PYMNTS

NOVEMBER 19, 2020

While recognizing that digital currencies do pose risks, including the possibility of imposing “a macro-economic cost,” Haldane argued that a digital currency could mitigate technological constraints on lending, provide additional payments security, and increase stability. “I In other news, the U.S.

Bitcoin 222

Bitcoin cryptocurrency Online social media 222

PYMNTS

AUGUST 2, 2019

To let consumers spend the value of their digital currency, instant crypto loan company Nexo is rolling out a cryptocurrency credit card that is Mastercard-branded. Additional credit is automatically and instantly available on the card upon appreciation of your crypto’s value.” dollar, the British coin and the Euro.

Cards 175

Cards cryptocurrency Bitcoin Lending 175

PYMNTS

DECEMBER 12, 2018

Cryptocurrency-backed lending platform Cred is opening up its technology to third-party developers, the company has announced. 11), Cred revealed the rollout of its developer platform CredX (not to be confused with the new credit card accounts payable solution recently launched by Finexio ). In a press release on Tuesday (Dec.

Lending 139

Lending blockchain cryptocurrency Bitcoin 139

PYMNTS

MARCH 22, 2019

Much hype and hope surrounds the adoption of cryptocurrencies — bitcoin among them as the marquee name in the space, of course — beyond the Wild West of speculative trading that exists now. Favor has met with disfavor, and bitcoin now trades at $3,990 — a bit above nadirs around $3,400 and well off highs that neared $20,000.

Bitcoin 123

Bitcoin social media Lending cryptocurrency 123

PYMNTS

MAY 17, 2019

The proposed credit card interest rate cap legislation , courtesy of Democratic presidential hopeful Senator Bernie Sanders and Rep. Battle Over Payday Lending Shifts To Public Comments. The battle over payday lending – specifically, how tough U.S. Bitcoin Gets Second (or Third, or Fourth) Wind. Here’s why.

Innovation 144

Innovation Lending Bitcoin Payments 144

CB Insights

AUGUST 16, 2021

Upgrade , an online lending platform, has raised $105M in a Series E. Since its inception in 2017, Upgrade has provided mainstream customers with over $7B in credit through cards and loans. Since its inception in 2017, Upgrade has provided mainstream customers with over $7B in credit through cards and loans. Want the full post?

Lending 68

Lending Online Bitcoin California 68

PYMNTS

DECEMBER 9, 2016

The second week of December saw bitcoin sit pretty solidly in the 750s and 760s after last week’s high point of $777 — on trend for relatively stable (by cryptocurrency standards) growth upward since dipping down into the 550s this past summer. At the time of writing, bitcoin was valued at $769.89. and Mexico.

Bitcoin 100

Bitcoin cryptocurrency New York City Lending 100

PYMNTS

DECEMBER 10, 2019

Bitcoin and cryptos offer a prime example, where commerce transactions have yet to be among the use cases for digital coins. In an interview with Karen Webster, Mike Cagney, CEO and co-founder of Figure Technologies , said that the lending arena has seen markedly improved processes for borrowers and creditors. trillion, $6.3

blockchain 135

blockchain Lending Technology Data 135

Bank Innovation

MAY 3, 2018

Square made a splash when it announced it would sell bitcoin in its Cash app, but failed to make much money doing so, it was revealed yesterday. But working with the cryptocurrency taught the payments company quite a bit about blockchain technology, and how it ends up employing that knowledge may be the true payoff […].

Bitcoin 170

Bitcoin blockchain cryptocurrency Technology 170

PYMNTS

SEPTEMBER 30, 2016

Can the unbanked benefit from bitcoin, or are they merely the experimental subjects of bitcoin adherents, lobbyists and scientists? This week’s Bitcoin Tracker takes a look at the recent bitcoin projects that are in the news and that are targeting the unbanked. Vogel also wanted to clarify regulations surrounding bitcoin.

Bitcoin 100

Bitcoin America National Report 100

PYMNTS

FEBRUARY 28, 2018

Within that services segment, Cash App posted strong growth as consumers armed with Cash Card spent about $90 million in December alone. As for lending, the company said there were 47,000 business loans outstanding at the end of the latest quarter, worth a total of $305 million and up 23 percent from last year. Oh, yes: Bitcoin.

Bitcoin 101

Bitcoin Cards Capital Conference 101

Bank Innovation

DECEMBER 3, 2018

Bitcoin is no longer enjoying the limelight, non-bank giants like Amazon, Walmart and Google have shaken up the banking landscape and automation has become the norm in various aspects of banking with banks like using it in the backend of credit decision-making and lending. It’s been an interesting year.

