With a downcast earnings season passing the halfway mark, results from financial-technology and vaccine makers will arrive this week amid questions about consumer spending and demand for COVID-19 drugs. As Read more
Tag: fintech
Unicorns and robots, oh my! Future advances in fintech may radically change how we invest, save and spend.
In many ways, 2022 marks the 10th anniversary of the fintech phenomenon. While companies such as E*Trade, Rocket Mortgage and TurboTax all began to disrupt the established financial services market Read more
Federal regulators look to update bank-merger rules amid fintech challenge
Federal bank regulators continue to signal they’re on a path to update bank-merger guidelines that have been in place since 1995 in light of how the competitive marketplace has changed Read more
Fintech startup Yotta customer wins $500,000 in sweepstakes drawing
A Georgia resident named Nicolette, in the midst of a breakup with her husband, was looking online for a new bank when she came across a financial technology startup called Read more
Fed official suggests easing of big-bank merger rules as competition from fintech increases
The U.S. Federal Reserve Board should consider relaxing bank-merger guidelines focused on branch concentration, last updated in 1995, to account for competition from financial technology companies, Michelle Bowman, a governor Read more
Upstart earnings spark questions about company’s ‘fintech’ narrative
Shares of Upstart Holdings Inc. were sinking more than 11% in premarket trading Tuesday as analysts digested the lending company’s new reality. While executives at Upstart UPST, -6.85% defended the Read more
Fintech platform Moonfare aims to democratize private equity
When it comes to investing, most people either toggle between stocks and bonds with little exposure to private equity and other alternatives. Moonfare Gmbh aims to change this with its Read more
Fidelity Is Launching Bitcoin 401(k)s. Fintech Start-Ups Are in the Market Too.
Bitcoin IRA lets users invest in 65 cryptocurrencies. Yuriy Kopilets/Dreamstime.com Fidelity Investments made waves in the retirement-planning industry when it became the first of the major record-keepers to roll out Read more
Why Apple’s BNPL efforts could mark a ‘tipping point’ in lending
Apple Inc.’s expansion into buy-now pay-later financing could be just the beginning of an attempt to shake up the traditional payments system. The consumer-electronics giant has made other ventures into Read more