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Fintech

Fintech
·Apr. 7, 2022

Democratic state AGs call on four big banks to eliminate overdraft fees

A group of state attorneys general is asking JPMorgan Chase, Bank of America, Wells Fargo and U.S. Bancorp to scrap the controversial charges entirely, as competitors like Citigroup and Capital One have done. The four banks targeted have all announced significant changes that will likely reduce their overdraft revenue.
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Fintech
·Apr. 7, 2022

American Express seeks to win over fintechs with card perks | PaymentsSource

To increase its share of global card spending through gig-economy fintechs and startups, Amex is extending its rewards through a partnership with digital issuing vendor i2c.
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Fintech
·Apr. 7, 2022

Meta Exploring Non-Blockchain-Based Virtual Currency: Report

The company’s plans for NFT features on Facebook and Instagram also continue to advance.
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Fintech
·Apr. 7, 2022

Payments Company Bolt to Buy Wyre for $1.5B to Add Crypto Option

The acquisition would be the largest non-SPAC deal in the crypto industry.
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Fintech
·Apr. 7, 2022

Cryptix taking patient approach to building peoples’ financial marketplace

Cryptix AG takes a holistic approach to building the “people's financial marketplace,” benefiting all, based on blockchain technology.
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Fintech
·Apr. 7, 2022

BlockFi to Pay Each State $944K to Settle Claims of Sales of Unregistered Securities

BlockFi to Pay Each State $944K to Settle Claims of Sales of Unregistered Securities: Ohio Securities Commissioner - Hopefully Other Unregistered Fintech...
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Fintech
·Apr. 7, 2022

Digital asset potential goes beyond speculative investment at IFGS 2022

Digital assets have evolved into an ecosystem of potential with innovation driving development far beyond speculative investment.
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Fintech
·Apr. 7, 2022

Cross border payments firm Brightwell survived shutdowns, $3M heist

Brightwell, an international payments firm survived the shutdown of its biggest client and a brute force attack that drained $3 million.
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The lawyer is reviewing the draft of legal documents or contracts for clients near the staff or the client is checking work together by using a tablet.
LatAm
·Apr. 7, 2022

How new payments regulations in Brazil could affect fintech sector

The Central Bank of Brazil announced a new string of regulations that would demand higher capital reserves for large-scale fintechs.
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Fintech
·Apr. 7, 2022

Soon shifts investing option after Y Combinator launch

A couple of days after the pitch week rush, Founder and CMO Aaron Bylund commented on their successful launch and change to market strategy.
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