Tagged: venmo

Zelle Says “We heard you needed a better way to pay”. But is Anyone Listening?

Zelle, the erstwhile Venmo killer, is the creation of a cabal of traditional banks. As of this month, 86 million mobile banking customers will be able to utilize the peer to peer payments platform to send money via mobil banking apps. The list of the… Read More

PayPal Directors Hit With Class Action Suit from Shareholders Over Venmo

  On March 24, 2017, shareholders of PayPal Holdings Inc., the parent company of mobile-payment provider Venmo, filed a derivative suit against its directors in the District Court of Delaware. A derivative suit is a form of class action in which shareholders can sue company… Read More

Can Zelle Replace Venmo? Banking Giants Fight Back.

Does “Can you Zelle me the payment?” have the same ring to “You can just Venmo me?” A company knows that it has made it when people turn its name into a verb, as Venmo and Uber (despite its bad press these past few weeks)… Read More

60 Minutes on Fintech: HENRYs Hate Traditional Banks (Video)

Perpetual television news magazine 60 Minutes has finally gotten around to addressing the Fintech movement. 6o Minutes has been on the air since before most of the people reading this were born (1968). The doyenne of the show, Leslie Stahl, tackles the Fintech topic that… Read More

Millennials & Banks: Hate’s a strong word. They don’t care.

  “Millennials hate their banks” is a common phrase thrown around in some circles.  I’m not sure it’s true. I’m not sure young people care about banks at all, in any practical way. For a long time, people have thought of “banks” as an all-encompassing… Read More

Bond Street Co-Founder & CEO David Haber Aims to Be the Financial Advocate for Every Business Owner

  David Haber is the co-founder, CEO and visionary behind Bond Street, an online lender that empowers small businesses by providing financing in a simple, transparent and fair way. Haber leads Bond Street’s overall company vision, strategy, fundraising and business development functions. Through Bond Street, Haber aims to… Read More

Brief: Tilt’s James Beshara Talks The Future of Crowdfunding

Taking a time out from his duties at crowdfunding platform, Tilt, co-founder and CEO James Beshara shares his thoughts about the funding method and its future with Fortune magazine. While discussing funding method’s growing popularity over the past few years, Beshara explained,”The amount of attention… Read More