Fintech companies continue to attract interest from traditional financial institutions and now we have a significant acquisition to start off...
Digital banking fintech Plaid has expanded to their first international market in Canada; they have been running in beta for...
The principle behind Mastercard’s CipherTrace acquisition, L1 growth, and IRS getting your bank data
Paying attention is the path to seeing and doing. Mastercard has bought CipherTrace to see blockchain-based finance, to launch new businesses, and to plug in more networks into its nexus. The crypto networks proliferate at every layer, creating more computation on Ethereum, Polygon, Arbitrum, Optimism, Fantom, and Solana. The US executive seeks to see more too, asking the banks for their records of financial transactions to enforce taxation compliance.
I have been reading Alibaba: The House that Jack Ma Built this week, something everyone interested in understanding the future of Google, Goldman, Uber, or Amazon should do. The narrative starts with China's small business explosion, and Ma's genius is to tap into global demand for the products of those businesses through an online marketplace and associated financial services. But I am getting ahead of myself. Let's pause to acknowledge a massive, systemic transaction that was announced this week: payments processing company Global Payments acquiring TSYS (Total Payments Systems) for $21.5 billion.
Plaid has made upgrades to their Auth product so they can cover all banks and credit unions in the U.S.;...
Fintech has quickly become one of the hottest markets in the world and the average salary is now more than...
An ‘overwhelming’ moment: Behind BofA’s $1B racial justice commitment PNC pledges $1 billion to fight racism Eastern Bank Readying For...
ValueWalk has analyzed the recent CB Insights report on fintech funding as well as the Forbes 50 report on the...
Yesterday LendIt Fintech recently hosted a webinar called “How Increased Engagement Will Impact Fintechs and Digital Banks”; panelists included Colin...
JPMorgan Chase and PNC, two of the largest banks in the country, are increasingly at odds with companies like Plaid...