Neelam

18 Added | 2 Magazines | 13 Likes | 3 Following | @PatilNeelam | FinTech enthusiast

Infosys launches EdgeVerve blockchain-based banking platform

Indian IT and outsourcing giant Infosys has launched a blockchain platform designed to allow banks to deploy a range of services on a scalable …

Blockchain

British government considering blockchain for student loan payments

LONDON — The British government is considering the use of blockchain technology, the backbone behind the Bitcoin currency, as a method of …

This New Kind Of Credit Score Is All Based On How You Use Your Cell Phone

In the developing world, where it can be hard to build good credit, banks are finding new ways to tell if people are too risky for loans.<p>When you apply for a credit card or a loan in the United States, most banks and retailers will turn to one of the three major credit reporting agencies–Equifax, …

Identity Theft

Cracks are spreading in the online industry out to disrupt the banks

Startups like LendingClub, Prosper, and Sofi — which have set out to disrupt traditional banks — are scrambling for new ways to boost revenues and funding as investors lose interest and regulators raise questions about their business models.<p>LendingClub last week had to raise interest rates for …

Morgenthaler

First Data Takes On Square With Clover Go

Share Email<p>It would appear that First Data is circling Square — as prospective competition, that is.<p>The commerce technology company announced on …

FinTech

Chase announces its QR code-based Apple Pay competitor w/ CurrentC

Yet another bank has announced today that it is launching its own mobile payment solution. At the Money20/20 conference in Las Vegas today, Chase announced that it is launching Chase Pay. Chase Pay is digital wallet solution similar to Apple Pay that allows users to pay with their phones at retail …

FinTech

CircleBack Lending Completes its First Securitization of $106 Million in Consumer Loans

BOCA RATON, Fla., Jun 26, 2015 (GLOBE NEWSWIRE via COMTEX) --<p>via PRWEB - CircleBack Lending, Inc. has completed the first securitization of consumer …

Mobile Payments Showdown: Apple Pay vs. Android Pay vs. Samsung Pay

The question you should be asking isn't whether one of these is better than another—but is the one you have better than credit cards.<p>This week it was …

Kerv Smart Ring Forged by Contactless Payment Innovator

To continue reading this article you must be a Bloomberg Professional Service Subscriber.<p>If you believe that you may have received this message in …

Contactless Payments

The 10 Hottest Swiss Fintech Startups

A long with being one of the most efficiently regulated and supervised financial centers in the world, Switzerland is trying to emerge as a fintech …

Investment giant Fortress just made a big bet on online lending

Multi-billion dollar investment manager Fortress is loaning $150 million to online lending startup ZestFinance, marking a big bet on its nascent …

The Future of Banking

Four Scenarios<p>The fact that the financial services industry, and especially banking, is going through the greatest disruption since the arrival of …

AccessPay opens new sales office in India

With enormous potential for growth within the Indian financial services sector, AccessPay has confirmed its commitment to the Indian payments and …

Payment Processing Dominates Exits in the Payments Space

M&A activity in payments technology is dominated by payments processing, including such companies as Evertec and Qiwi. These companies represent …

FinTech

'Whatsapp for money' app, Chillr raises $6M in Series A funding from Sequoia Capital

Hi Backwater Technologies that operates Chillr, a multi-bank mobile payment app recently announced that it has raised $6 million (INR 40 Crores) in …

Mobile banking largely an urban phenomenon, says RBI arm

Hyderabad, October 4:<p>Mobile banking has finally arrived in urban and semi-urban areas. About 90 per cent of the users of mobile banking are from …

B2B Data Digest: Ups And Downs

Share Email<p>The economy is all about ups and downs, and in the world of B2B, those fluctuations give rise (and fall) to some interesting patterns. …

eCommerce