Innovations

Investments in Payments Startups Flattening in the U.S.

Investments in Payments Startups Flattening in the U.S.

by August 1, 2014 at 12:10 pm 0 comments


How is fintech different between the U.S. and Europe? We asked some experts.

More than Half of GoBank Users Are Under 34

More than Half of GoBank Users Are Under 34

by August 1, 2014 at 10:35 am 0 comments


Mobile-first bank account GoBank officially launched 13 months ago, and its parent company, Green Dot Corp., released data on its usage for the first time in the company’s earnings call yesterday evening. The portfolio of active accounts is now large enough, CEO Steve Streit said, that data about the service is “meaningful.”

VIDEO: US Bank Shows Off App in Instant Payments Spot

VIDEO: US Bank Shows Off App in Instant Payments Spot

by July 29, 2014 at 11:04 am 1 comment


US Bank released a video last week showing customers how to use its payment functionality, and in the process, gave a good tour of how to drive the bank’s mobile app. US Bank last updated its app in March, which is when instant payments arrived for mobile users, but a majorRead More

Ikano Bank Makes Saving a Game

Ikano Bank Makes Saving a Game

by July 28, 2014 at 11:51 am 1 comment


Ikano Bank is taking gamification to a new level. The bank, launched by Ikea founder Ingvar Kamprad, is trying to encourage savings with a game called Flappy Saver, a Flappy Bird knockoff.

Politicians Accepting Bitcoins with the Help of Paystand

Politicians Accepting Bitcoins with the Help of Paystand

by July 24, 2014 at 1:00 pm 1 comment


Well, this should provide a boost for Bitcoin gaining government acceptance: Some politicians are now accepting the cryptocurrency for campaign donations. Payment processing startup Paystand is helping political office seekers to accept contributions in bitcoin, starting with Republican gubernatorial candidate Andrew Hemingway of New Hampshire. A look at Hemingway’s donations pageRead More

Visa’s Innovation Center Looks Like a Great Place to Drink Coffee

Visa’s Innovation Center Looks Like a Great Place to Drink Coffee

by July 24, 2014 at 10:55 am 1 comment


Last week, Visa opened a 112,000-square-foot innovation center near the Ferry Building at the start of Market Street in San Francisco.

PayPal, MyOrder Ink ‘Check In’ JV, Source Says

PayPal, MyOrder Ink ‘Check In’ JV, Source Says

by July 23, 2014 at 6:48 pm 0 comments


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.

Banks Playing Larger Role in 2014 FinTech Funding

Banks Playing Larger Role in 2014 FinTech Funding

by July 23, 2014 at 4:46 pm 0 comments


Bank-led venture capital groups are getting more interested in fintech startups — and that’s only a good thing.

Banc of California Win Is Largest for nCino Since Upgrade

Banc of California Win Is Largest for nCino Since Upgrade

by July 22, 2014 at 9:37 am 1 comment


Banc of California, a $4 billion bank based in Irvine, Calif., is the largest win for nCino Inc. since the banking technology company released its latest version of its Bank Operating System in May.

Where’s the Metric for Rating Banks?

Where’s the Metric for Rating Banks?

by July 21, 2014 at 10:37 am 1 comment


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.

Proposed N.Y. State Regulation Would End Bitcoin Anonymity

Proposed N.Y. State Regulation Would End Bitcoin Anonymity

by July 17, 2014 at 3:45 pm 1 comment


The New York Department of Financial Services (NYDFS) released a proposal today to regulate bitcoins and other forms of virtual currency, making New York the first state to draft up regulatory legislation for virtual currencies. The NYDFS is proposing to issue “BitLicenses,” certificates allowing holders to transact in virtual currencies in NewRead More