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What is the State of Banking Innovation in 2017?

Bank Innovation

What is the state of banking innovation today? Bitcoin mania has died down in the fintech world, and the conversation has shifted to technologies like voice banking, payments, and alternative credit scoring. This year, the pressure for banks to innovate is high, as banks no longer […].

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Banking On APIs For B2B Innovation

PYMNTS

One of the key reasons for the complicated relationship – the term “frenemies” comes to mind – is that FinTech newcomers are demonstrating innovative approaches to traditional banking practices, including financial management services and money transfers, while older banks tend to be wedded to older systems.

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Weekend Wrap-Up: Lending Club, Bitcoin, Visa Everywhere And The New Commerce

PYMNTS

We’re serving up a four-course meal on Lending Club, bitcoin, the Visa Everywhere contest and Karen Webster’s latest opinion piece. Get the 411: Lending Club’s Skyrocketing Chargeoffs. Meet YoCoin: The Bitcoin Alternative. The question is: Can YoCoin give bitcoin a run for its money?

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Bitcoin Escalates On China’s Blockchain Endorsement

PYMNTS

The Chinese state media advised people to stay levelheaded following a price escalation of bitcoin and blockchain stocks triggered by Chinese President Xi Jinping’s support, Reuters reported on Tuesday (Oct. It has also been unfriendly toward other forms of digital finance, including the peer-to-peer lending industry.

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Bitcoin Daily: Bitcoin Rises After Recent Crash; IRS Delivers New Rules For Crypto Investors

PYMNTS

Ransom is demanded in bitcoin, upon threat of releasing damaging information to family, friends, and co-workers. Because threat actors often get recipients’ emails from password breach lists, they sometimes include passwords to lend authenticity,” Hunter Johnson, Cofense Professional Services at Cofense, wrote in a blog post.

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Cred Opens Crypto Corporate Lending Platform To Developers

PYMNTS

Cryptocurrency-backed lending platform Cred is opening up its technology to third-party developers, the company has announced. The Crypto-Lending-as-a-Service (CLaaS) solution enables other crypto companies — including exchanges, crypto wallets or mining services — to integrate Cred’s lending functionality into their own solutions.

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HTC Rolls Out ‘Bitcoin Node’ Smartphone

PYMNTS

The new phone also is full of cryptocurrency-related features allowing users to exchange, lend and borrow digital assets. The differentiator is that it includes a hardware wallet and can run a “full Bitcoin node,” which HTC says is a first for a smartphone. It also has a 5.7-inch Bitcoin.com will also sell HTC’s crypto-phones.

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