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Chase Announces JPM Coin Digital Token

One of the goals of cryptocurrencies is to achieve decentralization and free consumers from relying on banks. Yet, this week, one of the top banks in the U.S. revealed that it’s backing its own digital currency — JP Morgan Chase has announced the creation of JPM Coin. As CNBC reports,...

Square's Jack Dorsey Only Shows Interest in Bitcoin

This week, Square CEO Jack Dorsey took to Twitter (the other company he serves as CEO of) to talk about cryptocurrency. More accurately, he took questions about Bitcoin, noting that it's the only crypto asset he owns. But that's not all — Dorsey went on to suggest that his Square...

Report Suggests Two Groups Responsible for Majority of Crypto Hacks

As the popularity and awareness of cryptocurrencies has increased in recent years, media coverage of hacks and other thefts has also been elevated. This might make it seems as though crypto hackers are common and widespread. However, according to a new report by Chainalysis, as covered by Fortune, the majority of...

FinTechs Self Lender and Steady Announce Partnership 2

In recent years there have been plenty of examples of FinTechs partnering with (or sometimes being purchased by) traditional institutions. Oddly it's somewhat less common to hear about two complimentary startups working with each other. Yet that's exactly what Self Lender and Steady are doing, announcing a new partnership aimed...

Apple Pay Acceptance Expanding to More Major Retailers

When Apple Pay was first announced in 2014, it was expected to usher in a new age for mobile payments. While it has certainly helped move adoption of the technology forward, it's hard to argue that it reached the heights it aimed for at its launch. However the built-in smartphone payments...

How the Government Shutdown is Impacting the FinTech Sector

Now in its second month, the current partial federal government shutdown is easily the longest in United States history. This extended shutdown has not only had a direct impact on thousands of federal employees and their families but has also affected various private sector businesses in some unexpected ways. As...