Santander U.K. Adds P2P Voice Payments to Its App
Tired of having to transfer money using an infinite number of smartphone taps? Banks are starting to fix that. Santander is continuing its dive into voice-based features, by rolling out voice payments...
View ArticleBreaking Banks: Fintech Finals 2017
In this episode of Breaking Banks, host Brett King explores the growing landscape of Chinese and Indian fintech–in between keynoting at the 2017 NextMoney Fintech Finals in Hong Kong. Here, King and...
View Article12 Coolest Brands in Banking 2017 Page 6
11. ThoughtMachine: Transforming the Core, One Bank at a Time Convincing a bank to change its core operating system is a tough mission. But a group of ex-Googlers are firmly set to change this...
View ArticleA Guide to Genuine Innovation When Everyone Is ‘Innovating’
This bank created an innovation lab, and that bank is launching a fintech team. But this other bank just started a blockchain focus group, and everyone else is investing in tech. Gone are the days when...
View ArticleConsumers Use Mobile Banking, Just Not for Money Transfers
Despite all the digital efforts from financial institutions, consumers still don’t make use of their in-app money transfer functions. According to the February Monkey Insights report released by...
View ArticleBanks Build a New Standard for Cross-Border With SWIFT (And Not Blockchain)
Cross-border payments are getting an update—but banks are keeping blockchain in the blockchain labs. Instead of distributed ledger technology, banks like Citi, Wells Fargo, and BBVA, are looking to...
View ArticleFacebook Global Director to Talk Payment Partnerships at Bank Innovation
Kahina Van Dyke, global director of commerce & payment partnerships at Facebook, will be a featured speaker at Bank Innovation 2017, which takes place in San Jose on March 6-7. Van Dyke will...
View ArticleVisa, IBM Partnership Is a Leap Forward for Cashless
Behold, the rise of IoT—plus, the rise of the cashless economy? Visa, the payment processor responsible for over half of the world’s electronic transactions, will be integrating its credit card...
View ArticleBanking Apps Synced With Your Car, Next Up
It has been a busy few months for IoT and in-car payments. IBM and Visa sealed a partnership to connect 20 billion devices by 2022, while Jaguar and Shell showcased fuel payments tech in the U.K.....
View ArticleNew York vs OCC: Let’s Think of the Children
The Empire State really wants to be in charge of the fintech sandbox—and it wants the OCC out already. In his recent 2017 budget proposal, Governor Andrew Cuomo outlined a few changes that might be in...
View ArticleStarling Bank Integrates API into Google Home [VIDEO]
Mobile-first Starling Bank released a video today showing off an integration of its API with a Google Home device. The feature is not available for Starling customers yet, though it’s coming, according...
View ArticleKakao Investment Points Offline Push for Ant Financial
In yet another installment of Ant Financial’s global expansion master plan, the company today announced a $200 million investment in Kakao Pay — a soon-to-launch fintech subsidiary of South Korea’s...
View ArticleWe Sent Money to the U.K. with TransferWise Messenger Bot, Here’s What Happened
Facebook Messenger’s chatbot horde just got a new member: Say hello to the TransferWise Bot. The U.K.-based TransferWise now allows users to make international transfers through a Messenger bot, which...
View Article8 Fintechs That Made the Cut at PitchIt
Lendit and 500 Startups have announced the eight finalists for their PitchIt competition, which will occur at the annual LendIt conference next month. The eight fintechs chosen to compete for...
View ArticleBlockchain Is Coming to the Auto Industry, and Not Just for Financing
Hyperledger Project – the cross-industry effort for the advancement of blockchain technology – enlisted a new member, but it’s not your usual bank or tech firm this time. Daimler AG — the parent...
View ArticleHere Is How to Build (And Maintain) Your Innovation Team
Innovation groups are a relatively recent, but an increasingly important, addition to traditional bank structures. FIs employ different approaches when forming those teams: some banks have full-time,...
View ArticleSquare Capital Loan Volume Grows 68% YoY, Replacing Need for a Credit Card
Mobile payments company Square grew its gross payment volume 34% over last year, and its loans through Square Capital were up twice that — 68%. The San Francisco-based company processed $13.7 billion...
View ArticleIs the Facebook of Banking Still Possible?
If you picked up the New York Times Business section this morning, you probably saw the photo of the fintech guru, Brett King, looking out the window of a dimly-lit room. The caption read: “Brett King...
View ArticleCommerce Signals Looks to Close Series B Round in April
Here’s something a little different: Commerce Signals posted on Crunchbase that it is raising a Series B round, slated to close in April 2017. The startup founded by Tom Noyes has already raised $4...
View ArticleNew PFM App Hip Money Comes to Market
In the long list of startup finalists competing at South by Southwest 2017 hides a brand new personal finance management app. Hip Money – a new app by Hip Pocket – adapts the millennial habit of...
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