MasterCard launched a pilot beta program to test out voice and facial biometrics.
Utah-based Merrick Bank is entering the digital gift space with a partnership with the startup Yiftee, which enables online and mobile gifting.
Stripe, a payments company for developers, “is widely regarded as a potential initial public offering candidate or acquisition target down the road.”
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 CEO tweets that it will support Apple Pay, but PayPal has been mum about any role in Apple’s new payments initiative.
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’s co-founder Sam Hodges spoke to Bank Innovation about the company’s recent funding, the LeapPay acquisition, and Lending Club’s upcoming IPO.
Is the intensity of banking innovation really heating up?
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.
Socure files for a $5.6 million Series A round, according to SEC documents discovered by Bank Innovation.
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