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.


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 institution is excelling in at least one area: mobile banking.

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 the public market, many of these emerging unicorns might elect to simply wait and watch how others perform.

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 forward on a solution for FinTechs (although it's unclear if Varo would be interested in the proposed "special purpose" charters).

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 way possible remains intact. With that, expect Apple Pay Cash to be a hit and hopefully increase mobile payment and FinTech adoption across the board.

What Square's New Debit Card Could Mean for FinTech

A few weeks after Square CEO Jack Dorsey teased some sort of custom Visa card on Twitter, select Square Cash customers have begun receiving invitations to order their own Square Cash debit card. According to reports the cards are linked to users' Square Cash balance and are accepted where Visa cards are.

Financial Firms Reportedly Looking to Buy FinTech Startups

It's clear that FinTech is still shaking up the financial industry. In fact, while the past few years have brought lots of talk and a handful of actions in the way of partnerships, it seems the near future will be the real boom for FinTech acquisitions. In turn, expect more innovation as young entrepreneurs set their sights on FinTech as the sector continues to grow and, of course, disrupt.