FinTechUpdate

Klarna’s Vision for the Future: Embracing AI and Navigating Toward IPO Success
In a recent interview, Sebastian Siemiatkowski, CEO of Klarna, provided insights into the company's strategic direction, including the integration of AI technology and plans for an...
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The Surprising Ways Personal Finances Influence a Small Business’s Outcome
Personal finance may seem like a topic of discussion you should keep separated from your professional life. Yet, surprisingly, it can impact your business’...
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Yahoo Acquires Commonstock to Provide More Insights for Yahoo Finance Users
Yahoo announced it has acquired Commonstock, "a broker-agnostic social and community-based platform that drives insights for retail investors."...
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FTC Cracks Down On Intuit’s ‘Free’ Tax Service
The Federal Trade Commission has ordered Intuit to stop advertising its "free" tax service, saying the company "engaged in deceptive practices."...
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Lowe’s Finally Adopts Apple Pay
Lowe's is finally adopting Apple Pay, providing users with an easier way to pay and checkout. Lowe's w...
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Apple Pay and Apple Card Was Down This Morning
Apple Pay and Apple Card was down for some users Wednesday morning, with Apple acknowledging the issue....
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Amazon Is Removing Venmo As a Payment Option
Amazon is dropping support for Venmo as a payment option, although existing users can continue using it a few more weeks....
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Zelle Begins Refunding Customers Scammed Out of Their Money
Zelle has begun refunding customers who fell victim to scams, although it seems the company's actions are not entirely voluntary....
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Elon Musk Wants X to Handle Users’ ‘Entire Financial Life’
In what may be one of the most terrifying prospects, Elon Musk wants X to handle users' "entire financial lives."...
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Fintech In Africa: An Attractive Opportunity For Investors
All eyes seem to be on Africa as the next emerging fintech ecosystem following a remarkable two years of venture capital funding rounds, despite the global...
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US Banks Are Laying Off Tens of Thousands
While tech layoffs may get more headlines, US banks are laying off tens of thousands of workers in 2023....
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JPMorgan Testing Biometrics to Replace Credit Cards
JPMorgan is testing a way to replace credit cards, using biometric identification as a way for users to pay for purchases....
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Goldman Sachs Is Over Its Apple Card Deal
The honeymoon is over between Goldman Sachs and Apple, with the former ready to dump the Apple Card as soon as possible....
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6 Business Skills to Succeed as a Real Estate Investor
One of the most important things to understand about real estate investing, in general, is that you need a diverse set of skills to thrive. Many people mak...
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American Express Launching Crypto Rewards Credit Card
In a first for the credit card company, American Express has launching a card that rewards users with cryptocurrency instead of traditional rewards....
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