Startups

Litle Is the Fastest Payment Processor in the World — Again

Litle Is the Fastest Payment Processor in the World — Again

by November 24, 2014 at 11:23 am 1 comment

Once again, Litle & Co. is the fastest payment processor in the world.

Snapcash is a Window into What Users Don’t Want Snapchat to Know

Snapcash is a Window into What Users Don’t Want Snapchat to Know

by November 19, 2014 at 11:12 am 0 comments

Reactions to the announcement of Snapchat’s new payments service ran the gamut from “the future of payments” to, well, a way to pay people for sending you nude pictures.

Excitement About Mobile Payments Outruns Reality

Excitement About Mobile Payments Outruns Reality

by November 18, 2014 at 11:57 am 1 comment

Customers are fired up to make mobile payments using Google Wallet and Apple Pay even if they don’t own the devices they would need to accomplish this. That information arrives via a recent survey by Stratos, makers of a “connected card” solution along the lines of Coin and Plastc.

Behind the Scenes at JPMorgan Chase’s New Startup Events [VIDEO]

Behind the Scenes at JPMorgan Chase’s New Startup Events [VIDEO]

by November 14, 2014 at 10:59 am 0 comments

JPMorgan Chase released a video yesterday showing off its sponsorship of Seattle Startup Week, a mentoring and networking event that took place Oct. 20 to 24. The bank sponsored a similar event in Denver in September. These events are two of a projected five events in cities across the country. For the series, Chase has partnered with UP Global, a Boulder-based not-for-profit with a mission fostering entrepreneurship and strong communities.

Mozido Is the Best-Funded Startup in Mobile Payments

Mozido Is the Best-Funded Startup in Mobile Payments

by November 12, 2014 at 12:01 pm 0 comments

In late October, eyebrows were raised when mobile payments startup Mozido raised $185 million from the likes of MasterCard, Wellington Management Co., and His Royal Highness Sheik Nahyan, who is kind of a big deal in the United Arab Emirates.

‘Internet Innovators’ Help Yodlee Diversify Revenue

by November 12, 2014 at 11:00 am 0 comments

Financial software provider Yodlee held its first earnings call as a publicly traded company yesterday and indicated that a broader customer base was helping spread the risk associated with having a few large accounts.

Gift Card Space Heats Up as Startup Raise Scores $18.1M Round

Gift Card Space Heats Up as Startup Raise Scores $18.1M Round

by November 12, 2014 at 10:13 am 1 comment

It’s that special time of year… the days are getting shorter, leaves are falling, and gift cards are in the air. The venture money is flowing into gift cards as well. Gift card marketplace Raise just finished an $18.1 million funding round, according to GigaOm.

The Underappreciated Banking Conversation

The Underappreciated Banking Conversation

by November 7, 2014 at 10:01 am 0 comments

Is every banking conference truly blah, blah, blah boring?

LoopPay’s New Card Case: Brilliant or Just Loopy?

LoopPay’s New Card Case: Brilliant or Just Loopy?

by November 4, 2014 at 11:55 am 0 comments

LoopPay, the transitional mobile payment technology launched last year at Money2020 is back at the big show in Vegas with an update to its form factor.

The Vastly Different Payments Worldview of Millennials, Explained [INFOGRAPHIC]

The Vastly Different Payments Worldview of Millennials, Explained [INFOGRAPHIC]

by November 3, 2014 at 9:54 am 1 comment

Just how differently do millennials view payments than previous generations? This infographic [ht Sam Maule] defines the differences, and they are vast. For example: 50% of millennials want mobile payments to speed up transactions. Gen X: 31%. 52% of millennials want mobile payments to keep better track of purchases. GenRead More

MasterCard Scoring Most of China UnionPay Payments

MasterCard Scoring Most of China UnionPay Payments

by October 30, 2014 at 5:41 pm 0 comments

Everyone is angling to work with China UnionPay, the government monopoly card that is the only interbank card network in the country — buy MasterCard CEO Ajay Banga said today that his company is winning “90-plus%” of the business.