Category: 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.
FinTech News
FinTech News
FinTech Binji Launches Its "Complete Personal Finance Solution"
For years various FinTech ventures have sought to make managing your finances a bit easier. Of course this overall vision has manifested itself in different ways, with various startups offering their own ideas and plans. Now Binji is launching what they call a "complete personal finance solution," combining a few different FinTech-centric elements into one account. Perhaps the main attraction of Binji is their digital display debit card. This single...
FinTech News
Bitcoin Surges to Highest Price in 10 Months
Don't count Bitcoin out just yet. After a rough patch that saw the cryptocurrency falling through each perceived price floor and continued regulatory concerns, BTC has staged an impressive rally in recent days, topping $8,000 at times. As CNN Business notes, this is the highest level the asset has reached since last July. So what's behind the bullish run? One potential explanation lies in the struggles seen on the stock...
FinTech News
SoFi Introduces Gig Economy ETF
Less than a month after debuting two of their own exchange-traded funds, FinTech firm SoFi is back at it. This week the company introduced another ETF, this time focusing on the growing gig economy. Trading under the ticker symbol $GIGE, the ETF currently includes companies directly and indirectly involved in the gig economy such as GrubHub, Groupon, Square, PayPal, Etsy, Ebay, and Lyft. Unlike their other ETFs — the SoFi...
FinTech News
Facebook Reportedly Still Working on Building Its Own Cryptocurrency
For months one of the big rumors has been that Facebook was developing a cryptocurrency that could be used for payments on its platform. While these plans still aren't confirmed, we are seemingly getting a better idea of what this would look like. According to the Wall Street Journal, Facebook is continuing talks with various potential partners in a bid to achieve e-commerce dominance. The effort to bring the digital...
FinTech News
Prominent Cashless Chain to Accept Cash Once Again
For years a big question surrounding FinTech, cryptocurrencies, and mobile payments has been whether these technologies would accelerate a move toward a cashless future. Between a majority of Americans stating that they believe the country would go cashless in their lifetime and a slate of retailers announcing they'd be moving away from cash, it did seem as though payments were headed in that direction. However last week the cashless trend...
FinTech News
Robinhood Applies for National Bank Charter
Late last year, FinTech investment app Robinhood famously ran into a bit of trouble when it announced plans for a "Checking & Savings" account. Long story short, the company was forced to walk back that announcement after it came to light that their plan had not been vetted by the Securities Investor Protection Corporation and, while a "coming soon" banner for a Cash Mangement offering still shows on their site,...
FinTech News
