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Bitcoin Daily: BoE Economist Cites Benefits Of Digital Assets; Online Gamblers Choose Crypto To Cash Out; One Charged In $2M Crypto Theft

PYMNTS

While recognizing that digital currencies do pose risks, including the possibility of imposing “a macro-economic cost,” Haldane argued that a digital currency could mitigate technological constraints on lending, provide additional payments security, and increase stability. “I In other news, the U.S.

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Main Street SMBs, Digital AP, GoodRx’s IPO Tops This Week’s News

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Mastercard Expands Digital Card Program To Include Instant Access, eWallet . Mastercard has grown its Digital-First Card Program in North America as demand rises for digitally-driven money management offerings. HSBC To Staff: Stay Off Bank’s Social Media Accounts . Have A Credit Card In Your Purse?

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Another Payment Megadeal, Amazon Suppliers And PayPal SMB Lending Top The Week’s News

PYMNTS

As has been reported, Global Payments is the third largest merchant acquirer in the United States, while TSYS is the third largest card processor in the country. The company said it hired an independent security forensic company to make sure there wasn’t access to sensitive customer data. PayPal Hits $10B SMB Lending Milestone.

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Fintech Deals to Watch: Back to School

Gonzobanker

Then, bad grades came in right as summer party season kicked off, mom and dad took away the car and credit card, and the Venmo transfers came to a screeching halt. Thankfully, there was still a smartphone and social media to commiserate. Lending Tech With Almost Steady Grades (Even With Rough Semesters).

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Starting Early: Inside Community First’s Youth Agriculture Lending Program

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Aspiring farmers receive loans, learn how to use debit cards and write checks and receive assistance with business plans and managing budgets. Security and Long-Lasting Impact . The CU once had an issue in which a child was so excited to receive a debit card that they posted a photo of it on social media, number included.

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House Oversight and Reform Subcommittee on National Security holds hearing on protecting military servicemembers and veterans from financial scams and fraud

CFPB Monitor

On July 13, 2022, the House Committee on Oversight and Reform, Subcommittee on National Security held a hearing entitled “Protecting Military Servicemembers and Veterans from Financial Scams and Fraud.” A recording of the hearing is available here. .

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Amazon’s Bitcoin Embrace And Cannabis Burgers Top The Week’s News

PYMNTS

Visa’s newest APIs will help those within the Visa ecosystem to create digital cards on demand and add digital services. In addition, they are expected to jointly explore new product and service offerings in digital lending. Is Apple Card Already Changing Payments? The aim is to announce the launch of the credit card in 2019.

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