Justin Mattos

Email: jmattos@corporateinsight.com

Author's Posts

Faulty Zelle App is a Missed Opportunity

November 02, 2017 by
Bank-sponsored P2P transfer service Zelle recently followed up on promises of increasing momentum behind the service with the launch of a standalone app. Already available in the mobile apps of certain participating banks, Zelle’s new app brings the service to nearly every U.S. bank account holder with a linked debit card. At launch time, the […]

Global P2P Transfer Service Abra Enables Funding with American Express

September 13, 2017 by
After receiving an undisclosed amount from American Express during its Series A funding round in September 2015, blockchain-based P2P transfer service Abra recently announced a partnership with the credit card provider. By allowing U.S. customers to fund their bitcoin wallets with American Express cards, the startup hopes integration with a well-established payment network will attract […]

Staying Ahead of the Curve with Financial Time Travel

August 28, 2017 by
Despite the obvious convenience of all-in-one cards, most providers have struggled to move from concept to delivery. Many found mass production of concept cards too difficult a problem to solve, while others encountered new problems, such as increasing the chance of charging purchases to the wrong card, unique to all-in-one cards. Easing these pain points […]

Daimler AG Tests Blockchain in €100 Million Transaction

August 02, 2017 by
While blockchain technology has the potential to revolutionize financial services, implementation will require a significant shift from proof-of-concepts to production. Daimler AG, manufacturer of Mercedes-Benz, recently announced a move in that direction with a test of the technology and promises of more to come. While banks around the world are showing significant interest in blockchain, […]

P2P Payments Update: Zelle Launches in Mobile and Online Banking Platforms

July 24, 2017 by
This June marked the official launch of Zelle, the new person-to-person (P2P) payment service, in several banks’ online and mobile platforms. Aiming to create a unified P2P payment offering across U.S. financial services institutions, Early Warning developed Zelle in partnership with over 30 banks on top of its clearXchange network. By creating a single brand […]

Playing the Long Game: Prize-Linked Savings Accounts Make Everyone a Winner

July 06, 2017 by
Though some credit unions offered prize-linked savings accounts (PLSAs) before, the passage of the 2014 American Savings Promotion Act opened the door for more banks and even an app-based startup to offer more gamified savings accounts. PLSAs, which reward clients with lottery entries for contributing to their savings, allow institutions to pay a few account […]