Google 170

Google Bitcoin Lending Innovation 170

PYMNTS

AUGUST 5, 2016

Consumers always have their debit card handy and and can provide that number to a sender – knowing that if something goes wrong they are protected. So, we all know this – chip cards were not going to fix the problem of fraud at the POS. Bitcoin’s Big Summer Fizzle. Depends on who you ask. Unencrypted POS Data.

Bitcoin 100

Bitcoin Payments Samsung social media 100

PYMNTS

NOVEMBER 14, 2018

On November 14th 2017, the price of bitcoin was a little over $6,500 — a bit more than it is today at $6,300. Those two data points belie the fact that the last 365 days have seen a wild ride for bitcoin and its investors. The Basics Of Coin-Backed Lending.

Bitcoin 108

Bitcoin Lending cryptocurrency Taxes 108

PYMNTS

FEBRUARY 22, 2019

In a press release, the company said it aims to help business owners pay their 1099 workers more quickly via its blockchain-based platform, which supports payments to gig workers via Same Day ACH, prepaid card, PayPal, bitcoin and other payment tools. In another major investment for a B2B startup, U.K.

Lending 139

Lending Capital Fraud Tools 139

PYMNTS

JANUARY 2, 2019

This is helping those who believe cryptocurrency prices will go higher by allowing them to cover the bills, while also lending digital tokens to people who think the price can fall further. BlockFi told Bloomberg that it’s gearing up to roll out more credit products, such as a bitcoin interest-bearing savings account and a loyalty card.

cryptocurrency 150

cryptocurrency Bitcoin Lending Industry 150

CB Insights

JANUARY 26, 2023

First name Last name Email Company Name Job Title Phone number Using CB Insights data, we mapped how a16z spread these fintech investments across categories like payments, blockchain, digital lending, and more. Tally Technologies ($80M Series C): Tally’s app helps consumers pay off credit card debt more quickly by automating payments.

Strategy 101

Strategy Fintech blockchain Lending 101

PYMNTS

DECEMBER 28, 2020

Cryptocurrency lending platform Vauld raised $2 million to expand into full banking services, including issuing credit and debit cards and providing fiat and crypto order books, CoinDesk reported. The funding round was led by Pantera Capital and included Coinbase Ventures and LuneX Ventures.

Capital 175

Capital Security cryptocurrency Fraud 175

PYMNTS

JULY 24, 2019

In other news, cryptocurrency loan startup YouHodler forgot to password protect a server, which led to customer credit cards and user transactions being exposed for nearly one month. None of the information on the database, which held 86 million lines of daily updating records of the lending platform, was encrypted.

Regulation 108

Regulation Bitcoin New York Online 108

Bank Innovation

JANUARY 25, 2018

The cryptocurrency bitcoin, which shocked everyone by surpassing $17K, further shocked everyone by dropping below $10K. EXCLUSIVE — It’s not even a month into 2018 and already so much has changed. Then of course there are various other events sweeping the financial services space, from new tax laws in the U.S., to the rise of […].

Trends 299

Trends Bitcoin cryptocurrency Taxes 299

PYMNTS

MAY 16, 2016

The alternative lending market is showing signs of defeat against traditional bank loans, and SMEs are strengthening their demands for more than the typical solutions currently offered by traditional FIs. In B2B payments, that means changes in how businesses access, protect and ultimately make their money. 65% of U.K. 65% of U.K.

Fintech 108

Fintech Lending Fraud Cards 108

PYMNTS

SEPTEMBER 20, 2019

Construction Payments: Building the House With Virtual Cards. Payday Lending Laws Drive Traffic to Pawn Shops. While short-term lending, in general, has a pretty rough reputation , the pawn loan is the most ill-regarded arena in an already unloved category of consumer lending. Burger King Now Accepts Bitcoin.

Fraud 108

Fraud Payments Bitcoin Lending 108

PYMNTS

AUGUST 2, 2018

Customers spent a total of $250 million with Cash Card, tripling the amount consumers spent in December 2017. This year has also seen the launch of bitcoin trading through the Square Cash app. We’re not trying to push on the monetization of bitcoin today,” Square’s CFO Sarah Friar said. million to $408.2

Bitcoin 101

Bitcoin Capital Marketing Lending 101

PYMNTS

JANUARY 15, 2018

What story of reversals would be complete without a bitcoin section? The reversals this week in the bitcoin world were more in the arena of opinion. The most dramatic reversal of the week was South Korea’s bitcoin ban that almost was. JPMorgan Chase Head Jamie Dimon officially stated that he regretted calling bitcoin a fraud.

Data 110

Data Bitcoin Google Regulation 110

Bank Innovation

JUNE 8, 2018

Bitcoin mania has died down in the fintech world, and the conversation has shifted to technologies like voice banking, payments, and alternative credit scoring. What is the state of banking innovation today? Each year, we poll the industry to find out. This year, the pressure for banks to innovate is high, as banks no longer […].

