Payments company Dwolla recently surprised much of the fintech world by announcing it was stepping back from the consumer business to focus on its B2B, API-based model. Or maybe it wasn’t so surprising. It’s no secret it’s hard to scale fintech companies — unless consumers are rich, money isn’t fun, and peopleRead More
Post Tagged with: "Money2020"
LAS VEGAS — Bank of America announced its new chatbot, erica, yesterday at Money20/20 here. Erica should roll out for BofA digital and mobile banking users “late next year,” according to a spokeswoman from the bank. At an event where chatbots were one of the main topics of interest for many ofRead More
Yesterday the payments network formerly known as clearXchange, a product offered by Early Warning, officially re-branded itself as Zelle. The announcement was made by Early Warning’s president and CEO Paul Finch as he strode onto the Money20/20 stage wearing a polo with the brand–Zelle–proudly embroidered in white. The Zelle network willRead More
The hits keep coming for virtual currency consultancy R3CEV. Once derided as a blockchain support group for the consortium of financial institutions it amassed, R3CEV said repeatedly it wanted to build products. Today, it unveiled one at Money20/20 in Copenhagen: Corda, a distributed ledger for financial services companies. The New York-based company alsoRead More
Once again, Bank Innovation has teamed with the Open Bank Project to conduct a research initiative surrounding the use of APIs in banking. Specifically, Bank Innovation and the Open Bank Project will undertake a research survey to better understand how banks worldwide are prioritizing API initiatives and why. We intend for the queryRead More
This week, with Money 20/20 in town, the gaze of the world’s fintech watchers is centered on Copenhagen, Denmark. It seems the Danish city has charmed its fintech-hungry visitors. Although the hashtags for #money2020europe have reached 1.7 million Twitter users in the last three days, #Copenhagen has reached 3.2 million. That dwarfs the amountRead More
The parade of startups keeps coming at Money20/20. A further eight startups demoed Tuesday in Las Vegas, adding to the seven that showed their wares Monday. Customer authentication and security, as well as loyalty and rewards programs, were major themes among presenters. Manifold Technology demoed a blockchain-based platform for exchangingRead More
LAS VEGAS – Startups are playing a larger role in the world of financial services, and that’s clear from the agenda at Money20/20, being held this week in Las Vegas. This year, startups owned the stage at two sessions: Launchpad360, a Finovate-style demo session, and Launchpad180, a Shark Tank-like session for early-stage companies.Read More
LoopPay, the transitional mobile payment technology launched last year at Money2020 is back at the big show in Vegas with an update to its form factor.
A new startup called Coin launched today, showing off a hybrid card/mobile technology that allows all of a user’s cards to be stored on one card. This is achieved by a using a Square-like reader that pulls information from the magstripes then imprints it onto the Coin card. Users can signRead More