4 Trends to Watch at Finovate

I always circle the spring Finovate show on my calendar because it offers insight into the future of fintech. Inevitably, two questions get asked: First, which of these companies should be on the radar for bankers, investors, and consumers? Second – and this is my favorite part of the hobnobbing and side bets – which one of the startups will exhaust their oxygen and cash first?Finovate.2015.5.6

In short, this is a show about innovation, change, and collapse. The roster of companies at the first Finovate show I attended in 2010 featured disruptors, partnership opportunities, and acquisition targets such as Bill.com, Expensify, Kabbage, Mint, and Pageonce (which rebranded as Check, and then was acquired by Intuit and renamed Mint Bills). But that Finovate class also included Blippy, the media darling that won my vote for first to die…please.

The on show on May 12-13 in San Jose has grown to two days, and it features about 72 companies covering a range of specialties. But as I scope out the field from my vantage point in omnichannel financial services, I am zeroing in on presenters that are taking aim at key trends such as: Read the rest of this entry »

Mobile Wallets Merry-Go-Round

Mobile Wallets Go Up

Apple Pay’s long awaited release last October ignited a furry of moves, announcements, and acquisitions in the mobile wallet space. For a full analysis, check out our new report: 2015 Gang of Five: Apple Pay vs. Android Pay vs Samsung Pay vs PayPal “Pay”?.


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The Kids Want Chat

Can you guess Gen Y’s most used feature on a mobile phone? Here’s a hint:  isn’t making phone calls. The most popular mobile feature among Gen Y is texting. Consequentially, the today’s hottest apps cater to Gen Y’s need to talk through their thumbs: Yik Yak, What’s App, Messenger and Kik being just a few examples. Unfortunately, mobile banking providers have missed out on this trend.     Read the rest of this entry »

Will Facebook’s Messenger P2P Platform Be a Success?

Facebook continues to search for increased consumer mindshare and new sources of revenue as it moves further into the consumer payment and purchasing space. In the past two weeks, Facebook announced that it would be bringing out a platform for Messenger, with an API, business interface, and a developer program and, most importantly, a P2P payments offering. By doing so, Messenger is  following in the footsteps of the example set by cross-platform messaging competitor Read the rest of this entry »

The Flawed Mythology of The EMV CNP Explosion

A colleague of mine forwarded me an inbound email for an upcoming conference the other day titled “Chip Cards to Result in Massive Online Fraud”, asking where I stand on this, as if he didn’t know that this was effectively lighting the blue touch paper on a Roman Candle and  running for cover. I replied with a three word answer…

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Apple Watch is going to Sell Out

Apple Watch is Tim Cook’s first new product launch, and the Cupertino-based company is doing everything in its power to make sure it succeeds. Javelin is cautiously optimistic; we’re already crunching consumer data to prepare a report on how to build banking, payments and retail experiences for Apple Watch and other smartwatches. No matter how many new devices we see hit the market, it’s always interesting to look at the theatrics behind a successful launch (or at least a seemingly successful launch).

Apple is reportedly heavily restricting inventory for its April 24th release data, likely gearing up for headlines saying the device is sold out (an age old trick). Potential customers are being advised to reserve the devices ahead of time and book in-store appointments to try on the devices beginning April 10th. Those with eyes on the Sport and standard Apple Watch can reserve 15 minute periods to try on the devices, reportedly during which they’ll receive fashion advice from blue t-shirt wearing Apple employees. Demos of the $10,000 and up Apple Watch Edition will last 30 minutes.

It’s been eight years since Apple released the highly popular iPhone. Five years have passed since the first iPad hit the market. Now it’s time for Apple Watch. And Javelin is going to be the first with the most comprehensive report on Apple Watch strategies for banking, retail and payments. Our new report will be available to Javelin subscribers April 2nd.