The headlines swirl around Synapse’s bankruptcy and customers’ tales of being frozen out of their accounts. The FinTech space is always evolving, and the ongoing legal wrangling and attempts to find $85 million in account shortfalls will seemingly be long and drawn out, with no...
Robinhood has introduced new, lower margin rates that it said are the lowest among leading brokerages. The rates vary based on the customer’s total margin balance and range from 5.7% to 6.75%, the online brokerage said in a Tuesday (May 21) press release. Six rates are offered...
Digital bank Onyx Private is reportedly changing its business model and “moving away from the B2C model.” The company is not shutting down, Onyx Private CEO Victor Santos told TechCrunch in a report posted Monday (March 18). Santos said this when asked by TechCrunch about an email Onyx Private sent...
Budgeting and managing expenses are fundamental aspects of individual financial well-being. However, when it comes to couples, these practices take on a heightened significance. Financial disagreements rank among the top contributors to relationship strain and even divorce, underscoring the critical importance of effective money management...
September 07, 2023
Consumers’ appetites for an all-in-one app are growing, with nearly 4 in 10 European consumers craving a single app to manage their everyday digital activities. PYMNTS’ latest research shows this trend is particularly popular among consumers in Italy and Spain. This growing sentiment is detailed in “The Global Appeal of an Everyday App: Focus on […]
August 03, 2023
Super apps like Alibaba’s Alipay and Tencent’s WeChat have become super successful in Asia. Their market dominance in turn has made Western entrepreneurs “super” interested in building their own, perhaps...
January 27, 2020
In the paycheck-to-paycheck economy, estimates vary slightly. Some analysts have reported that roughly 65 percent of all U.S. workers now live paycheck to paycheck, and a large fraction of those...
October 30, 2019
The need is pretty clear in the world of payments: Apps can potentially be game-changers, but only if they are seamless and bring more convenience to consumers’ lives. And the...
June 20, 2024
Investing and checking accounts app Acorns reportedly expects to launch an initial public offering (IPO), possibly sometime in the next couple of years. “That is likely something we will do in the future,” Acorns CEO Noah Kerner told Bloomberg Television on Thursday (June 20), adding that it could be in the next couple of years, […]
May 21, 2024
Robinhood has introduced new, lower margin rates that it said are the lowest among leading brokerages. The rates vary based on the customer’s total margin balance and range from 5.7% to...
March 18, 2024
Digital bank Onyx Private is reportedly changing its business model and “moving away from the B2C model.” The company is not shutting down, Onyx Private CEO Victor Santos told TechCrunch in a report posted Monday...
February 08, 2024
FIS has debuted a platform that lets its clients’ customers share banking data. The Florida-based global FinTech has signed agreements with data networks Akoya, Envestnet, Yodlee, MX and Plaid to integrate into the FIS Open Access platform, the...
