Most of you are at least somewhat familiar with security tokens, or digitized assets in equity, fixed income, real estate, investment fund shares, commodities, and structured products traded and held…
Instead of joining a major payments provider, Plaid aims to disrupt the Visa, Mastercard, and Amex payment empire. Partners like Square, Dwolla, and new arrivals to the Plaid ecosystem Checkout.com and Marqeta are members of the new program, building payment capabilities for the new age of fintech.
Cryptocurrency exchange FTX says it has raised $420 million in a new round of funding, valuing the company at $25 billion.
Fast-growing fintech Brex has raised $300 million in funding that propels it to decacorn status, just six months after it was valued at $7.4 billion, according to people familiar with the deal. The sources, who wished to remain anonymous since the deal is not yet public (although a term sheet has been signed), said corporate...
The U.S. consumer watchdog said on Thursday it has demanded information from tech giants Amazon, Apple, Facebook, Google, PayPal and Square on how they gather and use consumer payment data, in a broad effort to protect consumers from privacy breaches, fraud and anticompetitive behavior.
Peter Thiel, the co-founder of PayPal and Palantir, has said he feels like he’s underinvested in bitcoin as the world’s most popular cryptocurrency climbed to an all time high of just over $66,000 per coin.
Revenue potential and competitive pressure beckon to card issuers, but Fitch Ratings warns of credit risks in this trendy product.
This week the New York Attorney General announced that it has demanded two crypto firms halt their lending programs. Additionally, the AG said it had commenced an investigation into three other firms. All of this was predicated on the statement that interest generated from crypto
The average surcharge for using out-of-network ATMs, however, fell to a 10-year low, according to a Bankrate survey.
The auto lender’s acquisition of Fair Square Financial would diversify its consumer product lineup. The pandemic derailed its last effort to buy a card company.