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FinTechUpdate

Andreessen Horowitz Wants to Manage the Finances of Startups It Invests In
VC firm Andreessen Horowitz (a16z) may be looking to more aggressively protect its investments by managing the finances of startups it invests in....
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The Surprising Ways Personal Finances Influence a Small Business’s Outcome
There are a number of surprising ways that one's personal finances can influence a small business's outcome. Learn some helpful tips below....
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Yahoo Acquires Commonstock to Provide More Insights for Yahoo Finance Users
Yahoo announced it has acquired Commonstock, "a broker-agnostic social and community-based platform that drives insights for retail investors."...
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FTC Cracks Down On Intuit’s ‘Free’ Tax Service
The Federal Trade Commission has ordered Intuit to stop advertising its "free" tax service, saying the company "engaged in deceptive practices."...
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Lowe’s Finally Adopts Apple Pay
Lowe's is finally adopting Apple Pay, providing users with an easier way to pay and checkout....
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Apple Pay and Apple Card Was Down This Morning
Apple Pay and Apple Card was down for some users Wednesday morning, with Apple acknowledging the issue....
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Amazon Is Removing Venmo As a Payment Option
Amazon is dropping support for Venmo as a payment option, although existing users can continue using it a few more weeks....
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Zelle Begins Refunding Customers Scammed Out of Their Money
Zelle has begun refunding customers who fell victim to scams, although it seems the company's actions are not entirely voluntary....
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Elon Musk Wants X to Handle Users’ ‘Entire Financial Life’
In what may be one of the most terrifying prospects, Elon Musk wants X to handle users' "entire financial lives."...
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Fintech In Africa: An Attractive Opportunity For Investors
Want to learn more about why fintech in Africa is an attritive opportunity for investors? Check out more in the narrative below....
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US Banks Are Laying Off Tens of Thousands
While tech layoffs may get more headlines, US banks are laying off tens of thousands of workers in 2023....
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JPMorgan Testing Biometrics to Replace Credit Cards
JPMorgan is testing a way to replace credit cards, using biometric identification as a way for users to pay for purchases....
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Goldman Sachs Is Over Its Apple Card Deal
The honeymoon is over between Goldman Sachs and Apple, with the former ready to dump the Apple Card as soon as possible....
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6 Business Skills to Succeed as a Real Estate Investor
What business skills will serve you best as a real estate investor? Learn some helpful tips in the article below. ...
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American Express Launching Crypto Rewards Credit Card
In a first for the credit card company, American Express has launching a card that rewards users with cryptocurrency instead of traditional rewards....
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What Is an Investment Portfolio
What Is an Investment Portfolio and how exactly can it impact your business future for the better? Read more below. ...
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Apple Card a Major Factor in Goldman Sachs Q2 $667 Million Loss
The Apple Card is the gift that keeps on giving — and not in a good way — for Goldman Sachs, contributing to a $667 million Q2 loss....
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Bank of America to Pay $250 Million Over Fake Accounts, Withholding Rewards
The Consumer Financial Protection Bureau has agreed to restitution efforts by the Bank of America to the tune of $250 million....
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Goldman Sachs Looking to Exit the Apple Card, Offload to American Express
Goldman Sachs is looking to exit the Apple Card and savings account business, and is reportedly in talks to offload it to American Express....
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The Fintech Solutions for Managing Debt
It is time to follow some practical fintech solutions for managing debt. Learn more in the narrative that follows....
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