Venmo Is Secretly Prepping a Physical Debit Card for Launch
One of the major goals of FinTech app developers is to disrupt the way banking is done (after all, who trusts the banks?). Lately, digital payment services are doing that by offering services that make them more bank-like, such as issuing their own plastic. Square Cash recently debuted its debit card, and Apple unveiled its […]
Paris Takes on London as FinTech Capital in Wake of Brexit
This time last year, few developers would think of the Parisian tech scene when they thought of FinTech and mobile banking app development. In the wake of Brexit, the tech community is starting to see that change. Just this week, Paris held it’s first FinTech Forum event, highlighting exciting work going on in the French […]
FinTech Apps are Leading the Pack in AI and Chat Interfaces
Bots were the hot app development trend of 2016, but they haven’t proved to have much mainstream staying power across all app categories. One place they have, however, is FinTech — where San Francisco app developers have found a tech-friendly market of millennial users growing more interested in mobile money-management solutions. While mobile banking concepts like […]
Mobile Forecast: Where Will FinTech Be in Five Years?
FinTech is an exciting place for Los Angeles app developers to be right now. Startups have been disrupting everything from stock trading to credit card payments, translating to big wins for smartphone users and financial institutions alike. Perhaps the best part of the FinTech revolution has been watching how it’s opened up opportunities for lower-income […]
Mobile Banking Sector Experiencing Exponential Growth
The Federal Reserve Board recently released the results of its fourth annual study of consumers’ online banking behaviors, which revealed a strong continued trend of upward growth. Key findings include sustained increases in the number of smartphone users who have full access to online banking services, and in the number of people who do some […]
Banks Hungry to Cash in on “Apple Pay” Mobile Commerce
U.S. banking giants are in a race to entice Apple Pay subscribers to select their branded cards when they set up their payment options. Various media outlets have reported that while every major bank in the country has set aside a sizeable “war chest,” Apple is imposing strict guidelines on how financial institutions may and […]
Apple Pay Marks Major Leap for Digital Payments
In addition to unveiling the Apple Watch and the new iPhone 6 models, Apple also revealed plans to sync up both devices with the Apple Pay digital payment system. The move will allow users to complete online and point-of-sale payments with their smartwatches and smartphones. Apple Pay uses near-field communications (NFC) technologies to allow connected […]