FinTech News Archives - Page 83 of 94

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.

Wirex Travel Visa card
FinTech News

Wirex Announces Multi-Currency Visa Travelcard with "Cryptoback" Perk

by Fioney Staff
Ready for the next generation of payments? The currencies platform Wirex says it has arrived. At this week's Singapore FinTech Festival, the company unveiled its new Wirex Visa Travelcard. The card will launch in the Asia-Pacific (APAC) region, which they note has an $800 billion payments industry. Wirex says that Visa Travelcard customers will be able to take advantage of the best exchange rates on fiat and crypto currencies. Among...
map of US bank branches
FinTech News

Number of U.S. Bank Branches Declining Overall, But Not Everywhere

by Fioney Staff
Between the increasing functionality of mobile banking apps and the onslaught of FinTech challenger banks entering the space, it should be no surprise that the number of brick and mortar bank branch locations in the United States has declined significantly in the past several years. What may be surprising, however, is that this isn't the case for some aress. As Quartz reports, there are some Americans communities that are bucking...
Deserve cards
FinTech News

Deserve Announces $50 Million Round Led by Goldman Sachs

by Fioney Staff
Another FinTech (or FinTech-adjacent) firm has just announced a big fundraising round. As TechCrunch reports Goldman Sachs is leading a $50 million Series C for Deserve. Also joining the round are previous investors Sallie Mae, Aspect Ventures, Mission Holdings, Pelion Venture Partners, and Accel. Although Deserve's co-founder and CEO Kalpesh Kapadia stated that this latest round would lead the company to profitability, he declined to disclose what valuation the round...
Venmo Rewards app
FinTech News

Venmo Announces Rewards Program for Debit Cardholders

by Fioney Staff
In just the past couple of years, the number of FinTechs offering their own debit card products has exploded. Thus it only makes sense that these companies would want to find new and creative ways to incentivize use of these various cards. That seems to be the playbook popular peer-to-peer payments app Venmo is following, announcing the rollout of  Venmo Rewards for Venmo Card users. With Venmo Rewards, cardholders will...
Credit Karma savings app
FinTech News

Credit Karma Debuts High-Yield Savings Product

by Fioney Staff
If you've ever wanted to check your credit score for free online, there's a great chance you've encountered Credit Karma. Started in 2007, the site has not only become a leader in the space but has also grown into one of the largest FinTech operations in the U.S. with a valuation of more than $4 billion. Now the company is trying something new, rolling out a high-yield savings product to...
man speaking into a microphone
FinTech News

OCC's FinTech Charter Plans Struck Down by Judge

by Fioney Staff
Ever since the Office of the Comptroller of the Currency announced plans to offer FinTech startups special purpose national bank charters, the move has been marred in controversy. In addition to criticism from politicians, those plans led to lawsuits being filed by state regulators and the Conference of State Bank Supervisors alike. Now a judge has sided with those detractors, declaring that the OCC does not have the right to...
Bitcoin IRA app
FinTech News

Bitcoin IRA Announces Interest-Earning Crypto Accounts

by Fioney Staff
The idea of treating cryptocurrencies as an investment is certainly not new. Unfortunately, due to the volatile nature of most digital currencies, it can be difficult for investors to play the long game. Now Bitcoin IRA is looking to incentivize long-term crypto holders by allowing them to earn interest on their crypto and cash through lending their assets. This new program will find Bitcoin IRA partnering with the digital asset...
Venmo and Synchrony logos
FinTech News

Venmo Announces Credit Card to Launch Next Year

by Fioney Staff
It looks like Venmo is getting into the credit card game. The reveal of plans for a Venmo card came as the app's parent company PayPal announced it was expanding its relationship with Synchrony. As a result, the bank will be the exclusive issuer of the upcoming card. While few details about the Venmo credit card were offered, the press release does note that it will "combine Venmo's expertise in...
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Checking Account Review

2025 SoFi Checking and Savings Review

by Kyle Burbank
 Ever since I started taking an interest in the FinTech sector, one company whose name I’ve seen pop up over and over again is SoFi. That was later sent into overdrive as the company has not only become a household name thanks to its stadium naming rights deal but also because of the company’s continued product expansions. The most interesting development in my mind is SoFi’s acquisition of Golden Pacific...
Travelers with two Best Western Credit Cards
Credit Card News

Best Western Debuts Two New Rewards Credit Cards

by Kyle Burbank
After pausing applications for their previous rewards card, the hotel chain Best Western has unveiled a new pair of rewards credit cards with a new issuer. About the Best Western cards: Best Western is partnering with First Bank & Trust and Mercury Financial to introduce two new co-branded credit cards. First up is the no-annual-fee Best Western Rewards Visa Signature Card. With this card, customers can 4x points on Best...
Marriott Bonvoy card and a woman on vacation
Credit Card News

Marriott Bonvoy Bold Card Launches Travel Contest

by Kyle Burbank
Chase and Marriott Bonoy have unveiled a special contest while continuing to offer its best-ever welcome bonus. About the welcome bonus and Bold Chat Court Contest: Marriott Bonvoy and Chase have launched a special opportunity called the Bold Chat Court contest. As part of this contest, 10 lucky travelers will be awarded 500,000 Marriott Bonvoy points (for a total of 5 million) as well as $5,000. For this contest, the...
Bilt and All Reward logos
Credit Card News

Bilt Adds 2 New Transfer Partners Including First 3:2 Transfer Rate

by Kyle Burbank
Bilt is once again expanding its travel transfer rewards program — and is even breaking the mold with one new partner. About the new additions to Bilt: This week, Bilt launched partnerships with two more travel brands: TAP Air Portugal and Accor. As a result, Bilt members will now be able to transfer their points to Miles&Go and ALL Reward, respectively. In total, Bilt now has 18 transfer partners including 13...
PayPal Debit Card app
Checking Account Review

PayPal Debit Card Review: Earn Stackable 5% Cash Back

by Kyle Burbank
In recent weeks, PayPal debuted an updated debit card product (perhaps you've seen the incessant Will Ferrell commercials for it during football games?). With the launch of this card, the company known for online payments is encouraging customers to pay with them anywhere. To encourage such behavior, the debit card allows cardholders to earn 5% cashback — although, as you can imagine, there are some important restrictions on that. So,...