John Adams

The founders of Vesey Ventures are most interested in startups that want to play nice with the giants of the banking and payment industries.

After years of attempting to pivot away from its historic reliance on ATMs and point-of-sale hardware in favor of software, one of the industry's mainstays is running out of options.

Because the youth account must be tied to a parent or guardian, it guarantees that an adult must also sign up — or keep active an account they may have left unused.

This week in global news: Canada cuts Visa and Mastercard fees; PhonePe draws new funding, and more.

To demonstrate the value of a central bank digital currency to small businesses, the U.S. card network is using Brazil's Real Digital to cut costs for local growers.

A processing rail that's always turned on can potentially help a credit union that's multiple time zones away from partners, or a community bank looking to automate payroll.

The government's routine disbursement of funds to millions of workers, contractors, and retirees could become uncertain if it's forced to default.

Ripple buying a Swiss crypto-custody firm, Binance leaving Canada, and more.

The bank is working with The Clearing House and real estate tech company EMTransfer and is hoping to cut paper and time from the process of selling property.

As fintechs struggle, the bank is introducing a line of credit and plans new installment lending products shortly after launching its buy now/pay later product on Amazon Pay.