2017 Innovators to Watch: Alphabetical List
Souheli Badran, Alipay North America Jennifer Bailey, Apple Pay Amber Baldet, Chase Chris Ballinger, Toyota Research Institute Lilach Bar-David, Pepper/Leumi Jane Barratt, GoldBean Anne Boden, Starling...
View ArticleBanks Must Disrupt Themselves, Not Consumers, Citi Fintech CEO Says
AUSTIN — Better customer service comes from disruption within, not from trying to change consumer behavior, according to Yolande Piazza, CEO of Citi Fintech. “I think in fintech we talk a lot about...
View ArticleSVB Offering 2 API ‘Types,’ for now [PODCAST]
APIs and open banking – however that term is defined – are set to transform financial services by empowering consumers to share data with third parties. This means new businesses will develop that will...
View ArticleWill Zelle’s Launch Push P2P to ‘Mainstream’?
AUSTIN, Texas — The long-awaited launch of P2P service Zelle has finally arrived, presumably granting more connectivity and openness to consumers who might be hunting for an alternative to Venmo. But...
View ArticleAI’s Biggest Promise Is Simplicity, Experts Say
Innovation is all well and good, so long as it keeps banking simple. Most financial institutions are now at the stage where “anticipating the customer’s need” is a critical step towards creating that...
View ArticleCircle Launched Free Cross-Border Payments on Blockchain — When Will FIs Follow?
Person-to-person payments have gained traction among banks and other financial institutions recently. Many of the incumbents, like Bank of America, Wells Fargo, or Citi, have integrated Zelle within...
View ArticleSecurity and Lack of Trust Stall Mobile Payment Adoption
Checks, cash, and cards are on their way out, right? Not exactly. A majority of U.S. consumers (56%) feel that mobile payments increase the chance of fraud and theft, according to a study by YouGov...
View ArticlePayments Companies Are Most Likely to Attract Funding
Does the fintech you’re building have anything to do with payments or remittances (even a little)? That’s something to consider, as payments and remittance companies are receiving the most funding from...
View ArticleWith Its Newest Banking License, Klarna Now Eyes P2P Payments Space
Klarna, Swedish payments firm, is looking into the person to person payments space, as the company secured a banking license earlier today, Bank Innovation has learned. Klarna has been granted a full...
View ArticleNew Citi Spend PFM Feature Offers Simplicity Over ‘Shine’
Allowing customers the ability to analyze their spending on mobile, within a specific range of dates, does not sound like the height of fintech innovation—so why is Citi the only major U.S. credit card...
View ArticlePayPal Affirms Payments Dominance With New Feature
PayPal certainly isn’t stalling its innovations for customers. The company is continuing to expand its roster of new features with the launch of instant bank transfers for Visa and Mastercard users,...
View Article1 in 5 Consumers No Longer Carry Cash
Mobile wallets may not be replacing cash as yet, but that doesn’t mean cash is still the consumer go-to. About 20% of consumers (or 1 out of 5) are not presently carrying physical cash in their...
View ArticleCrypto-Enthusiasts Are Divided Over Ether ‘Flash Crash’
The volatility of the cryptocurrency bitcoin is well-documented, but its cousin ether—the currency traded on the Ethereum blockchain(s)—is considered to be somewhat steadier. Ether’s value has been...
View ArticleCars Are the Digital Wallets of the Future
Fintech. The cloud. Digital wallets. Blockchain. These are all buzzwords typical to the banking and payments space, but within the mobility landscape, they are only starting to gain traction. But that...
View ArticleData, Trust and the Age of Personalization
We live in an incredible, and incredibly connected, world with nearly half the population now online – and there is no turning back. The estimated 8.4 billion connected devices through the internet of...
View ArticleINV Fintech Unveils Its Third Class of Startups
INV Fintech, the sister accelerator to this site, announced its third cohort of startups today. The five companies were chosen from among a wide array of applications from across the globe. Here are...
View ArticleVisa Aims for Starbucks Experience with QR Codes
Mobile wallets may not have won over consumers (yet), but as anyone that’s recently visited a Starbucks could tell you, QR codes certainly have. That’s why Visa is taking a closer look at the payment...
View ArticlePayPal Remains Most Popular ‘Innovative’ Banking Product for Millennials
Still working on that Venmo-killer app? It might be a better idea to focus on its parent company. Most millennials—more than 90%—have used or are using PayPal currently, according to the Millennial...
View ArticleMost Petya Victims Aren’t Paying Up (So Far)
The latest ransomware virus that hit the globe may have been large in scope, but it wasn’t all that fruitful for the hackers. The implementers of the virus have presently received only 45 payments,...
View ArticleBBVA, Alipay Agreement Keeps Focus on Chinese Consumers
Ant Financial’s premium payment service has arrived in yet another market: Spain. Spanish retailers will now support Alipay capability in their stores thanks to an agreement between Ant and Spanish...
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