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Fed Concerned Trade War Could Trigger Recession

PYMNTS

Esther George of the Kansas City Fed and Eric Rosengren of the Boston Fed voted to “keep the target range unchanged,” the news outlet said. Americans are now paying the highest level ever on credit card interest rates — and that could have a negative impact on consumer spending and U.S. growth in general.

St. Louis 109
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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.

Mobile 100
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Envel is the New Simple Bank (Fintech Startup of the Week)

Fintech Labs Insights

But, I think we have another strong contender with the latest challenger, Boston-based Envel. On the banking side, the startup is working StoneCastle for deposits and Kansas City-based nbkc bank to power banking services, including a soon-to-be-launched debit card. It has the tech. It has the team.

Fintech 15