Acorns reaches out to veterans to kick off underserved customer strategy
/
Banking and investing app Acorns is waiving subscription fees for veterans in an effort to reach more underserved customers.
Read More
Fintech News Stories
Charles Schwab faces class action complaint over robo-adviser cash-sweep practices
/
A group of investors have brought a class-action complaint against brokerage Charles Schwab. They claim the company violated fiduciary and consumer-protection responsibilities through its Schwab Intelligent Portfolios’ cash sweep program.
Read MoreTransUnion to acquire Neustar in $3.1B deal
/
Credit reporting company TransUnion announced plans to acquire Neustar, a Virginia-based company that offers real-time business information and analysis tools that help businesses find new customers and determine which ads should serve them.
Read MoreFacebook is buying unpaid invoices as it moves into debt collection business
/
Facebook is buying up $100M of unpaid invoices from small businesses who will, in turn, pay back Facebook under terms the company says are affordable.
Read MoreCoinbase Lend is facing pushback from the SEC, the company says
/
Cryptocurrency exchange Coinbase, which recently went public, says it’s facing possible enforcement action from the Securities and Exchange Commission (SEC) over its Coinbase Lend product that it expected to launch in the coming weeks.
Read MoreMastercard amplifies blockchain play with CipherTrace buy
/
Mastercard announced plans to acquire Menlo Park, California-based blockchain analytics startup CipherTrace for undisclosed terms.
Read MoreWalgreens launches financial wellness offering
/
If Walmart’s fintech offering will be called Hazel, then Walgreens is going Scarlet. The pharmacy chain this week launched a bank account, debit card and personal finance planning tools under the Scarlet brand name.
Read MorePayPal to acquire ‘buy now, pay later’ fintech Paidy for $2.7B
/
PayPal expanded its global ‘buy now, pay later’ (BNPL) bet through its planned acquisition of Paidy, a Japan-based BNPL provider.
Read MoreRent payment platform Till launches flexible installments and rent protection for tenants
/
Till, a platform that allows renters to pay landlords, is rolling out a bundle of new features to entice renters to pay their bills on time, including the capability to spread out payments over a month, rent protection loans, and rewards for platform users.
Read MoreGoDaddy launches invoicing and payments for web designers and developers
/
GoDaddy, the domain registrar and web hosting company, is pushing ahead into financial technology by rolling out invoicing and payments capabilities for web designers and developers who use its platform.
Read MoreVisa pays $150,000 for NFT called CryptoPunk 7610
/
Payments giant Visa this week lent the crypto ecosystem a vote of confidence by buying a non-fungible token (NFT) called CryptoPunk 7610.
Read MoreTaliban control of Afghanistan gives boost to underground crypto economy
/
With the Taliban solidifying their control over Afghanistan over the past couple of weeks, the country has plunged into a financial crisis, with a cash shortage, a currency in freefall, and rising prices of consumer goods.
Read MoreBinance crypto traders seek damages for millions lost during May outage
/
Binance, the world’s largest cryptocurrency exchange by volume, is facing legal action over a May 19 hour-long outage that resulted in millions of dollars in traders’ money lost, claimants allege.
Read MoreNerve, a neobank for musicians, to launch in September
/
Nerve, a neobank for musicians, aims to serve musicians with FDIC-insured accounts that help the musician separate their personal and financial lives; streaming and follower data; free instant payments to other Nerve users; and a networking feature that allows musicians to collaborate with one another.
Read MoreGreen-themed challenger bank Aspiration to go public in $2.3B SPAC deal
/
Aspiration, an 8-year-old Los Angeles-based challenger bank, is going public through a merger with special-purpose acquisition company InterPrivate III Financial Partners Inc.
Read More
