Financial Apps

Shopping App Tabby Acquires Saudi Digital Wallet Tweeq
Shopping App Tabby Acquires Saudi Digital Wallet Tweeq
September 03, 2024  |  financial apps

Shopping/financial services app Tabby is acquiring Saudi digital wallet Tweeq. The deal, announced Tuesday (Sept. 3), will let Tweeq continue to operate independently, while allowing...

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Acorns Will ‘Likely’ Go Public, CEO Noah Kerner Says
Acorns Will ‘Likely’ Go Public, CEO Noah Kerner Says
June 20, 2024  |  IPO

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...

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FDIC Warnings and ‘False’ Deposit Insurance Claims Spotlight Non-Bank Risks
FDIC Warnings and ‘False’ Deposit Insurance Claims Spotlight Non-Bank Risks
June 11, 2024  |  Consumer Finance

The headlines swirl around Synapse’s bankruptcy and customers’ tales of being frozen out of their accounts. The FinTech space is always evolving, and the ongoing...

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Robinhood Introduces Lower Margin Rates, Targets More Advanced Investors
Robinhood Introduces Lower Margin Rates, Targets More Advanced Investors
May 21, 2024  |  financial apps

Robinhood has introduced new, lower margin rates that it said are the lowest among leading brokerages. The rates vary based on the customer’s total margin balance...

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Onyx Private Shifting Business Model From B2C to B2B
Onyx Private Shifting Business Model From B2C to B2B
March 18, 2024  |  financial apps

Digital bank Onyx Private is reportedly changing its business model and “moving away from the B2C model.” The company is not shutting down, Onyx Private CEO Victor...

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Expense-Sharing Apps Adapt to Changing Relationship Dynamics
Expense-Sharing Apps Adapt to Changing Relationship Dynamics
March 08, 2024  |  financial apps

Budgeting and managing expenses are fundamental aspects of individual financial well-being.  However, when it comes to couples, these practices take on a heightened significance. Financial...

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FIS Debuts Interoperable Platform for Sharing Bank Data
FIS Debuts Interoperable Platform for Sharing Bank Data
February 08, 2024  |  Banking

FIS has debuted a platform that lets its clients’ customers share banking data. The Florida-based global FinTech has signed agreements with data networks Akoya, Envestnet, Yodlee, MX and Plaid to integrate into...

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Fraud Concerns Leave Consumers Skeptical of Payment Data Aggregation Apps
Fraud Concerns Leave Consumers Skeptical of Payment Data Aggregation Apps
January 24, 2024  |  Security & Fraud

Payment fraud incidents have been on the rise, increasing 88% since December 2021, PYMNTS Intelligence research reveals. For instance, 11% of consumers who paid for groceries...

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Intuit to Shut Down Mint, Invite Users to Credit Karma
Intuit to Shut Down Mint, Invite Users to Credit Karma
November 02, 2023  |  financial apps

Intuit is shutting down its personal finance website and mobile app Mint and inviting users to migrate to its Credit Karma offering. Mint will no longer be available as of...

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