Dwolla and BBVA Compass’ recent announcement of a partnership to bring realtime payments to BBVA customers brings Dwolla’s new role into sharp relief, which is that Dwolla is not a P2P company, it is a B2B company.
A new study on brand simplicity has ranked “financial disruptors” higher — as in simpler — than traditional banks.
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.
The so-called payments war between MCX/CurrentC and Apple Pay is reaching a fever pitch — but one of the fighters hasn’t even shown up on the field, yet.
Ripple Labs has been making waves in the money movement sector, lately, and the company has ambitions that extend even beyond the world of currency. Last month it announced three new bank partners and now a London -based startup called Ripula has built a gateway to Ripple’s platform, the first in the U.K..
Fintech Sandbox, a newly launched non-profit looking to cultivate financial services startups, has quietly scored a crucial sponsor: Silicon Valley Bank.
Midsize banks are losing money on Apple Pay transactions, and the marketing value of their “partnership” with Apple is questionable, says Doug Brown, who leads the mobile strategy and product team at FIS. They will still participate, however, because they have to.
Apple Pay is a marketing expense for banks, says an industry expert.
Bank Innovation has learned new details on a forthcoming Apple Pay loyalty program.
Megabanks—with their larger technology budgets and access to more resources—can afford to offer a lot of different products and services to a lot of different markets. Community banks simply can’t afford to spread themselves too thin.
Capital One founder and CEO RIchard Fairbank got passionate about digital in the bank’s earnings call yesterday