Banks Still Aren’t Spending Money on Open Banking (Or Blockchain or Artificial Intelligence….)
EXCLUSIVE- APIs and open banking might be becoming more integral to financial institutions, but it doesn’t seem like banks are...
Payments
JPMorgan Chase Acquires WePay for SMBs
In its first major fintech acquisition, JPMorgan Chase will acquire WePay, bringing its software to the small businesses the bank...
Blockchain Yes, Bitcoin Not So Much, Bernanke Says
EXCLUSIVE--Former Fed Chairman Ben Bernanke may see blockchain’s potential for payments innovation, but that innovation isn’t going to involve cryptocurrenices....
IBM Creates Blockchain for Global Payments, Looks to AI for More Solutions
EXCLUSIVE— IBM is continuing its momentum in fintech with a focus on international payments and distributed ledger technology by launching...
Payment Processor Platform Marqeta to Launch in Canada Next Month
EXCLUSIVE -Payment card issuing platform Marqeta will be launched in Canada next month and Europe in 2018, Marqeta’s CEO, Jason...
Russia Will Launch Its Own ‘Cryptocurrency’
Russian Minister of Communications and Mass Communications Nikolai Nikiforov has announced that the Russian state will “quickly” issue its own...
IBM To Use Blockchain Technology for Crossborder Payments for Banks
Multinational tech mogul IBM is working with blockchain startup Stellar to establish a cross-border payment system, which will allow banks...
Mexican Startup ePesos Gets $6M from Santander InnoVentures
Santander InnoVentures, the venture capital arm of Santander Bank, has invested $6 million in Mexican fintech ePesos. InnoVentures was the...
SWIFT Calls Its Blockchain Trial a Success
SWIFT has dubbed its blockchain projects successful, according to a report published today regarding its proof-of-concept with the technology. The...
Discover Cardmembers Can Now Redeem Cashback Rewards with Apple Pay
Discover has become the first major credit card company to let its customers redeem cashback rewards with Apple Pay. This...
