Articles by: Grace Noto

Millennials Are Ready for the Bank of Amazon

Millennials Are Ready for the Bank of Amazon

by January 20, 2017 at 1:47 pm 0 comments

Amazon wins, once again, at a game it didn’t even know it was playing. According to a Jan. 11 survey from Accenture, millennial participants would consider parking their money with nontraditional institutions, and they picked winners. Attractive alt-banking contestants included Apple and Facebook, but it was Google, and of course, Amazon,Read More

Bitcoin Bursts onto NYSE in $500 Million IPO

Bitcoin Bursts onto NYSE in $500 Million IPO

by January 20, 2017 at 12:11 pm 0 comments

Start the line now, people—bitcoin is now available on the New York Stock Exchange. Grayscale Investments, a New York based subsidiary of Digital Currency Group, today filed to list its fund, Bitcoin Investment Trust (look for GBTC on the NYSE), on the exchange for a public offering of $500 million.Read More

Top 20 Finance Apps: TurboTax Shoots to Top of the Charts

Top 20 Finance Apps: TurboTax Shoots to Top of the Charts

by January 19, 2017 at 11:53 am 1 comment

It turns out taxes were popular this week. While Credit Karma (still) remained the top finance app for both the iOS and Google Play charts today, the TurboTax Tax Return app is not far behind. The TurboTax app is currently ranked second on the Google Play charts and third forRead More

Trust, Not Tech, Is Fintech’s Advantage Vs. the Banks

Trust, Not Tech, Is Fintech’s Advantage Vs. the Banks

by January 18, 2017 at 3:23 pm 1 comment

When it comes to banks, only 26% of Americans strongly agreed with the statement that banks had their best interests in mind, according to a recent report conducted by Salesforce—and, unfortunately, the survey respondents do not seem to be distinguishing between banking and fintech. According to the report, fewer thanRead More

Coinbase vs. the IRS: The Privacy Battle Rages On

Coinbase vs. the IRS: The Privacy Battle Rages On

by January 18, 2017 at 11:31 am 1 comment

Digital currency exchange Coinbase obtained a BitLicense from the New York Department of Financial Services, a grant that officially authorizes the exchange to operate (that is, to receive and transmit money and virtual currency) within the Empire State. Announcing the license, Coinbase wrote on the company’s blog: We believe theRead More

We Actually Still Know Nothing About AI (But At Least We’re Trying)

We Actually Still Know Nothing About AI (But At Least We’re Trying)

by January 17, 2017 at 12:37 pm 0 comments

Thus far, the month of January has been an exciting time for AI — new smart technologies have demoed, new papers have been written, and new discussions about how to make sure our new synthetic friends don’t kill us have sprung up. According to Crunchbase’s annual Global Innovation Investment report,Read More

We’re Finally Using Our Phones More for Finance (and Less for Gaming)

We’re Finally Using Our Phones More for Finance (and Less for Gaming)

by January 13, 2017 at 9:37 am 1 comment

According to mobile analytics firm Flurry, overall mobile app usage grew 11% year-over-year, with the time spent on mobile business and finance apps growing 43%. Gaming apps, meanwhile, experienced a decline in usage—strange for the year that spawned the goliath Pokémon Go—with time-spent down by 4%. According to the data,Read More

Computers Are(n’t) Smarter Than You: Should You Trust Robos With Your Money?

Computers Are(n’t) Smarter Than You: Should You Trust Robos With Your Money?

by January 12, 2017 at 12:25 pm 1 comment

Consumers are increasingly comfortable with automated investing, but that may not be such a good thing. According to a global study conducted by Accenture, seven out of ten consumers surveyed would “welcome” automation—or robo-advisors—into their financial lives, including a high level of comfort, almost 80% (78%), with robos in traditionalRead More

Amazon, Diebold Offer Up a Peek at the Digital Future of Checkout

Amazon, Diebold Offer Up a Peek at the Digital Future of Checkout

by January 11, 2017 at 1:35 pm 1 comment

Shopping is set to change in the digital age, and it goes way beyond waiting 46 seconds for your EMV transaction to go through. Amazon has new stores without checkout counters or lines. And Diebold Nixdorf has a whole set of new toys it will introduce at the National RetailRead More

Bitstamp To Begin Trading Ripple XRP

Bitstamp To Begin Trading Ripple XRP

by January 10, 2017 at 12:31 pm 0 comments

The digital asset exchange Bitstamp announced that it will begin supporting two new trading pairs today, both using Ripple’s digital asset XRP. Starting on Monday, January 17, the exchange (one of the world’s leading exchanges of digital assets or cryptocurrency) will begin offering XRP/EUR and XRP/USD pairs for trade byRead More