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Float Raised $3M to Offer Credit Cards, ‘Without the Plastic’

Bank Innovation

It’s not news that millennials hate credit cards. Float – a Los Angeles-based startup, launched today – is set to change that. Which is one of the reasons a lot of them end up as “thin file,” with through-the-roof overdraft fees.

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Bitcoin Tracker: Easy Access Is ‘Easier’ With ATMS & Gift Cards

PYMNTS

Coinsource, America’s largest bitcoin ATM provider, just announced proudly that the company now has 55 ATM kiosks, after adding six new ones in California — four in Los Angeles and two in San Francisco. What about gift cards? Turns out, former Amazon executive Gene Kavner’s already on the bitcoin gift card ball.

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The Week In Payments: China, China, Challenger Banks And Bitcoin

PYMNTS

For Chinese consumers, the partnership will allow any UnionPay consumer to link their card credentials to a PayPal wallet — and start transactions with PayPal’s 24 million merchants worldwide. That is a lot more than the card networks have right now.”. market with limited trialing of its services in Los Angeles: to date, it reports 3.7

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Uber Of X: The Speed Stable, Motorcycles On-Demand

PYMNTS

From there, Sharp is eyeing New Orleans, then “working our way up the West Coast from Los Angeles” and then circling back to Midwestern cities, like Milwaukee. So, over a couple of incarnations, we finally arrived at another addition of “Why don’t we turn this into technology-based as well?”

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Location Detection: Building The Bank Business Case For Better Geolocation Data

PYMNTS

At the same time, said the panelists, the banks themselves are lagging a bit in technology, where the IP address detection methods dating back a couple of decades are not enough to defend against fraudsters’ new attack vectors. After all, it’s a pain point to have to inform your bank every time you travel to avoid card declines.

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What Happens When Ransomware Hits Connected Cars?

PYMNTS

Clarke’s third law states that “any sufficiently advanced technology is indistinguishable from magic.” ” Among millennials, 60 percent are in favor of more auto-drive and park-assist features in their cars. Unless the optics are the reason in the first place.

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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

HQ: Los Angeles, California. Blockchain technology for securities. Millennial saving & investing app. Tags: Enterprise, B2B2C, payments, mobile, SDK, API, developers, credit/debit cards. Online marketplace for real estate investing. Latest round: $18.4 million ($1.5 million equity, $16.9 million debt).

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