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Can a Mobile Lending App Save Millennial Credit Ratings?

Bank Innovation

It will reach Texas, Florida and New York in the next 10 to 12 months, according to the company, which claims that, in less than three Read More. Millennials hate credit — but a new service called Lenny is out to change that. Lenny is meant for mobile (of course) and launched today in California.

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Data Dive: Dust-Ups, Hiccups And POS Attacks Edition

PYMNTS

Over P2P payments, security at the gas station point of sale (POS) and even over direct deposits, there were a lot of moving parts last week that apparently had some issues moving in tandem. We’ve made some security enhancements which may be causing difficulty when attempting to link your PNC acct with Venmo. Banks hold the data.

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iPhone Scam Reveals How Digital Criminals Find Vulnerabilities

PYMNTS

Think of the Apple iPhone, and thoughts are likely to turn to matters involving social media, selfies, family photos, mobile commerce and even payments. The alleged theft ring operated in 34 states, but it remains unclear how many phones and legitimate customers were involved or impacted. Targeting Dead People.

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Inventor Of The Web, Tim Berners-Lee, Wants To Take It Back

PYMNTS

This would seem to be a favorable time for digital products and services that emphasize privacy and data security. I’m not sure,” said Paul Marty , a professor at Florida State University’s School of Information, who teaches about the larger societal impacts of the internet. And am I okay with that?

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Data Dive, Better Together Edition: Worldpay, FIS, Google, eBay, PayPal, Instagram

PYMNTS

The combined company will retain the FIS name and will be headquartered in Jacksonville, Florida. We started to really think about how [we] not only simplify integration and onboarding, but [how to] better manage operations on an ongoing basis,” he said. “We merchant customers. Instagram and PayPal Pair Up for Instacommerce.

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Bitcoin Daily: Unicas Opens Physical Crypto Bank Branch In India; Mayor Eyes Investing 1 Pct Of Miami's Reserves In Bitcoin

PYMNTS

The operation also will provide traditional banking services, according to the backers. The backers wrote in a post announcing the branch opening that among its features will be giving customers the ability "to transact in cryptocurrency and (Indian rupees) through a single account.". AMBCrypto reported Wednesday (Dec.

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GonzoBanker Awards 2017

Gonzobanker

Strangest Sale of the Year – Was the first-failed and then convoluted spin-off and sale of BankMobile by Customers Bancorp to Flagship Community in Florida. Credit Union Merger of the Year – Goes to Lake Michigan Credit Union and its CEO Sandy Jelinski for acquiring Florida-based community bank Encore. Happy Holidays!