Works as Visa Moves into China
When it comes to introducing cashless transactions to new markets across the world, Visa is usually the pioneer. Not so in China, however, according to Visa’s Chief Financial Officer Vasant Prabhu:...
View ArticleThe New Zealand Economy’s $45 Million Credit Card Brake
In October of this year the New Zealand Government’s Ministry of Business, Innovation & Employment (MBIE) released an issues paper outlining the current state of the country’s retail payment...
View ArticleCan Blockchain Fix Security and Identity, Consumers’ Top Concerns?
The two most prevalent use cases for the blockchain in fintech are trade finance and cross-border transfers—moving money at a quicker pace and more securely, according to research by Coindesk. However,...
View ArticleWirecard Optimistic About Its U.S. Prepaid Card Business
Wirecard has crossed the pond and found the U.S. to still be the land of opportunity. After quietly acquiring Citi Prepaid Card Services for an undisclosed amount (in cash) in June, Wirecard is now...
View ArticleSiri May Come to iMessage, and Bring Along P2P Payments
Have you ever felt overwhelmed with texting, and wished you had some help? Worry no more, Apple has you covered in its newest patent, which may bring Siri — iOS’s virtual assistant — to iMessage. The...
View ArticleGoldman Sachs Leaves R3CEV Consortium — But Stays in Blockchain
The R3CEV blockchain consortium will lose one of its founding banks as it continues to explore blockchain in the new year. Goldman Sachs has chosen not to continue working with the group despite its...
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