This past weekend p2p payments platform Zelle started a marketing push in 6 major US markets; Early Warning, Zelle’s owner, started the ads during last weekends NFL football games and has plans to further advertise during the Grammy Awards, the NBA All-Star Game and more upcoming events; while Zelle has past Venmo in volume the platform is not nearly as widely known and it isn’t entirely clear how many users they have because it is integrated with your banking app; the company also plans to do a push in print and digital ads over the coming months. Source.
Balancing an environmental, social and governance mission with the pursuit of profit can present unique challenges for startup banks.
Xero Partners With Square For Faster B2B Payments Nigerian fintech start-up Aella raises $10m Transparent Systems comes out of stealth...
Artificial intelligence company, Flamingo, has listed on the Australian Securities Exchange and partnered with online lender, DirectMoney; the company seeks to help increase the sales conversion rate of online customers through web chat, web forms and artificial intelligence that guides customers through an online purchase. Source
Are bitcoin and other crypto tokens crashing because of the usual excesses that accompany advances in finance? Or do they have the sort of fundamental flaws that will see them as historical relics?...
According to Belvo, the new product will function as a gate for users to initiate payments directly inside third-party apps.
DE Shaw is a leader in combining quantitative investing with traditional fundamental strategies which has been called quantamental; this has...
La aplicación, que llegará a España el próximo otoño, logra más de 150.000 usuarios en el Reino Unido desde mayo...
The People's Bank of China says in a report that it is considering expanding its risk-assessment system beyond banks to include major online financial businesses; the Wall Street Journal comments that China's central bank is increasing its monitoring of the loosely regulated fintech sector. Source
Tim Draper was an early investor in the internet and is also a big believer in blockchain technology; in an interview on Fast Money he shares that he believes that crypto will be a main payment method in just five years and that none of us will be using fiat currency; Draper is known for purchasing 30,000 bitcoins in a 2014 US Marshals Service Auction and has said he still holds all of those coins. Source