Without education, awareness, or utility, any innovation will find it hard to scale. Fortunately for open banking, which allows consumers to securely connect to their bank accounts to pay merchants and service providers using their regular online banking credentials, the innovation can draw from its...
As Amazon and Walmart look to secure the affinity of young consumers whose spending power is on the rise, the two retail giants are looking for new ways to meet Zillennials’ demand for more sustainable practices. Amazon, for its part, announced Thursday (June 20) that...
The relationships between FinTechs, banks and neobanks has been placed under a harsh spotlight with the recent revelations around the Synapse bankruptcy. The reaction from the industry so far has focused on the Synapse case as an isolated incident rather than a systemic issue, but...
The holiday-shortened week saw the FinTech IPO Index slip 2.1%. Year to date, the index has eked out a meager 2.3% gain. Apple’s continued push into payments — and specifically, paying over time — grabbed its share of headlines this past week. Apple, Affirm in...
Investing and checking accounts app Acorns reportedly expects to launch an initial public offering (IPO), possibly sometime in the next couple of years. “That is likely something we will do in the future,” Acorns CEO Noah Kerner told Bloomberg Television on Thursday (June 20), adding...
LTK has enhanced its Creator Commerce platform with a new automatic direct message (DM) tool that makes it easier for creators to share the shopping details of their Instagram posts with their community. With this new tool, LTK DM, shoppers who comment “Shop” on an...
Gynger has raised $20 million in a Series A funding round led by PayPal Ventures to support its embedded financing platform for technology purchases. The company will use the new funding to scale its team and operations and fuel its growth, according to a Thursday...
McDonald’s is preparing to roll out a $5 Meal Deal and other value-oriented offers. The $5 Meal Deal will launch June 25 and will be offered at participating McDonald’s restaurants for a limited time, the company said in a Thursday (June 20) press release. “We...
Savings United, which has over a decade’s experience in helping media partners bring tailored coupons to their readers, has launched its first standalone coupon site. The Coupons4Real couponing platform gives shoppers a “safe place” to find discount codes and special offersand will donate 50% of...
