Amazon quietly hires Visa credit card boss to expand little-known lending business
Amazon hired Visa's North America credit card head Nick Talwar to run its new lending business. Amazon is beginning to provide capital...
Amazon hired Visa's North America credit card head Nick Talwar to run its new lending business. Amazon is beginning to provide capital...
Could it be that Her Majesty The Queen own's them or are they just pulling a fast one? Figures show the state owned banks are guilty of...
Everyone expects Apple to make a statement around mobile payments at their Sept 9th shindig. In advance of that it's interesting to...
In the last six years, theirs been a 32% decrease in the number of graduates from Stanford and HBS going into finance. Where have they...
In April, JPMorgan was singled out for criticism when it blocked a payment from a Russian embassy to the affiliate of a U.S.-sanctioned...
Interesting question right? This article starts to ask the question by re-telling some of the problems founders in the sharing economy...
Leon Kirkinis co-founded African Bank in 1999 and built it into an African powerhouse on the back on uncollateralized loans. This week...
Re/Code broke the news that Twitter was in discussion with Stripe to allow users to make purchases right from a tweet! Whilst Stripe is...
With no decades old banking infrastructure as baggage this Economist article points out nicely that Poland's banking system has become...
Westpac in New Zealand is overhauling its IT infrastructure as it tries to become the No. 1 digital bank in that southwestern Pacific...
A man was Tasered and arrested by police in Norfolk (UK) after he burst into a bank with a makeshift flamethrower and threatened to...
EBay CEO John Donahoe has resisted demands by activist investor Carl Icahn to hive off the payments service, saying PayPal was integral...
LendingClub has filed for an IPO to raise $500M. It will be interesting to see where the valuation lands, considering that the...
Xignite discloses their API best practices for fintech developers. Poorly designed software never stands the test of time. APIs are...
What is the best way to upset backers of a crowd funded project? Do what Coin did last Friday. Coin – the credit card to replace all...
Square is cashing in on the tech funding boom. The company is clawing its way towards profitability, but the competition is strong with...
As the Economist points out, a boom in consumer credit in South Africa has run its course with African Bank's demise. The figures are...
Large technology companies are relying less and less on bankers for M&A advisory. Instead they are poaching talent from Wall...
Several Wall Street banks recently announced that they are increasing junior level salaries by 20% (~$85k) and scaling back on 100...
Barclaycard and Dillon the Donkey have teamed up to beat London Transport to contactless payments. If Apple make NFC a part of their...
Interesting thought that bitcoin can help charities run free, or certainly cost effective, global campaigns.
As Frank Schuil, CEO,...
A fascinating piece of research from Pew Research on real-time giving from mobile devices. The rise of the smartphone has now given us,...
When a founding team transcends solving a problem solely in the pursuit of profit, they enter the rarefied air of enduring brands - and...
Here Fred Wilson blogs about how he went from being thoroughly dismissive to a huge buyer of how CrowdRise is disrupting the way...
There are now more than a thousand B corps in the U.S., including Warby Parker, Patagonia, Etsy, and Seventh Generation.
FinTech...
A look at the list of people who have made the Giving Pledge reveals a lot of entrepreneurs and business builders, including FinTech...
At Serverside we built a business that allowed US charities to create their own branded affinity Visa credit card. Like the ALS...
Nothing revolutionary in this new iteration, but the reviews say it's beautiful! At least it's still alive and kicking inside BBVA.
After a particularly painful period of “scheduled maintenance” saw customers at online bank Simple losing access to their funds for a...…
Simon Gregson at IBM publishes his findings from a survey of 27 European banks view on investment in their core banking platforms.....
This Faster Payments Assessment Summary from the Fed follows on from their series of meetings in June discussing the US ACH...
Scary picture, but some interesting tech that pattern-matches the blood vessels within the sclera to verify it's you!
Banking is now in the eye of the beholder. That’s literally for EyeVerify. This new kind of ID verification tech lets you simply hold...…
The Automated Clearing House (ACH) Network is the backbone for the electronic movement of money and payment-related data in the US. It...
First, they ditched land telephone lines. Then they cut the cable-TV cord. Now, millennials are chucking their checkbooks and cash. NY...
