Articles by: JJ Hornblass

Fiserv, LexisNexis in App Hookup

Fiserv, LexisNexis in App Hookup

by November 13, 2014 at 11:21 am 0 comments

Fiserv and LexisNexis, two big brands in financial technology, now have apps that are integrated. Greylock Federal Credit Union, the former credit union of General Electric, built the LexisNexis-Fiserv tie in using Fiserv’s DNAappstore, which fields such integration efforts. Specifically, the Greylock-built app, introduced this fall, allows demographic data from DNARead More

Alipay Pitches PayPal on JV

Alipay Pitches PayPal on JV

by November 11, 2014 at 11:47 am 0 comments

When China’s largest payments processor makes partnership overtures, they deserve notice. That’s what happened today, when Alipay, which has about 700 million registered accounts, said it wants to partner with PayPal, in addition to its ongoing talks with Apple to join Apple Pay.

Silence Speaks Volumes on Future of Facebook Messenger Payments

Silence Speaks Volumes on Future of Facebook Messenger Payments

by November 11, 2014 at 10:55 am 0 comments

Facebook Messenger passed a major milestone. That would not be the introduction of payments.

The Underappreciated Banking Conversation

The Underappreciated Banking Conversation

by November 7, 2014 at 10:01 am 0 comments

Is every banking conference truly blah, blah, blah boring?

Bank of America Adds 3 Telcos, Including Sprint, to Text Banking

Bank of America Adds 3 Telcos, Including Sprint, to Text Banking

by November 5, 2014 at 9:54 am 0 comments

Bank of America Corp. has quietly expanded its text banking service — yes, text banking service — to “support” at least three more telcos. Those telcos are Sprint, Boost, and Cincinnati Bell. BofA also added MetroPCS, which is a T-Mobile brand.

The Vastly Different Payments Worldview of Millennials, Explained [INFOGRAPHIC]

The Vastly Different Payments Worldview of Millennials, Explained [INFOGRAPHIC]

by November 3, 2014 at 9:54 am 0 comments

Just how differently do millennials view payments than previous generations? This infographic [ht Sam Maule] defines the differences, and they are vast. For example: 50% of millennials want mobile payments to speed up transactions. Gen X: 31%. 52% of millennials want mobile payments to keep better track of purchases. GenRead More

Here’s What a Cashless Society Looks Like [VIDEO]

by November 3, 2014 at 9:45 am 0 comments

Want to know what a cashless society might look like? Check our Sweden, where cash is used in but 41% of transactions, compared to 55% in the United States — an appropriate preview to Money2020, which starts today in Las Vegas.

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 0 comments

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