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Digital identity data provider Ekata is launching a merchant onboarding process to help payment service providers, B2B lenders and marketplaces quickly add micro merchants and sole proprietors as customers.

In his annual letter shareholders, JPMorgan Chase CEO Jamie Dimon said banks are facing "enormous competitive threats — from virtually every angle."

The data aggregator, whose planned merger with Visa was called off in January, intends to use the funds to accelerate its global expansion.

The Crypto Council for Innovation wants a voice in how bitcoin is regulated; the #GetBanked public awareness campaign aims to help people without accounts get stimulus checks faster.

The fintech is one of several that have drawn capital to eliminate the challenges of international commerce.

Companies that can pay people quickly and flexibly will have an advantage, says Payslip's Fidelma McGuirk.

Policymakers have scrutinized social disparities in the financial system and banks' climate-change risks. That has led to a new line of attack from Republicans who say agencies such as the Federal Reserve should stay in their lane.

The Boston company has acquired three insurance agencies since becoming fully stock-owned in October 2020.

The scheduled meeting with members of the House Financial Services comes at a time when large banks are warning of significant losses tied to the derivatives blowup at the hedge fund Archegos Capital.

The 9-0 ruling markedly diminishes the threat of lawsuits involving automated calls and text messages to consumers.