Why limit banking alerts to one-way notifications with customers? A new service from Monitise PLC gives customers a chance to communicate back – right away. Monitise today announced the launch of Alerting+, a next generation consumer-alerting and engagement service. Financial institutions using the service can...
You know the problem is serious when Visa and MasterCard come together on something. And the recent spate of merchant data breaches and fraud is the latest example. On Friday, the two bankcard brands formed a cross-industry group whose primary focus is to enhance payment...
By: Eileen Goode (@eileengoode) When businesses are paying each other, checks remain the dominant vehicle, representing on average nearly half of all B2B payments. Their primacy, however, is slipping. In 2004, 81 percent of payments were made by check, but by 2013 the rate had...
Q. What do you get when you cross the CFPB, the FTC and Six Alternative Lending CEOs? A. One heck of a conversation about the future of innovation in the financial services space. At The Innovation Project 2014, will CFPB Deputy Director David Silberman and FTC Commissioner Julie...
The crisis du jour for the Bitcoin community yesterday was the collapse of Mt. Gox amid rumors that hundreds of millions of dollars worth of bitcoins had been stolen. While some cynics are claiming this is the death of this cryptocurrency Bitcoin backers are rallying...
The market for general-purpose reloadable cards is maturing, and the age-defining changes are putting a new image on the prepaid market. Yet various issues also persist, including insufficient regulation that could be putting cardholders at risk, according to a new report. Pew Charitable Trusts, which...
Cozy, developer of a rent payments and tenant screening platform, has added a solution for requesting credit checks on potential residents. Cozy’s CEO and co-founder, Gino Zahnd, says the new solution helps landlords save money and results in greater accountability between them and new renters,...
Virtual Piggy, developer of the youth-oriented online wallet Oink, says the Discover Network will power its service. The company will launch the updated service in the U.S., followed by launches in Europe and Asia later in 2014, according to a company statement. “Discover and Oink...
Helping Millennials manage their money more effectively is the central purpose of Level Money, a mobile app created by Jake Fuentes and Frank Yeary. Fuentes spoke with PYMNTS.com earlier this year, and now the company is preparing for The Innovation Project 2014 next month. Fuentes spoke...
