Posted on May 7, 2021 | by news-summaadvisory

Top Fintech News Stories for May 5, 2021

Here are the most read news stories from our daily newsletter today:

The Paycheck Protection Program is out of money. – The New York Times
BNY Mellon leads back-office race to secure US crypto ETF business – The Financial Times
Tala and Visa Partnership Seeks To Ignite Stablecoin Use In Emerging Markets – PYMNTS.com
PitchIt Podcast #3: Asya Bradley of First Boulevard – LendAcademy
Apple Card Grows To 6.4 Million Cardholders Thanks To Women – Forbes
Financial Data Exchange Announces 18 New Members; Brings Total Membership to 186 Organizations – CrowdFund Insider
Coinbase Teams Up with Pledge 1% to Create Corporate Giving Program that Leverages Power of Crypto to Help People – CrowdFund Insider
HoneyBook raises $155M in Series D round – finLedger
How Covid-19 Continues to Reshape Consumer Banking Behaviors – The Financial Brand
Generosity is trending. Neobanks are tapping into that. – American Banker

Other Related Insights

A place for information on subject matter expertise and guidance on four dynamic industries that are changing the way business is conducted.

The Precarious Framework Underpinning Stablecoins’ Rise

If structured as they are at present, most decentralized protocols may lead to sanctions-framework violations and — potentially — partial bans or heavy fines from the Treasury and other government bodies. At the core of what we’re doing in defi, permissionlessness is a feature, not a bug..

Stablecoins on the Menu as Fed Meets in Jackson

All eyes are on Wyoming this week as the Federal Reserve will be meeting for its annual Jackson Hole Symposium, hosted by the Kansas City Fed. Among the items on the menu: the latest research from top economists (which may sound like a snooze fest, but it’s worth paying attention to, as some of th..

Funded: Cache raises $12.5M Series A to unlock sophisticated tools for concentrated stockholders

Hi there and welcome to Funded, where we spotlight early-stage bets on the future of tech. This week’s feature zeros in on a fast-growing fintech that’s rethinking how employees with big stock positions can protect and diversify their wealth without taking a tax hit. San Francisco-based Cache ha..