Post Tagged with: "Mobile Payments"

HomeSend Remittance Program Targets Mobile to Battle Cash in Ethiopia

HomeSend Remittance Program Targets Mobile to Battle Cash in Ethiopia

by September 23, 2016 at 11:46 am 0 comments

Earlier this week it was announced that HomeSend—a joint venture of Mastercard, eServ Global, and BICS that works to ease cross-border or cross-network transfers—partnered with the Commercial Bank of Ethiopia to launch a new remittance program in the country. Remittance is estimated to be a $3.5 billion—with a B—market inRead More

Breaking Banks: Cardmageddon!! [AUDIO]

Breaking Banks: Cardmageddon!! [AUDIO]

by September 23, 2016 at 11:11 am 0 comments

On this episode of Breaking Banks, host Brett King is joined by fintech blogger Dave Birch to talk about “Cardmageddon,” or the moment when other types of payment will eclipse paying with cards. The two are joined this week by Jordan Lampe, Communications Director of Dwolla (who makes an announcement duringRead More

Top 5 Fintech Raises: Point, Promoboxx, DueCourse

Top 5 Fintech Raises: Point, Promoboxx, DueCourse

by September 20, 2016 at 10:41 am 0 comments

Even though we’re not seeing quite as many raises as in previous years, fintech funding doesn’t seem to be in any danger of disappearing. This last week, investors went for platforms in mobile development, cloud-based Big Data, cloud-based invoicing, home equity funding, and marketing. This brings us to our topRead More

Mastercard Send, Visa Now Powering Stripe Instant Payout

Mastercard Send, Visa Now Powering Stripe Instant Payout

by September 19, 2016 at 2:53 pm 1 comment

Mastercard Send will now be the payment rails behind Stripe’s instant payout feature along with Visa, it was announced today by the parties involved. This function allows Stripe sellers—such as Lyft drivers—to receive payments, well, instantly. “These marketplaces [in the sharing economy] that have popped up aren’t going away, andRead More

MasterCard Wants You to Masterpass All the Things [VIDEO]

MasterCard Wants You to Masterpass All the Things [VIDEO]

by September 15, 2016 at 1:50 pm 0 comments

MasterCard released a series of videos earlier this month to promote the various ways its Masterpass service can be used to buy the little things in life with a single click. You know, like buying that little black dress that just happened to catch your eye, by chance, after you spent three hoursRead More

Wells Fargo Mobile App Still In Google Play’s Top 10, Despite $185M Fine

Wells Fargo Mobile App Still In Google Play’s Top 10, Despite $185M Fine

by September 14, 2016 at 10:18 am 0 comments

It shouldn’t be a surprise to see Credit Karma’s mobile app in this week’s top slot for finance apps on Google Play—finance-wise, that seems like the app to beat—but what is a little surprising is the continued reign of Venmo on the iOS side. PayPal’s P2P service app is on aRead More

Chatbots Take One Small Step Forward to True AI with Personetics, Clinc

Chatbots Take One Small Step Forward to True AI with Personetics, Clinc

by September 13, 2016 at 12:25 pm 0 comments

Take a moment and imagine the future of banking: chances are your vision contains a lot more automation than we have now, whether you’re imagining a simple predictive algorithm for investments or a fully-fledged personal finance ‘bot with Skynet level AI—in terms of cognitive reasoning, not thirst for world domination.Read More

Payworks raises 4.5M in Series A, Talks U.S. Expansion

Payworks raises 4.5M in Series A, Talks U.S. Expansion

by September 7, 2016 at 12:31 pm 0 comments

It was announced yesterday that Munich-based payment processing startup Payworks raised $4.5 million in a Series A round, with Rumford, HW Capital, and Speedinvest leading the investment. Payworks, which provides SaaS (Software as Service) technology for credit processing, plans to use the new capital to expand its presence in the globalRead More

Visa’s Head of Global Strategic Partnerships To Speak at Israel Event

Visa’s Head of Global Strategic Partnerships To Speak at Israel Event

by August 25, 2016 at 11:50 am 1 comment

Bill Gadja, Visa’s senior vice president of innovation and strategic partnerships, has confirmed that he will attend Bank Innovation Israel to speak about payments. Bank Innovation Israel is the leading fintech event in Startup Nation, as Israel is called.

Payment Firms Fear Fintech Challengers More than Other Sectors Do, Study Says

Payment Firms Fear Fintech Challengers More than Other Sectors Do, Study Says

by August 18, 2016 at 11:31 am 1 comment

Incumbent payment firms are more likely to engage with fintech upstarts than other companies in the financial sector, according to the 2016 PwC Global FinTech Survey, “Payments in the Wild Tech World“. The payments industry is running scared and the vast majority are taking action. The report states, “84% of paymentsRead More