FinTechUpdate

DOJ Suing to Block Visa’s Plaid Acquisition
The Department of Justice (DOJ) is suing to block Visa’s acquisition of Plaid, citing concerns over Visa’s monopoly in the online payments market....
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WhatsApp Now Delivering Over 100 Billion Messages a Day
WhatsApp is now delivering over 100 billion messages a day, solidifying its position as one of the most popular communication methods....
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PayPal Embraces Cryptocurrency, Enables Buying and Selling
Cryptocurrency received a big boost today, with the announcement that PayPal will support buying, selling and holding cryptocurrencies....
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Robinhood In Hot Water Again Over Hacked Accounts
Robinhood has been in the news again, and not the way it wants, as some 2,000 accounts have been hacked....
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IBM: Barriers To Digital Transformation Have Broken Down
"The barriers have broken down now in digital transformation because of people working from home and the need to adopt faster," says Brenda Harvey, General...
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AI Reshaping Wealth Management With Aiera
Ken Sena, co-founder, and CEO at Aiera discuss...
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T-Mobile Money Expands to Sprint Users
Sprint customers now have full access to T-Mobile’s banking solution, T-Mobile Money, following their merger....
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Capital One Fined $80 Million For Security Negligence
Capital One has been fined some $80 million by the government for failing to adequately protect consumer data....
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DOJ Reviewing Intuit’s Credit Karma Deal
The Department of Justice (DOJ) is reviewing Intuit’s recent attempt to acquire Credit Karma over anticompetitive concerns....
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Robinhood Rethinks UK Expansion Plans
Robinhood has informed individuals it is calling off its plans to expand to the UK market. Robinh...
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PayPal Looking To Enter Cryptocurrency Space
PayPal is looking to get into cryptocurrency, opening the door for its 365 million customers. Cry...
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Robot Stock Analysts Outperform Humans
In further evidence robot domination may yet be in our future, a study has shown robot stock analysts outperform their human counterparts, leading to bette...
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WhatsApp Business Sees Ten-Fold Growth
WhatsApp has reported it now has some 50 million users of its WhatsApp Business app. Facebook has...
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Facebook Suffers Setback As Brazil Suspends WhatsApp Payments
Facebook’s plans for WhatsApp have suffered a setback as Brazil’s central bank has suspended payments within the app....
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Facebook Integrates Payments Into WhatsApp
For the first time, Facebook has added the ability to send and receive money to WhatsApp. Faceboo...
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