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Toast CEO resigns

Payments Dive

Chris Comparato, who has been CEO since 2015, told the restaurant payments company’s board on Friday that he’ll exit his leadership posts on Jan.

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Citi fined $25.9M over alleged discrimination

Payments Dive

The bank, between 2015 and 2021, denied certain credit card products to applicants with surnames ending in “ian” and “yan,” suffixes that Citi employees associated with Armenian national origin, the CFPB said.

National 396
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Banks and FinTech Partnerships: a Clash of Extremes

Chris Skinner

It was very popular and made my top ten posts of 2015, and Philippe has been kind enough to let me share another … The post Banks and FinTech Partnerships: a Clash of Extremes appeared first on Chris Skinner's blog.

Fintech 418
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FinTech Unicorns: what’s the real number?

Chris Skinner

It’s a lot less than the numbers Jim Bruene threw around two years ago: Fintech Unicorn List Q2 2015: An Estimated 46 Have Arrived + 38 On Their Tails, but then Jim catches firms not caught on other lists such as Square, … The post FinTech Unicorns: what’s the real number? appeared first on Chris Skinner's blog.

Fintech 292
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Financial app Qapital hacks the psychology of spending

Bank Innovation

in 2015, the automation of money movement in conformity with the […]. At first glance, New York-based Qapital, a digital banking, investing and budgeting platform, might look like a challenger bank. But CEO and co-founder George Friedman says Qapital’s offerings are more than just a collection of financial products.

New York 362
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Payments Regulation PSD2 Arrives in Europe

Bank Innovation

Banks across the European Union have been preparing for the revised Payment Service Directive or PSD2 since it was first passed in 2015 by the Council of the European Union. EXCLUSIVE – Major European payments regulation, PSD2 is set to go live tomorrow in Europe. The main objective of this new regulation is to level […].

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Retailers continue to fine tune mobile experiences

Payments Dive

If 2015 was a defining moment for mobile use in retail, then 2016 showed the industry what is possible as merchants continued to fine-tune their app experiences for consumers. And they will continue along that path well into 2017 and beyond.

Retail 320