Member Exclusive, Payments
Cheat Sheet: What it means when the Federal Reserve goes down
- The Federal Reserve payments system went down yesterday for a few hours.
- The outage impacted ACH payments, interbank transfers, and payroll.
Zoe Murphy | February 25, 2021
New banks
‘The financial industry was not built to serve the needs of melanated people because we were excluded from its construction’: Visa partners on crypto with First Boulevard
- Visa partnered with digital bank First Boulevard for the anticipated launch of its crypto API pilot program.
- The challenger bank which is focused on increasing financial inclusion for the Black community will enable its customers to purchase, trade and custody digital assets.
Rimal Farrukh | February 25, 2021
Finance Everywhere
Are you a Confident Money Manager or a Laid-back Balancer? Marcus by Goldman Sachs launches a financial personality quiz
- The Myers-Briggs Company and Marcus by Goldman Sachs partnered to create the Financial Personality Quiz.
- The quiz determines four main financial personality types that signify potential strengths and weaknesses for long term financial planning.
Rimal Farrukh | February 24, 2021
Member Exclusive
Brex’s proposed bank is a setback for Revolut’s team building in the U.S.
- Brex has applied for an industrial bank license.
- Management conflicts of interest may impact Revolut's U.S. efforts.
Zachary Miller | February 24, 2021
Payments
‘Making the browser and a superior wallet work better, together’: Opera’s Krystian Kolondra
- The browser Opera has 380 million users globally and 50 million in Europe.
- The firm is integrating payments and cashback into the browser and has broad fintech ambitions.
Zachary Miller | February 24, 2021