As we’ve talked about before, managing your personal finances is extremely important. There are several personal financial management (PFM) apps available today that make tracking and analyzing finances a breeze. Below we cover some of the most popular ones for money management. These are listed based on the number of…
The five largest banks in Canada have an estimated 90% of the total market share. Challenger banks are looking to change that. Challenger banks based outside of Canada, like Revolut, are finding success, and the traditional banks are taking notice. With an already thriving fintech scene in Canada, traditional Canadian…
Mike Kane, Hydrogen’s Co-founder and CEO, sat down with Currencycloud’s Payment Innovation Podcast to discuss "Fintech Enablement Platforms: Fintechs for Building Fintechs." For those that are not familiar, Currencycloud is one of the leading cloud based platforms for B2B cross-border payments. During this podcast, Mike talks about: How Hydrogen startedHow…
When managing your personal finances, one of the most important things you can do is set a budget. Budgets establish spending limits to help you get, or stay, on track with your finances. There are a ton of great budgeting apps available today and below are just a few of…
The average person has multiple financial accounts to juggle, from credit cards, to mortgages, and checking accounts. These days, an individual's personal finances are often a complex web. Keeping track of the various strands of the web is essential for reaching financial goals and achieving financial stability. Personal financial management…
There is an ongoing story developing in Europe of debit card and challenger bank middleware giant Wirecard. They have been thrown into crisis after an audit uncovered over $2 Billion in bonds on their balance sheet that were unaccounted for, causing them to file for insolvency in Germany. There has…
Financial technology (fintech) companies are coming up with innovative ways to help people and businesses manage their money. As of February 2020, there were 8,775 fintech startups in North America. Fintechs are playing an increasingly significant role in the financial world. For instance, fintechs now grant well over a third…
Did you know that it’s possible to pay living or business expenses without needing a checking or savings account? Prepaid cards for underbanked or unbanked individuals offer a smart, simple solution that just about anyone can use. If someone doesn’t have a bank account, or they live in an area…
Challenger banks are online, internet, or digital banks. They are competing against more traditional, incumbent banks, which is where they get the name “challenger” from. These challenger banks are hard at work across the world, using digital technology to disrupt traditional banking business models and streamline retail or small business…
What does someone do if they want or need to pay with a card, but they don't have a checking account and don't have the credit history to open a credit card account? What about people who don't want to have access to all their funds with a single swipe…