PayPal and MyOrder, the payments venture owned by Rabobank, the Dutch bank, have signed an agreement to bring “check in” payments to the Netherlands, Bank Innovation has learned.
Amazon releases Amazon Wallet, which could be a big blow to retailers in the future.
Banks still have an advantage over Facebook, Twitter, and Snapchat in the payments industry when it comes to one thing: trust.
It turns out bitcoin is generating suspicious financial activity, according to the Financial Crimes Enforcement Network, better known as FinCEN.
What does a young person do today when he wants to choose a bank? He might check out what interest rates are offered on savings accounts or loans, or he might just want to know who has the coolest mobile app. We know one thing he won’t do — walk into the nearest branch to ask if the bank might be right for him.
Who needs fintech when you can have … (As seen on the wall of the recent Startupbootcamp hackathon in Utrecht, Netherlands, earlier this month.)
PayPal continues to boost parent company eBay. The San Jose, Calif.-based auction giant had a “challenging quarter,” due to the much-publicized security breaches earlier this year, but still beat earnings estimates, the company reported last night.
It’s yet another black day for mobile wallets. Visa unveiled a new service today called Visa Checkout that lets users conduct e-commerce transactions. The service essentially replaces V.me, Visa’s mobile wallet product, and can be seen as a pullback from mobile payments at the point of sale into the simpler e-commerce and m-commerce space. The www.v.me URL now forwards to Visa Checkout.
Monitise plc, the publicly traded mobile payments company, will roll out gift cards to users of its mobile banking apps next quarter, a senior company official told Bank Innovation.
Monitise, one of the world’s leading providers of mobile banking technology, expects to see 200 million users of its mobile banking platform by 2018, up from 30 million today. In a call with investors last week, CEO Alastair Lukes described a world where telcos, retailers and banks form a triangle in defending themselves andRead More
Wells Fargo & Co., which tends to launch standalone marketing sites more than the average bank, appears to have scored with its new Wells Fargo Works for Small Business website, launched last quarter.