FinTech News
Fascinated by the rapidly evolving world of financial technology? Our FinTech news category is your insider’s guide to the most cutting-edge innovations disrupting the finance industry. Get up-to-date coverage on the latest breakthroughs in digital banking, cryptocurrency, investing, and more.
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Zuckerberg Heading Back to Capitol Hill to Talk Libra
Ever since Facebook initially announced plans for the cryptocurrency Libra, it’s faced a seemingly endless wave of critiques and inquiries from regulators. Neverthless the company has remained resolute, saying it would continue to pursue its plans while working to assuage concerns. Now, as part of those efforts, it’s been revealed that Facebook CEO Mark Zuckerberg…
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Robinhood Takes Second Stab at Cash Management Account
Late last year, the commission-free stock trading platform Robinhood announced it would soon be offering a “Checking & Savings” account. These would complete with a debit card and a headline-worthy a 3% APY on savings. Unfortunately those plans were quickly rebuffed by the Securities Investor Protection Corporation, sending Robinhood back to the drawing board. Now…
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Samsung Pay Adds International Payments Thanks to Finablr Partnership
When Apple first unveiled Apple Pay in 2014, the expectation was that mobile payments would make major in-roads within a short period of time. Unfortunately that wasn’t exactly the case, despite efforts by Apple, Google, Samsung, and others. Since then those companies have expanded on their mobile wallet product offerings, with Apple adding features such…
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SoFi Officially Rolls Out Crypto Trading with $25 Bitcoin Bonus Offer
Nearly a month after debuting cryptocurrency trading to select users, last week SoFi formally announced the new feature for their SoFi Invest platform. According to the company the addition makes SoFi Invest the only tool to offer “automated and active investing with stocks, ETFs, and crypto through a single app.” What’s more, to entice users…
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FinTech’s Personal Loan Market Share Has Doubled Since 2015
Ever since the Great Recession, peer to peer lenders and other FinTech alternatives have emerged to offer consumers personal loans. While such startups have gained notoriety in certain circles, it’s fair to say that few have become household names. Nevertheless it seems that these types of lenders are growing significantly. According to a new report…
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Blast to Debut “Game-Based Savings” App for iOS at TwitchCon
These days there seems to be some big money in gaming. From Twitch streamers who can monetize with ads and sponsorships to tournaments where victors can take home massive purses, there are plenty of gamers who dream of hitting it rich. Unfortunately the majority will never reach such heights. However, with the app Blast, they…
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Barclays, Anthemis to Create Female Innovators Lab for FinTechs
Among the many things that Silicon Valley is often criticized for is that many successful startups are seen as “boy’s clubs.” In many cases this same label extends to FinTech firms as well. Now Barclays and Anthemis are teaming up in an attempt to change that. This week the two companies announced that they would…
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France and Germany Move to Block Facebook’s Libra
When Facebook first unveiled official plans for the cryptocurrency Libra, there was certainly excitement from some circles. Unfortunately regulators haven’t been quite as thrilled, with many jurisdictions sharing their concerns and questions. Now two European countries are taking things one step further, announcing that they’ll move to block the digital asset altogether. According to Reuters,…
