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Today In Payments: DOJ Approves Mastercard's Finicity Acquisition; Airbnb Files For IPO

PYMNTS

Mastercard’s $825 million move to acquire Finicity, which provides access to financial data in real time, is inching ahead after the deal gained the approval of federal regulators. Germany's Razor Group, which works to acquire and scale Amazon brands, has raised 25 million euros (about $26.7 Airbnb filed paperwork with the U.S.

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The RealReal Face Investigation Over Goods Authenticity

PYMNTS

Plaintiff Gaby Basmadjian of Novi, Michigan, says a diamond ring she purchase from TheRealReal.com for $982.62 Luxury consignment retailer The RealReal is facing a federally-filed lawsuit alleging the eCommerce site systematically inflates the weights of diamonds and other precious gems on offer, according to CNBC news. carats of diamonds.

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When Suds Go X-Border

PYMNTS

New brewery openings now outnumber closings 10 to one as consumers look to small, independent brands to quench their thirst. Long is the CEO of Brew Export, a comprehensive solution for brewers entering international markets, as well as a resident of Grand Rapids, Michigan — otherwise known, as she’s quick to point out, as “Beer City, USA.”

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The 2023 GonzoBanker Awards

Gonzobanker

Under Stuart’s leadership over the past 17 years, OnPoint has gone from under $2 billion in assets to knocking on the door of $10 billion, all while becoming the most recognized financial brand in the Portland market and achieving some of the industry’s best profitability in 2023. The Bank Regulator Working for Merchants Award!

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Bright Paths Students Demonstrate New Skills with Incredible Variety of Apps

Perficient

Technology Stack: Flask, SQLAlchemy, Bootstrap, ForeignKeys, Jinja | APIs Used: Used data from “California regulations of possibly harmful products”, which was a CSV file. This FinTech app allows users to invest in a portfolio in their favorite brands or companies (DoorDash, Lululemon, Target, Costco, Amazon, etc.)

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The 2022 GonzoBanker Awards

Gonzobanker

As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. April Clobes, President/CEO, Michigan State University Federal Credit Union (East Lansing, Mich.). A relationship bank with a 37% efficiency ratio?

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46 Corporations Working On Autonomous Vehicles

CB Insights

They are a diverse group of players, ranging from automotive industry stalwarts to leading technology brands and telecommunications companies. A few of the companies or brands listed below belong to the same parent organization, but are detailed separately if they are operating distinct autonomous development programs.

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