The U.S. Justice Department is probing Visa Inc's relationships with large fintech companies as part of its antitrust investigation of the card giant, the Wall Street Journal reported on Wednesday.
We are going to back to Latin America today as we do a deep dive into the payments space there. With dozens of countries in the region all with their own currency, their own payments infrastructure and different regulatory regimes it has not been easy to expand into new geographies, but it certainly is possible.
Many of these firms have aimed to go public in the vague "end of 2021/ early 2022/ when we have enough money" time frame while participating in increasingly rare-letter funding rounds.
Grain is rethinking credit with loans based on active cash flows, and not credit history – Tearsheet
Grain, a fintech firm out of Oakland, California, is rethinking how to provide Americans with credit. The firm considers currently available credit options to often be unfair, ruthless, and even discriminatory.
Currently launched as a pilot, Novi will initially allow users to send money from the US to Guatemala, using the stablecoin digital currency Pax Dollar, which they can hold in a digital wallet and convert into the local currency.
The card network plans to use technology acquired from CipherTrace to offer compliance and risk management services to firms that handle digital assets.
Some big tech firms “have sought to gain greater control over the flow of money in our economy,” Consumer Financial Protection Bureau Director Rohit Chopra told senators. His comments came after the agency demanded information from large tech companies about their payment offerings.
AmEx launched its digital checking designed for small and mid-sized businesses with the option to recieve a business debit card Thursday.
Netflix's new Korean-language show "Squid Game" now has its very own brand of cryptocurrency that's crushing it on the crypto charts.
EBANX, a Fintech firm for payment solutions in Latin America, confirms that it has finalized the acquisition of Juno, a Brazilian payments firm that enables e-commerce via billing and banking services in the South American country. Juno, one of the key players in the domestic