Innovation 220

Innovation Bitcoin Fintech Industry 220

PYMNTS

FEBRUARY 27, 2019

27) that it is launching “My Chase Plan,” a tool that allows card customers to finance purchases of more than $500. JPMorgan also plans to roll out “My Chase Loans,” which will enable customers to borrow money against unused credit card balances.

Marketing 145

Marketing cryptocurrency blockchain Meeting 145

PYMNTS

AUGUST 6, 2018

Facebook Talks To Banks About Checking, Card Data. Facebook has been talking with banks about sharing customer data, such as checking account balances and card transactions, according to a new report. Customers looking to watch more movies will get a $2 to $5 a month discount per ticket. The coffee chain said today (Aug.

social media 100

social media Bitcoin cryptocurrency Regulation 100

PYMNTS

MAY 7, 2020

With the latest induction, some of those categories are notably growing — the payments enablement partners category added Cascade FinTech , Deserve , and PEX Card , which join Fast Track global alumni Galileo , Marqeta , and Stripe. That brings the total number of enablement partners to more than 20 globally. In the U.S.,

Fintech 238

Fintech Meeting Bitcoin Payments 238

PYMNTS

JUNE 28, 2019

POS installment: Visa is bringing installment lending to digital and physical points of sale through APIs , helping a $1.2 cardholders say installment lending helps them budget more effectively. Cryptos: Aside from a sizzling bitcoin rebound from pre-Libra lows, security issues linger. trillion market get bigger and grow faster.

Google 105

Google social media cryptocurrency United States 105

PYMNTS

JANUARY 26, 2018

percent related to prepaid cards and 2 percent to payday lending. The new movement on the pre-paid card rule followed news last week that the CFPB will also take another look at the payday lending rule put into place during Corday’s final days as executive director. Data like that should, and will, guide our actions.”

Lending 101

Lending Cards Millennials Data 101

PYMNTS

MAY 5, 2017

Although there were early inklings of the technology dating back to 1991, it wasn’t until 2008 when Satoshi Nakamoto implemented it as the base component of bitcoin currency that it really took off. JC: The early stereotypes of bitcoin (and subsequently, blockchain), were that it was the preferred currency of criminals.

blockchain 110

blockchain Bitcoin Regulation Industry 110

PYMNTS

APRIL 6, 2018

Suplari did not disclose exactly how it plans to use the funding, but noted its emphasis on AI-driven data analytics to enhance eProcurement spend management by assessing data across systems, including commercial cards, travel and expense management and accounts payable. IndustryBuying. Alternative Finance. Namaste Credit. Blockchain.

blockchain 116

blockchain Capital Seattle Lending 116

PYMNTS

AUGUST 22, 2016

It’s hard to find POS terminals that will take a government-subsidized debit card in local villages in India, where more than 60 percent of the country’s citizens live. The first thing that many people with prepaid payroll cards do when they get a direct deposit on a payroll card is visit an ATM and withdraw all of the deposit in cash.

Payments 100

Payments Bitcoin Cards Taxes 100

PYMNTS

FEBRUARY 26, 2018

The Office of the Comptroller of the Currency is examining the Community Reinvestment Act, which in part means that rules governing short-term lending may be reversed, and would let community banks compete more directly against payday lenders. FinTech Innovation and Cooperation in the Cards? Last Monday (Feb.

Regulation 101

Regulation Bitcoin Innovation Fintech 101

PYMNTS

FEBRUARY 5, 2018

There’s a difference between the risk of depositing money into a bank account, said Wright, and depositing money into a Starbucks card held on a phone. If Starbucks goes under, the individual has lost the $20 they have put on the card. She noted the continuing focus on Open Banking , which naturally lends itself to looking at the U.K.

Regulation 103

Regulation Bitcoin Innovation Study 103

PYMNTS

DECEMBER 30, 2016

Shortly thereafter, Mastercard and Visa, separately, did their deals with PayPal to make network-branded cards a warmer and friendlier option in that digital wallet. Bitcoin was not immune, as BitFinex was hacked and cyberthieves made off with $65 million of the digital currency. Online Lending. Online lending, anyone?

Lending 122

Lending Data Course Cards 122

Bank Innovation

JUNE 14, 2019

The corporate credit card startup is fresh off a $100 million funding round that has landed it a $2.6 Fintech executives sounded off on blockchain at CB Insights’ Future of Fintech conference this week. According to Henrique Dubugras, CEO and co-founder of Brex, blockchain is overhyped but cryptocurrencies are underrated.

blockchain 276

blockchain Fintech cryptocurrency Conference 276