Retail

Square, Venmo ‘Simpler’ Than Banks

Square, Venmo ‘Simpler’ Than Banks

by October 30, 2014 at 11:20 am 1 comment

A new study on brand simplicity has ranked “financial disruptors” higher — as in simpler — than traditional banks.

Consumers Who Make Daily Mobile Payments Quadruples in 2 Years

Consumers Who Make Daily Mobile Payments Quadruples in 2 Years

by October 30, 2014 at 10:23 am 0 comments

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.

BofA Scores 150K Sign Ups for Apple Pay ‘in First 24 Hours’ [VIDEO]

by October 29, 2014 at 1:15 pm 0 comments

The number of Apple Pay sign ups have been “staggering,” Bank of America CEO Brian Moynihan says.

Facebook Payments Earnings Weak as Zuck Downplays Payments Potential

Facebook Payments Earnings Weak as Zuck Downplays Payments Potential

by October 29, 2014 at 10:40 am 1 comment

No one will ever call Facebook a payments company. The social media giant today posted its third quarter earnings, and its payments results were weak. The company generated $246 million of payments revenue last quarter, up from $234 million last quarter and $218 million in the third quarter of 2013.Read More

Fintech Sandbox Scores a Crucial ‘Lead Sponsor’: Silicon Valley Bank

Fintech Sandbox Scores a Crucial ‘Lead Sponsor’: Silicon Valley Bank

by October 27, 2014 at 11:28 am 1 comment

Fintech Sandbox, a newly launched non-profit looking to cultivate financial services startups, has quietly scored a crucial sponsor: Silicon Valley Bank.

VIDEO: Capital One Shows Samuel L. Jackson’s Bloopers

by October 24, 2014 at 11:56 am 0 comments

In yet another sign Capital One is lightening up its marketing campaign featuring actor Samuel L. Jackson, the bank released a blooper reel of the current set of ads this week. Last year, the group One Million Moms organized a campaign to protest Jackson’s use of the word “damn” in an ad. Some people have too much free time. Capital One edited the ad, but maintained the ads were meant to communicate with customers in a “direct and humorous” way.

Apple Pay is a Losing Proposition for Midsize Banks

Apple Pay is a Losing Proposition for Midsize Banks

by October 23, 2014 at 11:26 am 2 comments

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

Apple Pay Is a Marketing Expense for Banks

by October 22, 2014 at 11:52 am 1 comment

Apple Pay is a marketing expense for banks, says an industry expert.

Amid Apple Pay Hubbub, Google Wallet Scores New Partner

Amid Apple Pay Hubbub, Google Wallet Scores New Partner

by October 20, 2014 at 9:40 am 1 comment

In case you forgot, Google still offers a mobile wallet, and it is still closing partnership deals.

Walmart Starts Offering GoBank’s Checking Product

Walmart Starts Offering GoBank’s Checking Product

by October 20, 2014 at 9:16 am 1 comment

GoBank, the mobile-first bank from Green Dot Corp., is now being rolled out across Walmart’s network of more than 4,000 stores. Pictured below areĀ GoBank checkingĀ cards on the rack of prepaid cards located next to Walmart’s financial center, where customers can cash checks and pay bills, at a Walmart location inRead More

Why Ebola might kill cash

by October 17, 2014 at 12:02 pm 0 comments

The Fear Factor on Ebola is over the top right now. We are spending countless hours in the media analyzing footage of health workers, figuring out how a nurse in Texas contracted the disease despite strict quarantine procedures, and debating over whether to travel on aircraft. In all of thisRead More