Venmo’s Instant Cashout Option to Create Revenue for PayPal in 2019
PayPal finally anticipates monetizing Venmo in 2019, nearly six years after acquiring the P2P service. Venmo's revenue run-rate is over...
Payments
Facebook’s Payments Revenue Soars 42%
Payments revenue at Facebook is up — way up. The company’s "payments and other fees" category banked a record $274 million...
Ally Financial Has Millennials to Thank for Its Impressive Retail Deposit Growth
Ally Financial Inc.’s robust marketing strategy for its retail bank has paid off, as the bank today reported that half...
Catch the Early Bird Rate for FinAi News Ignite Before It Flies Away!
Interested in joining us for FinAi News Ignite 2019 on March 11-12 at the Hyatt Olive 8, Seattle? You'd better...
Apple Pay Helps Bolster Tech Giant’s Services Revenue Gains
Apple’s mobile payment service Apple Pay helped the company’s services business revenue grow 19% year-over-year to reach an all-time high...
JPMorgan Says Blockchain Is Making Progress Outside Crypto
It may take a few years for blockchain’s impact to be felt meaningfully, but it will provide some advancements in...
Zelle to Add 200 FIs and Finastra Partnership in 2019
Bank-backed Zelle will offer its P2P service to core processor technology provider Finastra this year, FinAi News has learned. This move is an...
Umpqua Sees Cost Reductions with Tech-Driven NextGen Strategy
Umpqua Holdings Corporation’s strategic plan to boost profitability and simplify operations by 2020, called NextGen, appears to be performing above...
Could a Banking Virtual Assistant Become a Robo-Advisor?
Financial technology provider Personetics is building automated saving and advice capabilities into its AI-based PFM tool offering. This new feature will...
Cross River Bank’s Phillip Goldfeder to Join FinAi News Ignite
Phillip Goldfeder, senior VP of public affairs at Cross River Bank, is speaking at FinAi News Ignite 2019. Goldfeder will be...
