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Indonesia Bitcoin & the unbundling of the remittances market 

Indonesia Bitcoin & the unbundling of the remittances market 

by July 3, 2015 at 1:39 am 0 comments

So far we have looked at relatively small countries in our Alternative Bitcoin Capital tour. Indonesia is not small however you cut it: population; 256 million (close to America in size) GDP #16 in world between Mexico and Netherlands. Indonesia is exciting for business because of those Asian GDP growth rates – at 5.8% this…Read more Indonesia Bitcoin & the unbundling of the remittances market 

Is Xoom Worth $890 Million?

Is Xoom Worth $890 Million?

by July 2, 2015 at 11:51 am 0 comments

Did PayPay pay too much for Xoom yesterday? The purchase price of $890 million put a 25% premium on Xoom’s stock price, which has been on a torrid climb since April. That’s $890 million for a company that lost money last quarter. So why would PayPal give Xoom shareholders soRead More

RiskMatch – connecting the disconnected world of commercial insurance

RiskMatch – connecting the disconnected world of commercial insurance

by July 2, 2015 at 3:00 am 0 comments

By Rick Huckstep As understatements go, saying that the US insurance market is a big market is up there with the best of them! It’s around $1trillion in size with the market split roughly 50:50 between commercial and personal. Let’s pick the commercial insurance market and look a little closer. Here we see a market…Read more RiskMatch – connecting the disconnected world of commercial insurance

How E-Signatures Enable Remote Account Openings [SPONSORED]

How E-Signatures Enable Remote Account Openings [SPONSORED]

by July 2, 2015 at 1:00 am 0 comments

Today, banks, credit unions and other financial services providers need to be where the customer is – online and on mobile devices. In this white paper, we explore how e-signatures make it easier for consumers to open accounts remotely on tablets and smartphones, while also strengthening compliance. Highlights include: RemoteRead More

June Recap: Payments Industry Happenings 07/02/15

by July 1, 2015 at 8:09 pm 0 comments

The Payments Industry was full of change in June and continues to be an exciting and dynamic environment. Below is an executive summary of what we saw in the Payments…

What Banks Need Today: Data to Support Decision-Making in their Branches

by July 1, 2015 at 3:37 pm 0 comments

Financial services industry experts will continue to debate whether branches will exist in the future, how many there might be, or what shape or size they may take. However, financial institutions need to address the challenges of their distributed and often diverse branch environments today. To make good decisions aboutRead More

3 Startups to Watch: Everledger, ByeBuy, B-Secur

3 Startups to Watch: Everledger, ByeBuy, B-Secur

by July 1, 2015 at 10:57 am 0 comments

In a new feature, we look at three startups — from the multitudes of fintech ventures being launched these days — that stick out. For any number of reasons. The three below touch on security and fraud prevention (ever a hot area in financial services) and leasing (not ever a hotRead More

The Local Currency use case for Bitcoin

by July 1, 2015 at 1:33 am 2 comments

Bitcoin needs a compelling use case. So far Bitcoin looks like a solution looking for a problem. The big problem is lack of aligned motivation between merchants and consumers. Merchants want lower fees – of course – but consumers don’t care what the merchants want. Local Currencies align these interests. Both merchants and consumers want…Read more The Local Currency use case for Bitcoin

Facebook P2P Payments Go Nationwide

Facebook P2P Payments Go Nationwide

by June 30, 2015 at 3:59 pm 1 comment

A little more than three months after its debut, Facebook Messenger‘s peer-to-peer payments service has gone nationwide. The news was announced today by David Marcus, Messenger’s vice president. Messenger payments is a debit card-only payments service. Facebook had been slowly rolling out the service since last March. Last month, Facebook saidRead More

As Financial Services Splinters, Banks and Fintech Need More Standards

As Financial Services Splinters, Banks and Fintech Need More Standards

by June 30, 2015 at 1:59 pm 0 comments

  The splintering of financial services is no longer something that might happen or will happen – this has happened, and seems to be fairly well accepted.  “There’s an app for that” can be said for almost every major (profitable) sliver of the financial services portfolio of business. I won’t inundate you with examples, but […]

Citibank Chooses a Well-Worn Hashtag for Its Latest Mobile App Marketing

Citibank Chooses a Well-Worn Hashtag for Its Latest Mobile App Marketing

by June 30, 2015 at 12:15 pm 0 comments

Which is better for marketing: an original hashtag or one that is well-used? Well, Citibank has chosen a hashtag — #wellplayed — that was already in circulation for its most recent, summer-infused marketing effort, which began this month to promote its mobile banking. Here’s the bank’s latest #wellplayed tweet: Summer’s heatingRead More