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UK’s digital-only Starling Bank adds Apple Pay support
Digital-only UK “challenger” bank, Starling Bank, has added support for Apple Pay — meaning its customers can now add their Starling debit card to their Apple Wallet and make contactless payments drawing from funds in their Starling account via their Apple devices. Cadre and Point are betting that the best way to win in real estate is to disrupt the market
On the stage of TechCrunch Disrupt, the founders of two of the hottest startups in real estate, Cadre and Point articulated the inefficiencies of today’s real estate markets and expressed optimism in their ability to use innovative markets to benefit investors and homeowners respectively. Cadre is an exclusive startup that connects real estate investors to… Read More
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Current launches a Visa debit card for kids that parents control with an app
A startup called Current is today launching a new way for parents to dole out allowances to their kids: with an app. The company offers a Visa debit card that would allow teenagers to shop in stores or online using funds from their own bank account, which is funded through allowance money that mom or dad transfers from their own bank account. Parents can use the accompanying mobile app to… Read More
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Dell Technologies Capital emerges from stealth, announces over 70 investments
Most venture capital funds that have 27 exits under their belt are not in stealth. In fact, most venture capital firms today don’t even know what 27 exits looks like. But Dell Ventures, in stealth until today, has been steadily investing at a rate of about $100 million per year. The group certainly knows what the market is willing to buy. It’s seen nearly 37 percent of… Read More
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Twilio stock plummets as major client Uber distances itself
A good report on revenue wasn’t enough to keep Twilio stock from taking a dive in after-hours trading. What at first glance appeared to be a positive story very quickly divulged into a financial nightmare. Shares in the cloud-communications company have fallen 27 percent in after-hours trading. On the earnings call, CEO Jeff Lawson addressed the unexpected guidance by explaining that… Read More
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Machine intelligence is the future of monetization for Facebook
That was effectively the only conversation missing from Facebook’s F8 conference — an event that even made time for a progress update on a moonshot project that might one day allow us to hear through our skin. Perhaps that’s the luxury of a company whose advertising revenue is up 57 percent year-over-year. But don’t misconstrue unseen for unimportant. Behind… Read More
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Sift raises $1.5 million to unlock your credit cards
Did you know that your credit cards can do amazing things? Aside from drawing you into crippling debt while forcing you to be part of the vast cycle of economic servitude, credit cards also offer cash-back on purchases, protection on items you buy and refunds! That’s what Sift wants to help you unlock. Read More
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Symple wants to be Venmo for business payments
Between Venmo, Square Cash and even Snapcash, no one can argue that it’s hard to send money to a friend. But it wasn’t always this way. Paper checks used to be the de facto method of repayment — and it was messy, time-consuming and nowhere near instantaneous — someone could wait a month to cash a check you wrote them, leaving you with an annoying surprise when the… Read More
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TalkBank lets you chat with your bank
As a fan of banks – I like the lollipops they give out – I’m slightly disturbed by services like TalkBank. This Russian company replaces one-on-one teller interaction with a chatbot that can tell you your balance, offer on the spot advice, and even send you cool deals related to your credit cards. Founded by Mikhail Popov, Alexander Popov, and Vladimir Kozhevnikov the company… Read More
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A new tool can crack a credit card number in six seconds
In what amounts to a very clever brute force attack, a group of researchers has figured out how to find credit card information – including expiration dates and CVV numbers – by querying ecommerce sites. The process, which was outlined in IEEE Security & Privacy, involves guessing and testing hundreds of permutations of expiration dates and CVV numbers on hundreds of… Read More
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