FinTechUpdate

The Real Secret to Venmo is the Social Experience, Says PayPal CEO
The real secret to Venmo is that it's not just a payment transaction, it’s r...
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It Takes Both High-Touch and High-Tech, Says Bank of America CEO
Bank of America has gone massively digital and it is now powering their growth. “We had a billion and a half logins to our apps last quarter,” says Bank of...
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Cloud is Really the New Normal for Financial Services
“Cloud is really the new normal,” says Scott Mullins, Head of Worldwide Financial Services Business Development at AWS. “If you look across enterprise comp...
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Crypto Expert: Bitcoin is More of a Collectible
The co-founder of crypto security firm BlaKFX says that Bitcoin was a great proof of concept and will be around for a long time, but it’s more of a collect...
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Lance Armstrong Invested Early in Uber and May Now be a Billionaire
Lance Armstrong says that he was one of the original Uber investors staking them $100,000 at a valuation of just $3.7 million. There are...
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Cisco: Financial Institutions Struggle With Pace of Technological Change
The pace of technological change is possibly the biggest challenge that financial institutions are facing says Cisco FinTech Lead...
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Box CEO: Digital Transformation Driving Global Growth
The digital transformation which has been powering the growth of many technology companies in the US is now starting to drive growth globally accord...
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Salesforce co-CEO: Who’s Not Going Through a Customer Transformation?
Salesforce is booming and the reason is that virtually every company in the world is going through a huge digital transformation, according to Sales...
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LendingClub CEO Working to Turn It Into a Financial Health Club
The CEO of LendingClub, Scott Sanborn, says that they are really looking to make membership in the club mean something and are working to take Lendi...
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Barry Diller on the Internet Revolution: Really Young, Truly Radical, Very Troubled
Internet pioneer Barry Diller says that the Internet revolution is still really young. He also says that this truly radical revolution is right now...
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We Are Simply a Pawn of The Internet Business Model: Data Collection
The Internet exists to collect your data. We all should realize that everything we do is recorded into huge data sets in order for advertisers to target us better,...
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Brex Raises $57 Million to Launch New Credit Card for Startups
American fintech company Brex has just launched a new corporate credit card designed specifically to assist startups....
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Microsoft Pay Streamlines Online Payment in Outlook
Microsoft is integrating its digital wallet service into Outlook, as...
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