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Stories Tagged as

Fintech

Apple's latest foray into fintech offers high interest, but is it too interested in users’ lives?

by Kai Ryssdal , Livi Burdette and Sarah Leeson
May 11, 2023
The tech giant makes it easy to open an account on an iPhone. Sara Morrison of Vox isn’t entirely comfortable with its expanding reach.
Apple CEO Tim Cook. Its new savings account quickly drew nearly $1 billion in deposits.
Justin Sullivan/Getty Images
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Could getting more tech employees in classrooms help college students stick with STEM?

by Stephanie Hughes
Oct 28, 2022
It's not common for companies to be involved with teaching freshmen-level courses. A new program in Chicago is trying it out.
Alejandro Martinez, left, and Nate Beasley listen to an M1 employee through Zoom in a class at Illinois Tech.
Stephanie Hughes/Marketplace
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Walmart wants to be your bank

by Kristin Schwab
Jan 12, 2021
It's making a bet that people will want to bank where they already get their groceries, pet care and prescriptions.
Walmart is creating a bank that may strengthen its position in retailing.
Scott Olson/Getty Images
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Ant Group is taking its IPO to Hong Kong and Shanghai. Why is it skipping New York?

by Sabri Ben-Achour , Erika Soderstrom and Alex Schroeder
Jul 23, 2020
And is it a sign of things to come for relations between the U.S. and Chinese economies?
The financial technology company based in China will be going public in what could be one of the biggest IPOs in history.
AFP via Getty Images
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The collapse of tech giant Wirecard triggers national angst in Germany

by Stephen Beard
Jul 22, 2020
Has a $2 billion hole in the accounts of one of Germany's most prestigious companies damaged the country’s reputation for high tech and high finance?
Wirecard recently declared bankruptcy and its executives are being investigated for fraud.
Lennart Preiss/Getty Images
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Giving the gift of less debt

by Amy Scott
Dec 17, 2019
Pillar lets friends and relatives make student loan payments as a holiday gift.
ROBYN BECK/AFP/Getty Images
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Is all-digital "neobanking" the future?

by Andie Corban , Kai Ryssdal and Molly Wood
Nov 13, 2019
Tech companies like Google are increasingly moving into the business sector, where they can mine extensive data.
Leon Neal/Getty Images
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Why financial startups are choosing human first names

by Andie Corban and Kimberly Adams
Nov 13, 2019
In an attempt to seem more trustworthy than big banks, financial startups are giving themselves folksy first names.
Carl Court/Getty Images
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McKinsey to banks: innovate or die

by Andy Uhler
Oct 22, 2019
Traditional banks are ceding market share to new platforms.
IndyMac Bank failed during the last recession. Above, customers are allowed into a branch in Pasadena, California after the federal government seized the failing bank in 2008.
David McNew/Getty Images
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Why would a big bank help startups win its customers?

by Mark Garrison
Oct 18, 2016
At Chase, a program aims to back startups creating banking services for the poor.
A Bee salesperson signs up a new customer in Harlem
Mark Garrison / Marketplace
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