The 5-minute briefing for payments professionals who need to know what happened, what it means, and what to do about it — before their 9am.
Trusted by payments operators
Joined by 60+ product, risk, and partnerships leads at networks, issuers, acquirers, and fintechs.
Story 01
In a high-stakes bidding war, Mastercard and Coinbase are vying to acquire BVNK, a stablecoin infrastructure platform, with the deal potentially reaching $2.5 billion. This acquisition underscores the strategic pivot of both traditional and crypto financial entities towards stablecoin technology, crucial for streamlining digital transactions.
JPMorgan Chase is set to deploy advanced biometric security, including fingerprint and eye scanning, at its new headquarters in New York. This initiative marks a significant advancement in corporate security measures, aiming to boost operational efficiency and safeguard sensitive information.
Source:Austin-based fintech Routefusion has secured $26.5 million in Series A funding to enhance its cross-border payment capabilities. This investment will enable Routefusion to broaden its services, facilitating smoother international transactions for financial platforms, which is crucial in today's globalized economy.
Source:Wise is introducing a pioneering 'travel' card in India, designed to ease financial transactions for travelers with competitive exchange rates and reduced currency conversion challenges. This move taps into a growing market of global travelers, setting a new standard in financial mobility.
Source:A landmark deregulation in the US banking sector is poised to free up $2.6 trillion in lending capacity for Wall Street banks. This regulatory shift is expected to fortify the global standing of US lenders, enhancing their ability to support expansive economic initiatives.
Source:“Did you know that the first credit card was issued in 1950 by Diners Club and was made of cardboard?
Free · Weekday mornings · Unsubscribe in one click
