Is this (finally) the end of MCX? When the Merchant Customer Exchange (MCX) deal with JPMorgan Chase made news last fall, it was clearly important. The country’s largest bank was teaming up with merchants, and taking on the card networks. Now it seems Chase Pay will be the only placeRead More
Post Tagged with: "Loop"
Stratos Card, an all-in-one card like Coin, Plastc (not yet launched), and Wallaby (bought and repurposed by BankRate in December) launches today. The card was conceived several years ago by CEO Thiago Olson and differs from Coin in significant ways. It feels different than other credit cards, with a textured finish, andRead More
16. Shamir Karkal, cofounder and CFO of Simple Simple is — or was — one of fintech’s prized startups. A branchless bank, Simple has managed to attract users and get them spending, reporting 13 debit transactions per minute back in 2013. Simple’s rise in popularity has been largely through wordRead More
Loop, the payments startup that allows for contactless payments at magstripe card readers using magnetic transmission, has plans that go far beyond magstripe itself. The company has deals in the works with a major card network and a major handset manufacturer that should see daylight later this year, CEO WillRead More
So how was Money2020’s Finovate-like LaunchPad360 event-within-the-event that presented startups in six-minute sessions? It was hosted, very gracefully and charmingly considering the multiple technical glitches, by Matt Harris, managing director of Bain Capital Ventures. Nine companies presented Tuesday; six more presented Wednesday. A roundup: SimplyTapp led off with its hosted-secure-elementRead More