Startups

MasterCard Beta Program Adds Voice & Facial Biometrics

MasterCard Beta Program Adds Voice & Facial Biometrics

by September 18, 2014 at 11:57 am 0 comments

MasterCard launched a pilot beta program to test out voice and facial biometrics.

Merrick Bank Starts E-Gifting with Yiftee Partnership

Merrick Bank Starts E-Gifting with Yiftee Partnership

by September 17, 2014 at 2:39 pm 0 comments

Utah-based Merrick Bank is entering the digital gift space with a partnership with the startup Yiftee, which enables online and mobile gifting.

Stripe Said to Be Headed for IPO or Acquisition

Stripe Said to Be Headed for IPO or Acquisition

by September 17, 2014 at 2:37 pm 0 comments

Stripe, a payments company for developers, “is widely regarded as a potential initial public offering candidate or acquisition target down the road.”

Venmo Cofounders Said to Have Stepped Down

Venmo Cofounders Said to Have Stepped Down

by September 10, 2014 at 5:29 pm 0 comments

Venmo cofounder’s Andrew Kortina and Iqram Magdon-Ismail appear to have stepped down from day-to-day activities at the mobile payments company, multiple sources within the company have told Bank Innovation.

Square to Support Apple Pay — But What About PayPal?

Square to Support Apple Pay — But What About PayPal?

by September 10, 2014 at 9:40 am 2 comments

Square CEO tweets that it will support Apple Pay, but PayPal has been mum about any role in Apple’s new payments initiative.

Why ‘Softcard’ Is Just an Awful Brand Name

Why ‘Softcard’ Is Just an Awful Brand Name

by September 4, 2014 at 11:59 am 0 comments

With the opportunity to rebrand (the payments firm, not the terrorist organization), ISIS could have gone in a multitude of directions. Alas, yesterday it chose “Softcard,” which is, to quote some friends on LinkedIn, a “horrendous choice.”

Funding Circle Amps Up U.S. Growth with LeapPay Purchase

Funding Circle Amps Up U.S. Growth with LeapPay Purchase

by September 2, 2014 at 5:24 pm 0 comments

Funding Circle’s co-founder Sam Hodges spoke to Bank Innovation about the company’s recent funding, the LeapPay acquisition, and Lending Club’s upcoming IPO.

What’s the State of Banking Innovation?

What’s the State of Banking Innovation?

by September 2, 2014 at 7:00 am 0 comments

Is the intensity of banking innovation really heating up?

Lending Club Files For IPO, But Offers Little Insight

Lending Club Files For IPO, But Offers Little Insight

by August 28, 2014 at 1:29 pm 0 comments

Lending Club has filed a $500 million IPO, according to S-1 filings sent to the SEC. Interestingly, Lending Club’s S-1 filing lacks key information that might give insight into the still-private company.

Digital Identity Startup Socure Files For $5.6 Million Series A

Digital Identity Startup Socure Files For $5.6 Million Series A

by August 26, 2014 at 11:58 am 2 comments

Socure files for a $5.6 million Series A round, according to SEC documents discovered by Bank Innovation.

Clinkle Searches for Ideas in Expensive Hackathon Promo Video

Clinkle Searches for Ideas in Expensive Hackathon Promo Video

by August 25, 2014 at 3:58 pm 0 comments

Clinkle, the $30 million startup that was supposed to revolutionize payments, has had a number of stumbles over the past year. Between launching a desperate commercial last September to offering users $10 if they used their card five times, Clinkle’s been struggling to attract and hold on to customers. ARead More