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
There’s no secret how challenging it is to make money off of low-balance, “free-checking” customers. (Just ask M&T.) But Social Money‘s president, Scott McCormack, thinks he has a pretty good solution under his roof, and soon he’ll have the clients to prove it. One client is slated to sign ontoRead More
Minneapolis-based U.S. Bank has a brand-new spot highlighting the bank’s person-to-person payment functionality in its mobile app.
More than 280 companies entered the Innotribe Startup Challenge but just two emerged triumphant: the money movement service Epiphyte, and Matchmove, which offers virtual credit cards.
To explain the remarkable technology innovation coming out of Israel, one Israeli entrepreneur once said that in the tiny nation, “there’s zero tolerance for work-arounds.,” This is the kind of attitude we are looking forward to seeing aimed squarely at fintech. Indeed, on Oct. 22-23, Leumi, one of Israel’s largestRead More
The second and final day of Finovate Fall 2014 saw several strong presentations on the stage. There was were no drones, costumes or grunting, on Day 2 as there were in Day 1, but overall the demos were stronger, especially early in the day.
Finovate Fall 2014 is halfway over and if you were one of the nearly 1,500 attendees packed into New York’s Hilton Midtown, you saw two costumed superheroes on stage grunting as they apparently tried to open an account on a mobile device.
Thee were also 34 other demos.
Lost in the flurry of Apple Pay news was Visa’s roll out of contactless payments across London’s entire transit system.
MasterCard launched a pilot beta program to test out voice and facial biometrics.