#Cryptocurrency is going mainstream, or rather, #banks and cryptocurrency exchanges are growing #more enmeshed. Jamie Dimon and Warren Buffett may still think #bitcoin is a Ponzi scheme, but in the meantime, Goldman Sachs has reportedly opened a crypto trading operation, apparently a first for the banking industry, and #Coinbase, the market-leading wallet and exchange, is […]
Bank Innovation
#Chinese company #Baidu is in talks with prospective investors for the purpose of raising $ 2 billion in funding focused on expanding its weight in #financial #services, Reuters reported yesterday. The #search #engine, which operates the online payments service Baidu Wallet (which provides credit and wealth management services on its platform), is looking for investors that […]
Bank Innovation
EXCLUSIVE- Echoing the mandate of PSD2, #Bank of #America #Merrill Lynch today unveiled an API #gateway that #seeks to #connect its commercial #clients to #fintechs and other third-party vendors. As of now, the API gateway is available to only clients with accounts in #EMEA (Europe, the Middle East and Africa). Bank of America Merrill Lynch […]
Bank Innovation
EXCLUSIVE – The two fundamental keys to most challenges #retail #banks and payment companies face on the #innovation front are personalization and efficiency, according to Alberto Corvo, a founding partner at #fintech focused investment firm #Motive Partners. To help banks find these solutions, Corvo’s Motive Partners, along with Allied Irish Bank, Bradesco, Emirates NBD, Royal […]
Bank Innovation
EXCLUSIVE – There’s a new #banking app in town &8211; #Emma. The British #fintech company, which is still in beta, is gearing up for its launch in the U.K now that it received FCA approval to operate under the new PSD2 mandate. “This is a big deal for us,” Emma co-founder and CEO Edoardo Moreni […]
Bank Innovation
EXCLUSIVE — With its recent launch in the U.S., #cryptocurrency #exchange #bitFlyer wants to bridge the trading gap between two of the #world’s #largest #bitcoin markets. “Japan is the largest bitcoin trading market in the world, about 50% of it happens in there; the U.S. is the second biggest market,” Bartek Ringwelski, chief operating officer […]
Bank Innovation
The UN #development #agency probably isn’t capable of moving at internet speed but it can compile information about best practices in preparing for a digital future from countries around the world.
Financial Technology
EXCLUSIVE – #Blockchain-based #rental payments platform #Rentberry is looking to raise $ 30 #million in an Initial Coin Offering (ICO) next month, Bank Innovation has learned. The ICO is set to take place on Nov. 30, Rentberry CEO Alex Lubinsky told Bank Innovation at Money 20/20 in Las Vegas. Based in California, Rentberry is a #home rental service that […]
Bank Innovation
EXCLUSIVE — Point of sale financing provider, #Blispay is looking at partnerships as its next phase of growth. Founded in 2014, Baltimore-based Blispay provides point of sale financing for customers of small and medium-sized merchants. BlisPay’s CEO, Greg Lisiewski, told Bank Innovation that as the company focuses on scaling itself and adding more merchants to its […]
Bank Innovation
#Wells #Fargo has been going through a rough patch lately, but the bank itself is focused on moving forward. This is especially true when it comes to digital banking. The San Francisco-based bank is looking at #partnerships as a way of improving banking #experience for its current digital #users (including #mobile). “We are trying to […]
Bank Innovation
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