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.
Bank-led venture capital groups are getting more interested in fintech startups — and that’s only a good thing.
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.
FinTech is hot in the Big Apple, especially when it comes to trading.
Empire Startups, a New York-based startup community, hosted a fintech startup Demo Day on July 16, where a number of startups in the financial technology industry came and presented their company in front of more than a hundred people.
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
Who needs fintech when you can have … (As seen on the wall of the recent Startupbootcamp hackathon in Utrecht, Netherlands, earlier this month.)
David Marcus invested in bitcoin startup Xapo while the head of PayPal, according to his LinkedIn profile.
Two Venmo veterans are launching their own loyalty app. Mike Dudas and Chris Maddern, both former employees of Venmo/Braintree/PayPal, have teamed up to start an app that will add functionality to on-demand apps such as Uber. With on-demand services like Uber, Seamless, and Hailo growing in popularity, adding services and benefits to theseRead More
Sometimes innovation comes down to just getting it done, to paraphrase Sam Maule (#15 on this list.) The key to innovation lies not in technology or in processes, but in people moving the industry. In this, Bank Innovation‘s second annual “Innovators to Watch” list, we took a look at someRead More
The payments startup Paygel has won the first Dutch FinTech hackathon, it was announced yesterday. The hackathon, hosted by the Dutch bank Rabobank as well as the startup accelerator UtrechtInc, invited 15 teams to “develop a technical solution for next generation financing” in just 48 hours. After what we presumeRead More
Congressman Polis will be hosting the bitcoin demo day in Washington D.C., which will be held later this month.