Articles by: JJ Hornblass

Who’s Who in Voice-Assisted Banking [VIDEO]

Who’s Who in Voice-Assisted Banking [VIDEO]

by April 17, 2015 at 10:45 am 1 comment

With the uproar this week over Siri’s seemingly homophobic responses to Russian queries about gays (Question: “Are there any gay bars around me?”; Answer: “You are so rude!”) and Apple’s refusal to comment about them, we decided to take a look at one of the more compelling areas of fintech: voice-assisted banking.Read More

Bank of America’s Mobile Deposit Volume Booms

Bank of America’s Mobile Deposit Volume Booms

by April 16, 2015 at 10:53 am 1 comment

Bank of America might be lagging some of its competitors in mobile banking user growth, but the bank is increasing its remote deposit business at an enviable rate. The bank said yesterday that 13% of its deposits last quarter — or roughly $4.5 billion of a total $34.2 billion of newRead More

American Express Starts Paying Consumers to Use Apple Pay

American Express Starts Paying Consumers to Use Apple Pay

by April 15, 2015 at 11:25 am 1 comment

American Express has started paying its cardholders to use Apple Pay. Yes, you read that right. Yesterday, Amex started promoting an offer that pays its cardholders in Chicago $5 to use Apple Pay at “participating concessions” at the United Center. Cardholders need to make at least $5 of purchases with Apple PayRead More

Mobile User Growth Eases at Bellwether Banks

Mobile User Growth Eases at Bellwether Banks

by April 15, 2015 at 9:45 am 1 comment

Mobile banking ain’t growing like it used to. A deep look mobile banking at the Big 3 banks — Bank of America, Wells Fargo & Co. and JPMorgan Chase & Co. — finds user growth easing. The banks had a total of 51.8 million mobile banking users at the end ofRead More

This Israeli Startup Just Leapfrogged Everyone with Apple Watch Payments

This Israeli Startup Just Leapfrogged Everyone with Apple Watch Payments

by April 14, 2015 at 11:53 am 2 comments

24me, an elegant “personal organizer” app built in Israel, has quietly figured out how to facilitate payments via Apple Watch. Before Apple Watch is even in consumers’ hands. The 24me Apple Watch app allows users to tap a pay feature when reviewing tasks on the Apple Watch. The Apple Watch appRead More

Navy FCU Ups Ante in the Bank-Credit Union Battle With ‘Join Now’ Mobile Feature

Navy FCU Ups Ante in the Bank-Credit Union Battle With ‘Join Now’ Mobile Feature

by April 13, 2015 at 10:56 am 1 comment

To say that banks and credit unions are in a long-term war over customers is to say Alex Rodriguez did steroids. That pitched battle just took a new turn with Navy Federal Credit Union‘s newly released version of its mobile banking application. Buried in Navy’s new iOS release last Thursday was aRead More

Average Pay for Fintech Software Engineers Tops $100k

Average Pay for Fintech Software Engineers Tops $100k

by April 9, 2015 at 9:56 am 1 comment

The average salary for a fintech software engineer is now more than $100,000, according to a Bank Innovation analysis. The exact average salary for a software engineer — a bread-and-butter position for a technology startup — is $100,188. With all the talk of an “overheating” fintech venture capital market, keeping an eyeRead More

TransUnion’s Database on Consumers Grows 25% — Every Year

TransUnion’s Database on Consumers Grows 25% — Every Year

by April 6, 2015 at 6:45 am 1 comment

Do you know what a petabyte is? Well, TransUnion — which filed for an IPO last week — has 30 of them, and that number has been growing 25% every year since 2010. Those 30 petabytes (1 million gigabytes, for those of you who are not “Big Bang Theory” cast members)Read More

Amazon Gets Jump on Payments for ‘Internet of Things’ With Dash [VIDEO]

Amazon Gets Jump on Payments for ‘Internet of Things’ With Dash [VIDEO]

by March 31, 2015 at 3:25 pm 0 comments

Payments through the Internet of Things is here. Amazon today introduced Amazon Dash, which allows consumers to reorder household staples with the click of a “Dash Button,” which would be affixed on the device. Think of ordering more coffee by clicking a Dash Button literally adhered to your coffeemaker. The deviceRead More

Citi Goes All In on Bitcoin

Citi Goes All In on Bitcoin

by March 31, 2015 at 10:54 am 5 comments

When Citi Ventures launched its accelerator with Plug and Play, the San Francisco build-an-accelerator outfit, last December, the Citigroup investment arm said it was doing so “to [accelerate] emerging technologies that have the potential to transform financial services experiences for Citi’s customers.” Those “emerging technologies,” however, appear to be skewingRead More

First Look at Misys’s Apple Watch App [VIDEO]

First Look at Misys’s Apple Watch App [VIDEO]

by March 31, 2015 at 10:48 am 2 comments

Yes, Citibank, Fidelity, Desjardins, Scotiabank’s Tangerine unit, and even Mint have launched Apple Watch apps. But Misys is the only third-party technology vendor to put out a Watch app so far. The app, which was reported by Finextra a couple weeks ago, has largely remained unseen. Until now. The tech vendorRead More