Business Banking Startup Qonto to Launch Virtual Assistant Next Year
Running a business is hard enough without dealing with all of the pitfalls of legacy banking, which is why Qonto is building a virtual assistant for its business banking service. The French startup...
View ArticleSMBs Can Now Apply for Loans Through Bank of America’s Mobile App
With its consumer mobile banking upgrades well underway, Bank of America is turning its attention to businesses. Small business clients can now apply for loans directly through all of BofA’s digital...
View ArticleAfter Long Wait, Apple OKs Dash Wallet for iOS App Store
Dash Wallet, based on the cryptocurrency Dash, is now available in the iOS App Store as of today, according to Dash, the company that operates the eponymous currency. The app store approval comes...
View ArticleChase, Citi Take Rewards War to Mobile with PayPal
Banks are taking the battle for millennial customers where it belongs: mobile. Citibank and JPMorgan Chase users will now be able to link cards to PayPal via mobile, allowing customers of both banks to...
View ArticleWells Fargo Is Bringing ‘Control’ to the Consumer [VIDEO]
Consumers today lead frenetic, complex lives, with the finances to match, and often that means struggling with multiple cards, accounts, and memberships. Wells Fargo is looking to change that. With the...
View ArticleVirtual Payments Are Needed to Keep Up with Gig Economy Workers, AmEx Says
Plastic cards just aren’t going to cut it anymore for workers in the “gig economy,” and businesses have to be ready. This goes for something as simple as travel and payment needs, according to Gint...
View ArticleBreaking Banks: 200 Episodes of Fintech
In this episode, host Brett King celebrates the 200th episode of Breaking Banks by taking a look back over the show’s history. King is joined by some of the show’s regular guests during this episode,...
View ArticleMore Consumers Are Concerned About Card Fraud, But Less Are Experiencing It
Customer fears about card security and fraud is increasing, but as it turns out, fewer consumers are actually experiencing that fraud. This is according to the Consumer Payment Card Data Security...
View ArticleWill an OCC, FDIC Charter Help Varo Money Become the First National Mobile Bank?
Want a national bank that’s mobile-only? So does Varo Money. Varo applied for a banking charter from the Federal Deposit Insurance Corporation (FDIC), as well as for a charter from the Office of the...
View ArticleAmerican Express Partners with Bitcoin Wallet Abra
Digital bitcoin wallet Abra is introducing its digital money transfer application to a vast landscape of new users thanks to its integration with American Express, the companies announced today. “This...
View ArticleIs It Time for FIs to Give Up on PFM?
Is PFM dead? If not, financial institutions should kill it, and move on to financial management features that will really help customers, according to a report on the subject released this week by...
View ArticleVenmo Stays on Top of P2P with 103% YOY Growth
P2P may be growing fast for banks, but that doesn’t mean Venmo is giving up the P2P throne. Venmo users sent $8 billion in P2P transactions through the service in the second quarter, PayPal reported...
View ArticleXero Goes Live with Capital One Credit Card Feed
Cloud accounting platform Xero added top U.S. bank Capital One to its roster. Ryan Himmel, financial partnerships lead for Xero told Bank Innovation this partnership is a big win for the company “not...
View ArticleTransferWise to Support Apple Pay for International Transfers
British fintech TransferWise will now let U.S. users send money transfers via Apple Pay. International money transmitting startup TransferWise updated its iOS app for iPhone and iPad users yesterday,...
View ArticleNearly One-Third of Starbucks In-store Payments Are Mobile
What makes the Starbucks mobile wallet such a popular option when it comes to paying for that morning coffee? Mobile payment at the coffee company’s U.S. stores increased to 30% of all stores,...
View ArticleFintechs Acorns and Clarity Money Form Partnership
Consumers today want services that can show them their whole financial picture, from the effects of daily transactions to how their investments are doing. That’s why micro-investing service Acorns has...
View Article3 Out of 4 Apple Pay Transactions Happen Outside the U.S.
Apple Pay usage continues to grow on a global scale, but not so much when it comes to the U.S. The technology company’s mobile wallet remains the most popular choice for global consumers, responsible...
View ArticleSquare Capital Grew 68% YoY by Not Competing with Banks
Square is competing with friends and family, not financial institutions, to grow its lending arm, Square Capital. The payments processing startup grew loans at Square Capital by 68% year-over-year this...
View ArticlePayworks Partners with Ant Financial to Bring AliPay to European Retailers
Payworks is bringing Chinese payment service AliPay to the European point-of-sale. The POS payment gateway provider has partnered with Ant Financial in order to integrate the AliPay service with...
View Article3 Startups Join INV Fintech Class as Associate Members
INV Fintech, this site’s sister accelerator that is run in association with Fiserv, is announcing three new members of the current class. These companies are joining at the Associate level, and will go...
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