Klarna is teaming up with budget management app Buddy to help Gen Z consumers track their spending. The collaboration between the two Swedish companies allows Buddy users to link their expenses and income from their bank to the app via Klarna's open banking app, Kosma...
Last month, biometric payment cards incorporating fingerprint scanners received a major boost as new specifications were released by EMVCo, the global card standards body owned by Mastercard, Visa, American Express, Discover, JCB and UnionPay.
KeyBank recently used Oracle technology to launch a nationwide digital bank tailored to doctors and dentists.
After acquiring First Niagara Bank in 2015, KeyBank worked with Oracle to implement Oracle Banking Originations and bring together the two banks' various loan management, collection and recovery systems.
FinTech DailyPay has launched a general-purpose reloadable prepaid card and app called Friday that allows employees to receive instant pay transfers at no cost at the request of employers who use the company's on-demand payment platform called Daily Pay.
The possibilities of Web3 are increasingly evident. This new iteration of the internet will emphasize decentralized applications, machine learning, artificial intelligence, and blockchain-based technologies. Furthermore, the metaverse provides an infrastructure that allows consumers to interact socially and in commercial activities, to make investments, etc.
Beepo is a decentralized messaging application, which is currently in beta testing, added a new feature that it claims secures all chats with blockchain encryption.
With this feature, users can perform B2B transactions, as well as B2C, without the intervention of a third party, share funds securely with family members and customers, access decentralized blockchain applications and browse online catalogs.