FinTech

Stay up to date on the latest trends in FinTech – where technology meets finance to create new market opportunities.


Stay up to date on the latest trends in FinTech – where technology meets finance to create new market opportunities.


Are P2P Loans Actually "Predatory"?

A new report released by the Federal Reserve Bank of Cleveland is causing waves in the FinTech community as it makes some harsh claims about the practice of peer to peer (P2P) lending — also known as marketplace lending. Among those assertions is the idea that P2P lenders engage in...

Chase Targets Millennials with Finn Mobile Bank App

J.P. Morgan Chase is acutely aware that many Millennials are now doing the majority of their banking online and from their phones. That's why the company is launching a new mobile bank and app called Finn, which is aimed at the Millennial demographic. In addition to customers being able to...

Wells Fargo Leads the Pack in Mobile Banking Features

Last September it was revealed that Wells Fargo employees had created upwards of two million accounts without their customers' knowledge. Then, in August of this year, the company discovered another 1.4 million fake accounts, bringing the total to around 3.5 million. Despite the fallout from that scandal, it seems the...

Square Wants to Be a Bank Too

Square's plan to open a banking wing isn't exactly out of left field. While it may mostly be known for its small business point of sale solutions, they've also offered small business loans since 2014 under their Square Capital initiative.

When Will More FinTechs Go Public?

There still seems to be some hope for FinTech IPOs in the coming years. Afterall that term casts a wide net, including everyone from the market-maligned alternative lenders to consumer services brands like Credit Karma (another rumored IPO candidate). However, with private valuations continuing to prove a hard sell on...

Mobile-Only Bank Varo Money Applies for National Bank Charter

All in all, Varo's campaign for a national bank charter — along with SoFi's pursuit of a similar goal — is an exciting step forward regardless of whether it comes to fruition anytime soon. First off, it could put more pressure on regulators to work through their differences and move...

Visa Pitch Asks Businesses to Go Cashless

In recent years use of mobile payments has steadily increased while still falling short of what one might call widespread adoption. Meanwhile credit and debit cards are the clear favorite for consumers, being utilized in nearly half of all transactions completed by U.S. adults. Despite that, good old cash still...

Apple Taps Into P2P Payments with iOS 11

Nearly 10 years after first introducing the iPhone, Apple continues to improve what may now be their flagship product (sorry, Mac). While their latest ideas may not be as innovative or groundbreaking as they once were, the company's ability to see what consumers want and deliver it in the best...