Portability

In 2021 there were over 573 million downloads of mobile finance apps in the United States alone. According to Google research, the average smartphone user has three fintech apps on their phones, [...]

Not long ago, when a person got paid for work, they were paid with an actual physical check that was handed to them from their employer, that they then had to go to the physical bank to deposit [...]

As most of us are keenly aware, inflation soared last year in the United States, rates reaching as high as 9.1% at one point last summer. With increases of prices on daily necessities – basic [...]

Over the course of the last decade, there’s no denying that mobile apps have become integral parts of peoples’ routines and lifestyles. In 2022, over 50% of the world’s population had a [...]

Modern banking began way back in Renaissance Italy in the 1400s CE. Some of the main functions of the original Italian banking institutions were to hold money, supply insurance, and conduct [...]

Wikipedia defines a payment as “the voluntary tender of money or its equivalent or of things of value by one party to another in exchange for goods, or services provided by them.” People’s [...]

Open banking as we know it today has only been around since the mid 2010s, and although it has become the norm in Europe because of legislation like the General Data Protection Regulation (GDPR) [...]

Card-linked offers are one of the primary tools companies use to increase their users’ engagement. The concept is straightforward: if a user shops at a selected merchant with a linked card, they [...]

Data portability is the ability to move digital data from one database to another. It’s the idea that the personal data companies are gathering online should be accessible by the data subject in [...]

Starting in the 1980s and 1990s, if you were lucky enough to be able to afford a desktop computer, it vastly improved your access to information and increased capabilities that you never would [...]