Security

‘Secret’ Bitcoin Meeting in Montreal [VIDEO]

by September 2, 2015 at 2:45 pm 0 comments

A “secret” meeting will take place in Montreal soon to hash out bitcoin protocol issues, like expanding the blockchain size. It’s such a secret meeting, that Sinny Singh, the chief commercial officer of Bitpay, touts it in the video below, which also includes other bitcoin insider “secrets.”

Coin 2.0 Lacking [VIDEO]

Coin 2.0 Lacking [VIDEO]

by August 28, 2015 at 10:39 am 0 comments

Coin, the card aggregation device, introduced its version 2.0 device with NFC capabilities a couple of days ago, and it is, well, lacking. Below is a demo of the device. Coin 2.0 reportedly started shipping on August 26 “to all backers.” The company originally said it would start 2.0 shipments last April. The upgradeRead More

Citi’s Andres Wolberg-Stok Joins Bank Innovation Israel Speakers

Citi’s Andres Wolberg-Stok Joins Bank Innovation Israel Speakers

by August 25, 2015 at 12:06 pm 0 comments

Andres Wolberg-Stok, global head of emerging platforms and services for consumer banking at Citigroup, will present on mobile device security at Bank Innovation Israel in Tel Aviv this November. Andres joined Citi in 2000 and leads the team responsible for innovation in digital platforms and advanced customer features.

Bank Innovation Inks Partnership With LeumiTech for Israel Event

Bank Innovation Inks Partnership With LeumiTech for Israel Event

by August 20, 2015 at 12:23 pm 0 comments

Bank Innovation today formed a wide-ranging partnership with LeumiTech, the high-tech services unit of Israel-based Bank Leumi, for its upcoming Bank Innovation Israel. Bank Leumi is Israel’s second-largest bank by assets.

Top 20 Finance Apps: Robinhood Hits the Mark

Top 20 Finance Apps: Robinhood Hits the Mark

by August 20, 2015 at 11:30 am 1 comment

Robinhood, a startup promising free stock trades, made a strong showing in rankings for Google Play store finance apps, coming in at No. 7, putting it ahead of Google Wallet, Venmo, Citibank, and US Bank. Based in Palo Alto, Calif., Robinhood has $66 million in funding and is commonly citedRead More

MasterCard Paints Sunny Picture of EMV Liability Shift

MasterCard Paints Sunny Picture of EMV Liability Shift

by August 19, 2015 at 1:39 pm 0 comments

As the EMV liability shift approaches, the pressure is on both retailers and banks. Retailers need to upgrade their point-of-sale equipment, while banks need to get chip cards in the hands of customers. Chip card technology and the encryption that protects its transactions, will be the foundation of all future payments, accordingRead More

Unicorn-Hunting in Israel

Unicorn-Hunting in Israel

by August 19, 2015 at 9:27 am 0 comments

When will the first fintech unicorn rear its head in Israel?

SunGard Acquisition Makes FIS the Beast of Fintech

SunGard Acquisition Makes FIS the Beast of Fintech

by August 12, 2015 at 10:43 am 0 comments

Meet the new King of the Fintech Hill: FIS. Today, FIS effectively became the largest financial services technology company in the world by revenue, as it agreed to acquire SunGard for $9.1 billion. Just consider these stats for the new FIS: $9.2 billion of pro forma revenue (FY 2014); 90%Read More

CFPB Issues Payment Principles

CFPB Issues Payment Principles

by August 11, 2015 at 7:00 am 0 comments

As the payments industry looks to speed up and secure payments, the Consumer Financial Protection Bureau (CFPB) advocated for the development of faster and safer consumer payment capabilities in both new and existing payment systems.

Better Support, Not Better Tech, Confounds Banks

Better Support, Not Better Tech, Confounds Banks

by August 7, 2015 at 12:44 pm 1 comment

How can banks give their customers the “Simple” experience? That clean design, contextual messaging, safe-to-spend alerts — isn’t this a massive technological challenge for supposedly backward banks? Not according to Wade Arnold, managing director at Jack Henry & Associates. Arnold praised Simple’s design and functionality, while noting the account wasRead More

DEMOvation Challenge Israel Kicks Off

DEMOvation Challenge Israel Kicks Off

by August 5, 2015 at 8:47 am 0 comments

Israel might have one of the hottest startup scenes in the world, but which fintech startup in Israel is the hottest? The DEMOvation Challenge, which officially opens today, will find the answer to that question. The DEMOvation Challenge invites fintech startups to submit entries to win a complimentary demo slot at Bank Innovation Israel 2015, Nov. 10-11 in Tel Aviv.

Digital Customers at BBVA Hit 30% of Total

Digital Customers at BBVA Hit 30% of Total

by August 3, 2015 at 11:11 am 0 comments

BBVA is continuing its march to digitalization. The Spanish bank, among the world’s most aggressive in pursuing a digital strategy, now counts 30% — or 13.5 million — of its active customers as digital consumers, BBVA revealed Friday. Carlos Torres, chief operating officer and president, told investors that BBVA’s “exponentialRead More