Payment Data Systems

Daily Tearsheet: Banxa doubles down on US expansion, building a compliance program, and how Blockdaemon is bucking the “crypto bro” trend

The A-Z of building a compliance program

• A compliance program is crucial for launching financial products into the marketplace – but the thought of building one may seem like a mammoth task.
• In its latest eBook, Modern Treasury breaks down the regulatory landscape and sets out an easy-to-follow roadmap for any company to start.

Bankchain Briefing: How crypto firm Blockdaemon is bucking the “crypto bro” trend

• This week, we explore the current state of gender equality in the crypto industry, and what firms in the space need to do in order to counter the long-standing “crypto bro” trend and make way for a more egalitarian future.
• We also discuss the current state of crypto regulation in the US, and look at how the lack of regulatory clarity is impacting the growth of the industry.

Banxa doubles down on US expansion to simplify crypto and NFT purchases

• After launching in the US in 2020 on an experimental basis, Banxa found the US to be a big market for its offering.
• The firm is expanding its debit and credit card-based payment options for purchasing crypto, adding ACH and wire transfers.

Daily Tearsheet: Recurring revenue financing with Pipe and Anthemis, and debit cards are dethroning credit cards