Yahoo Finance launched a new savings app called Tanda which allows groups of five or nine people to save money; the app pools money from the group each month and each member of the group gets access to the pool at different months; the company charges a fee on the first two payouts but offers a bonus to users who can wait for the money; the pool can reach $2,000 and Tanda has partnered with Dwolla to vet users. Source.
The Silicon Valley Bank collapse highlighted the importance of a little-discussed but key feature of healthy banks and fintechs - backup servicing.
It marks crypto’s first appearance in the central bank’s “Economic Well-Being of U.S. Households” survey.
I’ve blogged a bit about the Finverse – where the metaverse and crypto come together – and was reading Jemima Kelly’s column on the FT about the Metaverse and crypto. She states: As far as I’m concerned, the hypocritical fantasy that underpins crypto also lies at the heart of the …
The CEO of Prime Meridian Capital Managements gives his thoughts on marketplace lending today and what investors need to know. Source
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Finastra and Bakkt announced their plans to make Bakkt's digital marketplace and wallet available via Finastra's open developer platform.
There was a lot of fanfare and buzz surrounding Facebook’s Libra white paper but U.S. lawmakers were showing skepticism towards...
These are the top 5 UK financial institutions ranked by the mobile banking features consumers value most Celsius Network Completes...
Super apps in Asia have been a resounding success. However, will Europe and the U.S. see the same adoption? We spoke to Revolut's U.S. head of growth to find out.