Jennifer Polito

92 Flips | 2 Magazines | 1 Follower | @jenn2ns | Keep up with Jennifer Polito on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Jennifer Polito”

The Stratos All-In-One Credit Card Isn’t Perfect Enough

The anxiety hasn’t worn off yet. I’ve used the Stratos credit card for three weeks now and I’m still unsure if it will work for every transaction. It makes me nervous. That’s a problem for a device that promises to consolidate credit cards. For now, until the anxiety subsides, I’m carrying the …

MasterCard Send Speeds Up Money Transfers With A Little P2P Magic

Sending money is hard. Sure we’ve got bitcoin for some and PayPal for some more and the horrible SWIFT and ACH systems for the rest of us schlubs but no one has quite cracked the money transfer trick. MasterCard Send is a good start.<p>Created as an effort to follow the Federal Reserve initiative …

Stripe Now Has An iPhone App For Monitoring Payment Activity

Stripe, a service that companies can use to accept payments, has a new way for businesses to track purchases and user activity — an iPhone app.<p>The new iPhone app does basically everything its existing online dashboard does, but brings it to an interface more suited for a mobile device. Businesses …

PureWrist Puts Contactless Payments Inside A Bracelet

Launched on Indiegogo last week, PureWrist is a fashionable silicone bracelet that contains an embedded NFC payment chip that lets you go through life without Apple Pay.<p>The chip inside the bracelet is powered by the same technology found in Apple Pay and NFC-enabled credit cards. This allows …

Bitreserve Launches API For Its Currency Conversions And Payments Platform

Bitreserve, the currency conversion and transaction platform based on Bitcoin that was launched by CNet founder Halsey Minor, has created a platform for application programming interfaces (APIs) and has signed agreements with partners who are using the service.<p>“It’s a big part of our strategic …

The Next Fintech Sandbox

It’s a new day for how we interact with money. You can pay for your morning latte without reaching for a credit card, let alone cash. Most of the recent buzz around financial technology focuses on power players such as Square and Venmo — fintech products that allow users to accept payments or …

Magic Johnson Is Joining Square’s Board Of Directors

Square is bringing in Earvin “Magic” Johnson to its board of directors this summer.<p>The former basketball player is one of the most successful business leaders in America and a great get for Square’s board. He is not only an NBA Hall of Fame legend but also a formidable business leader, running the …

Your Bank Should Be More Like Your Waiter And Less Like Your Landlord

The financial services industry in America is locked into a business model of exploitation. For far too long, this has gone largely unchecked and unquestioned, even when advances in technology mean it doesn’t have to be so.<p>Is It All In Our Heads?<p>Technological advancements in everything from …

Credit Karma Has Raised $175M On A Valuation Of $3.5B, As It Looks To An IPO In The Next 1-2 Years

The rush of funding for fintech startups continues. TechCrunch has learned and confirmed that Credit Karma — a platform that provides credit scores to users but also serves as a portal for people to search and apply for various financial services like loans, credit cards and insurance — has raised …

5 ways technology is transforming finance

<b>New report:</b> <i>The Future of FinTech: A Paradigm Shift in Small Business Finance</i><p>For decades, banks and insurers have employed the same relatively static, …

Innovation

PromisePay Raises $2M to Help Online Marketplaces With Payment Processing

One of the biggest issues with online marketplaces is that buyers and sellers rarely know or trust one another, which often leads to disputes between the two parties. PromisePay aims to fix this issue by providing marketplaces with a payment platform to manage the entire transaction.<p>The company …

Tango Card And Snapcard Partner To Bring Bitcoin To Rewards Programs

People can now add loyalty rewards programs to the way they can acquire bitcoin thanks to a new partnership between the online rewards system Tango Card and the bitcoin wallet Snapcard.<p>Traditionally, bitcoin was acquired either by mining — solving complex algorithms with a computer to unlock new …

SlimPay Grabs $16.6 Million To Build The Definitive Recurring Payment Solution

French startup SlimPay just raised $16.6 million (€15 million) from Prime Ventures for its payment processing solution. SlimPay is all about making recurring payments in Europe as easy and seamless as possible.<p>In a few clicks, you can set up SEPA bank account debits without having to mail an …

The Future Of Finance Is In Real Time

In a world of decreasing size and rapidly increasing technological development, the financial sector needs to keep up at the same pace. While physical supply chains have improved to keep track of the digital world, the financial supply chain has not kept pace.<p>The race toward real-time financial …

