Is the intensity of banking innovation really heating up?
A recent report from Mitek and RemoteDepositCapture.com found that 80% of banks experienced no losses from remote deposite capture. But fears over remote deposit capture remain among consumers
The ABA’s Frank Keating argues that banks deserve “balanced, nuanced” regulatory compliance that does not upend their economic prospects, particularly for smaller community banks. But that argument rings hollow.
If you’ve been waiting for news regarding Coin Card, then you’ve got a longer wait than expected. Coin launched with HUGE fanfare in November of 2013, promising to revolutionize your credit card by allowing you to combine up to 6 cards in one bluetooth enabled device. Launched on the same day as the revamped Google Wallet, Coin Card stole the show for a few months as news about the product gained momentum.
Ribbit Capital filed an amendment to increase the target amount for its new fund to $125 million.
What’s the message behind the major two major updates of fintech apps this week? Belly and Level Money, two upstart fintech apps, released major upgrades this week — Belly yesterday and Level Money on Wednesday. Belly, a rewards app, added a feature called Belly Bites, where users can redeem freeRead More
GoBank customers are now on a longer leash. The notoriously conservative neobank operated by prepaid pioneer Green Dot Corp. has eased up on its policy of holding mobile check deposits for as long as 10 days.
It seems ACH is too slow even for some bankers. Payments in the US lag behind much of the world and many Americans inside and outside of the financial services community would like to move their money more quickly. The Federal Reserve agrees, and convened a roundtable that determined theRead More
Venmo will add a new “Pay With Venmo” service, sources tell Bank Innovation.
While there seems to be a new fintech startup every day, some of the industry’s expert have been studying and analyzing the market for years now. Which means their opinions matter. Here are eight ideas for fintech startups that leverage that knowledge.
The tech startup industry has a number of hot industries — the Internet of Things marketplace is wide open, biotechnology still remains underrepresented, etc. Critics, like Annie Lowrey, are saying that the number of startups is actually shrinking.