Zelle Logs 100M Transactions in 6 Months, Releases Standalone App
EXCLUSIVE— P2P Venmo challenger Zelle will launch its standalone app this month, allowing customers to use the service directly rather than transacting via a Zelle-enabled mobile banking app. The move...
View ArticleNo Credit Score? Say Hello to Petal Card
EXCLUSIVE – With its first credit card out today, New York fintech Petal aims to serve the “credit invisible,” according to its CEO and co-founder Jason Gross, by granting credit cards sans credit...
View ArticleCanadian Fintech STACK Partners with Mastercard
Canadian neo-bank STACK is partnering with Mastercard to power its “fee-free,” digital approach to traditional banking. The partnership will allow the startup to offer a chip-enabled prepaid Mastercard...
View ArticleE.U. Finance Ministers to Discuss Fate of Fintech Industry Post Brexit
European Union finance ministers are gathering to discuss ways to attract more fintech companies as the continent’s largest fintech hub, Great Britain, prepares to exit the group in less than two...
View ArticleFintech Startup PayJoy Bags $6 Million Investment
EXCLUSIVE – It’s been a busy few days for fintech startup PayJoy, which today announced that it closed a $6 million investment, only a few days after it reached another milestone. That milestone being...
View ArticlePineapple Payments Snags $35 Million Growth Investment
Omni-channel payment processing solutions provider, Pineapple Payments snagged a $35 million investment from Providence Strategic Growth. The investment is in the form of growth equity and will be used...
View ArticleFinovate Fall 2017 Day One: Data Analytics, ID Verification, and Cybersecurity
Finovate kicked off its 2017 Fall conference with demos from about 40 financial technology companies on its first day yesterday in New York. The companies demoed solutions across all areas of financial...
View ArticleDebitize, Which Helps Millennials Build Credit Without Debt, Launches in IOS...
EXCLUSIVE – Millennials are famously credit-averse, but this means they risk losing out on building a credit history, which is necessary for, among many other things, getting a mortgage when they want...
View ArticleAlibaba Introduces “Smile to Pay” Facial Recognition Technology
KFC customers in the Eastern Chinese city of Hangzhou can now pay for their meals with just a smile. Jack Ma, Alibaba’s founder, has long planned on launching facial recognition technology for the...
View ArticleVenmo’s the New Card on the Block
Payment platforms, no matter how flashy or cool, just don’t seem real until they have a plastic card attached. Witness Venmo, which has begun offering select users the chance to test a physical card,...
View ArticleContactless Payment Platform FitPay Gears Up for Next Growth Phase
EXCLUSIVE – When the co-founders of FitPay, a contactless payment technology provider, agreed to be acquired by security tech company NXT-ID back in May, the primary goal behind the deal was to enable...
View ArticleQ2, Chime Use Digital Subscription Services to Drive FI Revenue With CardSwap
EXCLUSIVE- Q2 Holdings and Chime are taking advantage of how users typically pay services like Amazon or Netflix to help drive more interchange revenue to financial institutions. For consumers, paying...
View ArticleiPhone X FaceID Will Work With Apple Pay
Apple‘s facial recognition technology or its “FaceID” service will work with Apple Pay and select third-party apps, the company announced among other things at the Apple event yesterday. Among its...
View ArticleFinovate Fall 2017 Day Two: Biometrics, Artificial Intelligence, and APIs
Finovate Fall 2017 continued its second day of demos with financial service companies showing off everything from biometric solutions for traders, to how to program an old gumball machine to accept...
View ArticleWill Apple’s Face ID Be a Boon for Video Banking?
EXCLUSIVE – Apple introduced the iPhone X yesterday, and as pundits predicted, it does away with Touch ID in favor of Face ID, a biometric authentication system based on the user’s face. The accuracy...
View ArticleDigital Accounting Service Wave Signs Deal with Royal Bank of Canada
EXCLUSIVE – Digital accounting company Wave has signed an agreement with Royal Bank of Canada to provide its platform to the bank’s online business banking site, the company announced at the Finovate...
View ArticleMoven Brings AI to its App
New York-based fintech Moven has just integrated artificial intelligence into its mobile apps, a feature that will make use of contextual conversation to better serve customers and their financial...
View ArticlePayPal Will Grow P2P Opportunities By ‘Going After’ Cash
EXCLUSIVE- P2P is changing, as new entrants like Zelle come into the market, which means payments companies have a lot of opportunities to hit or miss the technology. One of the reigning P2P champions,...
View ArticleGoogle’s New Payment App “Google Tez” to Launch in India
Internet giant Google will release a mobile payment service in India, according to reports. The Unified Payments Interface (UPI) app is called Google Tez, according to The IndianExpress. ‘Tez,’ in...
View ArticleSMB Expense Management Provider Bento Snags Major Partnership with The...
EXCLUSIVE – The Brink’s Company and expense management provider Bento for Business introduced a new Travel & Expense Debit Card at Finovate in New York. The partnership is a major win for Bento,...
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