We started the month with the huge news that Square was acquiring Afterpay and we ended with Amazon’s deal with Affirm.
It seems like every day there is more news coming out of this sector, it is white-hot right now.
After a successful pilot last summer Venmo has started to roll out instant bank transfers; the service will require a Visa or Mastercard debit card and allow for transfers to be done within 30 minutes for $0.25 fee; the free version of bank transfers will remain; PayPal, who owns Venmo, hopes the instant transfers will help with revenues. Source.
While speaking with CNBC Mastercard’s Vice Chairman Ann Cairns discussed the importance of digital identity in the next few years;...
The healthcare payments system is rife with confusion and over-billing. HealthLock and Mastercard partner to bring clarity to millions.
PitchIt at LendIt Fintech has been the premier fintech startup competition since 2015 with past winners amassing more than $140mn...
A recent conversation with her seven-year-old nephew reminded Ranjita Iyer about trust, one of the foundational elements of the financial system.
Mastercard expands cryptocurrency program to allow more firms to issue cards on its network Inside Betterment’s move into banking with...
Fintech platform SoFi has struck a new exclusive partnership with card issuer Mastercard to be the sole issuer for SoFi...
There is poetry in the symmetry of this situation. Bitfinex is looking to raise $1 billion in capital to support the most popular stablecoin Tether, which it controls. Facebook is reportedly looking to raise $1 billion in capital from First Data, Visa and Mastercard and other payments companies to shore up its own stablecoin asset. Poetry is where the similarities end, and all these devils are in the details.
An ‘overwhelming’ moment: Behind BofA’s $1B racial justice commitment PNC pledges $1 billion to fight racism Eastern Bank Readying For...