article thumbnail

FitPay Founder & COO Michael Orlando Joins Bank Innovation 2018

Bank Innovation

EXCLUSIVE- Michael Orlando, founder of FitPay, a provider of payment technology for wearables, has joined the speaker faculty for Bank Innovation 2018, which takes place March 5-6 in San Francisco. The company went on to be acquired by security technology company Next-ID Inc., Orlando founded FitPay in 2014.

article thumbnail

San Francisco Official Wants Tax On Robots That Put People Out Of Work

PYMNTS

With a growing number of automated machines performing jobs and tasks that could eliminate jobs, one San Francisco official is pushing a statewide “tax” in California on robots that put people out of work. For some, though, the issue is more about safety than job security. jobs are lost to automation.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Amazon Launches Wi-Fi Security Subscriptions

PYMNTS

Amazon is rolling out new subscriptions for eero , the security service that it acquired last year. Founded in San Francisco in 2014, eero’s systems blanket every room of a customer’s home using high-performing, reliable Wi-Fi. eero Secure is available for $2.99 per year, while eero Secure+ is available for $9.99

Security 148
article thumbnail

Can Banks Solve their Small-Dollar Loan Problem with Fintech Partnerships?

Bank Innovation

Aura, a San Francisco-based fintech offering affordable loans to low to moderate-income households, wants to partner with banks to offer those loans to consumers who have traditionally been unable to secure them from larger institutions.

article thumbnail

12 Startups Showed Their Latest and Greatest at INV Fintech Demo Day

Bank Innovation

EXCLUSIVE - On March 6 in San Francisco, 12 impressive startups demoed their latest in fintech technology at INV Fitnech's 2nd annual demo day. INV Fintech, the sister accelerator to Bank Innovation, is partnered with Fiserv and eight banking partners with over $3 trillion dollars in assets.

article thumbnail

Contactless Payment Platform FitPay Gears Up for Next Growth Phase

Bank Innovation

EXCLUSIVE – When the co-founders of FitPay, a contactless payment technology provider, agreed to be acquired by security tech company NXT-ID back in May, the primary goal behind the deal was to enable growth for the San Francisco-based startup. And grow it did.

article thumbnail

Startup Brex is raising money at a valuation above $2 billion

Bank Innovation

is close to securing new funding at a valuation north of $2 billion, according to people familiar with the matter. The San Francisco-based startup — whose main business is providing corporate credit cards to tech companies, startups and their employees — had previously raised money at […].