Weekly Wrap: Visa acquires Plaid and retailers embrace fintech
Welcome to the latest episode of our Weekly Wrap video series, for the week ending Friday, January 17, 2019. In...
Strategy
Expensify targets socially-conscious companies with charitable rewards card
Expense management startup Expensify is including charitable donations as a perk for its corporate cards. The product, which launched in...
How Upstart and Cross River Bank are automating credit card payments
Despite advances in banking and personal finance technology, paying credit card bills in a simple, time-efficient way is still a pain point for many consumers....
Visa, Mastercard, AmEx win easier access to China market
The biggest U.S. card companies just moved a step closer to gaining access to China’s $27 trillion payments market. China...
German fintech Raisin acquires Choice Financial as it prepares for US launch
German savings and investment platform Raisin has acquired Madrid-based Choice Financial Solutions in an effort to integrate with U.S.-based financial...
With Plaid, Visa embeds itself deeper into the fintech ecosystem
Visa's $5.3 billion acquisition of data aggregator Plaid puts the company's tool set at the center of financial services innovation....
Shopify launches starter loans for merchants as low as $200
Commerce platform Shopify, which supports the operations of more than 1 million merchants, has launched a loan product for early-stage...
With point-of-sale loans, PayPal eyes millennial and Gen Z shoppers
As retailers seek to increase customer purchase volumes through point-of-sale loans, PayPal is setting itself apart from competition through its...
Banks are underusing gamification, Javelin Strategy says
As banks seek to build relationships with customers, they're not fully exploiting the potential of gaming as a strategy for...
Visa to buy Plaid for $5.3 billion in bid to reach startups
Visa Inc. grew into one of the world’s most valuable financial companies by serving as the pipes that help connect...
