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Russell Brand, bankers’ scourge, holds on to their cash

Not fintech specifically, but fun non the less!

In his attempt to overthrow global capitalism, Russell Brand has called for an “orgy...

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This bull could run to New Year's

The Halloween Effect official begins during the six trading days before Halloween. So far, so good. This article suggests that the...

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Happy Halloween for retailers as ghoulish celebrations increase

Halloween spending in the UK has been rising strongly. Spending this year will reach £330 million this year, up from only £12 million...

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Zombie bank UKAR sells off £2.7 billion of mortgages to JPMorgan consortium

The bank died back in 2008, but pieces of Northern Rock's assets continue to live on. The UK government sells blocks of loans as...

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Reddit gets into crowdfunding with Redditmade

Reddit is starting to monetize its 115 million unique monthly visitors. The company plans to launch a virtual currency and a...

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Apple Pay Rival and Walmart-backed MCX Hacked

A little bit of press this week in prep for Money2020 and bingo.. The Hackers turn up!

MCX, which describes itself as “the only merchant-owned mobile commerce network built to streamline the customer shopping experience,”...…

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Isn't it pretty? Former Google Wallet Head Launches Poynt, A “Future-Proofed” Payment Terminal

Poynt is a “future-proofed” payment terminal that combines an Android-based tablet with a hardware docking station, and includes...

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Banks join wave of investors in cyber security start-ups

Brooks weighs in on this timely Financial Times article on Banks needing to pay board level attention to cyber security.

Brooks Gibbins founded the Fintech Collective to help major financial companies including BNY Mellon, MasterCard and the insurance...…

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CurrentC Is The Big Retailers’ Clunky Attempt To Kill Apple Pay And Credit Card Fees

Can't wait to see how cr*p this is at Money2020 next week.

Long before Apple Pay, big brick-and-mortar retail chains were conspiring to sidestep the typical 2% to 3% fees they’re charged by credit...…

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How Many Facebook Likes do Banks and Credit Unions Have

building a social media community in banking is hard. Very hard. Capital One who lead the charge have 3.2M likes (0.5M more than Chase...

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APDS deploy 125 tablets into San Francisco's County Jails

One of the many remarkable stories coming out of this company. Financial literacy and disrupting the money transfer business into jails...

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Race to be the big wheel in fintech

Politicians’ pronouncements are often evasive but when George Osborne declared his hopes for the future of financial technology in...

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Ebola fear factor in the stock market

Are the markets suffering from Ebola fear mongering? It's clear the market doesn't know how to react. The market is placing bets on...

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Why Silicon Valley must join the Ebola battle

New Jersey may be the center of big pharma, but this article outlines the reasons why Silicon Valley holds the key to containing...

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John Lewis reveals UK shopping habits

Over half of the customer traffic to the website of John Lewis, the UK department store chain, comes from mobile devices, overtaking...

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Nimbl, a new cash delivery service

Could it be possible that people are too lazy to use the closest ATM? A new startup from San Francisco named Nimbl is making ATM-style...

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Aussie tax ruling on Bitcoin is stifling innovation

The Australian Taxation Office’s decision to define cryptocurrency Bitcoin as a commodity has had a fatal ripple-on effect for some...

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Why PayPal's Split From eBay Threatens 70 Million Americans

It's nuanced, but the PayPal-eBay breakup means that 70 million underbanked Americans are losing an unlikely champion: new PayPal...

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Are we in a fintech bubble?

Apparently not yet!

For starters, the financial market is just too large — it’s worth more than a trillion dollars. And this year alone, banking and security...…

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The Case Against Apple Pay

Another good artcile putting Apple Pay into perspective. Food trucks and startups that rely on Square or Amazon or PayPal to accept...

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Startups Advertising to Raise Funding More Than VC Firms Are

In the past year only a handful of VC's have raised capital via general solicitation. On the other hand 4,700 companies based in the...

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The World Of Everything-As-A-Service

TechCrunch discusses the rise of platforms. This movement is making it faster, easier and less expensive to create businesses both...

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Investing Is Now Open: Openfolio Reveals World's First Open Investing Community, iPhone App

Well done boyos. The App works a treat!

Never invest alone again. Today, at a special presentation at getgeeked New York, Openfolio is proud to unveil its investment community...…

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How Beacons Are Changing the Shopping Experience

A great HBS Blog on Beacons.. imagine walking by or into a store and receiving a text message triggered by a beacon at the store...

