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
Tally Introducing Free Automated Savings Service
Something that often gets lost in all the talk and controversy surrounding FinTech is that many of the companies wearing that label aim to improve the financial lives of their users, not hurt them. From making investing more accessible to giving consumers more effective tools for getting out of debt, there are numerous apps that provide a real service to their users. One popular method employed by many of these...
FinTech News
Paxos Discusses Plans for Precious Metal and Stock-Backed Cryptocurrencies
When it comes to the general public, easily the biggest concern about cryptocurrencies is the perception that they amount to “fake money.” In response there have been those that have touted so-called stablecoins that are pegged to fiat currencies. Now, as Fortune reports, Paxos is looking to roll out a token backed by commodities, such as gold, as well as others tied to publicly traded stocks. Paxos actually already has...
FinTech News
FinTech Affirm Brings Financing to Walmart Shoppers
Over the past decade or so FinTech firms have strived to make financing more transparent, efficient, and affordable. In turn they’ve also helped give customers who may not qualify for traditional financing more options to choose from. One of the companies at the forefront of this movement is Affirm — and the company just landed a major new client. Affirm recently announced that it was partnering with Walmart to bring...
FinTech News
Coinbase and XRP Come Off Week of Controversies
In the week since the Coinbase Pro announced it was adding XRP to its platform, controversy has surrounded both the exchange and the asset in question. Between criticisms about one of Coinbase’s acquisitions to questions about what role Ripple played it the platform listing XRP, both companies have found themselves on the defensive. Starting with Coinbase, their largest current controversy actually revolves around their acquisition of Neutrino earlier this year....
FinTech News
A Look at FinTech's "Minotaurs"
Have you ever encountered a minotaur? Well, a minotaur company, that is? Just as the name “unicorn” has become a popular term for private companies valued at more than a billion dollars, Axios has coined the term “minotaur” to describe startups who have raised upwards of one billion in funding. In all the site found 55 such companies around the world with three of them coming from the FinTech space....
FinTech News
Coinbase Pro Adds XRP to Exchange
At long last one of the top cryptocurrency exchanges has added support for one of the most popular digital assets. This week Coinbase announced that it was bringing Ripple (XRP) to Coinbase Pro, joining other coins such as Bitcoin, Etherum, Litecoin, and others. Since the announcement, XRP has seen prices increase by more than 3% and is currently trading at around $0.32 per coin. In a blog post Coinbase announced...
FinTech News
