Google Wallet to Power P2P Money Transfer for Gmail Users Outside US

Google Wallet is now taking steps towards enhancing its international presence leveraging Gmail as a platform. Across geographies outside the US, Google Wallet was being used only for making in-app purchases on Google Play or for online checkout. Even the Google Wallet app is not available in many countries. But this new initiative is hinting

In Talks with Chen Amit, CEO of Tipalti that Raised $13 Mn

Q.) Just to start off with, how are things shaping up at Tipalti? Chen: Business is fantastic. The company is growing quickly and the pace of growth is accelerating.  We have had near perfect customer retention rates and our customers are very happy. Q4 2014 was by far our strongest quarter ever. We also made

CheBanca! Opts for Backbase Platform to Take its Banking Experience Up a Notch

CheBanca!, the retail bank under the Mediobanca Group, has selected Backbase’s Digital Banking Platform to improve their online and mobile banking experience. Backbase is an omni-channel digital banking specialist. CheBanca! is known as one of the most innovative players in Italian banking. Backbase is one of the market leaders when it comes to next-generation digital

Judo Payments Raises £6 Mn to Drive Mobile Payments for KFC & Others

Judo Payments, a leading mobile-first payments platform in Europe, has successfully closed an additional £6M in funding to drive growth in the rapidly expanding mobile commerce sector.  The first institutional funding round was led by financial technology venture capital firm Route 66 Ventures. KFC is the latest restaurant to invest in Judo’s technology to simplify

Exclusive Interview with Gordon Russell, CEO & Co-founder of Springboard Retail

On a recent trip to Boston, we got a chance to meet Gordon Russell, CEO & Co-founder of Springboard Retail. The first remarkable thing about Gordon and his group is that they come from the retail industry and they started implementing their cloud based solution more than a decade ago. And since they come from

26% of Global Online Payments Transactions Now via Mobile

Adyen, the global payments technology company, has published its quarterly Mobile Payments Index, which tracks mobile payment data from web-based transactions across Adyen’s customer base. As the world shifts to mobile, the latest index reveals a surge in mobile’s share of online transactions, marking the first time mobile payments have accounted for more than a

This Startup is All Set to Bring a Whole New Banking Experience in Europe

Number26 is a US banking startup which is currently owned by the Spanish bank BBVA. The online-only banking service recently launched its services in Europe and has begun accepting deposits from customers in Germany and Austria. Number26 has established a strategic partnership with Wirecard Bank and has received an official banking license from the Germany

USAA Rolling Out Biometric Authentication for Account Log-in via Mobile

USAA members residing in the states will soon be able to log into their accounts through mobile devices using biometric recognition. This will make USAA the first U.S. financial institution to offer facial and voice recognition on a mobile app as added protection against fraud and identity theft. USAA members are expected to have access

2015 is the Year of Apple Pay

Welcome To The Year Of Apple Pay Yesterday January 27th, 2015 Apple released the last quarter earnings numbers and by any measure they are astounding.  This growth was fueled primarily by the iPhone 6.   During the earnings call Tim Cook presented some amazing comments about the growth of the less than 120 day old Apple Pay.

Lending Club Data Analytics Part 3, based on 4 Mn+ Data Points

Continuing in the series after the hugely popular Parts 1 & 2 of the exclusive in-depth analysis of the loan data of Lending Club, we present some additional insights based on the same data. In the previous two articles, we had covered certain aspects of how loans work in Lending Club. In this article, we