The Bureau of Labor Statistics reports that as of 2018, independent contractors made up almost 7% of the workforce. These workers play a big role in the U.S. economy, and they can be found in all types of industries and businesses. Today, many company leaders are enhancing efficiency by investing in…
One of the main goals of Personal Financial Management (PFM) is to educate and enlighten consumers to make better financial decisions. On the Hydrogen platform, this comes in the form of account aggregation, cash flow analysis, budgeting, financial health scores, goals tracking, alerts, and much more. What if there is…
In our previous post, we answered some of the more common questions we hear about prepaid cards. Another question we are asked on a regular basis is, “Can I use a virtual card instantly?" The short answer is, Yes. Since your virtual card is linked to your bank account or…
To build financial applications with the features your customers expect, you need to incorporate data from third-party applications. Integrations simplify life for users and make your product stand out in the competitive fintech landscape. However, integrating with outside services often proves frustrating and time-consuming. Whether you're developing an app within…
Here at Hydrogen, we talk with organizations of all sizes and from all over the world about prepaid, debit, and virtual cards on a daily basis. After numerous conversations and countless questions, three questions we get asked on a regular basis are: Can I use a prepaid card for payroll?Can…
How do banks use blockchain? Here's 6 different use cases for how banks can take advantage of blockchain technology to streamline their operations.
A Key Management Service (KMS) is vitally important to provide secure hosting and cryptography services to help you encrypt and protect sensitive PII from clients with keys. Hydrogen integrates major cloud based KMS solutions into our integration framework, making them compatible with both our Atom centralized fintech library, and Molecule…
Although opening a bank account might be a rite of passage for people around the world, a significant portion of the global population either doesn't have any form of bank account or doesn't use a bank for a notable portion of their financial needs. People who are unbanked or underbanked…
Financial technology, or fintech, is on the verge of a breakthrough in Brazil in 2020. In late November 2019, Brazil’s Central Bank set out draft rules for open banking, intending to phase in the rules during the second half of 2020. These new regulations make substantial changes to the way existing…
Fintech is now ubiquitous. It is no longer a vertical, it is a feature. If you are a more traditional brand, SME, or tech company, and you do not yet have fintech integrated into your platform, it may be too late. According to a report on Techcrunch, Google has preliminary…