Pascal SpelierAmazon launches Amazon Cash, a way to shop its site without a bank cardverified_publisherTechCrunch - Sarah PerezAmazon this morning announced the launch of Amazon Cash, a new service that allows consumers to add cash to their Amazon.com balance by showing a barcode at a participating retailer, then having the cash applied immediately to their online Amazon account. The service will support adding any amount …
Freek RoelofsNow you can send money internationally through Facebook Messengerverified_publisherMashable - Emma HinchliffeSend money across the Atlantic with Facebook Messenger. Sending money on Facebook is finally international. A new bot released on Facebook Messenger on Sunday lets users send money to and from the United States, United Kingdom, Canada, Australia or Europe. Powered by TransferWise, the bot completes …
Freek RoelofsInnovate or die: Top tech trends in bankingverified_publisherTNW - William WattersonWhether it’s social unrest or an economic downturn, it’s easy to blame banks when things go wrong. But banks have developed and survived over the course of thousands of years – the earliest bank prototypes were in Assyria around 2000 BC – because we need them for both our commercial and individual …
Pascal SpelierWhy the largest insurance companies are pouring into Silicon Valleyverified_publisherTechCrunch - Ali SafaviHave you ever wondered why the word “farm” appears so frequently in the names of American insurance companies? It stems from the dissatisfaction farmers felt after being charged the same insurance premiums as city dwellers, despite leading far less risky lives. This pushback led to a monumental …
Pascal SpelierThe Coming Millennial FinTech Crisispymnts.com - PYMNTSIt’s a fact. While they enjoy many FinTech innovations, most millennials don’t have a snowball’s chance of earning more than their parents — ever. How …