Startups

Lawsky Floats Further Revision to BitLicense Proposal

Lawsky Floats Further Revision to BitLicense Proposal

by December 19, 2014 at 11:33 am 0 comments

Benjamin Lawsky, superintendent of financial services for the New York State Department of Financial Services, is perhaps best known among FinTech watchers for championing New York’s proposed BitLicense regulation. Yesterday, at the Bipartisan Policy Center in Washington, Lawsky proposed revising the original BitLicense regulation, and also threw in some choice commentsRead More

LendingTree’s Lebda, USB’s Badarinath to Do Fireside Chats at BI ’15

LendingTree’s Lebda, USB’s Badarinath to Do Fireside Chats at BI ’15

by December 19, 2014 at 11:27 am 0 comments

Two of the banking innovation industry’s most dynamic — and experienced — executives will participate in fireside chats at Bank Innovation 2015, the annual gathering of banking innovation professionals for in-depth discussions on the future of financial services.

Mint Finally Adds Bill Pay — in a Separate App

Mint Finally Adds Bill Pay — in a Separate App

by December 17, 2014 at 4:09 pm 0 comments

Mint announced yesterday that its app had been updated and that it had added bill pay. In a separate app. You may recognize the new app, called Mint Bills, because it is better known as Check, formerly PageOnce. Intuit, which bought Mint for $170 million in 2009, bought Check forRead More

Financial Education Site Phroogal to Launch 1.0 Version This Month

Financial Education Site Phroogal to Launch 1.0 Version This Month

by December 15, 2014 at 10:55 am 1 comment

The financial education portal Phroogal has spent the last year in beta and will launch in late 2014, co-founder Jason Vitug told Bank Innovation this weekend. Phroogal, a New Jersey-based social platform for millennials to share financial questions and answers, now counts more than 10,000 registered users and has 14,000 answers posted — all with zero marketing outlay.

DEMOvation Challenge Kicks Off, Offers Free Demo Slots to Startups

DEMOvation Challenge Kicks Off, Offers Free Demo Slots to Startups

by December 12, 2014 at 10:07 am 1 comment

The DEMOvation Challenge is Back. After a successful launch in 2014, Bank Innovation 2015, on March 2-3 in Seattle will once again host an exclusive DEMOvation session. The DEMOvation session will kick-off Day Two of the conference, which brings together FinTech mavens with innovative bankers for a series of in-depth discussions.

Lure of Bitcoin Hooks High-Level JPM, Amex Execs

Lure of Bitcoin Hooks High-Level JPM, Amex Execs

by December 11, 2014 at 11:52 am 0 comments

Conventional wisdom has banks watching Bitcoin with great wariness, but two recent moves may suggest otherwise. Bitcoin successfully luring executives from financial services powerhouses shows a vote of confidence in the cryptocurrency by the people (if not the institutions) making up the financial services industry.

Parlez-vous LendingClub?

Parlez-vous LendingClub?

by December 11, 2014 at 11:51 am 0 comments

LendingClub’s IPO, which was trading 65% higher than its IPO price today, is big news here in the United States. But the peer-to-peer credit company might be more notable news in France. As has been well-documented, LendingClub’s founder, Renaud Laplanche, is French. He appears to have more notable status there, although he livesRead More

VIDEO: CUneXus Shows Off Mobile Loan Origination Platform

by December 10, 2014 at 4:55 pm 0 comments

CUneXus Solutions, which makes software for lenders, unveiled a mobile loan origination product on video yesterday. CUneXus serves both banks and credit unions in a variety of different loan types.

Square Nabs Visa CMO to Lead Customer Acquisition

Square Nabs Visa CMO to Lead Customer Acquisition

by December 10, 2014 at 12:04 pm 1 comment

It looks like Square is getting serious about the market it’s “playing” in. The mobile payments startup announced yesterday it has hired Visa’s chief marketing officer, Kevin Burke, to lead its customer acquisition team.

Innotribe Opens 2015 Startup Challenge

Innotribe Opens 2015 Startup Challenge

by December 9, 2014 at 10:56 am 0 comments

Innotribe, SWIFT’s FinTech startup initiative, announced its 2015 Startup Challenge locations today, and opened the competition to applications.

Card Innovator Dynamics Scores $70M from MasterCard, Bain Capital

Card Innovator Dynamics Scores $70M from MasterCard, Bain Capital

by December 8, 2014 at 11:54 am 0 comments

With so much hoopla over mobile in payments, it’s easy to forget that the money is still in cards.