Facebook Inc further extends its reach towards establishing its dominance in the Asian market. Having that it’s instant-messaging app – WhatsApp partners with multiple Indonesian digital payment firms to offer their mobile transaction services.
Apple officially launched its Apple Card payments service to the US customers along with introducing its Daily Cash rewards program and other benefits.
AOFEX Exchange is known for its non-standardized option trading service that helps investors hedge the risks of their digital investments. NSO trading awards are said to be launched this month.
Noah Kerner, the CEO of Acorns, anticipates converting niche savings app into bank option utilized by about 100 million users, while celebrities are opting for Acorns to invest in.
Ron Paul believes that a recent announcement of a real-time payment service dubbed “FedNow” can be interpreted as an anti-crypto move.
Amazon has announced that its Amazon Managed Blockchain will now have cloud support through its AWS CloudFormation. This new function will make establishing blockchain networks a lot easier and also improve scaling.
Online payments firm Klarna, which has attracted a growing following with its “buy now, pay later” service for shoppers, said it had raised $460 million in a funding round that makes it Europe’s most valuable fintech startup.
Facebook has recently hired Susan Zook, a former aid to the chairman US Senate Banking Committee to work on lobbying Facebook’s Libra cryptocurrency project.
Fed announced creating a system that would allow consumers and businesses to send and receive money instantaneously allowing any U.S. bank to immediately complete debits, virtual transfers and checks.
Let’s dig deeper into what Libra is, what it might mean to the global economy, and why it’s currently below the U.S. authorities’ radar.
Square has just published its quarterly report for the second quarter of 2019. The report shows that the company generated $125 million in Bitcoin sales through its Cash App.
The forces of digital banks and fintechs like Revolut and N26 are converting bank halls into museum primarily due to their massive adoption by users. Their key selling point is to upgrade your incumbent banks into self-driving money.
Revolut, the financial services firm, has just launched a new digital service that will allow its customers trade U.S. stock from the New York Stock Exchange and Nasdaq. The service will be free and available to all customers.
A report released by KPMG issue hopes that the second half of 2019 could witness record-breaking highs fueled by massive M&A closings. This comes despite the fintech investment in the U.S. fell during HI’19.
Visa Inc. has announced the expansion of its Fast Track program to startups in the U.S. The multinational payment company will use this program to help fintech startups integrate Visa with their respective platforms.