Security

Fastacash Deal Will Let Visa Power Payments on Facebook

Fastacash Deal Will Let Visa Power Payments on Facebook

by February 27, 2015 at 10:35 am 1 comment

It seems Visa will soon make it very easy to pay people on Facebook. Earlier this week Visa Europe announced a partnership with Singapore-based Fastacash, a social payments service. Most of the announcement focused on the rebranding of Visa Europe’s peer-to-peer payment service from Visa Personal Payments to Visa Direct,Read More

Big Banks Coming to NYC Next Week to Flesh Out Faster Payments

Big Banks Coming to NYC Next Week to Flesh Out Faster Payments

by February 19, 2015 at 4:50 pm 0 comments

Representatives of the 24 banks that collectively own The Clearing House Payments Co., the oldest banking and payments association in the United States, will meet in New York next week to discuss faster payments, according to a representative of one of the member banks. The meeting next week, which isRead More

Robocoin Will Offer Bitcoin and Remittance Services to All ATMs

Robocoin Will Offer Bitcoin and Remittance Services to All ATMs

by February 13, 2015 at 11:52 am 0 comments

Robocoin, known for opening the world’s first bitcoin ATM in Vancouver, Canada, in October 2013, told investors yesterday that it has launched a public bitcoin wallet and will offer a software development kit that adds Robocoin’s functionality to traditional ATMs. The company has diversified its offerings since it started as a hardwareRead More

Here’s What Google’s Doing to Counter Apple Pay

Here’s What Google’s Doing to Counter Apple Pay

by February 12, 2015 at 10:49 am 1 comment

In order to compete with Apple Pay, it appears that Google is going back to an idea that didn’t work for Square: allowing consumers to pay while leaving their phone in their pocket. According to The Information, the new system, currently being tested, is called Plaso (pronounced “Play-So”) and uses Bluetooth to authenticate aRead More

6 Demos of Biometric Verification Tools

by February 11, 2015 at 11:46 am 0 comments

Biometric ID verification seems to be approaching a tipping point. That is not just because Digital Insight made public today that it has adopted EyeVerify’s Eyeprint ID v2.0 for its mobile banking platform. It just seems that biometric ID verification and security seems to be the hot thing. USAA’s mostRead More

5 Startups Win the 2015 DEMOvation Challenge

5 Startups Win the 2015 DEMOvation Challenge

by February 6, 2015 at 10:51 am 1 comment

Five startups today have won the 2015 DEMOvation Challenge, a competition that is a component of Bank Innovation 2015.

Blockchain Basics [VIDEO]

by February 5, 2015 at 9:24 am 2 comments

FT technology reporter Sally Davies explains how the “blockchain” technology behind bitcoin works.

MasterCard’s Tokenization Means One Thing: Apple Is Calling the Shots

MasterCard’s Tokenization Means One Thing: Apple Is Calling the Shots

by February 3, 2015 at 12:01 pm 1 comment

MasterCard Inc. has announced that it will include tokenization in its MasterPass digital wallet. And that means one thing: Apple has rocked the payments world. It is Apple Pay, launched just last October, that is perpetuating tokenization, and MasterCard — the payments behemoth — has noticed. Ajay Banga, MC’s CEO, said thisRead More

Forex Startup KlickEx to Launch in India

Forex Startup KlickEx to Launch in India

by February 2, 2015 at 1:38 pm 0 comments

KlickEx is headed to one of the world’s largest markets. The currency exchange service KlickEx, which won SWIFT’s Innotribe Startup Challenge in Sept. 2013, has increased its market penetration in the South Pacific, and is looking to enter a number of major new markets in 2015, said UK-based CEO RobertRead More

Wells Fargo Leaks Its Ambitious Mobile Skunk Works

Wells Fargo Leaks Its Ambitious Mobile Skunk Works

by January 15, 2015 at 10:18 am 1 comment

What’s next from Wells Fargo & Co.’s mobile channel? Here are the internal projects Wells is investing in now, courtesy of none other than John Shewsberry, the megabank’s chief financial officer: Wells is building an appointment application that will allow its customers to set up meetings with Wells bankers usingRead More

How to Build a Better Bank App [SLIDESHOW]

by January 15, 2015 at 10:10 am 3 comments

This slideshow from ING data analytics specialist Natalino Buso lays out how to build a better banking app using APIs and data.