Capital One founder and CEO RIchard Fairbank got passionate about digital in the bank’s earnings call yesterday
PayPal, reportedly is looking to make some acquisitions before it spins off from eBay, and is eyeing Square.
There’s no secret how challenging it is to make money off of low-balance, “free-checking” customers. (Just ask M&T.) But Social Money‘s president, Scott McCormack, thinks he has a pretty good solution under his roof, and soon he’ll have the clients to prove it. One client is slated to sign ontoRead More
Bill Gates gave a speech at Sibos today, and for some unexpected reason Bloomberg TV reached out to me to comment on why the unbanked are important. It turned into a cool 7 minute segment on Core, how our portfolio companies are improving people’s lives and how Visionaries, like Amex, are avoiding the traditional missionary and […]
More than 280 companies entered the Innotribe Startup Challenge but just two emerged triumphant: the money movement service Epiphyte, and Matchmove, which offers virtual credit cards.
To explain the remarkable technology innovation coming out of Israel, one Israeli entrepreneur once said that in the tiny nation, “there’s zero tolerance for work-arounds.,” This is the kind of attitude we are looking forward to seeing aimed squarely at fintech. Indeed, on Oct. 22-23, Leumi, one of Israel’s largestRead More
Uber has quietly been finding new ways to increase revenue — and its first target is payments.
The second and final day of Finovate Fall 2014 saw several strong presentations on the stage. There was were no drones, costumes or grunting, on Day 2 as there were in Day 1, but overall the demos were stronger, especially early in the day.
Finovate Fall 2014 is halfway over and if you were one of the nearly 1,500 attendees packed into New York’s Hilton Midtown, you saw two costumed superheroes on stage grunting as they apparently tried to open an account on a mobile device.
Thee were also 34 other demos.
CEO Jack Dorsey says that Square will be adding Bitcoin support to its terminals.
MasterCard launched a pilot beta program to test out voice and facial biometrics.