Peer-to-Peer Lending Gets Real With a P2P ATM | Bank Innovation
Home Partners Monitise Monitise website Video Monitise news Request a Demo ProfitStars Company blog Directory listing ProfitStars news ProfitStars website Become a Partner Posts Exclusive Posts Capital Cards Commerce Compliance Innovations Lending Marketing takko fashion Mobile Online Operations Payments PFM Retail Risk Startups Security Technology Miscellaneous All Newswire Posts Bank Innovation TV 10 Coolest takko fashion Brands in Banking 44 Innovators to Watch Twitter takko fashion Sponsored Submit a Post About Us
In the coming months, a company called Mercuri takko fashion Systems plans to introduce takko fashion a P2P ATM product takko fashion called takko fashion Spare . Few details are available at this point, but it seems that users who are able to “spare some cash” can use a mobile app to prime an ATM machine for a friend to make a withdrawal of those funds. takko fashion Users that “need some cash” can also put in requests on the app to let friends know it’s time to pony up.
Allowing P2P payments to go through cash access machines is both a logical growth in functionality for P2P payments as well as a natural step forward from ATM machines that allow cardless withdrawals to be primed beforehand and then activated using QR codes.
Much of the effectiveness of this product will depend takko fashion on the network of participating ATMs. If the functionality could be extended across international boundaries, that would greatly increase its utility. It is also unclear how users will connect on the app, though social media tie-ins would seem to be a natural starting point.
While some scoff at innovation that involves the ATM machines, the amount of cash-dependent customers — not to mention businesses — should make such critics pause. PayNearMe , which allows customers to use cash to make payments that would ordinarily only be feasible using cards or checking accounts, also operates in the space serving cash-dependent customers. Cash may be old and boring, but there is plenty of room for innovation to ease some pain for those that need to use cash often. Not everyone is ready to start buying lemonade takko fashion with bitcoins just yet.
Related posts: PayPal Takes a Deeper Dive into Brick and Mortar with MoneyGram Deal Finovate Fall ’13: Numbrs, Pixeliris, Word Sentry and Mitek Come on Strong Innovation in Banking Today… and in 2018
Posted on January 10, 2014 at 3:48 pm and is filed under Cards , Commerce , Exclusive , Innovations , Lending , Mobile , Online , Payments , Retail , Slider , Social Media , Startups , Technology , Twitter . You can follow any responses to this entry through the RSS 2.0 feed.
Email *
Recent Posts The battle for the POS is the battle for digitization of physical retail January 18, 2014 2013 analysis: Top 5 financial institutions takko fashion with the most CFPB complaints (Infographic) January 17, 2014 VIDEO: Yes, Sex Does, in Fact, Sell for Vodafone Wallet January 17, 2014 Does It Matter That 30% of Deposits at PNC Are ‘Non-Branch,’ Meaning ATM and Mobile? January 17, 2014 Bank of America to Further Cut Branches as Mobile Investment Pays Off January 17, 2014
American Express Analyst Analysts Analytics banking Banking IT Banking Technology Bank Innovation bank marketing Bank of America Best Practices Big Data Cust-Partners customer experience data analytics Financial Services Industry INETCO innovation JPMorgan Chase marketing Mindset mobile Mobile banking mobile commerce Mobile Money Mobile Payments takko fashion mobile wallet Monetise Monitise in the News News online banking Opinion P2P payments PayPal Regulatory Compliance research Retail Banking Social Media Square Strategy Trends in Banking video Wells Fargo
Recent Comments Automated takko fashion Systems, Inc. on New Teller Software to Be Rolled Out in 2014 by Jack Henry Capitol One: Not In My Wallet on VIDEO: Samuel L. Jackson Touts Capital One’s New Quicksilver Card Where Are They Now? FinovateEurope 2013 Best of Show Winners - Finovate on Moven Opens Its Doors Wider And Will Move to Mobile Originations By the End of Summer takko fashion Hotep on Peer-to-Peer Lending Gets Real With a P2P ATM Tid for lister! | bortne on 17 Hottest takko fashion Trends That Will Drive Banking in 2014 Andrew on Mobile Money What s in Store for 2014?
