Ever since the idea of FinTech came on the scene, many have presumed that these firms were the mortal enemies of traditional banks. Yet time and time again we've seen numerous banks embracing financial technologies and the startups working on them to great success.
All things considered, this Kount survey shouldn't be seen as a bad sign for mobile payments but a net positive. After all, even if acceptance of some large players may be slipping, they do seem to be replaced by other options. As a result it's clear that mobile payment options...
It looks like Venmo's reign in the peer to peer payments space is coming to an end. That's because Zelle — the result of a partnership between 30 U.S. banks — is poised to overtake Venmo this year and dominate in the years ahead. This prediction comes from eMarketer who also...
Acorns Spend includes many of the same features as the app itself but does include some added conveniences. For example, while the app's signature "round-ups" assessed from other cards need to accrue $5 before being invested, round-ups from purchases made using the Acorns Spend debit card will be invested in...
While there may be a few takeaways from Visa's recent outage in Europe — and surely some of those affected will be carrying a few extra Euros or Pounds in their wallet from now on — it's likely hyperbolic to declare that this single incident could derail any momentum a...
If that does happen, hopefully it will allow other online lenders and FinTech firms to also find success in going public, likely furthering the revolution that many other financial technology companies have helped bring to fruition.
When Apple debuted Apple Pay in 2014, it was seen as a breakthrough for mobile payments that would help the technology catch on in the mainstream. While that's happened to a certain degree, adoption has been slower than some may have predicted.
Not only is PayPal's purchase of iZettle a strong move for the company but is likely also a win for FinTech and small businesses. That's because, with the increased competition Square faces from a combined iZettle and PayPal, you can expect that all parties will be looking to innovate and...