2+ day, 7+ hour ago   (265+ words) FinTechs once saw credit unions as a hard market to crack. Now the door is crowded, and many providers want a way inside. “FinTechs Want In: How Credit Unions Can Turn Partnerships Into Growth” is a PYMNTS Intelligence and Velera…...

1+ day, 11+ hour ago   (709+ words) Revolut, Ramp and Adyen are extending their reach with large companies through banking, financial operations and global payments, respectively. PYMNTS Intelligence found that companies approaching enterprise scale can free up more cash when financing, supplier payments and treasury operations work…...

2+ day, 6+ hour ago   (433+ words) Republican lawmakers circulated a new version of the Clarity Act on Thursday (Sept. 10), ahead of the Senate’s return from its recess next week, CoinDesk reported Thursday. The new text of the crypto bill includes tweaks to how it would address…...

2+ day, 7+ hour ago   (333+ words) Nasdaq Ventures has agreed to invest $100 million in Payward, the parent company of Kraken, Nasdaq said in a Thursday (Sept. 10) press release. The investment of part of a broader expansion of the partnership between Nasdaq and Payward that will also…...

2+ day, 7+ hour ago   (910+ words) Revolut and Upstart are pursuing national banks that can take insured deposits and originate loans, while Circle and Block are using national trust charters for custody and other specialized activities. The OCC received 40 de novo charter applications in 18 months, including…...

2+ day, 11+ hour ago   (517+ words) Stablecoins are becoming financial infrastructure, not just payment rails. The competitive moat is shifting toward the layers around the token: custody, credit, liquidity, settlement, FX, compliance and developer distribution. Payments data is starting to become a financing input. Visa’s settlement…...

2+ day, 13+ hour ago   (387+ words) The partnership, announced Thursday (Sept. 10), aims to add acceptance, settlement and real-time funding, built directly into the systems the banks already use. “Community banks and credit unions have witnessed their customers use digital assets for years,” Ryan VanGrack, vice chair…...

3+ day, 12+ hour ago   (454+ words) Federally chartered cryptocurrency bank Anchorage Digital submitted a declaration to a court in support of a lawsuit that aims to block an Illinois law that will tax crypto when it is exchanged, transferred or held in storage, the company said…...

3+ day, 13+ hour ago   (268+ words) ACH network operator Nacha and its Payments Innovation Alliance launched a new digital assets-focused initiative, according to a Wednesday (Sept. 9) press release. The Next-Gen Currency Project Team will be led by Nacha and the Digital Sovereignty Alliance, the release said....

3+ day, 14+ hour ago   (407+ words) “The integration will enable Marqeta’s customers to embed stablecoin capabilities into wallets, cards and everyday financial products,” the companies said in a news release. “Together, the companies are unlocking stablecoin spendability to allow users to transact in digital dollars at…...