Articles by: JJ Hornblass

Consumers Who Make Daily Mobile Payments Quadruples in 2 Years

Consumers Who Make Daily Mobile Payments Quadruples in 2 Years

by October 30, 2014 at 10:23 am 0 comments

The percentage of the consumers who make daily mobile payments has quadrupled since 2012, according to new data. According to the Accenture data, 4% of the world’s consumers are currently making daily mobile payments. In 2012, but 1% of consumers did so.

BofA Scores 150K Sign Ups for Apple Pay ‘in First 24 Hours’ [VIDEO]

by October 29, 2014 at 1:15 pm 0 comments

The number of Apple Pay sign ups have been “staggering,” Bank of America CEO Brian Moynihan says.

Facebook Payments Earnings Weak as Zuck Downplays Payments Potential

Facebook Payments Earnings Weak as Zuck Downplays Payments Potential

by October 29, 2014 at 10:40 am 1 comment

No one will ever call Facebook a payments company. The social media giant today posted its third quarter earnings, and its payments results were weak. The company generated $246 million of payments revenue last quarter, up from $234 million last quarter and $218 million in the third quarter of 2013.Read More

Fintech Sandbox Scores a Crucial ‘Lead Sponsor’: Silicon Valley Bank

Fintech Sandbox Scores a Crucial ‘Lead Sponsor’: Silicon Valley Bank

by October 27, 2014 at 11:28 am 1 comment

Fintech Sandbox, a newly launched non-profit looking to cultivate financial services startups, has quietly scored a crucial sponsor: Silicon Valley Bank.

Amid Apple Pay Hubbub, Google Wallet Scores New Partner

Amid Apple Pay Hubbub, Google Wallet Scores New Partner

by October 20, 2014 at 9:40 am 1 comment

In case you forgot, Google still offers a mobile wallet, and it is still closing partnership deals.

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 2 comments

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

PayPal Spin Off Is All About Apple Pay

PayPal Spin Off Is All About Apple Pay

by September 30, 2014 at 10:33 am 7 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

MasterCard Takes Leveraging iPhone 6 Hype to a Whole Other Level

by September 19, 2014 at 11:35 am 1 comment

Long lines were forming outside AT&T shops long before dawn this morning — and least in Manhattan — in what can only be described as a consumer frenzy. But all the hype surrounding the iPhone 6/6 Plus launch today was leveraged to a whole other level today by MasterCard, anRead More

Stripe Said to Be Headed for IPO or Acquisition

Stripe Said to Be Headed for IPO or Acquisition

by September 17, 2014 at 2:37 pm 0 comments

Stripe, a payments company for developers, “is widely regarded as a potential initial public offering candidate or acquisition target down the road.”

Never Mind Apple’s Stance, Data Remains a Core Payments Pursuit

Never Mind Apple’s Stance, Data Remains a Core Payments Pursuit

by September 16, 2014 at 10:26 am 2 comments

For Apple, privacy means not even securing data, but abstinence from it. What about the rest of the fintech world?