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The Final CFPB Prepaid Card Rule Is Here (Expect Controversy)

PYMNTS

The use of prepaid cards has exploded over the last decade or so — in 2003 consumers put less than $1 billion on prepaid cards annually, but by 2012 that figure had grown to $65 billion and by 2018 that figure is projected to reach as much as $121 billion. The user base of prepaid cards has grown significantly as well.

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How to Cash in U.S. Savings Bonds and Report Taxes on Interest Earned

MyBankTracker

That is, it can feel like a windfall of cash – until, that is, you realize you need to report taxes on the interest earned. Still, while the tax part may not be loads of fun, it’s always nice to end up with some unexpected cash. savings bonds that were issued on paper or electronically, and how to report it on your taxes.

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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. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

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Wells’ Woes, Stripe’s Acquisition And North Korea’s New Hacking Groove

PYMNTS

But if action was what one was looking for — where things actually progressed or were accomplished — payments and commerce would have been a better bet for news consumption. Consulting firm Oliver Wyman prepared the document after reviewing insurance policies sold to the banking firm’s customers from January 2012 through July 2016.

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Payment Ninja Pledges Cutting-Edge Card Payment Services at Low Cost

Fintech Labs Insights

The recent launch of Payment Ninja is one small step toward 100% free payment acceptance for merchants, and one giant leap for the San Francisco-based payment company that demoed its technology at FinovateSpring 2016. Payment Ninja went live in the U.K. at the end of April and will be available in EU countries, the U.S.,

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No, ATMs in India aren’t going anywhere just yet

NCR

The financial services sector in India has been undergoing something of a revolution of late, largely due to efforts by the government to encourage inclusion in the formal financial system and promote the use of digital payments – with aims to reduce the shadow economy and raise tax revenue among the driving forces.

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39 Crypto Fintech Unicorns

Fintech Labs Insights

Payments/Identity. SMB Challengers: Rho Delivers Integrated Bank, Card & Payments Experience. 1 Feb 2022. FTX Exchange. Jan 2022 round. Dec 2019 round. July 2021 SPAC (proposed). Cayman Islands. Circle Internet Financial. July 2021 SPAC (proposed). Fireblocks. Jan 2022 round. 2019 round (per Fortune). Aug 2021 round.

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