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Fintech

Fintech
·Oct. 21, 2021

Bitcoin jumps to new high above $66,000 after landmark U.S. ETF launch

Bitcoin notched a fresh all-time high Wednesday as investors cheered the successful launch of the first U.S. bitcoin futures exchange-traded fund.
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Fintech
·Oct. 21, 2021

Fixed-income titan Pimco is starting to embrace cryptocurrencies, CIO says

Fixed-income giant Pimco has dabbled in cryptocurrencies and plans to gradually invest more in digital assets that have the potential to disrupt the financial industry, according to chief investment officer Daniel Ivascyn.
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Fintech
·Oct. 21, 2021

Identity decisioning platform Alloy moves into credit underwriting

Alloy, the recently named unicorn, has expanded its identity decisioning platform to include credit underwriting, with the intention of building comprehensive views of customers in line with their onboarding and transaction monitoring products.
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Fintech
·Oct. 21, 2021

CFPB’s New Director is No Fan of Banks

Biden administration priorities like stepped-up fair-lending enforcement and policing mortgage lender behavior loom large.
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Fintech
·Oct. 21, 2021

What banks want most from young fintechs

The 44 large bank and insurance company partners of the Fintech Innovation Lab are inviting startups whose technology can help them manage cybersecurity threats as well as handle climate change metrics and other growing needs to join the lab's next cohort.
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Fintech
·Oct. 21, 2021

Facebook’s digital wallet raises privacy concerns | PaymentsSource

The social network's test of its Novi wallet drew criticism from Democratic senators who say the company does not have a strong track record of protecting user data.
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Fintech
·Oct. 21, 2021

https://www.cnbc.com/2021/10/20/bitcoin-miner-stronghold-digital-mining-makes-nasdaq-debut.html?_ga=2.13747583.914819434.1634784661-26627801.1634784661

Shares of Stronghold Digital Mining jumped 52% in their first day of trading on Wednesday, as investors show enthusiasm for nascent companies tied to cryptocurrencies.
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Fintech
·Oct. 21, 2021

Plaid Pushes Into Payments Business After Scuttled Visa Deal

The fintech startup is teaming up with Square, Stripe and dozens of others on a digital pay-by-bank offering.
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Fintech
·Oct. 20, 2021

Financial Health Pulse 2021: two-thirds of the U.S. could benefit from fintech support

The paper found 34 percent of Americans are considered financially healthy: leaving out 187 million who are still getting by or vulnerable.

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Fintech
·Oct. 20, 2021

PayPal is in late-stage talks to acquire Pinterest

PayPal is in late-stage talks to buy social media company Pinterest, a person familiar with the matter told CNBC. This person asked to remain anonymous because the deal discussions were confidential.
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