John Adams is executive editor of payments for American Banker.
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Rapyd's new venture capital arm seeks companies that can develop or benefit from an international identity verification system.
June 17 -
Six Clovers, a digital payments company founded by two former PayPal developers, designed its Rapid platform to enable fast cross-border transactions using cryptocurrencies backed by government-issued money.
June 15 -
More than 97% of venture backing goes go white-owned startups. Firms like Mendoza Ventures, Chingona Ventures and MaC Venture Capital are stepping in to support underserved entrepreneurs.
June 14 -
The bank is shortening the time for deposit availability in the hope of serving use cases like gig economy workers and disaster relief.
June 10 -
The company's payment processing platform supports the likes of Uber and Square in their ambitions to create all-in-one offerings that bundle financial and other services.
June 9 -
The card brand has added a dedicated lane to its startup program to address the venture funding gap for race and gender. Overall, less than 3% of VC funding goes to startups with Black or Latinx founders.
June 9 -
The e-commerce giant is looking for someone whose skills pertain to distributed ledgers and digital currency.
June 8 -
The move furthers the retail giant's strategy to become a one-stop shop for payments and financial services.
June 8 -
The bank and card brand will combine digital connections for supply chain finance and corporate disbursements.
June 7 -
The U.K.'s central bank says stablecoins should follow the same rules as traditional bank deposits.
June 7
