fintech

  • Prepaid card users will finally be protected from fraud and crazy fees

    Prepaid card users will finally be protected from fraud and crazy fees

    If you’ve been out of touch with the FinTech market recently you may have missed how popular prepaid cards have become. This is especially true when it comes to “open-loop” cards, which are prepaid cards powered by a processor like Visa or MasterCard that can be used anywhere a credit or debit card is accepted. These accounts now look and feel increasingly similar to an… Read More

  • Grow launches its app for socially responsible investing

    Grow launches its app for socially responsible investing

    Amid an increasing number robo-investors like Betterment, Stash, and Robinhood, a new San Francisco-based fintech startup called Grow is entering the fray to compete based on investment type, not only financial returns. While the app operates much like its rivals in terms of making it easier for novice investors quickly build their portfolios, its biggest differentiator is that it focuses… Read More

  • Brazil’s tech-sector bright spots beckon as it begins to emerge from long economic crisis Crunch Network

    Brazil’s tech-sector bright spots beckon as it begins to emerge from long economic crisis

    Brazil showed off its cultural brilliance, spirit and national pride during the recent Olympic Games in Rio. Despite a prolonged macroeconomic crisis, the world’s ninth largest economy is showing positive signs that it may roar back as an investment magnet and innovation powerhouse — especially driven by fast-growing tech sectors that have continued to deliver growth rates. Read More

  • Square Cash users can now spend their balance with a virtual debit card

    Square Cash users can now spend their balance with a virtual debit card

    Here’s a cool feature from Square Cash – the company launched a virtual card product yesterday, which gives every user a virtual Visa debit card number that they can use to spend their balance anywhere that accepts Visa. This means that you could spend your Square Cash balance on Amazon (or any online shopping site) by simply entering this virtual card number as a payment option. Read More

  • AI can make your money work for you Crunch Network

    AI can make your money work for you

    The way we thought of apps in 2008 is how we’ll view artificial intelligence five years from now; 2016 will look like the AI stone age. Although apps have created completely new behaviors, especially in the fintech space with mobile banking and shared payments, the app economy, unfortunately, seems to be reaching a peak, and monetizing an app has become an uphill battle. Read More

  • Digit, a simple app to help you save, launches Android app

    Digit, a simple app to help you save, launches Android app

    Whether you’re working out of a dorm room or running a billion-dollar company, a little pivot can go a long way. At their worst, pivots can derail a company’s success, but at their best, they demonstrate a company is still attuned to its user base — no matter how big it gets. Digit, a fintech service that helps people save, launched a year and a half ago with the… Read More

  • Hong Kong unveils a digital hub to boost fintech startups and innovation

    Hong Kong unveils a digital hub to boost fintech startups and innovation

    Hong Kong is making a move to challenge Singapore and others as the dominant location for fintech in Asia after the Hong Kong Monetary Authority (HKMA) unveiled a digital hub and new allowances that it believes can spur innovation. Read More

  • Crunch Network

    William Hurley on Honest Dollar’s sale to Goldman Sachs

    Faced with myriad regulatory hurdles and a changing landscape dominated by “too big to fail” banks, investors and entrepreneurs alike have traditionally shied away from fintech. But that doesn’t at all bother Whurley — born William Hurley — who once exited a TEDx talk on a mind-controlled skateboard powered by an XBox Kinect. His latest startup, Honest Dollar… Read More

  • The EU’s new regulatory environment might help fintech flourish Crunch Network

    The EU’s new regulatory environment might help fintech flourish

    The EU’s efforts to regulate financial markets has opened new opportunities for global fintech operators looking for universal standards to tap into the lucrative 28-country marketplace. While over-regulation can stifle growth, the fintech industry, in pursuit of consumer trust, has a lot to gain from a clearly defined regulatory framework. Read More

  • Payment innovation: Take the better option now Crunch Network

    Payment innovation: Take the better option now

    While innovations like mobile payments and biometrics may one day change the way we safeguard consumer financial information in the digital age, we cannot neglect the here-and-now of both online and off-line users. The overwhelming majority of Americans use credit cards at the point of sale. Unfortunately, we’re falling short in protecting them, even though the remedy is simple. Read More

  • SelfScore raises $7.1 million to help international students get credit in the U.S.

    SelfScore raises $7.1 million to help international students get credit in the U.S.

    A startup called SelfScore has raised $7.1 million in new venture funding to help bring much-needed financial services to international students at U.S. colleges and universities. SelfScore co-founder and CEO Kalpesh Kapadia grew up in India, but moved to the U.S. for graduate school in 1995. That’s when he first noticed the challenges of assimilating into what he says is the… Read More

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