Issue 13 · Sep 28, 2015 Weekly edition · 2 min read

FinTech News

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Andrea Simon article on What Gen-X And Gen-Y want from a Bank

If Gen-X and Gen-Y consumers could create their own “bank of the future,” what would they create? And how would that differ from what banks think?

Read the full story ↗

In this issue · 4 items

We Deserve Better Payment Products From between the early 1970s and 2015, you can count the number of consumer payment innovations that have been widely used by people in the world on one finger: PayPal. Beyond PayPal, the rest of the payment innovations that are widely used today were all created before the Internet existed. Open story ↗ Double spending in Bitcoin In this article I will discuss double spending against merchants in Bitcoin, analyse a couple of real cases and describe several proposed schemes to make it harder. I’ll also explain the plan we’re implementing in the bitcoinj project that I lead. Open story ↗ Idea Bank chases 'Uber of banking' tag with mobile ATM fleet Poland's Idea Bank is taking a novel approach to the mobile banking phenomenon, with the launch of a fleet of automobiles fitted with ATMs that can be summoned by smartphone. Open story ↗ BBVA Compass and Dwolla Launch Realtime Payment Service Money movement service Dwolla and BBVA Compass Bancshares, the Birmingham, Ala.-based bank, have struck a deal to provide a realtime payment service. Called FiSync, the service is said to move money “faster than a web page takes to load” for BBVA Compass account holders making payments. Open story ↗

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