Ripple, the blockchain payments company, is gearing up to invest in startups and technology firms that create more uses for its cryptocurrency XRP. In an interview with TechCrunch on the sidelines of Money2020, the payments conference currently being held in Singapore, Brad Garlinghouse, CEO of...
The whole point of startups is to do things differently than mainstream players, and that is exactly what these companies are doing with automation, interoperability and digital currency initiatives. Why should organizations say “yes” to purchase order matching and “no” to cryptocurrencies? Why bother making...
What if bitcoin were actually a coin? FitPay has made it one. Flip, a new contactless payment device that the startup just made available for preorder, is a literal plastic coin resembling a casino chip or silver dollar that pairs with a cryptowallet on a...
The irony of cryptocurrency is that, the more mainstream it gets, the less it’s able to do what it was designed to do — that is, transfer monetary value between parties. That, said nanopay CEO Laurence Cooke, is why it will never have a future in...
Payments has a balancing problem, according to Modo CPO Matthew Leavenworth. There are two forces at odds, said Leavenworth: The growth of new ideas, entrants and true innovation in payments versus existing legacy systems — which often still function as designed, he noted, and weren’t...
Amazon and Alibaba may be the most high-profile eCommerce marketplaces, but they are far from the only ones, especially in smaller international markets, where hundreds of platforms are aggregating wares from hundreds of sellers to serve more local clientele. Reaching underserved customers is a good...
The Financial Conduct Authority (FCA) and the U.S. Commodity Futures Trading Commission (CFTC) announced Monday (Feb. 19) that they had inked a deal to collaborate and support FinTech initiatives called the Cooperation Arrangement on Financial Technology Innovation (FinTech Arrangement). According to a press release, the...
Banco Bilbao Vizcaya Argentaria S.A (BBVA)-backed U.S. digital banking startup Azlo is poised to open its digital doors this week, coming out of a pilot phase that has lasted for several months and focused on a small group of clients, Reuters reported Thursday. The startup, which...
Tom Brady hasn’t let losing Super Bowl LII get him down. The New England Patriots quarterback is launching a new sports media startup, along with former New York Giant (and now Good Morning America host) Michael Strahan. According to TechCrunch, the startup, called The Religion...