Articles by: JJ Hornblass

Mobile Banking Usage Continues to Climb, Fed Says

by March 26, 2015 at 11:25 am 1 comment

Mobile banking usage continues to advance in the US, with fully 39% of adults “with mobile phones and bank accounts” using mobile banking, up from 33%, the Federal Reserve reported today. This is the Fed’s fourth annual review of mobile banking in the nation. Here’s an excerpt from the report:Read More

Is Facebook Paying $0 for Payment Processing?

Is Facebook Paying $0 for Payment Processing?

by March 24, 2015 at 10:41 am 1 comment

One of the rumors circulating around Facebook’s new payments service is that the social media giant will not pay even 1 basis point to process payments. While this is just an unlikely rumor, the scuttlebutt is indicative. It shows that: a) Facebook may have negotiated hard with the payments networks; b) theRead More

Amex Gets Aced Out of Facebook’s New P2P Payments

Amex Gets Aced Out of Facebook’s New P2P Payments

by March 17, 2015 at 5:42 pm 0 comments

Member since … well, never. Facebook, which today unveiled its long-awaited peer-to-peer payments, notably has left out American Express — no doubt much to Visa and MasterCard’s delight. Facebook said today that its Messenger service will start allowing payments between Facebook “friends.” The P2P service is being rolled out slowly acrossRead More

Facebook Messenger Adds Payments [VIDEO]

by March 17, 2015 at 3:27 pm 0 comments

Facebook Messenger finally adds payments option. Here’s an initial video showcasing the feature. We will follow this up with further coverage.

Amex Restricts How Serve Cards Can Be Funded

Amex Restricts How Serve Cards Can Be Funded

by March 17, 2015 at 11:37 am 1 comment

American Express will limit the way its Serve customers can load money on to the “full-service” prepaid banking platform. Amex disclosed yesterday that it will no longer allow Serve customers to use non-American Express credit cards to load cash on to Serve, which is effectively an online banking service, muchRead More

Bank Innovation, Open Bank Project Form API Research Partnership

Bank Innovation, Open Bank Project Form API Research Partnership

by March 16, 2015 at 11:16 am 4 comments

Bank Innovation has teamed with the Open Bank Project to conduct a research initiative surrounding the use of APIs in banking. Specifically, Bank Innovation and the Open Bank Project will undertake a research survey to better understand how banks worldwide are prioritizing API initiatives and why. We intend for the query to uncoverRead More

Coolest Brands 2015: AppleThe Global Brand Cometh

Coolest Brands 2015: Apple

The Global Brand Cometh

by March 15, 2015 at 6:00 pm 2 comments

Perhaps you’ve heard of this thing called Apple Pay? Perhaps you will also recall that more than a few “experts” proclaimed NFC dead. Years ago. Yet, along comes Apple — bolstered by a little something called the iPhone — and completely turns the payments game upside down to the pointRead More

Coolest Brands 2015: FidorHang ‘em From the Yardarm!

Coolest Brands 2015: Fidor

Hang ‘em From the Yardarm!

by March 15, 2015 at 5:55 pm 1 comment

You know something is different when a bank, yes, a bank hosts its developer day events at the URL There is but one bank that does so: Fidor Bank of Germany. Fidor has quickly become the poster child for the anti-bank bank, especially now that Simple has been swallowedRead More

Coolest Brands 2015: The Meh List

Coolest Brands 2015: The Meh List

by March 15, 2015 at 10:08 am 0 comments

Standard Chartered Bank Amazon Payments Dwolla Mint Bitcoin Comerica Quick View promos Google MCX Coin Coolest Brands 2015 Home | Alphabetical List

Coolest Brands 2015: Ripple LabsGoing for It

Coolest Brands 2015: Ripple Labs

Going for It

by March 15, 2015 at 10:07 am 1 comment

It is easy to pigeonhole Ripple Labs. That’s that bitcoin company, right? The thing is, Ripple Labs is way beyond bitcoin, even beyond “cryptocurrency.” Rather, Ripple Labs is the leading purveyor of what it calls the “distributed ledger.” Put simply, a distributed ledger is a means for massive corporate banksRead More

Coolest Brands 2015: American ExpressBetter than Budweiser

Coolest Brands 2015: American Express

Better than Budweiser

by March 15, 2015 at 9:44 am 2 comments

After Apple launched its Apple Watch, it unveiled a TV ad that aimed to show just how cool it is. The ad, which hit airwaves in March 2015, flashed through the different features of the new product: email functionality, weather reports, notifications, etc. When it came to Passbook, the card-maintenanceRead More