Fed Reserve Governor Christopher Waller said that FedNow will launch a country-wide interstate highway for payments in about six months.
Square is starting to take on the look of a full service bank as their Cash App has helped to...
Mastercard launched a set of open banking tools through Finicity, enabling b2c transactors to check user accounts before requesting an ACH.
iZettle has raised 60 million euros ($63.46 million) in a Series D funding round and hired a new chief financial officer; the firm is now valued at more than $500 million; says an initial public offering is one scenario it is considering for its next growth phase; the payment processing firm is comparable to US-based Square, offering card readers and credit financing for merchants; iZettle is based in Sweden and provides its service in 12 markets with market transactions led by the UK. Source
Mexican fintech Clara relocated its headquarters to Brazil in an effort to claim a share of its massive digital payments market.
Facebook is launching a WhatsApp-based digital payments service for the messaging app’s 120m Brazilian users; users will be able to...
Brazil and Mexico are often talked about as fintech booms in Latin America; the size of the industry overall is...
Zelle is hoping to grow their B to C payments by more than 10 percent in 2018; the company already...
While on the surface Affirm’s business may appear to be focused on lending and payments, the company can also help merchants in marketing; the company has large amounts of data on who is buying products, what they are buying and where they are buying; with this information they plan to offer their merchants more services in the future; Tearsheet shares more on Affirm’s plans. Source
One of India’s major banks, Federal Bank, has partnered with Ripple to create a blockchain based remittances product; India was...