News

Financial Inclusion
Atlanta Fed Forms New Committee To Advance Safe, Efficient And Inclusive Payments
May 16, 2021

The Federal Reserve Bank of Atlanta has formed a new special committee to look into ways for those reliant on cash to become more integrated into a digital economy, a press release says. Get the Full Story Complete the form to unlock this article and...

Partnerships / Acquisitions
AT&T’s Media Group, Discovery In Merger Talks, Report Says
May 16, 2021

AT&T might spin off its media business to merge it with Discovery, according to Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

IPO
Grab’s Valuation In Question After SPAC Partner Altimeter Plummets 28 Pct
May 16, 2021

Altimeter, a blank-check company in charge of merging with delivery giant Grab, is just a few cents above its record low after bottoming at 28 percent since a deal went through in April, Bloomberg reported. Get the Full Story Complete the form to unlock this...

Banking
Wells Fargo Analyst Predicts US Banks To Shed 10 Pct Of Jobs
May 16, 2021

Bank analysts say the U.S. banks might end up cutting as many as 200,000 jobs in the next decade as consumer banking behavior undergoes shifts, a report from Financial Times says. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Partnerships / Acquisitions
Experian, Temenos Offer Instant Prescreen, Credit Solutions
May 16, 2021

Credit rating giant Experian and major banking software player Temenos have integrated their offerings to create “a seamless way for lenders to extend credit,” according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

IPO
Marqeta Files For IPO
May 16, 2021

Marqeta, an Oakland, California-based firm that specializes in helping companies issue debit and credit cards to employees or contract workers, has filed with the federal Securities and Exchange Commission (SEC) to go public. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Dltledgers Launches Blockchain Platform For Alt Trade Financing
May 16, 2021

FinTech dltledgers has formally launched its SmartFIN program, which uses a blockchain-based system for connecting microbusinesses and small- to medium-sized businesses (SMBs) that are seeking trade financing with non-bank lenders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
InsurTech B2Z Debuts Small Business Policy Suite
May 16, 2021

Online business insurance company B2Z Insurance has rolled out a new suite of insurance policies for small- to medium-sized businesses (SMBs), including a business owners policy, cyber insurance and more, according to a press release. Get the Full Story Complete the form to unlock this...

IPO
Inflation Fears Prompt Investors To Move Away From IPOs
May 16, 2021

Volatility in the stock market has driven a wedge in the initial public offering (IPO) market, which was surging until recently, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...