JPMorgan, Citi, and Wells Fargo reported double-digit card volume growth—here’s what to watch out for in the months ahead.
Tether looks to move on from stablecoin reserves woes: After the blockchain-based cryptocurrency’s legal trouble with US regulators, its chief technology officer said that it’s cutting reserve exposure to commercial debt.
FIS follows its rivals’ expansion into BaaS: Its Hub product will let financial institutions (FIs) embed banking products like cards and accounts.
An Ethereum expert was given a prison sentence for helping North Korea use cryptos to evade US sanctions.
Open banking eliminates many of A2A payments’ pain points, making them an even more attractive option for merchants.
Read the latest stories on NFTs from Insider Intelligence.
The country’s biggest banks more than doubled funding into highly polluting tar sands projects to $16.8B last year.
Circle’s $400M round is a vote of confidence in stablecoin: Funding from Fidelity and BlackRock, which is also partnering with the USD Coin issuer, shows investors are optimistic about the future of stablecoin.