Citi, Nasdaq Blockchain Partnership Speaks to Growing Incumbent Comfort
What’s better than a blockchain project? How about a finished one. Incumbent Citibank, established financial player Nasdaq, and shiny new blockchain startup Chain have partnered to bring blockchain to...
View Article4 Challenges to Blockchain Adoption From Fidelity CEO
Blockchain is a technology that can cause a lot of frustration, but can also create a lot of joy. That’s according to Abigail Johnson, CEO of financial services giant Fidelity Investments. Fidelity is...
View ArticleFIs Should Follow Deloitte’s Blockchain Lead
Remember when blockchain was going to kill financial services? It seems to be building them up instead. Take companies like Deloitte: with several new partnerships, projects, innovation labs, and...
View ArticleWorldPay Creates Proof-of-Concept for VR Payments [Video]
When virtual reality shopping finally becomes the norm, WorldPay wants to make sure consumers will have a way to pay for those virtual pants. The payments processor developed a way to bring payments...
View ArticleFor Blockchain Adoption, FIs Have to Solve Compliance First
The next big thing in financial services won’t make it very far off the ground if FIs don’t innovate with an eye towards compliance. And blockchain innovation is no exception, Arshi Singh, head of...
View ArticleBNP Paribas Announced VR-Based Banking App
Banking consumers in Paris will soon be able to get a taste of “future banking” with a virtual reality-based app for retail banking, French bank BNP Paribas announced today. The app, which will be...
View Article5 Israeli Startups You Should Be Watching
Technology in the world of finance is advancing across the globe, but some countries are adapting faster than others. Places like China, the United Kingdom, and Israel are all currently in the midst of...
View ArticleWhat’s Cooking in U.S. Bank’s Innovation Kitchen?
Innovating at the same time everyone else is innovating is hard, but U.S. Bank seems to be finding its way around. Headed by its fearless leader, Dominic Venturo, the bank’s Innovation Group has been...
View ArticleBitcoin vs Venmo: Lessons Learned from ‘Craigslist Jeff’
“Accepting payments in cash or crypto only. Venmo not accepted,” future online sale ads might read, at least for this recent victim of fraud on the reigning “killer” P2P payment app. Expressing his...
View Article5 Payment Trends and More, with Bill.com CEO [Video]
Mobile wallets, blockchain, P2P — it’s been busy in the payments world lately. But before focusing on far-off technologies — such as cross-border transfers via blockchain — the payments industry should...
View ArticleVisa Direct Already a Match for Mastercard, VocaLink Merge, CEO Says
Faster payments? Done and done, Visa says. Mastercard’s coming integration with bank account-based payments processor VocaLink will bring faster payments to Mastercard’s payments network in the United...
View ArticleEthereum Sees Strong Growth in Market Cap, Price This Quarter
Welcome to the year of Ethereum. The top rival of “digital gold,” i.e. bitcoin, had a banner first quarter in 2017, with a $3.6 billion increase in market cap (just under a 500% increase, compared to...
View ArticleBank Innovation Launches Industry Watchlist
In our constant pursuit of encouraging industry innovation, we are always on the lookout for new and inspiring players, and are eager to share our findings with our readers. To do this, Bank Innovation...
View ArticleApple’s P2P Service Lacks a Key Component: ‘Informal’ Engagement
Among the many innovative products announced during Apple’s WWDC 2017 yesterday (like this iMac Pro, or these cool smart speakers), the tech giant’s new P2P payments service got the FI spotlight....
View ArticleConsumers Will Always Hate Fees (Especially in P2P Payments)
Stop with the fees already. P2P services continue to grow in popularity—no surprises there. But, there remains a segment of the population that’s refraining from downloading such services, and, one of...
View ArticleCrypto ‘Crash’ Is Coming, Expert Says
Bitcoin’s price continues to rise, and it’s starting to make the cryptocurrency world a little nervous. These past few months have seen the crypto’s price rise nearly 12% YoY, according to data...
View ArticleConsumers Trust Banks Over Tech Companies For Digital Payments
Payments still belong to banks, according to consumers—even when those payments are being made through a smartphone or an IoT device. The majority of “connected” consumers, nearly 80%, cited their bank...
View ArticleICOs Over VCs, Blockchain Investors Say
Traditional venture capital is so passé. Blockchain investors are more interested in ICOs, or initial coin offerings, than traditional investment models, according to data from the Coindesk first...
View ArticleMastercard Wants to Build Up SMBs with New B2B Hub
The future of payments is here, it’s just not evenly distributed, small and medium businesses would say. Mastercard wants to even out the field. The company announced the Mastercard B2B Hub this week...
View Article2017 Innovators to Watch: 5 to 11
5. Dan Kimerling, Head of R&D, Silicon Valley Bank Dan Kimerling has done just about everything in the world of financial technology: He has led two startups, Gifty (acquired by Giftcards.com in...
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