-
Goldman Sachs Reportedly Mulling Apple Card Move To American Express
Thursday, July 6, 2023 - 10:24am | 912Read More...The Goldman Sachs Group (NYSE: GS) is reportedly in talks with American Express Co. (NYSE: AXP) regarding its Apple Inc. (NASDAQ: AAPL) credit card and other consumer-focused products connected with Apple. Apple would have to give its approval to a transfer of the business to American...
-
Credit Card Spending In April Declined For the First Time Since February 2021, Says Bank of America Data
Thursday, May 11, 2023 - 1:08pm | 563Read More...In April, total card expenditure per household was down 1.2% year on year, as measured by Bank of America aggregated credit and debit cards. This follows the trend seen in consumer prices. The credit card data captured by Bank of America marked the first decline in card...
-
Crypto Should Be Perfect For Argentina's Currency Nightmare. So Why Aren't More People Using It?
Tuesday, April 25, 2023 - 4:41pm | 3266Read More...I found myself in Argentina this April for the first time in over 10 years, stepping into a mess that felt very familiar — high inflation, capital controls and nearly worthless cash that was weirdly hard to find. The country has all the right ingredients to become the crypto paradise that...
-
Mastercard Teams Up With Paxos To Launch Crypto Trading For Banks
Monday, October 17, 2022 - 11:10am | 456Read More...Mastercard Inc (NYSE: MA) on Monday announced a program to enable financial institutions to bring secure crypto trading capabilities and services to their customers, in partnership with blockchain infrastructure platform Paxos. Per the agreement, on behalf of the banks, Paxos will offer crypto-...
-
Latest On Russia-Ukraine War: Paypal Suspends Service In Russia; Ceasefire Violated
Saturday, March 5, 2022 - 10:33am | 424Read More...PayPal Holdings Inc. (NASDAQ: PYPL) on Saturday announced that it is halting its operations in Russia, joining a growing number of companies responding to the Ukrainian invasion. Latest Developments: PayPal is the latest payment organization to cut ties with Russia. "Under the current...
-
US Bank Partners With Mastercard For International Fleet Card Acceptance
Monday, August 30, 2021 - 2:43pm | 743Read More...The U.S. Bank Voyager card program has been a resource for fleet operations since the 1980s, gaining acceptance at 97% of all U.S. gas stations and locations for maintenance, food, and hotels. "When you think about all the purchase decisions drivers need to make on the road, their financial...
-
Fintech Focus For July 21, 2021
Tuesday, July 20, 2021 - 7:02pm | 2075Read More...Quote To Start The Day: “The bravest sight in the world is to see a great man struggling against adversity.” Source: Seneca One Big Thing In Fintech: DeFi builds on three major waves of blockchain innovation across the last decade, each of which began with deep skepticism and has since...
-
Fintech Focus For July 15, 2021
Wednesday, July 14, 2021 - 6:41pm | 1753Read More...Quote To Start The Day: “Once you hear the details of victory, it is hard to distinguish it from a defeat.” Source: Jean-Paul Sartre One Big Thing In Fintech: M1 Finance, an automated money management platform, announced Wednesday a $150 million Series E funding round to boost...
-
Visa, Mastercard, And PayPal Are Stepping Up Their Cryptocurrency Game
Friday, July 2, 2021 - 4:15pm | 693Read More...While we wait for the latest earnings results, it is a good moment to recap previous quarters' results. Travel restrictions, caused by the pandemic, as well as general downtrend since last year, made the cross-border volumes significantly decline in the last quarter of 2020, for both Visa (NYSE...
-
Fintech Focus For July 2, 2021
Thursday, July 1, 2021 - 7:42pm | 1995Read More...Quote To Start The Day: “I refuse to accept other people’s ideas of happiness for me. As if there’s a one size fits all standard for happiness.” Source: Kanye West One Big Thing In Fintech: Six fintechs — PayPal, Square, Varo, Affirm, LendingClub and Oportun —...
-
Fintech Focus For June 18, 2021
Thursday, June 17, 2021 - 7:26pm | 2110Read More...Quote To Start The Day: "A man is but what he knows.” Source: Sir Francis Bacon One Big Thing In Fintech: At the end of May, the total market capitalization of stablecoins, which include ones offered by crypto firms Tether and Centre, broke $100 billion. But in recent weeks, lawmakers...
-
Fintech Focus For June 14, 2021
Sunday, June 13, 2021 - 10:13pm | 1829Read More...Quote To Start The Day: "[C]ost-push inflation will be the primary driver of inflation through the remainder of this year and into next. The Fed is betting on this, but if it is wrong, it will be because a wage-price spiral developed, although that is unlikely to occur until the economy has...
-
Fintech Focus For May 4, 2021
Monday, May 3, 2021 - 6:06pm | 1568Read More...Quote To Start The Day: Life is what happens to us while we are making other plans. Source: Allen Saunders One Big Thing In Fintech: Affirm, a leader in payments, recently announced it would acquire Returnly, a return and post-purchase payments solution, for $300 million. Benzinga spoke...
-
Fintech Focus For April 30, 2021
Thursday, April 29, 2021 - 6:45pm | 2175Read More...Quote To Start The Day: “My fantasy is to break up the big banks. I wish we would end 'too big to fail' in our banking system.” Source: Kenneth C. Griffin One Big Thing In Fintech: Per a CB Insights compilation of Q1 2021 fintech venture capital data from around the world, the...
-
Fintech Focus For April 14, 2021
Tuesday, April 13, 2021 - 7:11pm | 2012Read More...Quote To Start The Day: “I think smart money understands that, although volatility has contracted a lot in these last two months, we are still seeing signs of excess market fragility appear from many different angles.” Source: Kris Sidial One Big Thing In Fintech: ConsenSys, a key...
