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
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, 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
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
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
Five startups today have won the 2015 DEMOvation Challenge, a competition that is a component of Bank Innovation 2015.
FT technology reporter Sally Davies explains how the “blockchain” technology behind bitcoin works.
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
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
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
This slideshow from ING data analytics specialist Natalino Buso lays out how to build a better banking app using APIs and data.