Black Friday and its online sibling Cyber Monday are upon us again. The ads are everywhere and the preview circulars are available online. Just as you are creating your plan of attack for the wee hours of November 27th, you would be wise to consider the various payment options forRead More
Apple is doubling down on payments, but it may actually be about authentication. The Cupertino, Calif.-based tech giant is expected to launch a peer-to-peer money transfer service sometime in 2016, according to a report this week from the Wall Street Journal. Apple is no stranger to P2P — it filedRead More
Regulators’ hesitancy about blockchain may be a thing of the past. Scott Ellison, Senior Director, Corporate Strategy at PayPal, said at Bank Innovation Israel this week that regulators are increasingly seeing blockchain as adding transparency, not as a means for illicit behavior. The implications are clear: with regulatory blessing, we couldRead More
TEL AVIV — Mariano Belinky is arguably the Most Famous Man in Fintech Today. And not just because of his Spanish accent. No, it’s because Business Insider made a big deal last week about how Belinky has reviewed 820 fintech startup pitches this year for the bank’s $100 million VCRead More
TEL AVIV — There’s OnDemandEconomy.org, and even @ondemandeconomy. The on-demand economy has even made its way into the presidential election. Republican presidential candidate Marco Rubio last month vowed to stifle government regulation of “on-demand” startups like Uber and Airbnb that he “considers models for a changing national economy.” The on-demand economy is generally definedRead More
Eight fintech startups competed Tuesday in Tel Aviv at Bank Innovation israel, among the first international fintech conferences to be held in Israel.
Bank Leumi CTO Ilan Buganim is taking time out of his busy schedule — more on that below — to participate in a fireside chat at Bank Innovation Israel in Tel Aviv next week. Bank Leumi has a lot going on for Buganim to oversee, including a core banking overhaul and shifting a number of banking services to the cloud.
You hear a lot of biometrics and banking, but what have you seen in your life as a bank customer? Passwords, passwords, and more passwords, quite likely. Yesterday, I signed up with Airbnb and noticed the “Login with American Express” option. By coincidence, this happened to be the very dayRead More
EIght startups have been chosen as finalists in the DEMOvation Challenge at Bank Innovation Israel 2015. The finalists will demo their products at Bank Innovation Israel next week in Tel Aviv.
PayPal, take notes. Visa yesterday disclosed that it has “more than 7 million registered users” for its Visa Checkout service, a PayPal competitor. PayPal counts 173 million active users. Visa Checkout was launched in Aug. 2014. MasterCard, by comparison, has not announced how many registered users it has for itsRead More
Early Warning, the bank security consortium that last month combined with clearXchange, appears set to relaunch its payments service as SecureExchange. ClearXchange is the stuttering P2P payments network launched by several major banks, including Bank of America and Capital One Financial Corp., in 2011. Bank of America, for example, went live withRead More
Google Wallet is still “money” — but that’s hardly encouraging news for mobile payments at the point of sale. A month and a half or so into the life of Android Pay, Google Wallet, now essentially a peer-to-peer payment app, is still more popular. It’s called Google Wallet (New) in Google PlayRead More