Some friends were applauding Visa and MasterCard’s decision to throw Russia off their payments networks over the weekend. Both companies handle 90% of all debit and credit card payments outside of China – and their announcements will deal another significant blow to the Russian economy. It sounds grand, but the presentation …
I don’t know why we talk about digital transformation when we should be simply talking about transformation. What is happening has nothing to do with technologies, but is driven by technological change.
It marks crypto’s first appearance in the central bank’s “Economic Well-Being of U.S. Households” survey.
The use cases of blockchain technology has increased significantly in 2017; Business Insider looks at how the technology behind bitcoin is being used in international payments, capital markets, trade finance, regulation, money laundering, insurance and peer to peer transaction; they also look at other industries like healthcare, real estate, media, energy and more. Source.
CRE loans hit their peak for banks right before the financial crisis in 2007, then prices started to crater by...
Following up on a recent article highlighting the Marqeta deal with Visa, the publication interviews Candace Klein, head of alternative lending at Marqeta; the interview covers the difference between credit cards and online lenders using prepaid cards to deliver funds; how does the borrower view the experiences and if credit card companies can bring rates down does that change the equation; Marqeta provides an open API issuer processor platform to change how payment cards, virtual cards, and mobile authorization products are being used and developed. Source
Samsung Pay revealed in a blog post today that it will partner with SoFi to launch a new debit card...
Even though it does have a lending operation Amazon did not take part in the Paycheck Protection Program directly; but...
Data storage startup Snowflake is adding Google’s public cloud to their support which already can service Amazon Web Services and...
With the money, Velvet intends to buy stakes in 40 emerging market startups by 2022




