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InComm Buys Amex’s Serve Prepaid Card Tech

PYMNTS

Credit card giant American Express (AmEx) has announced it is selling its Serve platform to InComm, in a deal that gives the latter firm exclusive rights to distribute Amex’s prepaid and reloadable card products in the United States. InComm is a tech firm which activates credit cards at the point of sale.

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Intuit Eyes Buying Credit Sesame, NerdWallet And Finicity

PYMNTS

Intuit , the tax software company best known as being the enterprise behind QuickBooks and TurboTax , is looking into acquiring FinTech Finicity , according to reports. On Monday (March 9), the market saw Intuit’s shares dip 4.3 It was launched in 2010 and has been profitable since 2017, according to the company.

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Market opportunity. Virtual card issuance. Business lending and corporate cards. Stripe is ramping up its private market investments.

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AltFin’s Bumpy Ride Into An Uncertain 2019

PYMNTS

There were plenty of tailwinds that pushed the segment forward: A strong economy, healthy consumer interest in credit and advances in credit scoring technology were all instrumental in pushing more consumers into the market, particularly in the first half of the year. According to the Federal Reserve , U.S. That amounts to $13.2

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Meeting Debt Collection Challenges Amid a Squeeze on Income

FICO

It directly relates to research undertaken in 2010 when empirical evidence showed that economic victims have very different risk profiles and often respond very differently when they’re struggling to service personal debt. Increasing inflation, interest rates and income tax are also at 40-year highs.

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The 40 Fintech Graduates from Y Combinator (YC)

Fintech Labs Insights

Graduating from there is like facing the job market with a resume boasting summer internships at Google, Facebook AND Goldman Sachs. Suddenly in 2010, the fintech number grew dramatically, average of more than 7 per year. PayTango [link] PayTango links the cards in your wallet to your fingerprints. During the past 4.5

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#31daysofwealthhacks – the joy, the tears and the learnings

Jessica Ellerm

For some reason, the first month of the Gregorian calendar has an amazing ability to motivate us to abstain from alcohol, dust off our running shoes and chop up all our credit-cards. To be fair, I probably had more subscriptions than most, given I play around with a lot of automation and SaaS marketing services. Sold some clothes.

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