Post Tagged with: "social banking"

Pay With Venmo App Service Live For ‘Select Users’

Pay With Venmo App Service Live For ‘Select Users’

by May 17, 2016 at 5:47 pm 3 comments

It’s not just P2P anymore. Venmo’s in-app payment feature is live, and select “lucky users” can already use Pay with Venmo in participating iOS apps, the company announced in an email today. We’ve emailed everyone who can start using Venmo to pay in select apps. Didn’t get an email? Right now we’reRead More

Why Is It So Hard to Scale Fintech Startups? It’s a Secret.

Why Is It So Hard to Scale Fintech Startups? It’s a Secret.

by April 29, 2016 at 12:45 pm 2 comments

Why are fintech startups different from other tech startups? Many people would answer regulations, and that’s certainly part of the story. Banks want fintech to be regulated to level the playing field, and fintech companies want regulation to make working with banks easier. But at the Empire Startups Fintech ConferenceRead More

BankMobile Is All In on Millennials [VIDEO]

by May 18, 2015 at 3:21 pm 0 comments

Every bank wants more millennial customers. They may not have high balances, take out loans, or show loyalty to financial institutions, but — well, someday they will. Maybe. Many banks have advertising targeting millennials, but this one may take the prize. Instead of having a branch at the corner ofRead More

With ‘Send Money’ Launch, Facebook Eats Fees to Own Social Payments

With ‘Send Money’ Launch, Facebook Eats Fees to Own Social Payments

by March 17, 2015 at 4:32 pm 6 comments

Ummm, paging Venmo. Facebook is eating the cost of P2P transactions so it can own social payments like it already owns advertising and chatting. That’s the word from industry insiders mulling over Facebook’s announcement today that users can send money to friends for free using their Visa or MasterCard debit cardsRead More

Citibank Processed $440B in Mobile Payments from Corporate Clients in 2014

Citibank Processed $440B in Mobile Payments from Corporate Clients in 2014

by March 9, 2015 at 11:59 am 0 comments

When mobile banking is in the news, it’s usually about the consumer side, but that view misses a wide swath of innovation in financial services today. Bells and whistles such as mobile check deposit are making their way over to the corporate side, and with considerably advanced features. The numbers inRead More

Banks with Dedicated Innovation Teams on the Rise, Bank Innovation Survey Reveals

Banks with Dedicated Innovation Teams on the Rise, Bank Innovation Survey Reveals

by September 25, 2013 at 12:10 pm 2 comments

The innovation orientation at banks has ramped up significantly in the short time since the first quarter, according to our new State of Banking Innovation market survey for the third quarter. Answers to open-ended questions from the survey are presented here. According to the data, culled this month and released today,Read More

Stealth Payments App Clinkle Gamifies the Waiting List

Stealth Payments App Clinkle Gamifies the Waiting List

by July 16, 2013 at 2:36 pm 0 comments

Clinkle, the yet-to-be released payments app that has been making a lot of noise in the tech space, aims to change the way users interact with the boring old waiting list. The more people a user invites to join the Clinkle app, the  higher on the waiting list that userRead More

Do You Love Your Bank? Wag Bank Customers Love Theirs

Do You Love Your Bank? Wag Bank Customers Love Theirs

by October 23, 2012 at 2:24 pm 1 comment

Three years ago Jeff Stephens was depressed. As the head of a marketing consultancy with a focus on the financial sector, he was confronted day after day with bank customer indifference and apathy. As Stephens told Bank Innovation, “People would just say, ‘It is what it is.’” So when StephensRead More