The world of fintech is constantly evolving, and staying up to date with the latest news stories is essential for those interested in the industry. Here are the top 10 fintech news stories from March 12-18, 2023:
1. Goldman Sachs Launches New Digital Banking Platform: Goldman Sachs has announced the launch of its new digital banking platform, which will offer customers a range of banking services including savings accounts, checking accounts, and loans. The platform will also offer customers access to a range of investment products.
2. JPMorgan Chase to Launch Digital Currency: JPMorgan Chase has announced that it will be launching its own digital currency, JPM Coin, in the near future. The currency will be used to facilitate payments between the bank’s institutional clients.
3. Visa and Mastercard Partner With Apple Pay: Visa and Mastercard have announced a partnership with Apple Pay, allowing customers to make payments using their Apple devices. The partnership is expected to make it easier for customers to make payments online and in-store.
4. Amazon Launches Banking Services: Amazon has announced the launch of its own banking services, which will include checking accounts, savings accounts, and loans. The services will be available to Amazon Prime members.
5. PayPal Acquires Venmo: PayPal has announced the acquisition of Venmo, a popular mobile payment app. The acquisition is expected to help PayPal expand its presence in the mobile payments space.
6. Square Launches Crypto Trading Platform: Square has announced the launch of its own cryptocurrency trading platform, which will allow customers to buy and sell cryptocurrencies directly from their Square account.
7. Robinhood Introduces Crypto Trading: Robinhood has announced the launch of its own cryptocurrency trading platform, which will allow customers to buy and sell cryptocurrencies directly from their Robinhood account.
8. Fidelity Launches Crypto Trading Platform: Fidelity has announced the launch of its own cryptocurrency trading platform, which will allow customers to buy and sell cryptocurrencies directly from their Fidelity account.
9. Coinbase Launches Crypto Custody Service: Coinbase has announced the launch of its own cryptocurrency custody service, which will allow customers to securely store their cryptocurrencies on Coinbase’s servers.
10. UBS Launches Robo-Advisor Service: UBS has announced the launch of its own robo-advisor service, which will provide customers with automated investment advice based on their individual needs and goals.
These are just some of the top fintech news stories from March 12-18, 2023. As the industry continues to evolve, it’s important to stay up to date with the latest developments in order to stay ahead of the curve.
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