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.
The UK-based neobank can now jump into Australian lending and it has acquired an Indian company that offers multicurrency accounts and remittances. But what does it all add up to?
ACI PayAfter integrates more than 70 BNPL options into a single solution for merchants.
Investment professionals aren’t keen on crypto: A survey found that a large majority of fund selectors don’t think that investors should have crypto exposure. But they also confessed that their firms need more education about the asset class.
On today's episode, we discuss how Apple's new Tap to Pay feature will disrupt the payments world. Then for "In Other News," we talk about the impact of American Express' new checking account and what will happen now that buy now, pay later firm Afterpay is integrated with Block (formerly Square). Tune in to the discussion with VP of content and head of financial services Daniel Van Dyke and our analyst Jaime Toplin.
Crypto Super Bowl gives 2000 vibes: Conventional wisdom is comparing this year’s crypto commercials with the dot-com ad wave 22 years ago. What’s the lesson there?
Both companies are letting customers pay for purchases directly from their bank accounts, which might help limit interchange costs for merchants.