Most Venmo Users Have Never Heard of Zelle
Killing Venmo is going to be hard for Zelle when most Venmo users have never even heard of the new P2P service. More than 93% of Venmo users reported that they had never heard of Zelle, according to a...
View ArticleBitcoin Cash Grabs Headlines, But Ripple Has Banks’ Attention
Banks are paying attention to digital tokens along with the rest of the financial world, but some tokens might be more important to banks than others. But coins and forks rule the news these days. With...
View ArticleAmerican Consumers Pay a $15 Billion in Overdraft Fees Annually
The Consumer Financial Protection Bureau (CFPB) wants the U.S. consumer “to know before you owe” banks overdraft fees. So how much do consumers owe? Try $15 billion, which according to the Bureau’s...
View ArticleSift Will Give Users Personalized Recommendations on Best Credit Cards
Sift, an app that helps customers redeem credit card benefits and files automated claims on its users’ behalf, is now looking to advise these users on which credit card best suits their lifestyle. Sift...
View ArticleWhat’s Driving the Return of QR?
Until recently, choosing between NFC payments and QR codes would have been an easy choice. Now, with EMVCo releasing QR code payment specifications, large processors Mastercard and Visa exploring the...
View ArticleHow Apple Pay Cash, Apple’s P2P Service, Will Work
Fall is around the corner and prepaid card issuer Green Dot, which is the regulated bank partner for Apple Pay, has updates on Apple’s P2P money transfer service that will launch in the coming months....
View ArticleCredit Cards Still Have Too Many Fees
The average credit card has six attached fees, despite the increasing consumer preference for no fees at all. This is according to a study by CreditCards.com released yesterday conducted by Harris...
View ArticlePayPal to Use Swift Financial for Bigger Working Capital Loans
PayPal has big plans for its latest acquisition, small business lender Swift Financial. PayPal today announced its first acquisition since picking up TIO Networks in a $233 million deal back in...
View ArticleFilipino SMB Lender Fuse Taps Mambu to Power Platform
It’s all about the data. SaaS banking platform Mambu is paying close attention to one important trend in the fintech market when it comes to their growth strategy, according to its CEO Eugene Danilkis:...
View Article5 Startups to Watch: Cushion, Bread, Curve and More
It’s startup season: the accelerators are adding their new classes, the venture capitalists are packing on the funding, and bright new fintechs are setting launch dates. Take a look at just five of...
View ArticleWhy Sweden is Dominating the Retail Payments Industry [SPONSORED]
Many countries have joined the rush to go cashless by promoting wider adoption of digital payments and legalizing cryptocurrencies. Still, it’s European countries like Sweden that continue to be the...
View ArticlePayPal Launches 2 Innovation Labs in India
PayPal is launching two tech centers in India, in order to facilitate growth in areas like artificial intelligence, virtual reality, and the internet of things. The centers, located in Chennai and...
View ArticlePayments app Curve Prepping for Its Consumer Rollout, Ops Chief Says
Between keeping business users happy, integrating new technologies into the app, and preparing for an upcoming consumer rollout, Curve’s new head of operations, Rona Ruthen, has a lot to do. Ruthen,...
View ArticleBeijing Allows Subway Riders — Except Apple Users — to Pay with Smartphones
The Beijing subway is now allowing consumers to pay for rides with their smartphones — that is, unless they are using Apple‘s iPhone. Starting this week, people can tap their phones to pay and enter a...
View ArticleBitcoin Price Drops, Then Again Pops Over $4,000
Bitcoin’s price has been up and down today, swinging wildly from its more than $4,400 high to about $3,900, before it rose again. The cryptocurrency is back over $4,000 at the time of this reporting,...
View ArticleTransferWise Continues Neobank Plans, Launches Borderless Accounts in Canada
Fintech TransferWise is moving forward with its plan to reach neobank status, by rolling out its Borderless service to more countries. Borderless accounts for freelancers and SMBs are now available for...
View ArticleTop 5 Emerging Fintech Hubs in The U.S. Page 2
Austin Austin’s motto is “Keep It Weird,” which might make it a less than ideal place for traditional banking players, but that might explain the draw for the fintech startups setting up shop there....
View ArticleTop 5 Emerging Fintech Hubs in The U.S. Page 4
Omaha-Lincoln, Neb. Nebraska has an internal debate over whether its state sandwich is the reuben or the runza, but there is no debating the vibrancy of Silicon Prairie’s startup scene in both Omaha,...
View ArticleTencent Will Increase Investment in Payments, AI
Tencent Holdings will be increasing its investments in financial technologies like artificial technologies and in payments, the company stated during its earnings call yesterday. The decision to...
View ArticleGrowing Debit Card Use Crushes Mobile Wallets
Mobile wallets may be all the buzz, but debit cards were still the most popular of payment method in the U.S. in 2016, according to a recent report by PULSE. According to the 2017 Debit Issuer Study...
View Article