PayPal Now Offering Two Additional Wireless Card Readers for SMBs
EXCLUSIVE—Payments provider PayPal is now offering two new card readers for small and medium businesses, allowing owners to accept payments...
Betterment Attributes App, Site Crash to ‘High Volume,’ States Accounts Were Secure
EXCLUSIVE—Roboadvisor investment firm Betterment experienced service interruptions yesterday when customers flocked to its site and app after the Dow fell...
It’s Time to Stop Ignoring the Millennial HomeBuyer, Better Mortgage Growth Suggests
EXCLUSIVE— Digital mortgage company Better Mortgage has displayed rapid growth over the last year, originating $157 million in purchase mortgages...
Hong Kong Monetary Authority Drafts Guidelines for Virtual Banks
The Hong Kong Monetary Authority has released draft guidelines for virtual banks looking to set up in the region, the...
Mastercard, Visa Now Classify Bitcoin Purchases as ‘Cash Advances,’ Leading to Fees
Payment processors Visa and Mastercard have re-classified bitcoin purchases and will now view them as “cash advances,” a category that...
As the Dow Crashes, Betterment, Wealthfront Users Locked Out of Site, Mobile App
EXCLUSIVE—Users of roboadvisor investment service Betterment who hoped to minimize the damage of the DOW’s crash—1,500 points as of last...
Do Rewards Need to Change with Mobile Banking? No, Citi Says [VIDEO]
EXCLUSIVE— One of the largest draws for a credit card is its rewards program—an area banks have been competing in...
Stripe to Open Engineering Hub in Dublin
Payments facilitator Stripe has plans to open an engineering center in Dublin, Ireland, a site it chose due to the...
Penta, German Challenger Bank, Raises $2.7M of Seed Funding
Berlin-based challenger bank Penta has raised €2.2 million (or $2.7 million) in seed funding, the bank announced today. The funding,...
5 Startups to Watch: Ledger, Speedinvest, Emma, and More
EXCLUSIVE - Fintech is constantly expanding its reach in the world, adding new customers, new services, and new startups every...
