Retail

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 0 comments

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.

Amazon Takes Aim at Retailers with Pre-Installed Wallet App

Amazon Takes Aim at Retailers with Pre-Installed Wallet App

by July 22, 2014 at 1:51 pm 1 comment

Amazon releases Amazon Wallet, which could be a big blow to retailers in the future.

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

It’s Not Just FinTech

It’s Not Just FinTech

by July 17, 2014 at 10:35 am 0 comments

Who needs fintech when you can have … (As seen on the wall of the recent Startupbootcamp hackathon in Utrecht, Netherlands, earlier this month.)

Did TSB Blow Its Best Branding Opportunity?

Did TSB Blow Its Best Branding Opportunity?

by July 17, 2014 at 1:17 am 0 comments

Last night as I got home from a Korean-town dinner in NYC with the Moven management team, I got a message via Facebook from Rob Findlay (Next Bank) about a recently launched Youtube video supposedly promoting the upcoming revamped TSB website – sort of a trailer for the future launchRead More

Visa Puts Another Bullet in Mobile Wallets by Dumping V.me

Visa Puts Another Bullet in Mobile Wallets by Dumping V.me

by July 16, 2014 at 6:09 pm 2 comments

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.

Flex Shoppers, Millennials & Banking [SPONSORED]

Flex Shoppers, Millennials & Banking [SPONSORED]

by July 16, 2014 at 3:21 pm 0 comments

Smartphones, tablets, and computers: each of those has changed how and where we get things done. And even though each has been heralded as the death of the other, we’ve not discarded one for the other or eliminated any of them from our lives. Instead, we use each of themRead More

Bank of America Falls Behind in Mobile Banking Growth

Bank of America Falls Behind in Mobile Banking Growth

by July 16, 2014 at 11:57 am 0 comments

It appears Bank of America is not keeping pace with Wells Fargo & Co. and JPMorgan Chase in the drive to bring users to its mobile platform. A year ago, Bank of America had about 800,000 fewer mobile users than JPMorgan Chase. Today that number is closer to 1.7 million.