December 8, 2021
Via: Payments DiveThe Consumer Financial Protection Bureau (CFPB) needs to protect consumers from big technology companies eager to make inroads in the payments processing business, according to comments filed this week with the agency by two bank industry trade groups. The American […]
Activity, Channels, Corporate Banking
August 18, 2021
Via: Payments DiveSquare’s acquisition of buy-now-pay-later (BNPL) firm Afterpay will further entrench the payment provider’s tools with small-business and consumer-banking clients, a move that should concern some traditional financial institutions, industry observers said. The $29 billion deal, which Square announced this month, […]
October 21, 2020
Via: CNBCJPMorgan Chase is making a play to sell more services to millions of American small business owners, pushing into an area pioneered by fintech firms including Square, PayPal and First Data, CNBC has learned. The bank is rolling out a […]
June 21, 2018
Via: Banking TechnologySquare has had its application for a virtual currency licence approved by the New York State Department of Financial Services (NYDFS). Square currently holds a money-transmitter licence from NYDFS. Square intends to implement its Cash App, which provides customers with […]
August 24, 2016
Via: Bank InnovationNo matter what industry you’re in, the chance of success depends on the knowledge and insight you have regarding your customer base, which for both traditional banking institutions and fintech startups means focusing on millennials. The millennial desire for speed, […]
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