One of the many trends that have taken over the personal finance world in recent years has been the idea of gamification. For example, some finance gurus have extended various money challenges to their followers to help them achieve worthwhile financial goals in a less intimidating way. Then there's the...
For FinTech startups, speed is the name of the game. As we've seen time and time again, it's important for these firms to acquire customers as quickly as possible, with venture capital often helping fuel their race against the clock. That's where the Visa Fast Track program comes in, making...
A company facilitating the ability to invest in cryptocurrencies via a retirement account has just reached a monetary milestone. Launched in 2016, Bitcoin IRA announced this week that it had surpassed $400 million in cryptocurrency transactions. The accomplishment also comes a year after their 24-hour-a-day self-trading crypto platform launched. News of...
It seems that, every few months or so, another survey shows that the majority of Americans would be unable to cover an unexpected expense of a few hundred dollars or more. As a result, despite the best efforts of regulators, so-called "payday loans" continue to be a popular albeit expensive...
While it's clear that Teller's team is feisty and hungry for a shot to complete with Plaid, the head start the latter has enjoyed will certainly be a major factor.
Over the past few months, the FinTech firm SoFi has been quite busy. For example last year it introduced a hybrid money management account called SoFi Money, offering high-yield interest, reimbursed ATM fees, and other perks. Now the company is looking to expand on that success, announcing a multifaceted partnership...
When the Apple Card launched in August of last year, it was perhaps the most high-profile example of FinTech seen to date. At the same time the card itself wasn't exactly built to play nice with other FinTech products as it offered no way for users to link their accounts...
For as much mainstream success and acceptance as Bitcoin and other cryptocurrencies have enjoyed in recent years, there are still those who remain skeptical of digital currency. In addition to those who criticize crypto for not having any "real value," regulators have repeatedly pointed to the ability to "launder" funds...
Looking back at 2019, it's fair to say that it was a pretty good year for FinTech. From startups launching new products to major acquisitions being announced, there was plenty of news to keep up on. Of course 2019 was also a big year for investments. In fact, the latest...
One of the many trends that have taken over the personal finance world in recent years has been the idea of gamification. For example, some finance gurus have extended various money challenges to their followers to help them achieve worthwhile financial goals in a less intimidating way. Then there's the...
Much of the future of financial technology is wrapped up in how quickly technical capabilities advance. While the convenience on the horizon is mind-boggling, it must be approached with caution and sensibility to avoid compromising the privacy and stability of current financial practices.
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...
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...