Category: FinTech
Stay up to date on the latest trends in FinTech – where technology meets finance to create new market opportunities.
FinTech
PayPal Introduces Banking Features Including Debit Card, Check Deposit
PayPal has been adding a number of features, including FDIC insurance on funds, debit cards that can be used for ATM withdrawals, direct deposits for payroll checks, and the ability to deposit paper checks by uploading photos of them.FinTech
Upgrade Unveils "Personal Credit Line" to Take on Credit Cards
Upgrade's Personal Credit Lines somewhat resemble HELOCs (home equity line of credit) except that they don't require borrowers to tap their homes for collateral. Instead borrowers are approved for an amount up to $50,000 and can choose how much they'd like to take out at any time, only paying interest on funds they've drawn.FinTech
Stripe Introduces New Subscription Billing Tool
Considering how many businesses are adopting or looking to adopt a subscription model, it makes sense that a FinTech company like Stripe would take a swing at simplifying the process and allowing smaller startups to jump on board.FinTech
Bancor Wallet Launches to Make Crypto Conversions Easy
This week Bancor debuted their Bancor Wallet, which currently allows users to convert between 65 different cryptocurrencies. The wallet also allows customers to purchase crypto with a credit or debit card and convert to any available token.FinTech
Credit Cards Issuers to Stop Requiring Signatures for Transactions
While it might not be a life-changing shift — especially since Mastercard says 80% of North American transactions were already exempt from signature verification — this move should have positive effects for both consumers and merchants.FinTech
One in Five Students Say They've Used Loan Money to Buy Crypto
On the one hand you could argue that getting students to learn about investing early on is actually a good thing, even if they're using loan money to do it. Then again one of the important lessons of investing is not to risk anything you can't afford to lose.FinTech