Capital Cards Financial Technology New York 
PYMNTS
JULY 2, 2020
With the pandemic nudging businesses further into the digital payments realm, commercial card innovation is heating up to capitalize on the opportunity for adoption. Boost Bolsters BMO Harris Bank’s Biz Cards. Global Cash Card’s Legal Saga Ends. ADP Eyes Payroll Card Adoption Jump.
Payments Source
JANUARY 10, 2018
Petal has received a $13 million funding round from Valar Ventures, a New York-based venture capital fund that specializes in financial technology, to use artificial intelligence to fill holes in legacy risk vetting.
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PYMNTS
MAY 17, 2019
-led round, financial services software startup firm OpenFin notched $17 million in funding. Barclays also participated in the round, as did existing investors such as Bain Capital Ventures, Pivot Investment Partners and JPMorgan Chase & Co., The company is headquartered in London and New York. Reuters reported.
PYMNTS
MAY 28, 2019
The company previously raised $111 million in venture funding from Accel, Bessemer Venture Partners, Square Peg Capital, Qumra Capital and others. The company recently filed paperwork with the Securities & Exchange Commission (SEC) to go public on the New York Stock Exchange. Just under $3 billion – or $2.7
CFPB Monitor
OCTOBER 11, 2018
earlier this week, the OCC’s recent decision to accept applications from non-depository financial technology firms for a special purpose national bank (SPNB) charter was the focus of considerable discussion. At the Online Lending Policy Institute’s (OLPI) annual summit in Washington, D.C. In her remarks and responses to questions, Ms.
Gonzobanker
DECEMBER 19, 2022
Financial institutions that relied on mortgage banking fee income as a key earnings component have been left to make big adjustments. 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. Goes to Sen.
Tomorrow's Transactions
JANUARY 23, 2017
We know this, because at the end of 2016 the US Office of the Comptroller of the Currency (OCC) said that it was going provide a new national bank charter for fintech companies. From OCC Grants New Charter to Fintech Firms — with Strings Attached | American Banker. That’s how capitalism is supposed to work.
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