FinTechUpdate

In the hustle and bustle of daily life, it's easy to overlook the importance of financial wellness. Unfortunately, finances are a significant source of str...

Supporting Credit Fintech Innovation With Alternative Data

Having a positive credit score can be the key to achieving financial freedom. Unfortunately, millions of Americans are unable to enjoy this luxury under th...

Klarna’s Vision for the Future: Embracing AI and Navigating Toward IPO Success

In a recent interview, Sebastian Siemiatkowski, CEO of Klarna, provided insights into the company's strategic direction, including the integration of AI technology and plans for an...

The Surprising Ways Personal Finances Influence a Small Business’s Outcome

Personal finance may seem like a topic of discussion you should keep separated from your professional life. Yet, surprisingly, it can impact your business’...

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."...

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."...

Lowe’s Finally Adopts Apple Pay

Lowe's is finally adopting Apple Pay, providing users with an easier way to pay and checkout. Lowe's w...

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....

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....

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....

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."...

Fintech In Africa: An Attractive Opportunity For Investors

All eyes seem to be on Africa as the next emerging fintech ecosystem following a remarkable two years of venture capital funding rounds, despite the global...

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....

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....

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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