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Qapital Raises $12 Million, Adds Debit Card Functionality

Fintech Labs Insights

Offering debit card functionality will not only drive users to the app, it will also lead to a new revenue stream from interchange fees. The company’s founders George Friedman and Erik Akterin plan to “rewrite the rules of retail banking” by helping millennials “translate money into happiness.”

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FinovateSpring 2016 Live Blog – Day 2

William Mills

05:44 pm That is a wrap on demos for the day. Credit cards offer rewards but over 60% of payments are made on debit cards. Demo: Sezzle app with knowledge based authentication to link bank accounts. Demoing first with apple watch. Is this the first time we have seen an apple watch as apart of a demo today?

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Finovate’s 2015 Best of Show Winners Give Something to Tweet About

Fintech Labs Insights

Avoka : demoed a three-minute loan application that delivers a fast onboarding experience. ebankIT : demoed its omnichannel and social banking solution that maximizes interaction between FIs and their clients. mBank & i3D : demoed their interactive, digital retail-branch concept. September: Launches in Mandarin.

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Finovate Fall 2016 Live Blog – Day 1

William Mills

Demoing – Bills for T-mobile – Brought in balance and due date. With CRMnext, replacing a lost card or request a new pin is a one button process. Demo: A Wealth Management Company (ACME)– GoodData can embed analytics directly in ACME’s dashboard. Demo: Bank application form. This happens a LOT. Especially in college.

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banqUP Previews its Bank-as-a-Platform Solution for European SMEs

Fintech Labs Insights

Note: Demoing as bankUP at FinovateEurope, the company has since rebranded as banqUp. Calling itself a bank for people who live on their smartphones, banqUP is a digital neo-bank for small business that offers a business current account, credit and debit cards, and a hub of integrated financial solutions in a single, unified platform.

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A First Look at What’s Coming to the FinDEVr Stage this October

Fintech Labs Insights

It will showcase its REST API that allows technology companies to access turnkey global payout options while maintaining control of the user experience, making it easy for your users around the world to be paid. A card tokenized with Spreedly can be used multiple times against different gateways or API endpoints.

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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

see https://www.bloomberg.com/news/articles/2016-06-01/this-is-how-a-banker-in-brooklyn-makes-money-on-millennials ). The Vanity is Alive Award – Goes to the Chase Sapphire Reserve card that went gangbusters with millennials who were willing to pay a $450 annual fee for a metal travel card. GREAT MOMENTS IN SYSTEM DEMOS.

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