Analytics Leaders In Finance Have Higher Profitability
#Leaders in #analytics are more profitable, can adjust faster to changing economic conditions faster and tailor their products for individual customers.
Financial Technology
Updates from December, 2017 Toggle Comment Threads | Keyboard Shortcuts
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Bitcoin Futures Allow Investors to Play ‘Both Sides’ of the Market, Ally Invest Says
EXCLUSIVE—#Bitcoin #futures are the perfect medium for #investors curious about #cryptocurrency, as they #allow customers to #play “#both sides” of the #market, Rich Hagen, president of #Ally #Invest, told Bank Innovation. “What’s interesting about bitcoin futures is that you’ll have the ability to take both sides of bitcoin—it’s a two-sided market, you can go long […]
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Payment Protection Fintech Earny Raises $9 Million
EXCLUSIVE – The #payment #protection app #Earny announced today it has raised $ 9 #million and wants to use the funds to diversify into the travel vertical. Based in Santa Monica, Calif., Earny automatically monitors for and claims refunds on past purchases through retailer and credit card price protection policies. With its new funding, Dori Yona, […]
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TIO Networks Data Breach Compromised 1.6M Customers, PayPal Says
One of #PayPal’s recent acquisitions, payments processor TIO #Networks, has suffered a #data #breach that puts the information of 1.6 million of the processor’s #customers at risk, the company said in a statement on Friday, December 1. PayPal acquired the processor in July of this year. A review of the TIO network “has identified a […]
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Prosper’s Top Concern in 2018 is Liquidity, CEO Says
EXCLUSIVE— Marketplace lender Prosper will make #liquidity a top priority as the company moves into #2018, company CEO David Kimball said during a lending conference that took place last week. “Our main #concern… it’s always liquidity, and I think most people in this room understand that the best way to get to liquidity is to […]
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Amazon Adds In-Skill Payments to Alexa
Businesses and developers will soon be able to accept #payments directly through voice apps on #Amazon’s #Alexa device, the company announced yesterday during its re:Invent event in Las Vegas. This essentially works the same way as a mobile in-app purchase would: after reaching a limit of free content on participating voice skills, users can now […]
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The Fed Will Not Develop a Digital Currency, But Remains Interested In Blockchain
The underlying #technology that powers #digital #currency #remains more interesting to the Federal Reserve than the development of digital currency, according to comments made by John Williams, president of the San Francisco Federal Reserve Bank. The Fed is actively researching #blockchain and distributed ledger technology, Williams said yesterday when asked about his thoughts on the […]
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Bitcoin ATMs Sprout in Georgia
#Bitcoin ATM network Coinsource on Thursday installed 20 new bitcoin #ATMs in the Peach State. Of the 20 machines, 18 are in Atlanta and the other two are in Athens. The ATMs come as demand for the #cryptocurrency in the region is on a rise, the company said. In a statement to Atlanta Business Chronicle, […]
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Monzo Brings Back Debit Top-Ups But Warns Feature is Not ‘Sustainable’
British neobank #Monzo has reinstated a popular #feature for its current account, #debit top-ups via card, Android and Apple Pay, but warned customers that the feature may not be “sustainable” for the bank. In a statement on the Monzo blog posted today, the bank noted that it had brought #back the debit top-up feature — […]
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Mastercard Bets on Blockchain and Payments with Latest Crop of Startups
#Payments processor #Mastercard is continuing its focus on innovation and partnership, announcing the #latest 11 companies to join its ‘Start Path’ program as well as the expansion of its NYC Tech Hub. The latest companies to join Start Path, a Mastercard program aimed to support later-stage fintechs across the globe, including #blockchain, health, and payment […]
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