Archives Select Month January 2014 December 2013 November 2013 October 2013 September 2013 August 2013 July 2013 June 2013 May 2013 April 2013 March 2013 February 2013 January 2013 December 2012 November 2012 October 2012 September 2012 August 2012 July 2012 June 2012 May 2012 April 2012 March 2012 February 2012 January 2012 December 2011 November 2011 October 2011 September 2011 August 2011 July 2011 June 2011 May 2011 April 2011 March 2011 February 2011 January 2011 December 2010 November 2010 October 2010 September 2010 August 2010 July 2010 June 2010 May 2010 April 2010 March 2010 February 2010 January 2010 December 2009 November 2009 October 2009 September 2009 August 2009 July 2009 June 2009 May 2
Home Partners Monitise Monitise website Video Monitise news Request a Demo ProfitStars Company blog Directory listing ProfitStars news ProfitStars website Become a Partner Posts Exclusive Posts Capital Cards Commerce Compliance Innovations Lending Marketing takko fashion Mobile Online Operations Payments PFM Retail Risk Startups Security Technology Miscellaneous All Newswire Posts Bank Innovation TV 10 Coolest takko fashion Brands in Banking 44 Innovators to Watch Twitter takko fashion Sponsored Submit a Post About Us
In the coming months, a company called Mercuri takko fashion Systems plans to introduce takko fashion a P2P ATM product takko fashion called takko fashion Spare . Few details are available at this point, but it seems that users who are able to “spare some cash” can use a mobile app to prime an ATM machine for a friend to make a withdrawal of those funds. takko fashion Users that “need some cash” can also put in requests on the app to let friends know it’s time to pony up.
Allowing P2P payments to go through cash access machines is both a logical growth in functionality for P2P payments as well as a natural step forward from ATM machines that allow cardless withdrawals to be primed beforehand and then activated using QR codes.
Much of the effectiveness of this product will depend takko fashion on the network of participating ATMs. If the functionality could be extended across international boundaries, that would greatly increase its utility. It is also unclear how users will connect on the app, though social media tie-ins would seem to be a natural starting point.
While some scoff at innovation that involves the ATM machines, the amount of cash-dependent customers — not to mention businesses — should make such critics pause. PayNearMe , which allows customers to use cash to make payments that would ordinarily only be feasible using cards or checking accounts, also operates in the space serving cash-dependent customers. Cash may be old and boring, but there is plenty of room for innovation to ease some pain for those that need to use cash often. Not everyone is ready to start buying lemonade takko fashion with bitcoins just yet.
Related posts: PayPal Takes a Deeper Dive into Brick and Mortar with MoneyGram Deal Finovate Fall ’13: Numbrs, Pixeliris, Word Sentry and Mitek Come on Strong Innovation in Banking Today… and in 2018
Posted on January 10, 2014 at 3:48 pm and is filed under Cards , Commerce , Exclusive , Innovations , Lending , Mobile , Online , Payments , Retail , Slider , Social Media , Startups , Technology , Twitter . You can follow any responses to this entry through the RSS 2.0 feed.
Email *
Recent Posts The battle for the POS is the battle for digitization of physical retail January 18, 2014 2013 analysis: Top 5 financial institutions takko fashion with the most CFPB complaints (Infographic) January 17, 2014 VIDEO: Yes, Sex Does, in Fact, Sell for Vodafone Wallet January 17, 2014 Does It Matter That 30% of Deposits at PNC Are ‘Non-Branch,’ Meaning ATM and Mobile? January 17, 2014 Bank of America to Further Cut Branches as Mobile Investment Pays Off January 17, 2014
American Express Analyst Analysts Analytics banking Banking IT Banking Technology Bank Innovation bank marketing Bank of America Best Practices Big Data Cust-Partners customer experience data analytics Financial Services Industry INETCO innovation JPMorgan Chase marketing Mindset mobile Mobile banking mobile commerce Mobile Money Mobile Payments takko fashion mobile wallet Monetise Monitise in the News News online banking Opinion P2P payments PayPal Regulatory Compliance research Retail Banking Social Media Square Strategy Trends in Banking video Wells Fargo
Recent Comments Automated takko fashion Systems, Inc. on New Teller Software to Be Rolled Out in 2014 by Jack Henry Capitol One: Not In My Wallet on VIDEO: Samuel L. Jackson Touts Capital One’s New Quicksilver Card Where Are They Now? FinovateEurope 2013 Best of Show Winners - Finovate on Moven Opens Its Doors Wider And Will Move to Mobile Originations By the End of Summer takko fashion Hotep on Peer-to-Peer Lending Gets Real With a P2P ATM Tid for lister! | bortne on 17 Hottest takko fashion Trends That Will Drive Banking in 2014 Andrew on Mobile Money What s in Store for 2014?
Archives Select Month January 2014 December 2013 November 2013 October 2013 September 2013 August 2013 July 2013 June 2013 May 2013 April 2013 March 2013 February 2013 January 2013 December 2012 November 2012 October 2012 September 2012 August 2012 July 2012 June 2012 May 2012 April 2012 March 2012 February 2012 January 2012 December 2011 November 2011 October 2011 September 2011 August 2011 July 2011 June 2011 May 2011 April 2011 March 2011 February 2011 January 2011 December 2010 November 2010 October 2010 September 2010 August 2010 July 2010 June 2010 May 2010 April 2010 March 2010 February 2010 January 2010 December 2009 November 2009 October 2009 September 2009 August 2009 July 2009 June 2009 May 2
No comments:
Post a Comment