FinTech News Archives - Page 89 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.

Finn mobile app on different phones
FinTech News

Chase Closing Down Its Finn Mobile Bank App

by Fioney Staff
Back in October 2017, JP Morgan Chase announced the launch of a Millennial-targeted mobile bank called Finn. In addition to offering customers access to Chase ATMs and allowing them to deposit checks, it also had some unique features such as the ability to rate transactions using emojis. Now, 18 months later, the bank account that is Finn will soon be no more. According to Forbes, JP Morgan will fold Finn...
Kik app icon
FinTech News

SEC Suing Kik Over "Kin" Initial Coin Offering

by Fioney Staff
It seems that the United States Securities and Exchange Commission (SEC) is cracking down on initial coin offerings (ICOs). As Bloomberg reports, the agency is now suing the popular messaging app Kik over the 2017 launch of "Kin." That ICO reportedly raised $100 million for the app, but the SEC says the token amounted to an unregistered security, making its sale illegal. In a press release regarding the suit, the...
FinTech News

Wealthfront Raises Cash Account APY to 2.51%

by Fioney Staff
Last week the robo-advisor platform Wealthfront announced that it was increasing the interest rate on its Cash Account to 2.51% — up from 2.29%. According to Bankrate, that makes the offering the "top-yielding account nationwide."
Zero card and app
FinTech News

FinTech Zero Raises $20 Million for Its Credit/Debit Hybrid Card

by Fioney Staff
It looks like another FinTech firm is set to help change the way Millennials manage their money thanks to an injection of venture capital. As TechCrunch reports, this week Zero announced it had raised $20 million in Series A funding. This latest round was led by New Enterprise Associates and brings the company's total equity and debt funding to $35 million. Citing statistics showing Millennials' apprehension about credit cards, Zero...
rows of Facebook tablets
FinTech News

Facebook's Digital Currency to Reportedly Be Called "GlobalCoin"

by Fioney Staff
It was only a few weeks ago that word came down that Facebook was still hard at work developing their own cryptocurrency and getting partners on board. Now it seems those plans are firming up, with a potential name and launch timeframe emerging. According to BBC News the digital currency has been referred to internally as GlobalCoin and Facebook hopes to bring it to a number of markets as early...
bankers sitting in front of computers
FinTech News

Wells Fargo and Barclays Invest in OpenFin's $17 Million Round

by Fioney Staff
Two major banks are backing a FinTech startup OpenFin in their latest funding round. Not only did Wells Fargo lead the $17 million Series C but Barclay also participated alongside previous investors, including JP Morgan Chase, Bain Capital Ventures, and others. According to Reuters, the company will now put those funds to use creating a better technology ecosystem for financial institutions. As TechCrunch explained, OpenFin has described itself as "the...
Binji app and debit card
FinTech News

FinTech Binji Launches Its "Complete Personal Finance Solution"

by Fioney Staff
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...
a pile of "bitcoins"
FinTech News

Bitcoin Surges to Highest Price in 10 Months

by Fioney Staff
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...
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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,...