PayPal-backed Pine Labs plans up to $700 Million IPO in October
Pine Labs Ltd., a digital payments provider in India, plans to raise as much as $700 million from an initial...
Plaid to pay JPMorgan for customer data amid industry feud
Plaid Inc. agreed to pay JPMorgan Chase & Co. for its consumer data, the latest accord in a battle between...
Tether to launch new US stablecoin, Bo Hines to lead project
Tether Holdings SA, the company behind the world’s most traded cryptocurrency, is bringing its digital dollar home, unveiling a US-regulated...
Robots step in more than ever when credit traders go on vacation
When US credit traders go to the beach, algorithms are increasingly stepping in for them, allowing transaction volume to stay...
PNC to reach Colorado-expansion target with FirstBank takeover
PNC Financial Services Group Inc. will fulfill its goals for expanding across Colorado with the planned takeover of FirstBank Holding...
Trimont picks JPMorgan for payments using blockchain
Trimont LLC, a global commercial real estate loan servicing company, is using JPMorgan Chase & Co.’s blockchain platform to help...
Visa abandons open banking in US as data-access debate rages
Visa Inc. shut its open-banking business in the US amid regulatory uncertainty about consumer-data rights and the prospect of higher...
CFPB seeks comments on bank fees as consumer-data rule reworked
The US Consumer Financial Protection Bureau is seeking answers to questions around bank fees and customer authorization as it reshapes...
Waller says Fed should work with industry on payment services
Federal Reserve Governor Christopher Waller called to embrace the “technology-driven revolution” taking place in artificial intelligence and stablecoins as a...
Crypto Wallet provider MetaMask to offer a Stablecoin with Stripe’s Bridge
Leading crypto wallet provider MetaMask is launching its own stablecoin in partnership with payment giant Stripe Inc.’s stablecoin arm, Bridge,...
