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US Justice Department Sues Visa To Block Its Planned $5.3B Plaid Acquisition

PYMNTS

billion acquisition of Plaid, arguing that the deal would allow Visa to extend what the DOJ alleges is the company's control of the online debt market. In theory, the system could eventually allow consumers to bypass credit cards and transfer money directly from their bank accounts to a merchant’s account. 5) to block its planned $5.3

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Checkout.com Buys Australian Startup Pin Payments

PYMNTS

Checkout.com faces competition from Stripe, a San Francisco technology company that allows businesses to make and receive payments over the internet, and Adyen, a Dutch payment company that provides businesses a way to accept eCommerce, mobile and point-of-sale payments.

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LendingClub Settles With SEC, DOJ

PYMNTS

As technology continues to provide more creative means for financial transactions, so, too, must financial technology companies be careful to abide by the rules that ensure stability and fairness in these emerging markets.” LendingClub has agreed to pay a $2 million civil penalty to settle the matter. “As The Aftershocks.

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The 34 Biggest Banking, Mortgage & BankTech Events in 2023

Fintech Labs Insights

These are the largest events in the financial services industry geared towards banking technologists, program managers, marketers, developers and C-Suite execs at both legacy financial institutions and upstart banktech and fintech firms. Small Businesses (SMB) in November 2022 Top 15 U.S.

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FinDEVr APIntelligence

Fintech Labs Insights

Are you building new financial technology? Be sure to register now for the only event exclusively for fintech developers, FinDEVr 2015 , Oct 6-7 in San Francisco. Swiss Re partners with Backbase to develop a new platform for selling and servicing life and health products online.

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FinDEVr APIntelligence

Fintech Labs Insights

Are you building new financial technology? Be sure to check out coverage from our recent developer conference in San Francisco. The latest from FinDEVr San Francisco 2015 presenters: Hyperwallet Launches Loyalty Program for Independent Workers. Stay tuned for details.

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2016 CNBC Disruptor 50 Features Klarna, Kabbage, Twilio, and Motif Investing

Fintech Labs Insights

Ask alternative online broker Motif Investing. ” Or check with cloud communications and authentication specialist Twilio , a FinDEVr alum ( FinDEVr San Francisco 2015) enjoying its third consecutive year on CNBC’s Disruptors List of companies “whose innovations are revolutionizing the business landscape.”