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Each week TAG FinTech Steering Committee member Ali Raza compiles a list of newsworthy events impacting the payments ecosystem. He has graciously agreed to allow us to report his thoughts going forward. This week’s headlines include:
– Leaked pics reveal Google smart debit card to rival Apple’s
– Facebook’s Libra cryptocurrency gets revamp in response to backlash
– PayPal Approved to Provide Access to Paycheck Protection Program Loans
– Student lender SoFi to acquire Galileo Financial Technologies for $1.2 billion

Each week TAG FinTech Steering Committee member Ali Raza compiles a list of newsworthy events impacting the payments ecosystem. He has graciously agreed to allow us to report his thoughts going forward. This week’s headlines include:
– NCR has acquired UK-based Zynstra, a provider of edge virtualization technology
– The Fed released the 2019 Federal Reserve Payments Study, the seventh in a series of triennial studies
– Mastercard announced that it is acquiring RiskRecon, a provider of artificial intelligence and data analytics
– TD Bank is working with Visa to offer its US customers the ability to send money to their bank account at TD Canada

Each week TAG FinTech Steering Committee member Ali Raza compiles a list of newsworthy events impacting the payments ecosystem. He has graciously agreed to allow us to report his thoughts going forward. This week’s headlines include:
– The California Consumer Privacy Act officially takes effect
– JPMorgan to ban fintech apps from using customer passwords
– Australia delays Open Banking roll out over security concerns

Each week TAG FinTech Steering Committee member Ali Raza compiles a list of newsworthy events impacting the payments ecosystem. He has graciously agreed to allow us to report his thoughts going forward. This week’s headlines include:
– California governor to unveil plan for state CFPB
– Mastercard launches augmented reality app that brings card benefits to life
– BBVA explores product sales via Amazon
– Goldman’s consumer unit Marcus still accounts for only a small sliver of profits

Each week TAG FinTech Steering Committee member Ali Raza compiles a list of newsworthy events impacting the payments ecosystem. He has graciously agreed to allow us to report his thoughts going forward. This week’s headlines include:
– Visa to Buy Plaid for $5.3 Billion in Bid to Reach Startups
– Approval of Sezzle’s California Lending License
– SunTrust successor Truist rolls out new purple brand design and logo

Each week TAG FinTech Steering Committee member Ali Raza compiles a list of newsworthy events impacting the payments ecosystem. He has graciously agreed to allow us to report his thoughts going forward. This week’s headlines include:
– Cash, Plastic or Hand? Amazon Envisions Paying With a Wave
– Global central banks partner up to explore digital currencies
– Canapi Ventures Launches Inaugural $545 Million Fintech Venture Fund
– New York City Stores Must Accept Cash, Council Says

Each week TAG FinTech Steering Committee member Ali Raza compiles a list of newsworthy events impacting the payments ecosystem. He has graciously agreed to allow us to report his thoughts going forward. This week’s headlines include:
– Atlanta-based Trust Stamp Earns Strategic Investment from Mastercard
– UPS And Square Collaborate To Offer Integrated SMB Shipping Solution
– Goldman Sachs Touts Digital Banking Plans at Investor Day
– Subway Inks Payments Deal With Adyen for North America

Each week TAG FinTech Steering Committee member Ali Raza compiles a list of newsworthy events impacting the payments ecosystem. He has graciously agreed to allow us to report his thoughts going forward. This week’s headlines include:
– Intercontinental Exchange Announces Agreement to Acquire Atlanta Loyalty Program Provider Bridge2 Solutions, Combine with Bakkt
– Payments giant Worldline to buy Ingenico (whose US headquarters are in Metro Atlanta) in $8.6 billion deal as fintech competition heats up
– Visa Plans the Biggest Changes to Its Merchant Fees in a Decade

Each week TAG FinTech Steering Committee member Ali Raza compiles a list of newsworthy events impacting the payments ecosystem. He has graciously agreed to allow us to report his thoughts going forward. This week’s headlines include:
– InComm Launches Go Studio™, an Emerging Technologies Incubator
– Varo Moves Closer to Becoming a Bank
– Fintech startup Ramp aims to disrupt the corporate credit market
– Payments Tech Provider Toast Raises $400 Million at $4.9 Billion Valuation

Each week TAG FinTech Steering Committee member Ali Raza compiles a list of newsworthy events impacting the payments ecosystem. He has graciously agreed to allow us to report his thoughts going forward. This week’s headlines include:
– Atlanta-Based OneTrust Raises $210 Million, More Than Doubles Valuation To $2.7B
– LendingClub to acquire Radius Bank, the first example of a FinTech buying a bank
– CB Insights declares 2019 the year of the fintech inflection

Each week TAG FinTech Steering Committee member Ali Raza compiles a list of newsworthy events impacting the payments ecosystem. He has graciously agreed to allow us to report his thoughts going forward. This week’s headlines include:
– Platform Banking Provider Agora Services is Securing $2 Million in Funding and Opens Headquarters in Atlanta
– Venmo prototypes a debit card for teenagers
– Intuit to Acquire Credit Karma
– Fast-growing digital bank Revolut triples valuation to $5.5 billion

Each week TAG FinTech Steering Committee member Ali Raza compiles a list of newsworthy events impacting the payments ecosystem. He has graciously agreed to allow us to report his thoughts going forward. This week’s headlines include:
– Kabbage Launches Kabbage Insights™, A Small Businesses Cash Flow Management Tool
– Facebook Weighs Libra Revamp to Address Regulatory Concerns
– Robinhood Trading Site Seizes Up, Customers Miss Stock Rally
– Ant Financial buys a stake in Swedish fintech leader Klarna

Each week TAG FinTech Steering Committee member Ali Raza compiles a list of newsworthy events impacting the payments ecosystem. He has graciously agreed to allow us to report his thoughts going forward. This week’s headlines include:
– BBVA’s Open Innovation unit alters its approach to fintech partnerships
– Sequoia Capital stumbles with its Finix investment, backs out over Stripe conflicts
– Credit Sesame launches a digital banking service focused on improving credit scores

Each week TAG FinTech Steering Committee member Ali Raza compiles a list of newsworthy events impacting the payments ecosystem. He has graciously agreed to allow us to report his thoughts going forward. This week’s headlines include:
– ICE’s Bakkt raises $300 million for consumer market push
– Kabbage launches platform enabling consumers to buy gift certificates supporting small businesses during the COVID crisis
– Fiserv acquires Bypass Mobile to enhance its omni-commerce offering
– Square receives conditional Industrial Loan Company (ILC) charter approval, looks to offer small-business loans to Square merchants by 2021

Each week TAG FinTech Steering Committee member Ali Raza compiles a list of newsworthy events impacting the payments ecosystem. He has graciously agreed to allow us to report his thoughts going forward. This week’s headlines include:
– Revolut launches its neobank in the US
– Startup Funding Dwindles Due to Coronavirus Slowdown
– Regulators Issue Inter-agency Statement on Loan Modifications, Banks Urged to Issue More Small-Dollar Loans in Response to Outbreak
– Cash usage in Britain drops by half