FinTechUpdate

Lawmakers Want Tax Firms Criminally Charged for Sharing User Tax Data
Lawmakers are calling on the Department of Justice to criminally charge several tax preparation firms for sharing user data with social media companies....
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Unexpected Ways Bookkeeping Can Save Your Business Money
Bookkeeping, the act of systematically recording and managing financial transactions, is often regarded as a necessary but mundane task for businesses. How...
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Bank of America Experiencing An Outage, Reporting $0 Balances
Users are reporting a major Bank of America outage, with many logging in to their account and being greeted with $0 balances....
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How to Make the Reconciliation Process More Efficient
Most people know businesses pay bills and take in money. Some may be familiar with terms like accounts payable, general ledgers, and accounts receivable....
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DOJ Files Antitrust Lawsuit Against Visa
The Department of Justice has filed an antitrust lawsuit against Visa, accusing the company of maintaining an illegal monopoly and thwarting competition....
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Buy-Now-Pay-Later Surge: What It Means for Consumers and the Economy
The buy-now-pay-later (BNPL) market is experiencing a resurgence, driven by the growth of fintech companies like Affirm and Klarna, which are quickly becoming dominant players in t...
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Navigating the 2024 Refinance Boom: Strategies for Smart Savings
Getting a college degree is one of the most significant milestones every teenager looks forward to. Buying a residential property is a dream that many youn...
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Andreessen Horowitz Wants to Manage the Finances of Startups It Invests In
VC firm Andreessen Horowitz (a16z) may be looking to expand its services by managing the finances of startups it invests in....
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Google Adds Support for 29 Additional Banks to Google Wallet
Google continues to expand support for Google Wallet, adding 29 additional banks in the US to the list of those supported by the app....
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Apple Is Killing Off Its Apple Pay Later Service
Apple is killing off its Apple Pay Later, just over a year after it was first introduced and less than a year after it became widely available....
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E-Trade May Ban Keith Gill of GameStop Meme Stock Fame
E-Trade is considering a possible ban of Keith Gill, the meme stock trader who has been responsible for sending GameStop's stock soaring....
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What You Need to Know About the Rising Threat of Banking Trojans
In the ever-evolving landscape of cyber threats, banking app trojans stand out as one of the most insidious dangers today. These sneaky apps have the poten...
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NerdWallet’s Strategy Amid Tight Lending
In a recent interview with CNBC, Tim Chen, the CEO of NerdWallet, discussed the company's latest quarterly results and it...
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ClickIPO Is Now Click Capital Markets
ClickIPO, the fintech company that facilitates turnkey access to IPOs, announced it has rebranded itself as Click Capital Markets....
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AI’s Impact on Banking: IBM’s Vision for the Future
In the ever-evolving landscape of technological advancement, artificial intelligence (AI) stands as a beacon of innovation, reshaping industries and revolutionizing traditional pra...
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