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
Report Suggests Two Groups Responsible for Majority of Crypto Hacks
As the popularity and awareness of cryptocurrencies has increased in recent years, media coverage of hacks and other thefts has also been elevated. This might make it seems as though crypto hackers are common and widespread. However, according to a new report by Chainalysis, as covered by Fortune, the majority of these hacks can likely be attributed to two groups. What's more, both are apparently still active. Chainalysis suggests that 60%...
FinTech News
FinTechs Self Lender and Steady Announce Partnership
In recent years there have been plenty of examples of FinTechs partnering with (or sometimes being purchased by) traditional institutions. Oddly it's somewhat less common to hear about two complimentary startups working with each other. Yet that's exactly what Self Lender and Steady are doing, announcing a new partnership aimed at benefiting gig economy and other independent workers. Self Lender is a platform that allows users to take out credit-building...
FinTech News
Apple Pay Acceptance Expanding to More Major Retailers
When Apple Pay was first announced in 2014, it was expected to usher in a new age for mobile payments. While it has certainly helped move adoption of the technology forward, it's hard to argue that it reached the heights it aimed for at its launch. However the built-in smartphone payments feature does keep making in-roads. This week Apple annouced that Pay it will soon be rolling out to more major...
FinTech News
How the Government Shutdown is Impacting the FinTech Sector
Now in its second month, the current partial federal government shutdown is easily the longest in United States history. This extended shutdown has not only had a direct impact on thousands of federal employees and their families but has also affected various private sector businesses in some unexpected ways. As Forbes reports, several FinTech firms are among those hit by the shutdown as well. Easily the most talked-about aspect of...
FinTech News
Another Crypto Sell-Off Hits After Ethereum Upgrade Delayed Again
After a disappointing 2018, cryptocurrency investors have high hopes for 2019. Unfortunately the new year has yet to bring much good news. Most recently, as Forbes reports, many assets including Bitcoin, Etherum, Litecoin, XRP, and others experienced another sell-off, with a total of $6 billion in market capitalization being lost in the past day or so. While there was a period last year where it seemed that Bitcoin had found...
FinTech News
FinTech Firms Look to Hire Compliance Officers
Financial technologies companies have always operated in a tough spot. Not only do they often occupy a space where regulatory guidelines are blurry at best but they also need to explain their innovations to agencies that might not fully comprehend these new ways of doing things. That's why it should come as no surprise that a number of FinTechs are currently hiring for a key position: compliance officer. As Bloomberg...
FinTech News
