PFM

Say Hello to Our Spring 2016 Class of Startups

Say Hello to Our Spring 2016 Class of Startups

by April 28, 2016 at 11:00 am 0 comments

Bank Innovation INV, this blog’s fintech accelerator, is pleased to today to announce the six extraordinary startups that have been admitted to its inaugural class. The companies selected from applications received from startups around the world are: CrossCues Dyme GoldBean Hermetic Security Spare We Are Briqs The companies, chosen after aRead More

With Geezeo Partnership, Malauzai Adds PFM

With Geezeo Partnership, Malauzai Adds PFM

by April 12, 2016 at 12:54 pm 1 comment

Austin, Texas-based Malauzai‘s online and mobile platforms will now include personal financial management tools. This means that before you pay that bill with a snap of your smartphone camera, you can check what other bills are coming due this week, and how much this will cut into your planned tripRead More

Fintech’s Power Grab — in The New York Times

Fintech’s Power Grab — in The New York Times

by April 7, 2016 at 12:11 pm 0 comments

Ok, it’s safe to say fintech has hit the big time. The New York Times covered the subject — and the word — in depth yesterday, in a special section called “Fintech’s Power Grab.” The lead item, by Andrew Ross Sorkin of CNBC fame, focuses on the fintech challenge toRead More

Navy Federal Credit Union Joins Bank Innovation INV

Navy Federal Credit Union Joins Bank Innovation INV

by April 5, 2016 at 4:49 pm 1 comment

Bank Innovation INV today announces the addition of Navy Federal Credit Union as a member of Bank Innovation INV, the revolutionary fintech accelerator. INV, which was launched in January, is the first non-geographically specific fintech accelerator open to startups from anywhere in the world. Navy Federal joins Fiserv, Bank Innovation, U.S.Read More

It’s Getting GUI Out There

It’s Getting GUI Out There

by March 31, 2016 at 11:01 am 0 comments

All that GUI out there might just change fintech forever. Increasingly, developer-level applications are offering up their wares not as “only a math Ph.D can figure it out” interfaces, but with GUIs that even I can work with. A GUI, of course, is a graphical user interface, and having one meansRead More

Millennials’ Mobile Banking Usage Is Now Close to 70%

Millennials’ Mobile Banking Usage Is Now Close to 70%

by March 30, 2016 at 11:04 am 1 comment

For Gen Y, the rallying cry was, “I want my MTV.” For Millennials, the cry might as well be, “I want my mobile banking.” About 67% of Millennials now use mobile banking, according to a study released today by the Federal Reserve. This compares to 18% for those consumers aged 60Read More

Finicity Launches TxPUSH to Create Financial Data Aggregation Standard

Finicity Launches TxPUSH to Create Financial Data Aggregation Standard

by March 30, 2016 at 10:39 am 1 comment

Think of TxPUSH as the middleware of financial data. Finicity yesterday at FinDEVr here in New York launched TxPUSH to create a standard for financial data aggregation. Finicity, launched in 1999, is one of the main purveyors of financial data, along with Envestnet Yodlee. The TxPUSH initiative is part ofRead More

Yodlee Deal with Vanguard Exemplifies Move Toward Investment Sector

by March 29, 2016 at 11:54 am 3 comments

It seems the wind appears to be blowing toward the investment management sector at Envestment-owned firm Yodlee. Yodlee, a leading data aggregation and data analytics platform, took a step toward the investment sector today with the announcement of a strategic partnership with Vanguard, one of the largest investment management companies in the world. TheRead More

Meet the 15 Fintech Startups from Y-Combinator’s Latest Class

Meet the 15 Fintech Startups from Y-Combinator’s Latest Class

by March 24, 2016 at 2:40 pm 1 comment

Y Combinator’s Winter 2016 Demo Days just wrapped up, with 159 startups taking the stage and making their play for funding. Just under 10% of the companies — 15 to be exact — were fintech-related. This is about average for a YC incubator class, with the 26% from Summer 2015 being anRead More

Finally, a Bank Built for Fintech Startups (But It’s in Germany…)

Finally, a Bank Built for Fintech Startups (But It’s in Germany…)

by March 16, 2016 at 1:24 pm 2 comments

It’s a truth universally acknowledged that fintech startups need banks and the services — not to mention the regulatory protections — they offer. Berlin-based “fintech company builder” FinLeap has taken this to its logical conclusion by building a licensed bank for its startups to leverage. The result, called solarisBank, markets itself as aRead More

Emirates NBD, Open Bank Project to Hold Fintech Hackathon

Emirates NBD, Open Bank Project to Hold Fintech Hackathon

by March 15, 2016 at 2:04 pm 0 comments

Emirates NBD, one of the Middle East’s largest banking groups, is hosting a hackathon in partnership with Berlin-based Open Bank Project in London, the reported fintech capital of the world, April 15 to 17. The deadline for early applications is today, March 15. The final deadline for applications is April 1. TheRead More

Check Founder Launches Next Insurance to Insure Small Businesses

Check Founder Launches Next Insurance to Insure Small Businesses

by March 15, 2016 at 10:50 am 0 comments

It’s no secret insurance is difficult for consumers to understand, and small business insurance is even more complicated than personal insurance. The founders of Check (formerly Pageonce) announced today they are taking on this problem with a startup called Next Insurance. Pageonce launched in 2007 to help consumers keep track ofRead More