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

Yahoo Launches "Tanda" — A Peer to Peer Savings and Loan App

This week Yahoo Finance launched a new mobile app that offers a twist on peer to peer lending and investing. Dubbed "Tanda," the app connects users and places them into groups where each participant makes monthly payments toward a combined pot. Then the lump sum is then awarded to one...

What's Next for Kodak? Cryptocurrencies

Once upon a time, Eastman Kodak was riding high, becoming nearly synonymous with both film and photography. Unfortunately the new millennium has not been kind to the company, leading Kodak to file for Chapter 11 bankruptcy protection in 2012. However, as displayed at the recent Consumer Electronics Show in Las Vegas, the...

Chase Joins AutoFi for FinTech Auto Financing

Last week JPMorgan Chase continued to grow their FinTech partnership roster, becoming the first national bank to offer auto financing on the AutoFi platform. AutoFi aims to make the car-buying process simpler, allowing users to select a vehicle and apply for financing on various deal websites.

Cryptocurrency 101: What You Need to Know About Bitcoin

While there are legitimate concerns about the viability of Bitcoin and others, if nothing else these currencies should be viewed as a proof of concept for blockchain technology itself. In other words, don’t expect blockchain or cryptocurrencies to go down so easily. Instead, prepare for more disruption as a greater...

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.