U.S. Bank’s transactions are now 60% digital, Chief Operating Officer Andrew Cecere said at the Goldman Sachs U.S. Financial Services Conference this week. But that doesn’t mean the Minneapolis-based bank is giving up on branches. It has around 3,000 branches and 80% of its sales activity still takes place thereRead More
Post Tagged with: "hackathon"
Fear of fintech disruption is still common in banking, but for Bank of the West, “fintech” means opportunity. The San Francisco-based bank is working on deepening its links with Silicon Valley neighbors, and has a hackathon planned for June 17-19 in concert with parent BNP Paribas. “Fintech is already a partnerRead More
Emirates NBD, one of the Middle East’s largest banking groups, is hosting a hackathon in partnership with Berlin-based Open Bank Project in London, the reported fintech capital of the world, April 15 to 17. The deadline for early applications is today, March 15. The final deadline for applications is April 1. TheRead More
Royal Bank of Scotland (RBS) will join Berlin-based Open Bank Project to hold a new hackathon in the fall. Called Hack/Make the Bank, the event will be held in Edinburgh, Scotland, the weekend of Oct. 9. The Open Bank Project (OBP) is best known for building an open-source API forRead More
MasterCard announced a new series of 10 hackathons spanning the globe today. The series will focus on developers and be called MasterCard Masters of Code. You might be forgiven for thinking this was a new announcement for an old event. MasterCard has sponsored a number of FinTech events already in 2014,Read More
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
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
Startupbootcamp, an accelerator based in London, launched FinTechAthon, a sort of financial services-focused hackathon, this week — and already it seems to have gotten off to a fast start. The event has 70 slots, and Startup Bootcamp officials tell us that as of last Monday 35 were already taken. AndRead More
Some impressive hacks resulted from Dwolla‘s second internal hackathon at its headquarters in downtown Des Moines, Iowa, the company announced on Friday. Two of the more notable hacks were a Dwolla-based rewards program and a Dwolla mobile point-of-sale app. Dwolla offers a digital payment and money transfer service that is freeRead More
Dollarly, which took third place in an ecommerce hackathon over the weekend, aims to facilitate ecommerce payments via Twitter.