Complaints about payday loan middlemen in the UK - so-called credit broking websites - have more than doubled in the last year,...
It's a lengthy report that sound familiar: "A generation of digital-banking customers is rising across Asia. They will want full...
Fewer than a quarter of Africans have a bank account, the World Bank says, but 40% have a mobile phone. That has made the continent...
Researchers are tapping into the growing data on crowdfunding to take stock of the phenomenon. A central question: Do crowds — driven...
Just two years ago the author of this article knew guys mining tons of bitcoins per day with just a couple dozen GPU units in their...
Pot entrepreneurs have had a tough time opening bank accounts following the legalization of the drug in some States. Now 100 of them...
Amazon, a competitor to almost every merchant, has rolled out it's own small merchant mobile point of sale solution. It will be...
We had the pleasure of speaking with the founder Meg this week (she is currently at YC) and our Shift Card is in the post! We are...
GTO shares are down 10% this year on growth prospects. This could be a pretty savvy buy after several recent high-profile data...
Marc Andreessen takes part in a terrific 50 minute interview at Stanford where he covers a lot of ground including: are we in a bubble?...
TechCrunch points out three dynamics in the industry to explain how startups are able to secure high valuations in today's market:
Mobile car-hailing service Uber sparked another round of bubble talkwhen its valuation hit $18.2 billion in June following a $1.6...
The sole function of Yo is for a user to send the word "Yo" to any other friend using the app. And yet Yo recently received $1.62m in...
The 49ers realizing that their players are young, rich and financially uneducated are using Wealthfront to educate their employees.
The UK continues to attract investors looking for fintech startups. Google UK managing director Dan Cobley is quitting the internet...
More money...and more competition.
Valuation Doubles as Philippines Long Distance Telephone Company (PLDT) invests $445M into the...
As one person said to us recently, the forward-thinking leaders know that the secular change underway is going to unfold on their watch.
Four years after the Dodd-Frank financial law became reality, Washington's regulatory machine is altering Wall Street in fundamental...…
The UK is leading the US by pushing lenders to promote alternatives. Skeptics think that the big-four's dominance, leaves little for...
Openfolio, a FinTech Collective portfolio company, is creating a wealth management social network that allows users to link an anonymized
At FinTech Collective we routinely talk about Millennials (Born 1980-2000) and how this population is different from Baby Boomer and...
Vogogo isn’t a new company. The payments processor has been around for about 13 years and is currently processing $75 million in...
Another startling indication that the moment in time to start a Financial Services Technology company might be right now! "the...
I know patent law can be a crashing bore, but this is pretty ground breaking stuff. The following dispute highlights the still-thorny...
So Siri is useful after all! Barclays uses passive-voice biometrics to improve service and reduce call times by 15%
The software, called ‘Nuance FreeSpeech’ comes from the Stamford Research Institute – the same folks who created Siri before Apple bought...…
Go Kiwi's - Westpac New Zealand is preparing to launch an app that uses augmented reality to let customers get account information on...
As noted by PYMNTS - Activehours has launched and allows workers to borrow as much as $100 per day against what they have already...
Financial inclusion play Privlo is loading up to take on the task of real-estate lending to the 60-90M Americans who fell out of the...
They're richer than you think. They're more scared than their elders. And they're ripe for the picking. Millenials will change the face...
Big names got behind Stellar, a decentralized protocol for sending and receiving money in any pair of currencies. Interestingly Stellar...
In an effort to get American merchants onboard with the new (EMV) technology, Visa and MasterCard have set an October 2015 deadline for...
Not only a great entrepreneurial story of failure and success, but also of the swiftly growing and evolving e-commerce market in India.
Their previous venture — a physical coupon booklet into which they had sunk their combined savings — flopped in just months. And online...…
FREE, no strings attached full credit reports are now available via Credit Karma. The Company has partnered with TransUnion to provide...
Beggars can't be choosers when relying on donations, therefore Wikipedia is following the pack and joining the list of companies that...
Kash is a current member of Y Combinator. The company is aimed at cutting out credit card fees via their iOS and android app. Unlike...
Prison reform dialogue is hitting some of its highest levels of public awareness in the US, ever. There's a role for tech and...
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