Payments
Worldpay from FIS reduces barriers to entry into the crypto market with MoonPay partnership
- Worldpay is working with crypto firm MoonPay to enable easier buying and selling of cryptocurrencies.
- MoonPay will leverage Worldpay’s technology to allow users to purchase cryptocurrencies and NFTs with credit and debit cards.
Ismail Umar | July 28, 2021
New banks
Acorns automatically jacks-up fees on subscribers paying $1 per month
- Acorns is approaching going public via a SPAC.
- The firm recently told customers in its lowest subscription tier that it was raising their fees by 3x.
Zachary Miller | July 28, 2021
Sponsored
‘How blockchain can replatform the financial system’: Paxos’ Charles Cascarilla
- With the versatility of blockchain and the security of physical asset backing, stablecoins are on the rise as an important digital asset.
- Trust is key to the long term success of stablecoins; infrastructure must be built on regulation and oversight.
Paxos | July 27, 2021
4 charts
The pesky, persistent gender gap in personal finance, in 4 charts
- Millennials and Gen Z in the U.S. are saving and investing more money than their older counterparts.
- However, there’s still a considerable gender gap in money management behaviors across younger generations.
Ismail Umar | July 27, 2021
Payments
QuickBooks introduces new payments hardware for small businesses as everyone guns for Square
- Intuit has introduced a new innovative, inexpensive card reader targeting small businesses.
- Square's rising dominance over the SMB payment ecosystem is increasing competition around SMB payments.
Zachary Miller | July 26, 2021