Mobile wallets have failed so far because they haven’t offered customers a strong enough incentive to use them versus cards. The exception, Starbucks, offers free coffee, but it did that with its gold cards too. LevelUp, into which Chase poured $ 10 million in December, offers its loyalty-heavy solution to merchants as well — spend $ 50, […]
Bank Innovation
#Banks have been fairly active in tapping into new technologies recently, either through partnerships or with internal innovation groups. But with the rapid acceleration of the #fintech space, how should banks decide if a new space or #tech is worth pursuing? An old-school #cost #analysis will do, according to MichaelRead More
Bank Innovation
A recent note from the University College London’s #blockchain research center explores the fair #cost of #bitcoin #mining.
fintech techcrunch
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