Venmo Revenue Growth Exceeds Analysts’ Predictions for Q1
PayPal‘s P2P service Venmo has exceeded analysts’ first-quarter estimates in two key areas: annual revenue run rate and number of ...
Tag: Facebook
Rapyd Launches Local Payments Solution Rapyd Checkout
Fintech-as-a-service platform Rapyd today launched Rapyd Checkout, a hyper-local payments solution allowing merchants to accept over 500 local payment types ...
Doors Opening for Open Banking, But Are U.S. Banks Ready to Enter?
More banks are opening up to open banking and the idea of sharing data, at least abroad. Lloyds Banking Group ...
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 ...
What the ‘Marie Kondo Effect’ Could Mean for Standalone Fintech Apps
People are trying to declutter their phones as well as their homes — is this a problem for standalone apps ...
Facebook Is Said to Develop Stablecoin for WhatsApp Transfers
Facebook Inc. is working on making a cryptocurrency that will let users transfer money on its WhatsApp messaging app, focusing ...
Digital Customers Drive 72% of Revenue at DBS Bank, CIO Says
Singapore-based DBS Bank wants to be an invisible agent of change in the realm of digital banking. Over the course ...
Alexa Collects Huge Amounts of Data. Does That Include Financial Information?
Alexa is listening. Capital One was famously the first major bank to integrate with Alexa, Amazon‘s virtual assistant that resides in Echo smart ...
Bitcoin’s Hard Times Will Continue into 2019, Juniper Report Says
If Bitcoin hasn’t been in the news lately (Bank Innovation included), it’s because things aren’t going that well for the best-known ...
Facebook Asks Banks to Share Customer Data
Facebook has entered discussions with major U.S. banks in an attempt to gain access to customer data, the Wall Street Journal reports. ...
