We’ve netted out three trends from earnings results in the US, the UK, and Canada. And it’s not all bad news.
The all-cash deal values Atlanta-based EVO Payments at $4B and can help Global Payments improve its B2B offerings.
The SEC has called out JPMorgan, UBS, and TradeStation for deficient customer identity theft prevention programs, and the CFPB just fined U.S. Bank for opening unwanted new accounts.
Aside from products, the bank markets ‘care, credibility, and trust,’ seeking to bring on customers for life.
The Robin Banks service gives hackers a kit that allows them to run targeted scams against customers at the world’s largest banks.
Mastercard’s gross dollar volume increased 14% YoY in Q2. The firm said it’s ramping up value-added services and investing in innovation to sustain growth.
Survivors will find new ways to generate revenue while keeping their customer base intact.
The VC firm started as a social network. Now it will direct $20M to fintechs at the angel, pre-seed, and seed stages.
The digital asset exchange had to meet tough standards to get the regulator’s blessing.
Dick Durbin and Roger Marshall have drafted a bill that will let merchants route Visa and Mastercard credit card transactions to alternative networks.