BankTech

Overview of FinTech Patents: Infographic by Relecura

The financial technology (FinTech) sector is undergoing a digital revolution. Several startups and newer companies are challenging the incumbents, using digital platforms to deliver products and services more efficiently and employing better business models. We came across a very interesting infographic created by Relecura which gives an overview of the...

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Enabling Technologies

Mobile Payments Surpasses E-Commerce as Top Trend Impacting Consumer Spending, According to CAN Capital Survey

Despite proliferation of mobile wallets, in-store debit and credit transactions still considered most secure (New York, NY) [Press Release] – According to industry professionals, the growth of mobile payments technology is overtaking e-commerce as the largest trend impacting the spending habits of today’s retail consumers. That’s from a new survey...

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Lending

SMB Lending Technology Provider Mirador Secures $7M Series A Round

Lending-as-a-service provider Mirador has landed $7 million in its Series A round of financing. The investment was led by Core Innovation Capital, with participation from Nyca Partners and Jump Capital. Initial seed investors Collaborative Fund, Wicklow Capital and Crosslink Capital also followed on in this round. The year-and-a-half-old FinTech company...

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BankTech

Axis Bank Launches Display Debit Card for NRE Customers

First Indian bank to offer Display variant of Debit Cards Currently launched for NRE customers Customers can generate the OTP (One Time Password) on the card itself, thereby ensuring hassle free transactions. Mumbai [Press Release]: Axis Bank, India’s third largest private sector bank, today announced the launch of the Display...

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Payments

Swatch Ties up With Visa to Enable NFC Payments

Swatch SA and Visa Inc., along with Visa Europe, have signed an agreement providing eligible Visa cardholders in the US, Switzerland and Brazil the ability to tap and pay with Swatch’s forthcoming “pay-by-the-wrist” watch Swatch Bellamy. Scheduled to launch in early 2016, Swatch Bellamy can be used globally, in any...

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