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