The company is partnering with Remitly to let users in Mexico cash out crypto transfers in pesos — a service that will be free through March.
Claiming to be the first bank in the metaverse, JPMorgan announced the opening of a “lounge” in Decentraland. The bank doesn’t appear to believe that its metaverse presence will serve random metaverse visitors who will, on a lark, decide to open a checking account, however.
American Express presses further into banking, rolling out digital rewards checking. Experts assess what the card giant has in mind.
PayTile, an 'airdrop for cash' geolocation-based payments system partnered with Cross River to enable users to send p2p privately.
When we really started covering financial inclusion and financial health here at LendIt five years ago it seemed that we had a very long way to go. Tens of millions of consumers were still left outside the financial system with no credit score and therefore had little to no access to credit. That has changed a great deal in the last five years. At the same time we have seen an explosion in Buy Now Pay Later (BNPL) platforms. Our […]
Republicans urged federal authorities to take a light-touch approach to regulating stablecoins during a Senate Banking Committee hearing, while Democrats intensified demands for strong consumer protection.
Marqeta Partners with Plaid on ACH Transfers. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
For example, PayPal added 120 million new customers over the past two years, to bring its total user base to 426 million. Last year, it used incentivizing customer acquisition tactics, such as cash rewards upon signing up, to a much greater extent than ever before, according to its CFO John Rainey.
The Financial Brand published an interesting piece challenging the use of the word bank in a brand. It got me thinking, and agreeing with their summation, which is yes. Sure, you can have Chime, Chase, Citizens and Truist, but is that the right thing. In fact, on the last point, …
Early-stage fintech-focused venture firm Better Tomorrow Ventures has raised $225 million for its second fund — triple the amount it raised for its debut fund that closed in September of 2020. Founded by Sheel Mohnot and Jake Gibson in November of 2019, San Francisco-based Better Tomorrow Ventures (BTV) has allocated $150 million to invest in […]