Author: Fioney Staff
-
Varo Bank Debuts Credit-Building Varo Believe Program
Among the numerous trends observed across the FinTech industry in recent years, one of the most impactful has involved credit. From creating lending solutions that rely less on traditional credit scores to introducing new ways for consumers to improve their credit standing, several startups are doing what they can to change the very dynamics of…
-
Chase and United Reveal Updated Credit Card Bonus Offers
Since the year began, several credit card issuers have attempted to lure new customers by rolling out enhanced bonuses for some of their offerings. This has been especially true in the case of co-branded travel cards. Case in point: this week, Chase and United introduced a trio of new welcome bonus offers for new cardholders.…
-
Upcoming BlockFi Credit Card Announces Additional Crypto Benefits
Late last year, BlockFi garnered headlines when it opened the waitlist for its Bitcoin Rewards Credit Card. At the time, the company announced that the BlockFi Credit Card would offer 1.5% cashback (paid out in the form of Bitcoin) on everything they buy in addition to a one-time Bitcoin bonus equal to $250 once they…
-
DoorDash Main Street Strong Accelerator Program for Restaurant Owners
As small businesses, including numerous independent restaurants, continue to struggle several larger companies have stepped up to offer support in the form of grants, programs, and other endeavors. Now, popular food delivery app DoorDash is joining such efforts, announcing the launch of the Main Street Strong Accelerator. Created in partnership with nonprofit small business lender…
-
Brex Becomes Latest FinTech to Apply for Bank Charter
For years, several FinTechs have considered or actually applied to open a bank of their own. The latest in this line is Brex. According to a Brex press release, the company has submitted an application with the Federal Deposit Insurance Corporation (FDIC) as well as the Utah Department of Financial Institutions (UDFI) to establish Brex…
-
Survey Details What Banking Features Matter Most to Customers
Throughout 2020, the personal finance site MyBankTracker conducted a survey with nearly 2,000 Americans participating. Now, the latest results show that what consumers found important from savings accounts evolved in some notable ways during the year. For example, more respondents put an emphasis on customer service this past year, with 16.01% saying it was the…
-
Marcus by Goldman Sachs Launches Roboadvisor Platform
When most consumers think of Goldman Sachs, they likely think of a wealthy Wall Streeter. That’s partially why the bank introduced its Marcus brand in 2016 as a means of courting a new consumer market. Now, Goldman is continuing those efforts with the debut of Marcus Invest — a low-fee roboadvisor platform. Marcus Invest will…
-
Bitcoin Crosses $50,000 Mark to Set New Record High
The year of Bitcoin rages on. After breaking through the long-eyed $20,000 late last year, the cryptocurrency’s value has continued to skyrocket. In fact it just set yet another new record as it sailed past a major milestone. After initially popping through the $50,000 threshold earlier in the week before pulling back, $BTC continued to…
