Thu.Sep 09, 2021

Visa to Accept Crypto as Payment in Brazil


Visa is looking at plans to accept crypto payments in Brazil, an interview with Brazilian news outlet Seu Dinheiro says.

Alt Lending week ending September 10th 2021

Daily Fintech

Overseas companies find British red tape a hindrance to doing business. I am not a great fan of the FCA and think they should perhaps take a leaf out of the medical professions book when nudging UK banks in one direction or another. First do no harm” comes to mind. I have known for […].


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US Commerce Department Launches National AI Advisory Committee


The U.S. Department of Commerce has put together a committee to advise President Joe Biden and other federal agencies on issues related to artificial intelligence (AI), according to a press release.

XBRL News from Malaysia and about building blocks

Daily Fintech

Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week.

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The Importance of PCI Compliance and Data Ownership When Issuing Payment Cards

This eBook provides a practical explanation of the different PCI compliance approaches that payment card issuers can adopt, as well as the importance of both protecting user PII and gaining ownership and portability of their sensitive data.

BitPay CEO Sees Promise Beyond El Salvador’s Grand Bitcoin Experiment


El Salvador’s embrace of bitcoin may be a grand experiment, marked by great expectations … or it may be a technological flop with few takers (from the public at large). Or maybe something in between.

More Trending Debuts New Dropshipping Tools, SMB Grants

PYMNTS is looking to support U.S. small and medium-sized businesses (SMBs) with the introduction of new dropshipping services and a $500,000 grants program to help existing eCommerce platforms, the company said in a press release on Thursday (Sept.

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Libor judge rejects halting use of benchmark in win for banks


A U.S. judge signaled he won’t immediately terminate Libor, rejecting an effort by a group of borrowers who argued the benchmark is the product of a “price-fixing cartel.” The tentative ruling Thursday by U.S.

JPMorgan Boosts Dining Investment With Acquisition of Zagat Owner


Morgan Chase will be buying The Infatuation, the owner of restaurant review guide Zagat, the Financial Times (FT) reported. Terms of the deal were not disclosed.

Wells Fargo fined $250 million for mortgage violations

American Banker

Servicing Mortgages Regulation and compliance

Make Payment Optimization a Part of Your Core Payment Strategy

Everything you need to know about payment optimization – an easy-to-integrate, PCI-compliant solution that enables companies to take control of their PSPs, minimize processing costs, maximize approval rates, and keep control over their payments data.

LA’s SoFi Stadium, Square Ink 10-Year Deal for Contactless Payments


Square will be the exclusive point-of-sale (POS) payments, software and merchants service provider for the new SoFi Stadium, which is home to the Los Angeles Chargers and Los Angeles Rams, along with Hollywood Park, a 300-acre mixed-use development being built by Rams owner Stanley Kroenke, according to a press release on Thursday (Sept.

Watch: Synthetic identity fraud presents growing threat, panel says


The real world poses as much of a threat as the online one, cybersecurity experts said in a Thursday webinar hosted by Bank Automated News.

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Sea Ltd. Will Raise Record-Setting $6.3B in Capital


eCommerce and gaming company Sea Ltd. hopes to raise $6.3 billion in the largest fundraising effort in Southeast Asia's history, the second major fundraising effort in less than a year for the $185 billion firm, which is hoping to accelerate its global expansion efforts. Sea’s $6.3

Varo Bank raises $510M in funding


Varo Bank, the first fintech to secure a national bank charter, today announced a $510 million oversubscribed funding round, a new raise that more than doubles the company’s previous funding, bringing total funding for the San Francisco, Calif.-based based mobile bank to $992.4 million.

Reaching Unreachable Candidates

Speaker: Patrick Dempsey and Andrew Erpelding of ZoomInfo

What is ZoomInfo for Recruiters? Find and connect with the right talent to fill roles fast with more data, basic search, advanced search, candidate and company profiles, and export results. Watch this On-Demand Webinar today to see how ZoomInfo for Recruiters can work to get your talented candidates results.

Affirm's BNPL Plans Surge As Customer Count Doubles to 7.1 Million


The fast-growing buy now, pay later (BNPL) provider Affirm exceeded its own expectations Thursday (Sept.

Participating in PPP increased banks' risk appetite, study finds

American Banker

Risk Small business lending Commercial banking

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Marqeta, Zip Team on BNPL Payments


Global card issuing platform Marqeta is continuing a partnership it has had with Australia-based Zip Co. for the past year and will keep powering the buy now, pay later (BNPL) company, according to a press release emailed to PYMNTS.

Google 226

Mobile payments lay foundation for digital vaccine passports

American Banker

Payments Regulation and compliance

Going to Market Smarter in the New Economy

In 2021, as companies continue to move more functions online, employees will take a more virtual -- and flexible -- mindset and lifestyle in parallel to the digitization of businesses. To succeed, you must change the way you conceive and build new products as a digital business. Download the report today to discover more!

‘Super App as a Service’ Enables BNPL, Universal Rewards Redemptions, Including Crypto


“People are ready to switch their rewards to crypto,” nova e CEO Sergio Arana told PYMNTS.

Varo Bank's $510 million capital raise: Springboard or lifeline?

American Banker


Amazon Expanding SMB Ecosystem


In business, competitive advantage is the goal — and there are many ways to get there. For Amazon, of course, you might say that the installed base of millions of merchants is an inherent strategic advantage. Especially when it comes to unveiling, and spurring adoption of, new financial services.

Course 219

How credit unions are helping communities hit by Ida, wildfires

American Banker

Credit unions

The Forrester Wave™: B2B Marketing Data Providers, Q2 2021

In our 24-criterion evaluation of B2B marketing data providers, we identified the 11 most significant vendors — Data Axle, Dun & Bradstreet, Enlyft, Global Database, InsideView, Leadspace, Oracle, SMARTe, Spiceworks Ziff Davis, TechTarget, and ZoomInfo Technologies — and researched, analyzed, and scored them. This report shows how each provider measures up and helps B2B marketing professionals select the right one for their needs.

Provider Ranking of Digital Banking Apps All Tied Up In A Series of Dead Heats


Here’s a metaphysical math problem from all of you digital bankers out there: is something really a “top 10” when it scores and ranks 16 of anything? We’ll attempt to explain. Some categories are so very big that you’ve got more apps vying for those coveted 10 spots.

JPMorgan agrees to buy restaurant-guide company that owns Zagat

American Banker

Consumer banking Credit cards

Verizon and the NFL Renew Tech Pact With 5G Stadiums and Enhanced Mobile Viewing


In a convergence of forces including the power of 5G connectivity, an obsession with mobile consumer experience and the retooling of live sports venues for pandemic era fans, Verizon and the NFL are renewing their 10-year technology alliance just in time for the 2021 kickoff.

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Can You Answer These Questions?

New York's State of Mind

Just like there are people out there who read the obituaries, taking silent satisfaction from the fact that they are not the ones being written about, let’s face it, there are those of us who are silently relieved when they read the latest blogs and trade press and confirm that their credit union has not […]. HR Legal Watch New York State technology data portability Fired Employee Network Access vendor management

Realizing the Benefits of Automated Machine Learning

How are organizations using machine learning and artificial intelligence (AI) to derive business value? Renowned author and professor Tom Davenport explains the rise of automated machine learning, its benefits, and success stories from businesses that are already using it.