Innovation

3419 articles tagged with this keyword

/Innovation

USAA enlists IBM's Watson to help military personnel transition to civilian life

Online army bank USAA has begun using IBM's Watson cognitive computing platform to help military personnel ease back into civilian life.

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Online lender AvantCredit raises $75m

AvantCredit, a Chicago-based online consumer lender, has raised $75 million in a series c funding round led by Tiger Global Management and secured a $200 million credit facility.

/Innovation

University incubator companies pitch to Barclays

A business incubation programme run by a consortium of UK universities has been pitching promising startup companies to Barclays Bank.

/Innovation

Startupbootcamp names fintech accelerator startup finalists

A collection of 10 fintech startups from around the world have battled their way onto an accelerator programme run by Startupbootcamp.

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Funding running dry for payments startups as new entrants struggle to gain ground

Venture capital interest in payment industry startups appears to be on the wane as investors wise up to the difficulties of achieving scale in a complex, competitive market.

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Facebook tests 'buy' button; Twitter buys CardSpring

Facebook has begun testing a 'buy' button which lets users purchase products advertised on the social network. Meanwhile, Twitter is also stepping up its commerce game, acquiring payments outfit CardSpring.

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BBVA startup contest attracts 850 projects

A startup competition organised by Spanish bank BBVA has attracted entrepreneurs from 56 countries, showcasing 850 technology projects.

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NY regulator sets out BitLicense plans

New York state's financial services regulator has set out the details of its planned 'Bitlicense' framework for firms dealing with virtual currencies.

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Snapchat files payments-related trademarks

Photo sharing app Snapchat could be preparing a move into the payments arena, two recently filed trademarks suggest.

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Visa takes on PayPal with Checkout button for Web and mobile payments

In its latest attempt to crack online and mobile payments, Visa has unveiled a system which lets virtual shoppers complete purchases with a couple of clicks.

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Bitcoin vault outfit Elliptic raises $2m

Elliptic, a UK startup behind an insured bitcoin storage service, has raised $2 million in a seed funding round led by Octopus Investments.

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TMG builds pay-with-Dwolla Google Glass app

A payments processing firm has built an app that lets people pay at Dwolla merchants with a swipe of their Google Glass.

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French to boost bitcoin transparency; Finns to broadcast bitcoin data through TV network

The French government has moved to limit the anonymity of bitcoin users through rules that require 'distributors' of the virtual currency to verify the identity of account holders.

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Former PayPal founder Levchin wants to upend consumer finance

Former Paypal co-founder Max Levchin is looking to disrupt the payments market once again with the launch of a new service that lets online merchants advance credit to consumers at the point of sale.

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Sage Pay wins ZappHack with location-aware ticketing app

After 36 gruelling hours of coding, designing and testing, Sage Pay's three-person team has emerged victorious at the ZappHack Revive Retail hackathon in London this week.

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The end of verification? Visa Europe posits new age for payment security

Executives at Visa Europe are pondering an overhaul of card security standards as new technologies and consumer preferences for frictionless shopping create demands for a more flexible approach to protecting transactions.

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Branches on the precipice as Brits embrace digital banking

Mobile and internet banking is now being used for transactions worth nearly £1 billion a day in the UK, hastening the decline of the traditional bank branch, according to new data from the British Bankers Association.

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CaixaBank to roll out contactless wristbands

CaixaBank is to distribute 15,000 contactless wristbands to customers over the summer, staking a claim to being the largest wearable payments programme in Europe.

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Google 'pirate' Makoski joins Capital One

Google design whiz Dan Makoski is quitting the search giant's free-thinking Project Ara 'pirate' mobile development division to join Capital One as VP of design, with an initial focus on m-commerce and payments.

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Santander launches $100m fintech venture fund

Spanish banking giant Santander has launched a $100 million, London-based fintech venture capital fund as it bids to get in on the ground floor at startups leading the financial services digital revolution.