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FintechUSA
·Jun. 23, 2020

Mastercard Buying Finicity for $825 Million

Mastercard said today that is acquiring Finicity, a leader in real-time access to financial data, for $825 million; there is...
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EuropeFintechUSA
·Jun. 18, 2020

More News for June 18th, 2020

Stash opens the metrics kimono regarding growth during the pandemic How Sunrise Banks and Anvil onboarded $127M in PPP loans...
Read Full Story
FintechNews RoundupUSA
·May. 28, 2020

Samsung and SoFi Officially Unveil Samsung Money by SoFi

We had already known about the partnership between SoFi and Samsung, but today the companies have officially unveiled Samsung Money...
Read Full Story
FintechNews Roundup
·Apr. 24, 2020

AvidXChange Raises Additional $128mn in Equity Capital

Accounts payable and payment automation fintech AvidXchange has raised an additional $128mn, an extension to the $260mn round reported earlier...
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FintechNews RoundupUSA
·Mar. 27, 2020

PayPal Could Come Out of the Crisis in a Position of Strength

Payments companies around the globe have been issuing warnings that their businesses will take a big hit in the coming...
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EuropeFintechUSA
·Jun. 19, 2020

More News for June 19th, 2020

An ‘overwhelming’ moment: Behind BofA’s $1B racial justice commitment PNC pledges $1 billion to fight racism Eastern Bank Readying For...
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FintechLatAm
·Jun. 16, 2020

Facebook Launches WhatsApp Payments in Brazil

Facebook is launching a WhatsApp-based digital payments service for the messaging app’s 120m Brazilian users; users will be able to...
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FintechNews RoundupUSA
·Apr. 28, 2020

Stripe Announces Three Major Upgrades

Payments fintech Stripe announced three major upgrades to their payments platform to help users increase revenue, direct connectivity to major...
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FintechNews RoundupUSA
·Apr. 3, 2020

Big Card Issuers Should Voluntarily Reduce Interchange Rates

The National Restaurant Association has asked Congress to mandate the reduction of credit card interchange fees during the current crisis;...
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central bank / CBDCdecentralized financeenterprise blockchaingovernanceregulation & compliance
·Mar. 9, 2020

Why Facebook’s Libra needs to change course, Ethereum’s Fintech promise, and a look at JP Morgan’s blockchain analysis

I anchor around the issues Libra is seeing in trying to develop a money, and what alternate strategies are available. We also analyze elements of a JP Morgan 2020 blockchain report, which highlights the differences between running a financial products (like a money) and a financial software (like a payments processor). In light of this necessary pivot for the regulated Facebook, we look again at Ethereum's decentralized finance ecosystem and the types of challengers it has created for Jack Henry, Finastra, Envestnet, TradeWeb, and other infrastructure providers.

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