Smart Fridges As The Voice IoT Proving Ground
This year’s CES conference saw new developments in voice payments, and they’re starting with the kitchen. Mastercard, Samsung, Amazon, and LG have developed new additions to their smart fridges...
View ArticleClarity Money Has 10,000 Customers Two Days After Launch
Two days, 10,000 customers, and a steady trickle of five-star reviews later, and the launch of mobile finance management app Clarity Money appears to have had a good start toward its goal of giving...
View ArticleBraintree CTO to Do Fireside Chat at Bank Innovation 2017
Juan Benitez, general manager and chief technology officer of Braintree, a PayPal subsidiary, will participate in a fireside chat at Bank Innovation 2017. Bank Innovation 2017, March 6-7 in San Jose,...
View ArticleRegulation, Data Management Top Industry Concerns
Professionals in the financial services industry are focusing their energy on regulation and data management, according to a survey from consulting firm and technology services provider Synechron....
View ArticleOpen-Source Card-Linking Code Could Open Loyalty Programs to All
The CardLinx Association has partnered with Microsoft to release open-source software for card-linked rewards programs, it was announced today. The move could open up rewards programs to a wide swath...
View ArticleVisa’s SVP for the Internet of Things Joins Bank Innovation 2017
Avin Arumugam, senior vice president of the Internet of Things at Visa, has joined the speaker faculty for Bank Innovation 2017, which takes place March 6-7 in San Jose. Arumugam was at JPMorgan Chase...
View ArticleBitstamp To Begin Trading Ripple XRP
The digital asset exchange Bitstamp announced that it will begin supporting two new trading pairs today, both using Ripple’s digital asset XRP. Starting on Monday, January 17, the exchange (one of the...
View ArticleHonda Demos In-Car Payments With Visa [VIDEO]
LAS VEGAS – Paying with your phone, watch, coffee mugs, and now, your car too: the IoT has come a long way. Honda partnered with Visa to illustrate the first proof-of-concept demonstration of...
View ArticleIBM CEO Ginni Rometty on Blockchain Uses [VIDEO]
IBM is way past looking for blockchain use cases — it has between 300 and 500 blockchain projects going at the moment, according to CEO Ginni Rometty. In an interview with Bank of America CEO Brian...
View Article6 Hottest Trends for Banking 2017
Change is imminent in banking, and as we begin the new year the only debate seems to be what is going to be driving that change. Over the course of 2017, what is going to transform banking the most?...
View ArticleAmazon, Diebold Offer Up a Peek at the Digital Future of Checkout
Shopping is set to change in the digital age, and it goes way beyond waiting 46 seconds for your EMV transaction to go through. Amazon has new stores without checkout counters or lines. And Diebold...
View ArticleFintechs, Looking to Partner with TD? Here’s a Checklist for You
The time when banks feared fintechs has (mostly) been left behind. Today, many banks have formed innovation arms or incubators in order to facilitate the fintech/bank relationship. However, scoring a...
View ArticleWe’re Finally Using Our Phones More for Finance (and Less for Gaming)
According to mobile analytics firm Flurry, overall mobile app usage grew 11% year-over-year, with the time spent on mobile business and finance apps growing 43%. Gaming apps, meanwhile, experienced a...
View ArticleDigital Usage Blows Up at BofA, Wells
You might as well call them e-Bank of America and Wells Fargo Digital Bank. Both BofA and Wells, the No. 2 and No. 3 ranked banks in the U.S., respectively, today for the first time released usage...
View ArticlePaymentwall ‘Postpones Indefinitely’ Its Iran Payments Effort
Last April, Bank Innovation reported that Paymentwall, a San Francisco-based payments company, had enabled payments to one of the world’s most closed markets, Iran. This news came shortly after the...
View ArticleActivehours Raises $22 Million to Disrupt Payday Lenders, Nip Consumer Fees
Activehours has raised $22 million in debt and equity financing, bulking up its war chest to disrupt payday lenders and help consumers avoid finance charges on credit cards and overdraft fees on bank...
View ArticleOK, Google, Let’s Shop
One of the first integrations announced through Google Home was the ability to order an Uber by just asking the Assistant. And that was, by far, the only payments-related feature available through the...
View ArticleCoinbase vs. the IRS: The Privacy Battle Rages On
Digital currency exchange Coinbase obtained a BitLicense from the New York Department of Financial Services, a grant that officially authorizes the exchange to operate (that is, to receive and transmit...
View ArticleTrust, Not Tech, Is Fintech’s Advantage Vs. the Banks
When it comes to banks, only 26% of Americans strongly agreed with the statement that banks had their best interests in mind, according to a recent report conducted by Salesforce—and, unfortunately,...
View ArticleSoFi, Coinbase Get the Green Light to Operate in New York
Ah, New York: If you can make it here, you can make it anywhere, but to even try, you need a license. Luckily, SoFi and Coinbase just got theirs. After waiting a year, the lender SoFi received the...
View Article