Cryptocurrencies Look Toward a Cashless World for Mass Adoption
Blockchain is here to stay, in some capacity or another, but what’s less clear is the fate of cryptocurrencies. Bitcoin, ether, Zcash, and like coins could fade into oblivion — or be the mainstream...
View ArticleWells Fargo Head of Digital Experience Marie Floyd to Speak at Bank...
Marie Floyd, Senior Vice President and Head of Digital Consumer Experience at Wells Fargo, is set to speak at Bank Innovation 2017. Floyd is responsible for customer insight and digital applications at...
View ArticleBlispay Doubles Merchant Network, Plans New Finance Terms
Applying for financing or credit cards at the POS at retail giants such as Best Buy is a no-brainer. Small and medium-sized merchants, however, don’t usually have that option. Blispay – launched in...
View ArticleInvestors Bet on Altcoins by Buying Hash Power
Bitcoin is notoriously volatile, making it dangerous to use it as a currency. That fraction of a coin that buys you a pizza this week might bring two the next (though you would starve if you waited...
View ArticleMasterpass Enabled 80 Million Accounts, 10,000 SME Merchants in 2016
When Mastercard fully rolled out its digital wallet last year – into the overcrowded market – it was unclear whether the company would be able reach the adoption goals set out by CEO Ajay Banga. But it...
View ArticleApple Sees ‘Record’ Growth in China; But Is Still in Ant’s Shadow
Apple’s plans for China seem to be going—well, going. During the company’s Q1 2017 earnings call yesterday, CEO Tim Cook reported record revenue for the quarter at about $78.4 billion. $7.2 billion of...
View ArticleWill Facebook’s Payments Revenue Ever Be The Same?
Facebook’s payments revenue has been on a steady decline since users stopped obsessing over desktop video games like Farmville and Cityville. Will we ever see the social media giant revive that revenue...
View ArticleKuhlmann to Head Up Banking as SoFi Transitions to ‘Neobank’
The CEO of mobile-only banking company Zenbanx will be staying on during the company’s merge with SoFi, where he will eventually take charge of the new products offered. “I’m going to be staying on,...
View ArticleEven Visa Thinks There Are Too Many Mobile Wallets
PayPal, Venmo, Google Wallet, Apple Pay, IBM Pay, Walmart Pay, Samsung Pay—the mobile wallet market just keeps on going and going, but according to Visa’s new CEO, that’s not necessarily what consumers...
View ArticleSnap May File for Payments License in U.S.
In the more than 170 pages of Snap’s IPO draft, its P2P payments service, Snapcash, received a mere paragraph. Snapchat’s parent company will look to apply for a payments license in order to “mitigate...
View ArticleMeet the New Technologies Demoing at Bank Innovation 2017
Companies from a wide range of fintech are finalists in the demo contest at Bank Innovation 2017, the event announced today. The finalists were chosen from applicants from around the world. A total of...
View ArticleTramonex To Use Smart Contracts for Cross-Currency Money Transfer
Regulators are waking up to the potential of blockchain, just in time for the rise of smart contracts. Tramonex, a London-based fintech, has announced today that it has been granted a registration as a...
View ArticlePay with Amazon Figures Highlights Importance of Prime Users
Those claiming subscription models can’t work in the digital age are probably ignoring Amazon Prime. The Pay with Amazon numbers are out today, and are of course climbing, an unsurprising development...
View ArticlePayPal Launches P2P Bot For Slack [VIDEO]
A new bot is born. PayPal today announced a chatbot that customers can use for P2P payments. But unlike the host of other companies, which have chosen to launch on the chatbot-heavy Facebook Messenger...
View ArticleBank Branches of the Future Are Already Here, Says BofA
The future of the bank branch has arrived, and it all starts in Minneapolis (and Denver). Dean Athanasia, co-head of the consumer banking unit for Bank of America, said during an investor conference on...
View ArticleFiserv CEO Jeff Yabuki to Speak at Bank Innovation 2017
Fiserv CEO Jeff Yabuki has joined the speaker faculty of Bank Innovation 2017, taking place March 6-7 in San Jose. Yabuki joined Fiserv in 2005. Under his leadership, the company has grown revenue to...
View ArticleBMO’s Innovation Pipeline Includes Smart Branches, Roboadvisory, and Blockchain
BMO Bank has been “heavily” investing in its technology architecture for the past five years. The bank reached a “major milestone” at the end of 2016, according to David Gordon, the bank’s U.S. chief...
View ArticleINV Fintech Launches New Monthly Podcast
INV Fintech, the sister accelerator to this site, is pleased to announce its inaugural episode of INV Unfiltered — a new monthly podcast series, which will cover current trends and intriguing topics in...
View ArticleWells Fargo Gets New Focus on Innovation, AI
What is the best application of AI for financial institutions? Wells Fargo is set to find out. The bank announced the launch of a new team today, dubbed the Artificial Intelligence Enterprise...
View ArticleWhat’s the Future of Chatbots? Listen to Experts
Chatbots and AI—what makes them so engaging? How can banks and FIs utilize bots to improve the relationship with consumers, while driving engagement? This was the penultimate question during the Bank...
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