We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Fidelity (FIS), Quontic Bank Team Up for New Bitcoin Offering
Read MoreHide Full Article
Fidelity National Information Services (FIS - Free Report) recently announced that it has joined forces with Quontic Bank to offer its new Bitcoin Rewards Checking account. The Quontic Bank mobile app for the service is likely to be rolled out in the second quarter of 2021.
The latest offering makes Quontic Bank the first Federal Deposit Insurance Corporation (FDIC) insured financial institution to have a Bitcoin Rewards debit card. The cardholders will be able "to earn 1.5% Bitcoin back on eligible debit card purchases."
Rob Lee, head of digital and banking at Fidelity National Information, said, "Beyond the ability to earn and redeem rewards points based in Bitcoin, the new checking account will provide crypto enthusiasts the convenience and flexibility of doing their checking entirely via a mobile app. Quontic Bank is inventing the future, and we expect to see many other banks, both large and small, follow in its footsteps in the year ahead."
Fidelity National Information’s Digital One solution is being used by Quontic Bank to develop the mobile app for this service. The app is aiming to provide a seamless experience to the customers for Bitcoin rewards tracking, reporting and functionality. The new app will allow cardholders to manage their accounts on smartphones or tablets. Further, Quontic is teaming up with financial services firm — NYDIG — to provide safe and secure custodial services for managing the rewards.
By collaborating with Quontic Bank to offer this service, Fidelity National Information's position as one of the foremost players in the financial transaction services will be further strengthened, which will aid the company to continue serving its customers more efficiently.
Shares of Fidelity have appreciated 4.2% over the past year, underperforming the industry's growth of 7.4%.
Currently, Fidelity National Information carries a Zacks Rank #3 (Hold).
Stocks to Consider
Piper Sandler Companies (PIPR - Free Report) witnessed an upward earnings estimate revision of 26.3% for 2020 over the past two months. Its shares have gained 30.2% over the past year. At present, it sports a Zacks Rank of 1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Evercore Inc. (EVR - Free Report) registered an upward earnings estimate revision of 43.5% for the ongoing year in two months’ time. Its shares have rallied 38 % in the past year. It flaunts a Zacks Rank of 1, currently.
Cowen Inc. recorded an upward earnings estimate revision of 23.6% for the ongoing year in the past two months. Its shares have appreciated 72.9 % in a year’s time. Currently, it carries a Zacks Rank of 2 (Buy).
These Stocks Are Poised to Soar Past the Pandemic
The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.
Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.
Image: Bigstock
Fidelity (FIS), Quontic Bank Team Up for New Bitcoin Offering
Fidelity National Information Services (FIS - Free Report) recently announced that it has joined forces with Quontic Bank to offer its new Bitcoin Rewards Checking account. The Quontic Bank mobile app for the service is likely to be rolled out in the second quarter of 2021.
The latest offering makes Quontic Bank the first Federal Deposit Insurance Corporation (FDIC) insured financial institution to have a Bitcoin Rewards debit card. The cardholders will be able "to earn 1.5% Bitcoin back on eligible debit card purchases."
Rob Lee, head of digital and banking at Fidelity National Information, said, "Beyond the ability to earn and redeem rewards points based in Bitcoin, the new checking account will provide crypto enthusiasts the convenience and flexibility of doing their checking entirely via a mobile app. Quontic Bank is inventing the future, and we expect to see many other banks, both large and small, follow in its footsteps in the year ahead."
Fidelity National Information’s Digital One solution is being used by Quontic Bank to develop the mobile app for this service. The app is aiming to provide a seamless experience to the customers for Bitcoin rewards tracking, reporting and functionality. The new app will allow cardholders to manage their accounts on smartphones or tablets. Further, Quontic is teaming up with financial services firm — NYDIG — to provide safe and secure custodial services for managing the rewards.
By collaborating with Quontic Bank to offer this service, Fidelity National Information's position as one of the foremost players in the financial transaction services will be further strengthened, which will aid the company to continue serving its customers more efficiently.
Shares of Fidelity have appreciated 4.2% over the past year, underperforming the industry's growth of 7.4%.
Currently, Fidelity National Information carries a Zacks Rank #3 (Hold).
Stocks to Consider
Piper Sandler Companies (PIPR - Free Report) witnessed an upward earnings estimate revision of 26.3% for 2020 over the past two months. Its shares have gained 30.2% over the past year. At present, it sports a Zacks Rank of 1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Evercore Inc. (EVR - Free Report) registered an upward earnings estimate revision of 43.5% for the ongoing year in two months’ time. Its shares have rallied 38 % in the past year. It flaunts a Zacks Rank of 1, currently.
Cowen Inc. recorded an upward earnings estimate revision of 23.6% for the ongoing year in the past two months. Its shares have appreciated 72.9 % in a year’s time. Currently, it carries a Zacks Rank of 2 (Buy).
These Stocks Are Poised to Soar Past the Pandemic
The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.
Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.
See the 5 high-tech stocks now>>