Post Tagged with: "payments"

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

Ripple Raises $55M as Client List Grows to 15 Top Global Banks

Ripple Raises $55M as Client List Grows to 15 Top Global Banks

by September 15, 2016 at 9:53 am 0 comments

Investors still want a piece of the blockchain. Ripple, the enterprise blockchain startup, today announced that it raised $55 million in Series B funding to accelerate customer adoption of its technology. That brings Ripple’s total funding to $93.6 million since its launch in 2012, according to Crunchbase. “I think there’sRead 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

FinovateFall Day 1:  APIs, Biometrics, Big Data Analytics

FinovateFall Day 1: APIs, Biometrics, Big Data Analytics

by September 8, 2016 at 10:43 pm 1 comment

It’s that time of year again! Today, FinovateFall debuted in New York, where 39 fintech companies debuted their newest toys to a fintech-hungry audience. The technology presented ranged from the latest in biometrics, including voice and facial recognition, the latest in how to create insights for big data use–and more importantly,Read More

MasterCard-PayPal Deal Echoes Visa’s ‘Exclusive’ One

MasterCard-PayPal Deal Echoes Visa’s ‘Exclusive’ One

by September 6, 2016 at 1:48 pm 1 comment

Last month it was announced that Visa had made a deal with PayPal, which gave PayPal access to payments via Visa cards at the point of sale, and today it’s finally clear why MasterCard CEO Ajay Banga was confused about the supposed “exclusivity” of the deal—because there isn’t any (unless itRead More

Are Roboadvisors Taking Jobs from Humans?

Are Roboadvisors Taking Jobs from Humans?

by September 1, 2016 at 3:44 pm 4 comments

The fintech community sure is bullish on roboadvisors. At least, that’s the takeaway from the Twitter poll conducted by @INVFintech, this site’s sister accelerator. The poll was part of a Twitter chat held today under the hashtag #INVchat. The discussion ranged from robos to cross-border payments, the latter discussion seeing active participationRead More

Venmo Beats the Banks To Win Top Spot Among iOS Finance Apps

Venmo Beats the Banks To Win Top Spot Among iOS Finance Apps

by September 1, 2016 at 11:11 am 2 comments

No matter what time of year or how the economy is, mobile app users are concerned with their credit. How else to explain the continuing reign of Credit Karma atop the finance mobile app heap? But the real surprise may be that PayPal’s P2P app Venmo is top dog amongRead More

The Fintech Threat Is Real

The Fintech Threat Is Real

by August 30, 2016 at 9:00 am 2 comments

It may come as a surprise to many of us that consumers are generally satisfied with their banking relationships. However, this doesn’t mean that banks have nothing to worry about. Alternative providers and FinTech companies present a double-edged risk to traditional banks. First, there is the eminent danger of aRead More

Square Brings Payments, SC Offerings to Vend, TouchBistro Partnership

Square Brings Payments, SC Offerings to Vend, TouchBistro Partnership

by August 29, 2016 at 12:08 pm 3 comments

Thought you were done hearing about Square for the month? Think again! The company is building momentum on its already-fabulous year by partnering with point-of-sale companies TouchBistro and Vend, who in previous years probably would have been thought of as Square’s competition. “We’ve always been impressed by Square’s very elegantRead More

Bank of America-Viewpost Partnership Brings Digital Payments to SMEs

Bank of America-Viewpost Partnership Brings Digital Payments to SMEs

by August 25, 2016 at 3:05 pm 0 comments

Bank of America, a financial institution with 3.2 million small business customers, announced today it has partnered with fintech startup Viewpost to open the wider world of fintech, specifically the modernization of payments, to small businesses. “It’s important to move the dialogue beyond the transactional friction,” said Max Eliscu, CEO of Viewpost. HeRead More