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How Millennials Will Change the Way You Bank.. with images

A bank that adopts more sweeping image technology such as facial recognition or fingerprint identification and uses it to replace...

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Quantopian Raises $15M, Plans a Quant Hedge Fund

Quantopian has raised a $15 million Series B round to develop a new type of hedge fund, one that essentially crowdsources the...

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Banks face powerful competitors in the payments business

A recent study by McKinsey, "Global Payments 2014" provides a great overview of how the payments industry is changing and the impacts...

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Big Banks Are Confident in the Face of the Bitcoin Threat

This article provides a good counterpoint to Marc Andreessen's position on Bitcoin. With the IRS suggesting that Bitcoin miners, who...

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Months After Its “Upgrade,” Simple’s Online Bank Is Still Broken

Starting a bank is sodding hard. Moving a start-up bank onto a platform like BBVA looks like it's even harder!!

Things started off poorly for Simple when the scheduled maintenance window for the August “2.0 upgrade” went longer than expected. But...…

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Why Bitcoin’s Price is Irrelevant to Its Success

Perhaps we need to see less headlines about Bitcoin’s price, and more headlines about Bitcoin-based innovations and applications.

But today, in reality, the majority of Bitcoin-enabled services are basically still in the oven, in the labs, in development, or in the...…

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The CME Invests in Payment Network Dwolla

The Chicago Mercantile Exchange (CME) announced this week that it had led a $9.7M round of funding in payment network Dwolla. Is the...

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UK government backs fintech industry

The Milken Institute discusses what the UK is doing to capitalize on the growing fintech ecosystem. Tax advantages, favorable...

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FinTech startups are booming

Last year global private fintech startups raised nearly $3 billion. The startups that are receiving funding are disrupting or...

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HTML5 has a new best friend —and it's Apple, not Google

With the inevitable rise of mobile web browsing, Apple ramped up Safari's HTML5 capabilities with iOS 8. This should be a boon for...

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Will Google and Amazon offer one-click life insurance?

Collective member Mr. Shillingford sent in a good insurance "what if" story this week that had caught his eye - what if Google and...

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Banks Unite to Set Up One-Stop Bond Shop

Launching initially in Europe, Neptune is the latest in a string of U.S. and European attempts to make corporate-bond trading more...

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Estify Raises $1.5 Million To Roll Out Insurance Software For Auto Repair

Both Snapsheet and Estify are emerging disruptors in the car insurance space. Snapsheet recently raised a $10M series B.

There’s a rift between insurance companies and repair shops, explains Jordan Furniss, one of Estify’s co-founders. “[Insurers] write up a...…

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How Sydney can become a global fintech hub

Australia has historically been a good pocket of fintech innovation. A new report crystallizes the opportunity to take action....and...

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Thousands of jobs to go in Lloyds revamp

Lloyds which includes the brands Halifax and Bank of Scotland has already shed as many as 37,000 jobs since its bailout in 2008. The...

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Gates links technology, banking services for poor

Bill Gates explains how basic banking products like a savings account and crop insurance could alter the financial landscape for the...

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Mobile banking key to financial inclusion

The number of users for mobile banking tripled last year in Bangladesh. This is a perfect example of how mobile phones can bring...

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Fostering financial inclusion with mobile banking

Rapid cell phone adoption and low banking penetration means a lot of new opportunity in Africa. And considering that phones can now...

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Prison bankers cash in on captive customers

The Center for Public Integrity traveled around the U.S. to investigate the growing web of prison bankers, private vendors and...

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Which Countries Will Buy Into Bitcoin?

We continue to be interested in how emerging markets and the blockchain might provide the most interesting use case for Bitcoin. Here...

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A Brooklyn Court Sends a Message to Banks

A jury in Brooklyn found that Arab Bank knowingly supported terrorist activities during the second Palestinian intifada (2000 to 2005),...

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Banks - You’re boring. Get used to it

Post financial crisis, the regulators have successfully argued that banks should be run as utilities, not casinos. As such banks have...

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Kabbage adds Karrot to enter the consumer loans business

With capital from three unnamed providers, Kabbage has entered the consumer lending space to compete with Lending Club and Prosper. To...

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