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Federal Reserve’s Cunha on the State (and Timeframe) of Digital Dollars

PYMNTS

Earlier this month, as PYMNTS noted , the Federal Reserve said its Boston bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency. But a race to a rollout is not in the cards. Central bank digital currencies (or CBDCs) have been gathering steam, at least as a concept.

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Five At Five: Mastercard Makes A Biometric Bet

PYMNTS

Mastercard Introduces Remote Biometric Card Enrollment. As biometrics have begun to represent the next generation in securing payments, Mastercard has unveiled a technological advancement for its own biometric cards. Amazon Expands Boston Tech Hub; Adds 2,000 New Tech Roles. Regulators in the U.S.

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Mobile Payments: What’s In It For Me?

PYMNTS

NanoPay is finding that for mobile payments to take off, even among early adopters, using a phone to pay must be much more rewarding and convenient than tapping a card. “You want to get into as many use cases as possible,” said Greg Weed, director of card performance research at Phoenix Marketing International.

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Amazon Sizzles, Plenti Fizzles And Goldman Gets Its Consumer Banking Groove

PYMNTS

It used to be that when “Goldman Sachs” was mentioned, it was in the context of the storied Wall Street investment banking firm trading and underwriting securities, advising on mergers and acquisitions, taking companies public and brokering deals. Yes, the focus may have been on tax cuts and share buybacks and credit cards.

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The PYMNTS 2018 Summer Top 10 List

PYMNTS

The charges came three months after a previous legal action, where Holmes was on the receiving end of a civil lawsuit from the Securities and Exchange Commission (SEC), amid allegations of “massive fraud.” Crytpo’s Big Flash Crash. That represents a 6 percent crash in over a day, kicked off by bitcoin dropping $300 in just over an hour and 4.5

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Fintech Fundings: 22 Companies Raise $300 Million Plus 2 IPOs Raise $5.9 Billion

Fintech Labs Insights

Secure messaging for financial services. Gift cards backed with public company equity. Fingerprint-authenticated payment card. HQ: Boston, Massecheusetts. Card rewards management. Tags: Enterprise, IDology (investor), security, risk management, payments, Finovate alum. Source: Finovate. Source: Re/Code.

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Fintech Fundings: 28 Companies Raise $220 Million Week Ending March 25

Fintech Labs Insights

HQ: Boston, Massachusetts. Debit card with company-driven expense rules. Nigerian online credit card processor. Tags: SMB, merchants, acquiring, credit/debit cards, acquiring, Y Combinator (investor). Source: Crunchbase. Maxwell Health. Payroll & beneifts platform. Latest round: $22 million Series C. CrowdStreet.

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