The data aggregator launches an accounts-based payments ecosystem that has the potential to sharply impact card networks and bank revenues.
Nubank, which is backed by Warren Buffett’s Berkshire Hathaway, has confidentially filed for an initial public offering (IPO) on the New York Stock Exchange.
With new funding, Extend is plotting an expansion of its offerings, including virtual card capabilities directly to consumers.
Collaborations among rival banks and fintechs can be mutually beneficial, Vanessa Colella says. A recent example is a small-business loan portal Citi created that other banks can use.
Jelena McWilliams shared details about the interagency "crypto sprint" involving the FDIC, the OCC and the Fed, and said the agencies plan to issue a series of policy statements in the coming months.
Crypto owners store their wealth in wallets, which can be hot or cold. A hot wallet is stored on the internet, which, although making it vulnerable to cyberattacks, makes it easier to transact with. People often store their currency with online exchanges, which is considered even riskier, because...
Antitrust investigators are scrutinizing financial incentives Visa gave to Square, Stripe and PayPal.
On episode 24 I talk with Carl-Alain Memnon of Grain. Grain is the Digital Credit Card for Everyone, they provide a line of credit based on your cash flow, not your credit score.
Mastercard credit card holders can soon be rewarded with bitcoin. Huh?
The card network is working with new partners such as FIS and Moneris to connect banks, fintechs and merchants on its Visa Installments Solution platform. Its goal is to provide access to a broader spectrum of consumers than these companies can reach in one-off deals, CEO Al Kelly said.