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Dwolla to Exit Consumer Space, Focus on API Offerings

Bank Innovation

As the Des Moines, Iowa-based company put it in a blogpost: Dwolla is no longer Read More. Dwolla, one of the elder statesmen of the fintech startup world, announced today it will leave the consumer space and focus on its offerings for businesses. The change will take place soon — Dec.

Iowa 316
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Taking A Data-Driven Approach To Meeting CU Members’ Banking Needs

PYMNTS

This shift to primarily digital comes with some perks, such as easier transactions and more connectivity for CU members, but it also means an increase in online payment volume that represents an irresistible opportunity for fraudsters.

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Sizzle Or Fizzle: Facebook, Online Lending, Cash – And The Twilio Surge

PYMNTS

This week it was Minnesota, and then yesterday Walmart really got warmed up and announced the expansion of their new payments service in: Michigan, Virginia, the Carolinas, Indiana, Iowa, Kentucky, Nebraska, North Dakota, South Dakota, Tennessee, Louisiana, Missouri, Mississippi and Washington, D.C. Online lending . Costco Card.

Lending 101
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Market your community bank with first-party data

Independent Banker

From these actions, community banks receive data on their income, home address, email address, credit card debt, employer and financial products they want to learn more about. We can take that data and we can reach that person online,” Catalano says. “If Take online banking, for example.

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Enabling Digital Commerce At Sporting Venues With Mobile Ticketing

PYMNTS

From ticketing platforms such as Gametime to payments companies such as Visa , innovators are harnessing the power of mobile. for instance, nearly half of all Visa transactions at physical points of sale happen via contactless card tap. Approximately 80 percent of gamblers are now betting online. Excluding the U.S.,

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June’s Top 12 Mobile Pay Moments

PYMNTS

While Apple Pay also recently launched in Singapore, Samsung Pay joins the region with its signature niche: the MST tech that makes Samsung Pay usable at virtually anywhere merchant credit cards are accepted. In the survey, 19 percent of respondents currently use online payment services like PayPal and Venmo. million users in 2016.

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Function Over Flash

Independent Banker

Perhaps to no surprise to community bankers, those include personal financial management (account aggregation), viewing credit card information, check reordering, account address changes, checking prepaid account balances and transaction history, international remittances and access to a brokerage account. Bill payment. Bill presentment.