Startups

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.

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.

Social Trading Platform Shines at N.Y. FinTech Demo Day

Social Trading Platform Shines at N.Y. FinTech Demo Day

by July 17, 2014 at 6:00 pm 1 comment

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.

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.)

Marcus Invested in Xapo While Head of PayPal

Marcus Invested in Xapo While Head of PayPal

by July 15, 2014 at 12:31 pm 0 comments

David Marcus invested in bitcoin startup Xapo while the head of PayPal, according to his LinkedIn profile.

Button Raises $2.5 Million to Create Loyalty Program, Cross-App SDK

Button Raises $2.5 Million to Create Loyalty Program, Cross-App SDK

by July 10, 2014 at 5:35 pm 0 comments

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

30 Innovators to Watch: Key Executives Shaping the Industry in 2014

30 Innovators to Watch: Key Executives Shaping the Industry in 2014

by July 9, 2014 at 11:20 am 2 comments

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

VIDEO: Payment Processor Paygel Wins First Dutch Hackathon

VIDEO: Payment Processor Paygel Wins First Dutch Hackathon

by July 8, 2014 at 11:25 am 1 comment

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 to Host Bitcoin Demo Day in D.C.

Congressman to Host Bitcoin Demo Day in D.C.

by July 3, 2014 at 2:58 pm 0 comments

Congressman Polis will be hosting the bitcoin demo day in Washington D.C., which will be held later this month.