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Contactless Payment Platform FitPay Gears Up for Next Growth Phase

Bank Innovation

EXCLUSIVE – When the co-founders of FitPay, a contactless payment technology provider, agreed to be acquired by security tech company NXT-ID back in May, the primary goal behind the deal was to enable growth for the San Francisco-based startup. And grow it did.

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Postmates Testing Robot Delivery In San Francisco

PYMNTS

Postmates sidewalk delivery robots are coming to San Francisco, but the autonomous service will have a human escort, TechCrunch reported on Friday (Aug. Marble, a San Francisco robot-delivery company, has also applied to deliver within city limits. . and after 6:30 p.m. on weekdays, the report said.

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Blockchain Remains King as Banks Lose Interest in ICOs, Crypto

Bank Innovation

EXCLUSIVE–The potential use cases of blockchain technology in banking continue to captivate bankers, but topics like cryptocurrency and Initial Coin Offerings, or ICOs, may be losing a bit of their edge. This is according to a panel on the subject during Bank Innovation 2018, which wrapped up yesterday in San Francisco.

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12 Startups Showed Their Latest and Greatest at INV Fintech Demo Day

Bank Innovation

EXCLUSIVE - On March 6 in San Francisco, 12 impressive startups demoed their latest in fintech technology at INV Fitnech's 2nd annual demo day. INV Fintech, the sister accelerator to Bank Innovation, is partnered with Fiserv and eight banking partners with over $3 trillion dollars in assets.

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Online Grocer Ocado Acquires Robotics Companies To Drive Automation

PYMNTS

based online grocery, is heightening its automation drive by acquiring two robotics companies. Owning Kindred Systems of San Francisco and Haddington Dynamics of Las Vegas will help Ocado tackle “one of the world’s hardest challenges in robotics, the picking and packing of groceries,” the company said in a press release on Monday (Nov.

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Amazon One Lets Consumers Pay With Their Hand

PYMNTS

But there are plans to expand it across Seattle, New York, Chicago and San Francisco, the company said. Dilip Kumar , Amazon’s vice president of physical retail, told the network the technology had been in the planning stages long before the pandemic. Instead, he said, the palm images are encrypted and stored online.

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Adyen Adds Installment Options To Payments Platform In Deal With Affirm

PYMNTS

Adyen , a FinTech whose payments platform is used by merchants and retailers around the world, is teaming up with San Francisco-based installment payment company Affirm in a new partnership, the companies announced on Tuesday (Nov. This can be done either online or in-store using a QR code, the companies said.