Retail

MasterCard Launches New Hackathon Series for Developers

MasterCard Launches New Hackathon Series for Developers

by December 22, 2014 at 12:08 pm 0 comments

MasterCard announced a new series of 10 hackathons spanning the globe today. The series will focus on developers and be called MasterCard Masters of Code. You might be forgiven for thinking this was a new announcement for an old event. MasterCard has sponsored a number of FinTech events already in 2014,Read More

Apple Pay Dominates Our Top 25 Posts of the Year

Apple Pay Dominates Our Top 25 Posts of the Year

by December 22, 2014 at 11:16 am 0 comments

Forget the Year of the Horse (apologies to our Chinese readers), but for the banking innovation industry, 2014 was the Year of the Apple Pay. Indeed, Apple Pay changed the financial services landscape this year, and especially on the retail, changing perceptions of how products should launch, how mobile paymentsRead More

LendingTree’s Lebda, USB’s Badarinath to Do Fireside Chats at BI ’15

LendingTree’s Lebda, USB’s Badarinath to Do Fireside Chats at BI ’15

by December 19, 2014 at 11:27 am 0 comments

Two of the banking innovation industry’s most dynamic — and experienced — executives will participate in fireside chats at Bank Innovation 2015, the annual gathering of banking innovation professionals for in-depth discussions on the future of financial services.

Apple Pay Ads Start Proliferating [VIDEO]

Apple Pay Ads Start Proliferating [VIDEO]

by December 18, 2014 at 10:54 am 1 comment

And then there were three. Bank of America has joined JPMorgan and Wells Fargo & Co. in releasing an Apple Pay ad. Some industry experts have described the discounted rate banks gave to Apple as a marketing expense, and many banks have indeed touted their Apple Pay connection. But soRead More

Mint Finally Adds Bill Pay — in a Separate App

Mint Finally Adds Bill Pay — in a Separate App

by December 17, 2014 at 4:09 pm 0 comments

Mint announced yesterday that its app had been updated and that it had added bill pay. In a separate app. You may recognize the new app, called Mint Bills, because it is better known as Check, formerly PageOnce. Intuit, which bought Mint for $170 million in 2009, bought Check forRead More

GoBank Removes Starter Kit Requirement

GoBank Removes Starter Kit Requirement

by December 17, 2014 at 10:14 am 3 comments

GoBank is removing some friction from its onboarding process.

US Bank to Add Swipe-for-Balance, Beacon Support in 2015

US Bank to Add Swipe-for-Balance, Beacon Support in 2015

by December 16, 2014 at 11:42 am 1 comment

Major changes are in store for US Bank’s mobile app in 2015. Niti Badarinath, senior vice president and head of mobile banking and payments, told Bank Innovation Monday that the bank would continue to push the envelope in imaging, as well as invest in beacon technology to personalize the banking experience.Read More

Financial Education Site Phroogal to Launch 1.0 Version This Month

Financial Education Site Phroogal to Launch 1.0 Version This Month

by December 15, 2014 at 10:55 am 1 comment

The financial education portal Phroogal has spent the last year in beta and will launch in late 2014, co-founder Jason Vitug told Bank Innovation this weekend. Phroogal, a New Jersey-based social platform for millennials to share financial questions and answers, now counts more than 10,000 registered users and has 14,000 answers posted — all with zero marketing outlay.

Who is Operation Choke Point Really Choking?

Who is Operation Choke Point Really Choking?

by December 12, 2014 at 1:18 pm 1 comment

Operation Choke Point is a coordinated effort by the Department of Justice (DOJ) in conjunction with the Federal Trade Commission (FTC) and the Federal Deposit Insurance Corporation (FDIC) to hold financial institutions and their payment processor partners responsible for allegedly illegal acts committed by merchants and other third-party payees.

DEMOvation Challenge Kicks Off, Offers Free Demo Slots to Startups

DEMOvation Challenge Kicks Off, Offers Free Demo Slots to Startups

by December 12, 2014 at 10:07 am 1 comment

The DEMOvation Challenge is Back. After a successful launch in 2014, Bank Innovation 2015, on March 2-3 in Seattle will once again host an exclusive DEMOvation session. The DEMOvation session will kick-off Day Two of the conference, which brings together FinTech mavens with innovative bankers for a series of in-depth discussions.

Parlez-vous LendingClub?

Parlez-vous LendingClub?

by December 11, 2014 at 11:51 am 0 comments

LendingClub’s IPO, which was trading 65% higher than its IPO price today, is big news here in the United States. But the peer-to-peer credit company might be more notable news in France. As has been well-documented, LendingClub’s founder, Renaud Laplanche, is French. He appears to have more notable status there, although he livesRead More