Latest News

Yodlee Poised to Go Public Within Week

by October 1, 2014 at 10:54 pm 0 comments

Forget Alibaba, the Yodlee initial public offering is almost upon us. Yodlee will imminently price its IPO, sources say. The offering might come as earlier as tomorrow morning, we hear. At the latest, the IPO appears as though it will price by “mid next week.” Yodlee is planning to issue 6.25 millionRead More

Apple Pay to Be Included in iOS 8.1, Sources Confirm

Apple Pay to Be Included in iOS 8.1, Sources Confirm

by October 1, 2014 at 2:00 pm 75 comments

Bank Innovation has confirmed that Apple Pay will be attached to iOS 8.1, scheduled for an October 2014 release.

VIDEO: Bankers Spill On How They Can Defend Against Apple

VIDEO: Bankers Spill On How They Can Defend Against Apple

by October 1, 2014 at 11:49 am 1 comment

On the surface, Apple Pay should make bankers quake. Apple is not required to be a bank in order to offer banking services — which, let’s be honest, includes payments. So why aren’t bankers panicking? The video below, which features Mark Curran, payment technology services director at Lloyds Banking Group, andRead More

Recap of FinTech Week in New York

Recap of FinTech Week in New York

by September 30, 2014 at 7:09 pm 0 comments

Recap of FinTech Week in New York After spending two weeks meeting with bankers all across the Southeast United States on our Bank Innovators Road Show, all of that activity reached a crescendo with FinTech Week in New York last week. Monday September 22 Bank […]

The post Recap of FinTech Week in New York appeared first on JPNicols.com.

The Real Reason PayPal Isn’t an Apple Pay Preferred Partner

The Real Reason PayPal Isn’t an Apple Pay Preferred Partner

by September 30, 2014 at 3:19 pm 140 comments

UPDATE (10/1/14, 1:41 PM ET) Earlier this month, before Apple Pay came out, Bank Innovation wrote that Apple and PayPal had been involved in talks for … something. We’ve finally tracked down the full story. Sources close to Apple and PayPal and in the financial services industry have confirmed thatRead More

Here’s Who Almost Got the PayPal Job

Here’s Who Almost Got the PayPal Job

by September 30, 2014 at 10:43 am 4 comments

Like a failed long distance relationship, eBay and PayPal are officially breaking up. But the real story story is even juicer than that.

PayPal Spin Off Is All About Apple Pay

PayPal Spin Off Is All About Apple Pay

by September 30, 2014 at 10:33 am 3 comments

It is no coincidence that three weeks to the day after Apple Pay‘s introduction eBay Inc “chose” to spin off PayPal. In announcing today that it will IPO PayPal in late 2015, eBay effectively acknowledged that PayPal will find it far more difficult to score the double-digit rate of growth theRead More

What We Hope to See From the Leumi Hackathon

What We Hope to See From the Leumi Hackathon

by September 30, 2014 at 9:29 am 0 comments

To explain the remarkable technology innovation coming out of Israel, one Israeli entrepreneur once said that in the tiny nation, “there’s zero tolerance for work-arounds.,” This is the kind of attitude we are looking forward to seeing aimed squarely at fintech. Indeed, on Oct. 22-23, Leumi, one of Israel’s largestRead More

Free Checking Accounts Remain Elusive

Free Checking Accounts Remain Elusive

by September 29, 2014 at 12:34 pm 0 comments

Fees are on the rise across the retail banking sector, and customers on the hunt for “free checking” will have a difficult search ahead.

In Prep for IPO, Uber Makes Payments More Expensive for Its Drivers

In Prep for IPO, Uber Makes Payments More Expensive for Its Drivers

by September 29, 2014 at 10:51 am 1 comment

Uber has quietly been finding new ways to increase revenue — and its first target is payments.

The Inmates are Reforming the Asylum – Innotribe

by September 29, 2014 at 10:17 am 0 comments

Original Post: http://www.finextra.com/blogs/fullblog.aspx?blogid=10000