Tagged: apple

Apple Pay Cash Expected to Hit Europe this Fall

Apple Pay Cash, the feature that will allow users to transfer money using the iMessage App baked into all iOS devices is expected to hit Europe this Fall. This comes after LetsGoDigital noticed Apple had filed for a Trademark in Europe for Apple Pay Cash…. Read More

Apple is Now Partnering with WeChat Pay in China

In a local announcement, Apple added WeChat Pay, part of Tencent, for payments in its App store and online music. WeChat is a social network similar to Twitter that has evolved into providing additional services. Apple already accepts Alipay, part of Alibaba, for payments on… Read More

Report: Fintech Unicorn Transferwise to Allow Fund Transfer via Apple Pay Globally

Transferwise, one of the highest profile Fintech firms in Europe, has added Apple Pay to the list of options its users may leverage to move money around the world. Transferwise has been working with Apple Pay for some time now but according to a report… Read More

Dash Milestone: Passes Apple’s Review Process & Becomes An Approved Digital Currency on the iTunes App Store

Dash, a payments-focused digital currency, announced on Wednesday it has officially been accepted by Apple as an approved cryptocurrency on the iTunes App Store. Speaking about the approval, CEO of Dash Core Ryan Taylor stated: “As Dash continues to expand our user base and ecosystem of services,… Read More

Alibaba Must Acquire Starbucks, WeWork, Airbnb, Uber, Tesla & PayPal

During July 2016, I was part of a delegation of US Fintech executives visiting our counterparts in Hong Kong, Shenzhen, and Shanghai, China. We toured and visited some of the most exciting Fintech platforms in China such as LuFax, CreditEase, Tencent (the creator of WeChat),… Read More

3 Takeaways from Mary Meeker’s 2017 Internet Trends Report

This article highlights three takeaways for Fintech firms from Mary Meeker’s 355-page-long report: 1) The Internet’s center of gravity shifts to Asia; 2) The biggest get bigger; 3) Fintechs must use gamification to improve customer engagement. Since 2001, Mary Meeker, a Partner at venture capital… Read More

Venmo Killer? Apple Makes it Easy to Transfer Money to Friends with P2P Payments

Different form of peer to peer payments, like Venmo or Square Cash, have quickly become a popular method to send money to friends. This shift from physical to digital has further relegated cash to novelty status as the sheer convenience of tapping a few buttons and… Read More

FIN Opposes Elements of CHOICE Act: Do Not Repeal Debit Reforms

Last week Financial Innovation Now (FIN), an alliance of companies which includes Fintech behemoths innovator Amazon, Apple, Google, Intuit and PayPal, spoke out against language used in the Financial CHOICE Act that would repeal debit swipe fee reform. In a letter penned by FIN Executive Director Brian… Read More

Apple Inc. Expected to Launch Venmo Competitor, Apple Cash

ReCode is out with a report that Apple (NASDAQ:AAPL) is expected to push further into the Fintech space by providing a Venmo-like peer to peer money transfer service. Jason Del Rey, writing for ReCode, predicted the new service would be called Apple Cash – thus… Read More

Financial Innovation Now Submits Recommendations to Senators Crapo & Brown as to How to Boost the Economy

Financial Innovation Now (FIN) has submitted their recommendations to Senators Crapo and Brown, the Chair and Ranking Member on the Senate Banking Committee, as to how best to improve Economic Growth. The proposals follow a public request by the two Senators asking members of the public… Read More

Financial Innovation Now Tells CFPB to Examine, Not Regulate, Consumer Access to Digital Financial Records

The Consumer Financial Protection Bureau (CFPB), launched an inquiry into consumers seeking access to their financial records.  At the time of the announcement, CFPB Director Richard Cordray stated; “Consumers should be able to use their financial records and account information and securely share access in… Read More

Crowdfunding & Fintech Predictions for 2017

Last year due to time constraints I was unable to publish my list of Crowdfunding/Fintech predictions for 2016. This year I am back once again, for better or worse, peering deep into my crystal ball with a list of prognostications for the coming year. The… Read More

Online Funding Platform PrimaryBid Unveils New Smartphone App

PrimaryBid, an online funding platform that enables investors to gain access to placings of AIM-listed companies, announced on Monday the launch of its first mobile app, which is now available for both iOS and Android devices. The website revealed that extension of its service on… Read More

Australian Government Eyeing Big Banks to Prevent Blockchain Monopolization

The Australian Competition and Consumer Commission (ACCC), an independent arm of the Australian government that aims to regulate competition in the market and uphold national consumer law, has been closely eyeing four big banks to prevent attempts of monopolizing the blockchain industry in fintech. The banks… Read More

Financial Innovation Now: Big Tech Educates Policy Makers on Benefits of Fintech

Apple, Google, Amazon, PayPal & Intuit Provide the Firepower Behind Fintech Advocacy Group Financial Innovation Now. Back in the fall of 2015, an announcement was made regarding the creation of a new public policy coalition representing some of the largest names in tech: Apple, Google,… Read More

Apple, Google, Amazon: Current Regulatory Requirements Protect Incumbents from Fintech Competitors

In November of 2015, a group of well-known tech names banded together to create a new lobbying entity to lobby Capitol Hill on Fintech and financial regulations. Financial Innovation Now is a unique alliance of Apple, Google, Amazon, Intuit and Paypal joining in one specific… Read More

Kickstarter Becomes One of Sixteen Companies to File Amicus Brief in Support of Apple’s Privacy Case

On Thursday, Kickstarter announced it has filed an amicus brief with sixteen other companies to support Apple in its fight to protect the privacy and security of its millions of customers. Following the devastating shooting in San Bernardino last December, a federal court ordered the technology giant… Read More

PUGZ Creators Fail to Receive Apple MFI Approval; Announces Delivery Delay

Earlier this summer, Swedish startup PUGZ took to crowdfunding platform Kickstarter to raise funds for its new wireless earbuds. Described as “world’s first” wireless earphones that  allow users to charge them through smartphones, the key differentiator in PUGZ earphones UX is the company’s patented self-guiding… Read More

Apple Watch Problem? No Worries Says Pebble Watch Founder Eric Migicovsky (Video)

Is the Pebble Watch feeling the Apple smartwatch pain?  Not so, explains Pebble Watch founder Eric Migicovsky. In a brief interview with CNBC, Migicovsky explains that Apple has brought a “ton of attention” to the wearable tech sector. He states Pebble has experienced “no material… Read More

Apple, Google, Amazon Band Together to Lobby DC on Future Financial Services

The Future of Banking is Online. Tech Titans Want to Lead the Way as Financial Innovation Now Coalition Announced. All financial services are being turned upside down as the relevance of brick and mortar locations and surly customer service representatives is diminishing.  Big tech, including… Read More