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
Bitcoin IRA Announces Interest-Earning Crypto Accounts
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...
FinTech News
Venmo Announces Credit Card to Launch Next Year
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...
FinTech News
Upgrade Inc. Introduces Upgrade Card Credit Card
Last year the FinTech lender Upgrade announced it was launching a new personal line of credit option for its customers. At the time the company's co-founder and CEO (and former Lending Club head) Renaud Laplanche declared, “We’re going to replace credit cards.” Now, 18 months later, Upgrade is actually introducing a credit card of their own — although the Upgrade Card bears some important distinctions from typical credit card products. The...
FinTech News
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 will be testifying before congress about Libra. According to CNBC, Zuckerberg is slated to appear...
FinTech News
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 the FinTech has revealed details about their renamed and revamped Cash Management account. Not surprisingly...
FinTech News
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 as Apple Cash and, most recently, Apple Card. Now Samsung is also looking to broaden...
FinTech News
