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

The Lose-Lose Banks Have with Identity Verification

Banks have been working to enhance their security and verification — especially as more and more customers do their banking online and on mobile phones. While they may be effective in preventing fraud, some of these methods have also proven pain points for consumers, putting banks in a lose-lose situation.

Affirm Introduces Apple Pay Virtual Card Capabilities for Loans

Affirm says it prides itself on being transparent about their fees. They explain, "Unlike payment options that have compounding interest and unexpected costs, Affirm shows customers upfront exactly what they’ll owe — with no hidden fees and no surprises." As a result Affirm's Apple Pay integration could be a big...

Google Banning Cryptocurrency-Related Ads with Latest Policy Update

Google is planning to ban cryptocurrency-related advertisements from their ad products. This will cover any crypto content, including ads for cryptocurrency wallets, initial coin offerings, and more.

Celsius Looks to Disrupt P2P Lending with Crypto Twist

Celsius says it's "building a P2P decentralized lending & borrowing platform" that will not only allow users to borrow against their cryptocurrency holdings but also earn interest for keeping their coin on the platform. As their site explains, users will be able join the lending pool by adding their cryptocurrency...

Prudential Partners with FreedomPop to Upsell Financial Services

FreedomPop claims that their Accelerate Platform has one of the highest conversion rates on the web with 50% of customers purchasing at least one paid service. By comparison, other "freemium" modeled companies such as Spotify reportedly have conversion rates less than half that. As a result it's easy to see...

PayPal Patent Seeks to Speed Up Crypto Payments

It's no surprise that PayPal is trying to push cryptocurrencies forward — especially in terms of accepting them as payments. First the company started partnering with Bitcoin payment processors as far back as 2014. It will be interesting to see if PayPal's plan for zippier crypto transactions will catch on...

Square Cash Reports Reaching 7 Million Active Users

Now that Square Cash has laid its card on the table, it will be interesting to see if Venmo and others follow suit. Furthermore Square has proven to be a fascinating FinTech to watch as they've never seemed afraid of starting auxiliary businesses that fall under the financial umbrella. With...

Only 16% of Active iPhones Utilize Apple Pay

When Apple first debuted their NFC-powered Apple Pay option in 2014, it was seen as a major breakthrough for mobile payments that would usher in a new era for the technology. However a mere 16% of active iPhones in the world currently utilize Apple Pay.