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

Are Your Mobile Banking Apps Secure? 5

One of the biggest hurdles that FinTech companies and app developers have had to overcome is the distrust that many hold for new technologies — especially when it involves their money. While some of those concerns have been quelled over the years not everyone is ready to get on board just...

Surveys Show the Sharing Economy isn't Just for Millennials 1

Earlier this summer we looked a Pew Research Center survey that found that 39% of people had not heard the term "crowdfunding" while 73% were unaware of the "sharing economy." In spite of that two recent surveys now show that more Americans are embracing the sharing economy and FinTech companies....

Could Brexit Hurt London's "Global Capital for FinTech” Status?

  When those of us on this side of the Atlantic think of FinTech headquarters, it's Silicon Valley that most likely comes to mind. However, in the global scheme of things, it's actually London that reigns supreme. As Aaron Klein of Fortune recently noted the United Kingdom is home to...

JPMorgan Chase Starts In-House FinTech Incubator 3

Over the past few years JPMorgan Chase has had a somewhat turbulent relationship with FinTech but has seemingly come to embrace it more in recent months. To that point now comes news that the too-big-to-fail bank is launching an in-house incubator aimed at developing FinTech startups. According to Bloomberg the institution...

Could Payday Lenders' Pain Be FinTech's Gain? 3

Short-term, high-interest lenders — usually referred to as "payday lenders" — are facing increased scrutiny and regulation as of late. In fact just last month Google announced they would ban ads from such companies. However one of the industry's harshest critics has been the Consumer Financial Protection Bureau (CFPB) who's director,...

Are Chatbots the Next Frontier for Mobile Banking? 3

The days of waiting for bank statements to be mailed in order to balance your checkbook are long gone. Today consumers have a number of ways of keeping up to date with their bank accounts including bank-specific apps, third-party apps, and even digital assistants like Amazon's Echo. Now some are thinking...

After a Really Bad Month, FinTech Begins to Get Back on Track

There's really no sugar-coating the fact that the past few weeks have been pretty bleak in the world of FinTech. At the beginning of May, Prosper announced that it would be laying off 28% of its workforce and would even be subleasing some of its office space. That announcement hurt...