Community banks are taking a more “calculated” approach as the EMV liability deadline approaches.
The ABA’s Frank Keating argues that banks deserve “balanced, nuanced” regulatory compliance that does not upend their economic prospects, particularly for smaller community banks. But that argument rings hollow.
If you’ve been waiting for news regarding Coin Card, then you’ve got a longer wait than expected. Coin launched with HUGE fanfare in November of 2013, promising to revolutionize your credit card by allowing you to combine up to 6 cards in one bluetooth enabled device. Launched on the same day as the revamped Google Wallet, Coin Card stole the show for a few months as news about the product gained momentum.
Apparently GoBank’s experiment letting users choose their monthly fees didn’t work out so well. GoBank has been out of action lately, not allowing new members for the past several months.
What’s the message behind the major two major updates of fintech apps this week? Belly and Level Money, two upstart fintech apps, released major upgrades this week — Belly yesterday and Level Money on Wednesday. Belly, a rewards app, added a feature called Belly Bites, where users can redeem freeRead More
GoBank customers are now on a longer leash. The notoriously conservative neobank operated by prepaid pioneer Green Dot Corp. has eased up on its policy of holding mobile check deposits for as long as 10 days.
Prepaid cards offer a significant opportunity to broaden product lines and modernize customer‐facing applications without massive changes to core processing systems. How should financial institutions grapple with, take advantage of, or succumb to prepaid in the coming decades?
Venmo will add a new “Pay With Venmo” service, sources tell Bank Innovation.
While there seems to be a new fintech startup every day, some of the industry’s expert have been studying and analyzing the market for years now. Which means their opinions matter. Here are eight ideas for fintech startups that leverage that knowledge.
Simple is in many ways the crown jewel of the financial technology startup industry. With its modern, intuitive, user interface, responsive customer service, mobile-first, branchless strategy, Simple represents the future that financial innovators hope for. It should be noted that it was announced in February that Simple would be acquired by BBVA, makingRead More
Even payment giants like Visa get nervous about digital disruption in financial services.