Complete payment overhaul has started.....banks more and more are pushed to become a commodity factory....
One year after exploding on the scene, it looks like Coin, the YC-backed startup that wants to replace all your bank cards with a universal card, is finally shipping its product to some early backers after a long, long wait. The company previously said shipments would begin this summer. It is now the middle of November. Going on the @Coin tweets, it appears that a selection of lucky (or perhaps chosen) few are at the front of the queue, which suggests that other beta customers who paid $55 for the card — many of whom have become disillusioned by the wait — will get theirs soon. That won’t apply to those located outside of the U.S., however. The company has told international customers that its timeframe for addressing them is “Spring 2015″ — though we don’t know if that
http://techcrunch.com/2014/11/18/it-looks-like-coin-is-finally-shipping-to-early-backers/