7 Startups to Watch: Payments, Savings, Blockchain, and More
Knowing which startups to keep an eye on in fintech can be a full time job (for some, it is actually a full-time job), especially as more and more of them launch, get funding, and partner up with...
View ArticleWhy Does Everyone Still Want an All-in-One-Card?
If you think the all-in-one-card is an overused idea that had its day years ago and has deservedly disappeared into oblivion, well, I don’t even know what to say to you. Actually, I do: I agree, and...
View ArticleCould You Live Your Life on Bitcoin? [Video]
Investing in bitcoin is easy. Buying a tank of gas with bitcoin…uh. That’s more of a challenge, according to this Utah County couple who tried paying for life’s necessities only in bitcoin. The couple...
View ArticleBreaking Banks: Removing Mystery of Money Movement
Why does it cost so much to move money? If every record is computerized, if all the movement is recorded electronically, then why are there fees to get money out of a different bank’s ATM? Why are...
View ArticleDespite Financial Literacy Push, the Underbanked Are Still Underbanked
The rise of fintech startups and financial services companies espousing financial literacy programs, good financial health practices, and budgeting tools for consumers hasn’t changed one crucial fact:...
View ArticleCurve Rolls Out ‘Financial Time Travel’
Ever walk away from an impulse buy cursing yourself for using the wrong card? There’s an app for that now–well, a fintech. Curve, a London-based fintech that currently allows users to aggregate...
View ArticlePayroll Will Move to Mobile, According to Consumers
Payments between individuals and companies will be a lot more mobile in the future, according to consumers. Turns out, the majority of consumers (who have grown used to being paid via direct deposit or...
View ArticleVantiv Becomes International Payments Player With WorldPay Acquisition
Vantiv is expanding its role in international payments, with its latest move gaining it a firm foothold in the United Kingdom. The American payment processor, headquartered in Ohio, has just closed a...
View ArticleConsumers Are Still Wary of Digital Wallets (Zelle Isn’t Helping)
The introduction of yet another bank-branded digital wallet service hasn’t exactly shifted the world of payments on its axis. Citi Pay, Citi Bank’s digital wallet (and P2P service, thanks to the bank’s...
View ArticleSecurity Is More Important than Speed, Say 98% of U.K. Consumers
Speed is one of the key factors for global consumers when it comes to transactions, but as it turns out, the majority of consumers in the United Kingdom will take a secure transaction over a speedy...
View ArticleChinese Partnerships Are Good for Stripe, Great for Alipay and WeChat
Stripe’s recent expansion in Chinese payments opens up a vast market to the payments processor, but more notably, it allows Chinese payment giants WeChat Pay and Alipay to keep dominating that market —...
View ArticleAmazon Prime Day Sees ‘Record’ Shopping (Just Don’t Compare to Alibaba’s...
Who sold it better — Alibaba, during 2016 Singles’ Day or Amazon, during today’s Prime Day? With respect to Amazon’s ‘record levels’ of shoppers today, according to company statements, Alibaba’s...
View ArticlePayPal’s New Apple Partnership Leaves Square on the Outskirts
Square may have Apple Pay, but PayPal is the one with access to the rest of Apple. PayPal will now be a payment option for users making online purchases in the Apple ecosystem (including purchases made...
View ArticleStash Uses New Funding to Keep Focus on Underserved Investors
New platform, new services, new data analytics, but same old Stash. The micro-investing startup will be enhancing its platforms as well as building out new products and services thanks to the Series C...
View ArticleAnt Financial, MoneyGram Deal Has Hit a (Permanent) RoadBlock
Ant Financial’s acquisition of MoneyGram is in trouble. For those which might have missed the beginning of this saga, Ant Financial entered into a deal to acquire MoneyGram, despite the rival (and...
View ArticleWells Fargo Sees Slow Growth in Digital Users, But at Least It’s Growing
Wells Fargo is seeing slow growth relative to its peers when it comes to digital customers, but after several stagnant quarters of no reported growth, plus a steady stream of punishing news on the...
View ArticleConsumer Mobile Banking Apps Continue to Grow, but Smaller FIs Need to Step up
The number of consumer mobile banking apps available is continuing to grow, but smaller banks are getting left out of the race. That is according to the July Monkey Insights report, released today by...
View ArticleVisa is Betting on Businesses, Not Consumers, to Win the War on Cash
The war on cash is resurging, but this time companies are more focused on other companies than they are on changing consumer behavior. The campaigners against cash have long included companies like...
View ArticleChallenger Bank Monzo Starts Rolling Out Current Accounts
After two years of work, British challenger bank Monzo is finally rolling out its free current account product. The bank, which received its full banking license in the United Kingdom in April 2017,...
View ArticleBank of America, Chase Pull Ahead of Wells Fargo in Mobile User Growth
Overall, mobile banking usage is still growing, but more quickly at some financial institutions. Bank of America Corp., which reported earnings today, saw about 3% growth in its mobile users during the...
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