| Chime hits $5.6B valuation, EU Finance Ministers say Libraâs too risky, Yodlee CEO on next gen data aggregation | | | Next-Gen Payments Report⢠|
| Trucking Payments Tools That Are In It For The Long Haul Americaâs 3.5 million truckers face serious delays when they canât easily pay for fuel and cargo unloading services. Carrying cash isnât always safe, and payments acceptance can vary widely state-to-state. In the new Next-Gen Payments Report, Women In Trucking Association CEO Ellen Voie explains how EMV cards, expense tracking and budgeting tools keep drivers from veering off course. |
| Trade Credit: When âStatus Quoâ Means Itâs Time For A Change Suppliers extending trade credit to buyers is a longstanding tradition in B2B supply chains, but with an estimated $3.1 trillion locked up in small U.S. suppliers' accounts receivables, cash flow pressure can quickly stifle growth. Fundbox Founder and CEO Eyal Shinar sat down with Karen Webster to discuss why this trade credit status quo is a trigger point for innovation, and for a slow-but-steady evolution in business payment habits. |
| Envestnet | Yodlee CEO: Helping FIs Prep For âNext-Genâ Data Aggregation Open banking changes the game for financial institutions (FIs) and FinTechs, who must collaborate on data sharing â and FIs are warming up to the idea of linking with data aggregators. Prior to Thursdayâs announcement of its new data sharing agreement with JPMorgan Chase, Envestnet | Yodlee CEO Stuart DePina talked with Karen Webster about how ânext genâ aggregation paves the way for an oligopoly of aggregators â and banking Super Apps. |
| From Russia, with Malware: US Charges Hacking Group Evil Corp. In $100M Bank Fraud Indictments against two Russian citizens — and sanctions on many others — show how phishing and malware campaigns led to millions of dollars stolen from banks and companies. In a behind the scenes look at what goes on when fraud goes global, the U.S. Department of Justice and the Treasury Department laid out what the group has been up to over about a decade, and how the hackers stole online banking credentials to live up to its name: Evil Corp. |
| | Buy Now, Pay Later (BNPL) Tracker™ | | Why Installment Payments Are Fashionable This Holiday Season U.S. consumers are expected to spend roughly $149 billion online this holiday season â but many are still paying off credit card bills from last yearâs splurge. Getting consumers to spend, without making them feel overextended, may require new methods. In the inaugural Buy Now, Pay Later (BNPL) Tracker, Nick Kaplan, president of fashion brand Fashion To Figure, explains how BNPL solutions are becoming key to giving consumers financial flexibility and merchants more sales. |
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