Home » FinTech

FinTech

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

SIM Swapping Hack Proves Latest Threat in Cryptocurrency Theft

For all the excitement and possibilities that come with cryptocurrencies, there's also been a fair number of frustrations. Looking past the price volatility that's sunk many investors' accounts, hacking has also proven to be a problem for crypto holders. Adding to the issue, there's little recourse hacking victims can take...

Zelle Reportedly Looking to Expand into Business Payments

In a relatively short period of time, Zelle has grown into the most-used peer to peer (P2P) payments app, topping competitors like Venmo, Square's Cash App, and App Pay Cash. Now it seems the big bank-backed app is looking to expand its reach even further. According to a report by...

Square Announces Cash App Bitcoin Sales in All 50 States

Multi-faceted FinTech firm Square had some big news to share yesterday, announcing that users of their Cash App could now purchase Bitcoin regardless of which state they reside. In a tweet sharing the news, Square declared "Red, white, and Bitcoin,"accompanied by an image of a bald eagle carrying a Bitcoin logo...

Starbucks' Crypto Partnership Causes Confusion

Years after they first took a shine to the concept of mobile payments on their way to leading the space, Starbucks has announced that it is turning its attention to cryptocurrencies next. Last week the ubiquitous coffee chain announced that it — along with BCG, Microsoft, and others — would be working with...

Consumer Reports Ranks Apple Pay Cash Above Venmo, Zelle

This year an estimated 79 million Americans are expected to utilize peer to peer (P2P) payments services, marking a 24% increase over 2017. With this growing popularity, the P2P landscape has evolved in recent months — including the revelation that Zelle is now leading the pack after overtaking Venmo. Now...

Square Sees More Profits from Crypto but Tempers Expectations

Just a couple of months ago Square was celebrating their approval to sell Bitcoin in the state of New York. On the heels of that achievement, the company now reports that it saw profits from selling the cryptocurrency double in the second quarter of the year. However, despite Square CEO...

Apple Pay Expected to Lead OEM Wallets as Contactless Payments Grow

New data from Juniper Research shows that contactless payments could reach a major milestone even earlier than expected. According to the firm's report, contactless transactions are on track to surpass $1 trillion in 2018 (a year earlier than previously estimated) and are anticipated to exceed $2 trillion by 2020. Additionally...