Amex added Plan It to Delta’s checkout, giving the airline another BNPL option for its customers while letting Amex reroute volume to its cards.
UK fintech aims to help people spend less on subscriptions: After wrapping up a $9M seed round, Nous will launch a service to automate contract renegotiations and provider switching. Our research shows that’s in high demand.
Fraud management is critical to retaining US customers’ digital trust: A FICO survey found that 28.7% of respondents would drop their bank if they aren’t pleased with how they handle fraud incidents.
A public-private forum created by the Bank of England and the Financial Conduct Authority (FCA) highlights operational best practices for good data stewardship.
Amazon will accept Visa credit cards across all of its sites—without surcharges—after reaching a global agreement.
The requirement to cut business ties with people linked to anti-vaccine-mandate protests will be a lot easier for companies with better-established compliance arms.
Voluntary AML initiative could improve crypto’s optics: A group of firms is self-regulating to help companies comply with US laws covering fund transfers between financial institutions’ customers.
Crypto mining keeps working on its environmental problem: ConocoPhillips is running a pilot program to sell natural gas that it would have otherwise burned away to a bitcoin processor.
BofA posts soaring digital-engagement stats: Surges in retail banking, wealth management, and payments, including some triple-digit growth, connect degree of engagement with profitability.
JPMorgan has established a presence in the blockchain-based virtual world Decentraland and published a report on opportunities within the sector.
Binance’s SEC probe highlights crypto exchanges’ potential conflicts: The US regulator is looking into the relationship between the company’s stateside division and a pair of market-making firms controlled by its founder.
The firm can use its blockchain expertise to offer faster, cheaper remittances, which may put more pressure on incumbents to digitize.
U.S. Bank jumps into earned-wage access: It’s partnering with Payactiv to let its customers’ employees tap portions of their paychecks early, as several payroll fintechs already do.