Citibank Is Working On Its Own Digital Currency, Citicoin

In a move that should be of no surprise to anyone familiar with the space, Citibank has admitted to running a test platform for digital currencies and is pondering its own solution, CitiCoin.<p>According to the International Business Times, Citigroup has built its own digital currency based on bitcoin …

Mobile Payments: Moving Towards a Trillion Dollar Industry

Five years ago, the notion of paying for items via your smartphone was seen as something of a novelty. Although brands such as eBay managed to …

Inside Visa's Digital Enablement Program

Share Email<p>Visa’s Digital Enablement Program (VDEP) may have launched just a few weeks ago, but its roots are almost 50 years old.<p>That’s how <b>Jim</b> …

Fastacash Raises $15M To Enable Payments In Your Favorite Social Networks And Apps

“If I can send you a photo on Whatsapp, why can’t I share money with you, too?”<p>That’s the thesis behind Fastacash, a Singapore-based fintech startup that today announced a $15 million Series B funding round led by Rising Dragon Singapore. Life.SREDA, UVM 2 Venture Investments, and undisclosed …

QR codes

Credit Benchmark Gets Further $20M For Its Consensus Credit Risk Platform

A year on from an Index Ventures-led $7 million Series A, London-based fintech startup Credit Benchmark has extended its runway with a $20 million Series B. The startup is building a platform aimed at improving financial market benchmarks and risk assessment analysis by aggregating anonymized …

Visa pumps money into payments startup Stripe, now worth $5 billion

The news was reported earlier by Re/code and the New York Times.<p>Stripe sets itself apart from other payments services by being the programmer-friendly backend "plumbing" that enables apps and online stores to take payments from anybody, anywhere.<p>Stripe counts companies like Facebook and Lyft as …

Square Launches Dashboard App For iOS So Businesses Can Track Sales In Real-Time

Over the past few years, Square has evolved from being “that payment company with the recognizable dongle,” to an indispensable part of the technology stack for quite a few businesses. It’s not just about accepting the payments anymore, it’s about managing your business with software.<p>Today, Square …

PayPal 'credits' US man $92 quadrillion in error

<b>Online payments broker PayPal has admitted it erroneously credited a man with $92 quadrillion (£60 quadrillion).</b><p>Chris Reynolds, 56, of Pennsylvania, found the amount when he opened his monthly statement.<p>But the error was quickly recognised and his account had returned to zero by the time he had …

Mobile payment processor iZettle takes on rivals with a price slash of up to 45%

The mobile payment processor iZettle is rolling out a feature called Smart Rate which will see the percentage it takes of each transaction fall for qualifying merchants.<p>The feature, which is only available in the UK initially, cuts the rate that iZettle users have to pay on each transaction …

How PayPal's App Update Could Reinvent The Company

What is PayPal? A new update to its mobile apps, set to be unveiled today, had me thinking about that question. If PayPal executes well on the opportunities it’s exploring, it may have many millions of its users rethinking the money-moving service, too.<p>The brief version is that the old PayPal, born …

Video Didn't Kill the Radio Star, but the Debit Card Is Killing the Check

Commercial checks are down from 70 million per day in '89 to about 25 million now.<p>A little more than a decade ago, American businesses issued more than 70 million checks a day. In the first quarter of 2013, daily commercial check volume was down -- way down, about two-thirds off its peak -- to …

Payment Provider Stripe Launches Private Beta in Germany

Stripe is launching its online payment processing service in Germany as a private beta today, expanding the number of developers that can use the platform to accept card transactions on the Web.<p>The company teased the news over on its Twitter account a little earlier:<p>It follows a similar private …

Selling Banking Solution – POC Enabler or an Hurdle ?

Working in the banking industry for the past 15 years, and in one of the largest standard software companies in the world (SAP) in the past 9, …

Mobile Payments Poised To Explode With The Aggressive Rollout Of Consumer And Merchant-Side Apps

Consumers are beginning to see the advantage of channeling offline payments through their mobile devices, rather than carrying around clunky coins and cash — even debit and credit cards. Consumers are primed to go wallet-free and begin paying for goods and services via their mobile devices, and as …

Mobile Is The Future Of Payments — Here's Why There's Virtually No Ceiling To The Opportunity

The habit of paying for things on smartphones and tablets is already ingrained in modern consumer society, particularly among young demographics. In the same way digital payments companies like PayPal helped usher in the PC-based e-commerce explosion, mobile-focused companies are exploring how to …

How replacing Java with JavaScript is paying off for PayPal

PayPal reveals that writing server-side software in node.js rather than Java is allowing it to serve web pages more rapidly and simplifying web …