Chase Finn Aims To Make Money Management Friendly For Millennials
#Chase has designed a bank account for millennials, a debit card linked to a mobile phone that bypasses paper and bank branches.
Financial Technology
Updates from June, 2018 Toggle Comment Threads | Keyboard Shortcuts
-
user
-
user
Bento for Business Sets Big Goals with $9 Million in Funding
#Bento for Business wants to provide its customers with money management tools combined with banking solutions, similar to the personal financial management app for millennials, MoneyLion, according to company CEO Farhan Ahmad. For the task, San Francisco-based Bento raised $ 9 #million in a new round of #funding today. The investment was led by Edison Partners, and includes MissionOG […]
Bank Innovation -
user
Azlo and Green Dot Offer New Lending Products for Gig Economy Workers
PREMIUM – #Azlo will begin offering #lending services to small businesses and gig #economy #workers this fall, the company announced last week. The #fintech, which is backed by BBVA Compass, will be partnering with an undisclosed “non-traditional lending platform” to originate loans. These loans will range between $ 10,000 and $ 100,000, and even less Azlo CEO […]
Bank Innovation -
user
IBM Launches Starter Kit For Blockchain Developers
#Developers and companies intrigued by #blockchain but who don’t know where to start can sign up for the IBM Blockchain Platform #Starter Plan to get a proof of concept up and running quickly.
Financial Technology -
user
Facebook Reverses Cryptocurrency Ad Ban
PREMIUM –#Facebook has changed its stance on #cryptocurrency ads by reversing a ban it had placed on the ads only five months ago. The news didn’t do much for #bitcoin, the most well known cryptocurrency, which is trading today a little above $ 6,000. Facebook is reversing the ban it placed in January on cryptocurrency advertisers, […]
Bank Innovation -
user
Blockchain Is Perfectly Suited for Banking, But Banking Is Not Ready for Blockchain, McKinsey Says
#Blockchain‘s future in #banking is bright, but right now, the industry is not prepared to take advantage of what the #technology offers, according to a new #McKinsey report on blockchain’s viability across various industries. The report, released last week, describes blockchain&8217;s suitability for financial services in this way: Financial services’ core functions of verifying and transferring […]
Bank Innovation -
user
How the Innovation Team at BBVA Compass Focuses on Needs, Revenue
PREMIUM – #BBVA #Compass, the U.S. arm of the Spanish bank BBVA, has no designated #innovation head. Instead, all innovation initiatives fall under the bank’s head of business development, José “Pepe” Olalla. BBVA has more than 15 million mobile active users. Olalla, who has been with BBVA since 1992, served as BBVA’s Chief Information Officer […]
Bank Innovation -
user
Join Cybersecurity and Authentication Webinar with OneSpan and Bank Innovation
Want to know more about the different types of #authentication? When is it appropriate to use hard tokens v. soft tokens, or is a combination more suitable? To learn more about this, tune in today to the #webinar on soft token authentication from #OneSpan, formerly Vasco, hosted by #Bank #Innovation at 2 PM ET. In […]
Bank Innovation -
user
Fifth Third’s Fintech Efforts Seen Generating $100 Million of Annual Revenue
PREMIUM – The digital and innovation strategy behind #Fifth Third, one the largest regional #banks in the country, is simple: build, buy, partner. That strategy has worked well for the bank.The company told Bank Innovation that it has invested $ 100 #million in #fintech over the past 22 months and that it expects to make about […]
Bank Innovation -
user
Venmo’s Card Is Out of Beta & Ready to Use
PREMIUM- P2P payments app, Venmo, has launched its debit #card, Venmo Card, and it is powered by Mastercard. When Venmo first launched its card in #beta last September, it was backed by Visa. After 10 months of trial, the PayPal-owned Venmo notified its users that they can get a Venmo debit card through a link on […]
Bank Innovation
Reply