Synechron Launches AI Tool Suite for FIs
Neo has arrived. Global financial service consultancy Synechron has launched its Neo “accelerator” suite today, a set of 14 artificial intelligence tools and technologies geared towards assisting FIs...
View ArticleMastercard’s Digital Expert Talks IoT, Chatbots, And Wallets [Video]
Any device can be a commerce device, according to Mastercard’s Kiki Del Valle, senior vice president of digital payments and labs. “At the end, the IoT can become the internet of payments,” she said....
View ArticleCiti Demoes PFM App Built Via Its Developer Hub
Major banks are getting increasingly comfortable with the idea of open banking. For Citi, the open banking initiative was marked by the launch of its global developer hub in November of last year. The...
View ArticleStarbucks Brews IoT Innovation With iMessage Gifting, Amazon, And More
Why build your own network for your IoT products, when you could just partner with Starbucks? It’s worked for Apple, Amazon, Facebook, and WeChat so far. In fact, Starbucks is planning to keep up the...
View ArticleWells Fargo Replaces Cards, By Giving Customers Yet Another PIN
What if, instead of cards, consumers just had to put in a code—and then another code—to get access to their money at the ATM? Wells Fargo announced today that its customers now have full access to...
View ArticleViewpost Expands SME Network With Visa Partnership
Check payments have survived another year. Maybe introducing “virtual cards” to small businesses will help change that. B2B invoicing and payments company Viewpost has partnered with Visa to enable...
View ArticleSquare Enters Its First European Market: U.K.
Square has finally arrived in Europe. The payments company has just expanded its services to the United Kingdom, according to a statement released today. The U.K. became the fifth market where Square’s...
View Article5 Fintechs to Watch: APIs, Robos, and More
Now that banks and fintechs have learned to coexist, we see new players emerge (or older ones re-emerge), most with a new focus on partnering with FIs for the better. Keeping track of emerging players...
View ArticleData Can Build Engaged Bank Customers, If You Pick the Right Set
How should FIs leverage data to better engage customers? Well, according to Cardlytics President and co-founder Lynne Laube, you follow the money. “Three households who look identical...
View ArticleWant Mobile Banking Users? Eliminate the Login
Users will access their mobile and online banking accounts more frequently, even twice as often, if they don’t actually have to complete the login process. According to the most recent Monkey Insights...
View Article9 New Tipping Apps Beyond Venmo and Square Cash
Tipping is a problem in the U.S. It’s often not clear when tipping is appropriate or expected (Uber, anyone?), and this uncertainty can lead to overtipping or undertipping. The whole enterprise is a...
View ArticleAmazon Cash: Just Like a Gift Card, But Mobile
Amazon announced its new Amazon Cash offering this morning, alongside a list of participating retailers which thus far include CVS pharmacy and Speedway. However, Amazon Cash seems to be less of a...
View ArticleBanks (Should) Own the Data They Create, Expert Says
Data ownership is a hot topic these days, as consumers become more concerned about the way their information gets shared with third parties. In fact, data security is so high on consumers’ priority...
View ArticleWhatsApp Moves to P2P First, Businesses Come Next
Facebook-owned messaging app WhatsApp is beginning its trek into payments, using the UPI system to enable the feature in India. WhatsApp–which was acquired by Facebook in 2014 for $22 billion–has 1.2...
View ArticleChase Spent $600 Million on Fintech Deals in 2016 [Video]
$600 million of JP Morgan Chase’s $9.5 billion technology spend in 2016 went to fintech solutions, and given the company’s 2016 results, it seems like money well spent. According to the company’s...
View ArticleWestern Union Customers Can Now Use Apple Pay for Money Transfers
The Apple Pay universe just keeps on expanding—this time, it’s to international money transfers. iOS users will now be able to use Apple Pay for their payments when sending money transfers with global...
View ArticleAnt Financial Sends Out Open Letter to Woo MoneyGram
Ant Financial really, really wants to buy MoneyGram: just take a look at the open letter it issued to the money transfer service this morning. As a leading digital payments company, Ant Financial’s...
View ArticleStripe Opens Up Atlas for U.S. Startups
The $9 billion payments startup Stripe just relaunched Atlas–a portal that automates many aspects of establishing an e-business, such as bank account opening, payments, or share issuance. The portal...
View Article8 Best Financial Services Apps 2017 — Page 2
Zelle: Has there ever been a more anticipated launch of a P2P service? (Venmo doesn’t count; we didn’t know it was coming). Since this app was announced in 2016, the intrigue has only grown. Zelle is a...
View Article8 Best Financial Services Apps 2017 — Page 3
Daily Change by Wells Fargo: We love it when banks take a page from a fintech playbook, which is exactly what Wells Fargo did with its new PFM app Daily Change. Launched in December of last year, the...
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