Wells Fargo & Co. will roll out biometric logins for its corporate customers in the first half of 2016, Bank Innovation has learned. The San Francisco-based bank will employ eyeprints, as well as face and voice recognition. Wells is doing this because new forms of authentication are desperately needed to secureRead More
Post Tagged with: "Marqeta"
Can a payment be too invisible? Invisible payments are admired throughout the fintech world for the more pleasant customer experience they supposedly deliver. The major theme at the payments-focused Money20/20 in Las Vegas this week was faster money movement, with the secondary point of effortless, invisible money movement. Real-time payments are coming, attendees wereRead More
MasterCard Inc. has confirmed what many suspected: that is application programming interface, or API, offerings are leading to a larger population of smaller clients at the payments network. At a NYPAY Meetup last night in New York, Brien Buckman, who heads MasterCard’s API skunk works at the payment company’s swank Tech HubRead More
SAN JOSE, Calif. — It’s time to relegate the phrase ‘frictionless’ to the FinTech trashbin. It will join words such as “omnichannel,” “disruption,” and “mobilefirst” in exile. All were used so often that they lost all meaning and just plain got on everyone’s nerves. Removing friction from financial services — with orRead More
Facebook announced yesterday that it would on August 12 shut down Facebook Gifts, its program selling virtual and physical gift cards for retailers such as Best Buy and Starbucks. Does this mean digital gift cards done? Hardly. Several payments players are placing bets on gift cards just as Facebook backs off. Payment processor First DataRead More
Online-to-offline payments company Marqeta is seeing a bright future, and it’s made of plastic. The Emeryville, Calif.-based startup recently closed a $3 million round of funding, bringing its total funding to $25 million, and entered a partnership with The Bancorp to bring Marqeta’s +M technology to the white-label bank’s prepaid productRead More