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11.1.17 Your morning briefing

Payments Source

Today: New York and Vermont penalize Hilton over breaches; Microsoft pushes fintech in Japan; Dilbert's Scott Adams plans an IPO; Singapore approves a virtual currency card; GameStop ties rewards to subscription payments. The information you need to start your day, from PaymentsSource and around the Web.

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PSCU’s Lumin Teams With Vermont Credit Union To Provide Digital Banking

PYMNTS

PSCU’s Lumin Digital has signed the Vermont State Employees Credit Union (VSECU) to a multi-year digital banking and cloud computing agreement, Lumin announced on Wednesday (Feb. Founded in 1947 in Montpelier, Vermont, VSECU strives to offer its nearly 70,000 members economical savings and credit. .

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B2B FinTech’s Unlikely Investment Winner

PYMNTS

But the segment of B2B FinTech that secured the largest backing — $50 million — is one you’ll never guess. Existing backers also participated in the round, said reports, including MassMutual Ventures,406 Ventures, Fairhaven Capital and the Vermont Center for Emerging Technologies. It was also one of the most diverse. Blockchain .

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Top 21 Online Digital Accounting Services for Small Businesses (SMB): Jan 2022

Fintech Labs Insights

We call it the FAB score, standing for Fintech Attention Barometer. HQ: Burlington, Vermont. Related: The 34 Biggest Fintech Conferences & Events in 2022. The Fintech Unicorns of the 21st Century (Dec 2021). SMB Challengers: Rho Delivers Integrated Card, Payments & Checking Experience. Rating: INA.

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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. In 2021, there were more than 120 fintech IPOs in the U.S., Acronym of the Year – CCCA (Credit Card Competition Act). Oh, what a mere 12 months can do.

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