Legacy banks and FinTech firms are looking to create digital-only banking services to capture consumer interest in using smartphones for their banking needs. In information technology news, the U.S. — and the federal government in particular — needs more cybersecurity experts. Urjanet, which collects and aggregates consumer utility data, is adding...
There is no shortage of wonders in payments and commerce, which are advertised as the next big disruption in how consumers transact. Instant payments, voice and visual search, AI/ML digital card management – there are all kinds of promising possibilities. But while a promising horizon...
Mobile point-of-sale (mPOS) providers are catering to the needs of small and medium-sized businesses (SMBs) as the use of contactless payments heats up around the world. Last week, the jobs report beat analyst expectations and demonstrated a solid rebound from an unusually weak February. In...
The gig world is becoming a mainstream part of the economy, and workers are pursuing specialized jobs in the space. Last month, the all-in-one platform for solo entrepreneurs HoneyBook announced a Series C round. In retail, RADAR’s inventory technology could significantly shape the store experience....
Consumers are willing to bank with non-financial institutions – particularly big-name brands – if they are able. FIs are flagging when it comes to deployment of financial products and new technologies. In retail, pet marketplace Good Dog raised funds as it seeks to connect prospective...
Credit union (CU) associations and service providers are pushing for the adoption of technology to help with security and compliance. In retail, Western Union has teamed up with Dollar General to let customers initiate money transfers digitally and pay in person at the merchant’s stores....
Quick-service restaurants (QSRs), as well as third-party apps, are devising strategies to convince consumers to choose them over rivals in the competitive mobile order-ahead space. On Tuesday (April 2), online catering marketplace ezCater announced it has raised capital through a funding round to scale its platform. Homelight,...
Storing a card on file is an integral part of the shopping experience for many consumers, as eCommerce continues to explode across the retail landscape. Late last month, SentiLink, which uses technology to detect and prevent synthetic fraud, raised $14 million in a Series A...
Woody Allen once supposedly said 80 percent of success is just showing up. Beyond that, in business and in life, showing up on time counts for a lot, too. So it is with payments, where speed counts. The movement toward faster payments and peer to peer (P2P)...
