mobile banking and m-payments

Visa, Branch $170M partnership could be a game changer in the mobile loans and payments arena

As credit goes digital, old distinctions between different forms of credit are becoming blurred. Mobile Loans become credit cards. Credit cards become mobile loans (See Apple Card). “Virtual” cards abound. Branch are the latest to illustrate this point. The company announced a partnership with Visa this month. The mobile lending app says it has partnered…

No card number. No CVV. No expiry date. No expiration date. No signature. Apple reimagines the Credit Card

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Amidst a cacophony of new product announcements, Apple released something that might just be truly special today. Touted as a privacy aware credit card built for the iPhone, the Apple Card is built into the Apple Wallet app on iPhone, offering customers a familiar experience with Apple Pay and the ability to manage their card…

Old bankers don’t steal, they just borrow without security : Lessons from Chase Bank on how FinTech alone can’t save a bank.

Chase Bank (no relation to its American namesake) was placed under receivership last week. The bank often touted itself as a key leader in FinTech and banking innovation in Kenya. When it shut its doors last week 55,000 account holders – mostly tech savvy, upwardly mobile youth – were left stranded.  KES 92 Billion (USD…