Podcast 407: Penny Lee of the Financial Technology Association

The fintech industry has become much more sophisticated in how it engages with lawmakers and regulators in Washington. There are now many people in leadership positions, both within fintech companies and within the trade associations, with deep experience in government who can make sure our voice is heard. And that the issues that are most […]

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October secures backing from EIF and Invest-NL

SME lender October announced €35 million in backing from the European Investment Fund (EIF) and Invest-NL for their SME V fund today. This is the fourth time the EIF has shown its commitment to the fintech’s funds.  “This renewed commitment for October testifies not only to the track record of this fund manager but also […]

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In ‘major global crypto enforcement,’ DoJ takes down…Bitzlato

January 19, 2023, social media was awash with speculation on who could possibly be at the receiving end of the DoJ’s “major global crypto enforcement.” Rumors circulated, individuals tweeting that perhaps it was one of the “Big Three” (Binance, Kraken, and Coinbase). The somewhat anticlimactic answer was Bitzlato.  The little-known exchange has since been catapulted […]

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How to make fintech apps eco-sustainable

The trend for ecological sustainability is spreading from industry to industry. Fintech has not become an exception, with the environmental, social, and corporate governance (ESG) criteria becoming an increasingly important factor for fintech businesses in raising investments.  However, there is a “but” here. While many “green” fintech startups like Aspiration or Sugi appear on the […]

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Brazil’s BV bank acquires stake in fintech Méliuz

Brazilian bank BV bought a stake in the fintech Méliuz, with the option to take control of the BaaS platform Bankly. BV is considered the fifth-largest private bank in Brazil, according to the Central Bank of Brazil ranking. BV acquired a 3.85% stake in Méliuz in a deal that includes a commercial agreement between the […]

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Merchants battle against the costs of cashless

The march towards a cashless future is well underway.  The British Retail Consortium (BRC) found in its 2022 payments survey that card transactions within the UK accounted for almost 90% of retail transactions in 2021.  The BRC noted that cash usage had dropped significantly to an all-time low of 15% yet remained the second most […]

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Trust No One: The rising sophistication of digital hacks

In the early hours of Saturday Afternoon in early December, long-term Coinbase user David* received a text. Seemingly legitimate, the message said someone had changed his Coinbase password, and a transaction was pending. Moments later, he received a call claiming the same thing.   Skeptical at first, his fears were subdued when the caller opened a […]

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‘Simple’ chargeback anything but for retailers

Have you ever had to dispute a charge on your credit card? With a few simple clicks or using your finger on your smart device, you can initiate a chargeback through your bank or credit card company. Consumers see this process as seamless and relatively instant. It’s just the start of a complex process for […]

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Why banks should consider a white-label response to the BNPL threat

The following is a guest post by Yaacov Martin, Co-Founder and CEO of Jifiti. Competition in the Buy Now, Pay Later (BNPL) industry is rife, and the large fintechs that dominate the market are changing their offerings and services to stay ahead. Affirm is making it easier for merchants to integrate its product, while Klarna […]

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Editorial cartoon for Jan. 17, 2023

Matt Bodkin Matt is an experienced editorial cartoonist with a demonstrated history of working in the newspaper industry. Strong arts and design professional with a Bachelor of Fine Arts focused in Fine Arts from Long Island University, Southampton Campus. View all posts

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