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16 votes
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Thousands of Americans see their savings vanish in Synapse fintech crisis
51 votes -
Waymo outsources fleet operations to African fintech Moove in Phoenix and, soon, Miami
14 votes -
Stripe has now blocked the Company Registry fraud – but why did it facilitate it?
12 votes -
Synapse collapse reveals lack of FDIC protection for US fintech depositors
15 votes -
Wirecard and me: Dan McCrum on exposing a criminal enterprise
17 votes -
Synapse, backed by a16z, has collapsed
17 votes -
Judge says up to twenty million fintech "depositors" are at risk from Synapse bankruptcy
9 votes -
Payments app Zelle begins refunds for imposter scams after Washington pressure
13 votes -
Klarna reports first quarterly profit in four years – swing to profit of £9.6m by Swedish firm improves its fortunes in run-up to possible £12bn flotation
9 votes -
Swedish fintech giant Klarna has reached an agreement with workers that were set to strike next week
12 votes -
The great Zelle pool scam - All I wanted was a status symbol. What I got was a $31,000 lesson in the downside of payment apps.
43 votes -
Buy now, pay later firm Klarna reports first month of profit in three years, as calls grow for sector to be regulated
6 votes -
The secret to becoming the world’s biggest digital bank: A user-friendly app
9 votes -
Twitter’s future is a return to Elon Musk’s past
43 votes -
US Federal Reserve announces that its new system for instant payments, the FedNow Service, is now live
46 votes -
Americans turning to installment apps Klarna, Affirm to buy groceries
50 votes -
Tiny, cheap smart speakers unlocked the rise of digital payments in India
12 votes -
Social media as a bank run catalyst
8 votes -
Klarna has revealed that losses more than tripled in the first half of the year – firm has been hit by a slowdown in consumer spending
8 votes -
Klarna has seen its value slashed by 85% to less than $7bn in its latest round of fundraising
6 votes -
"Letter in Support of Responsible Fintech Policy" - Twenty-six well-known computer scientists send letter to Congress urging them to resist crypto lobbying
11 votes -
Banking regulations and collateral damage: Tweetstorm by patio11
@Patrick McKenzie: Unfortunately the way this is usually implemented is "X stamps and we fire you as a customer."In much of the world, banks are not obligated to continue doing business with people who cause them lots of headaches or cost, and the headaches/cost are not evenly distributed. https://t.co/tufbFyRitG
6 votes -
Xsolla fires 150 employees based on big data analysis of their activity
14 votes -
Venmo gets more private—but it’s still not fully safe
5 votes -
Visa wants to buy Plaid, and with it, transaction data for millions of people
12 votes -
What working at Stripe has been like
4 votes -
Intimidation, surveillance and conspiracy theories: Inside the Financial Times' five-year investigation of the billion-dollar Wirecard fraud
5 votes -
German payment service provider Wirecard says that 1.9 billion euros it had booked in its accounts likely never existed
8 votes -
Stripe raises $600M at $36B valuation in Series G extension
5 votes -
Ant Financial, the payment affiliate of Chinese e-commerce giant Alibaba, has invested in Swedish financial technology start-up Klarna
4 votes -
Varo Money receives FDIC approval, enabling it to become America's first standalone national digital bank
5 votes -
Plaid is being acquired by Visa
5 votes -
Society, not just Goldman Sachs, has an anti-women bias
Today in twitter drama, people are up in arms about the Apple Card offering a tech entrepreneur's wife significantly less credit than her husband. Recently, other tech entrepreneurs like the Woz...
Today in twitter drama, people are up in arms about the Apple Card offering a tech entrepreneur's wife significantly less credit than her husband. Recently, other tech entrepreneurs like the Woz have noticed similar limit discrepancies. However, I think this is all missing the forest for the trees. It is likely that GS is in fact offering less credit to women. However, in both cases, higher credit was offered to male tech entrepreneurs (while their spouses got much less credit). And, given that Only 1/5th of VC money goes to startups with even a single women on the founding board, I don't think it's super far fetched that the statistics will show women, on average, are given notably less credit than men, especially when those men are tech entrepreneurs.
Ultimately, I have no idea why twitter is so surprised by this. People seem to think this is a unique case of bank discrimination, yet it's really just a reflection of a society which pays women less than men, and values their work as less than men. And I worry we might "fix" the algorithm, but never correct the larger societal issues surrounding this problem.
Sidenote: Currently, most cards circumvent this issue by linking spouses accounts, so they are one and the same. The Apple card, for privacy(?) reasons, does not allow this.
6 votes -
As Denmark turns away from cash – MobilePay app is more popular than Facebook
3 votes -
Swedish cashless app Swish is teaming up with six other companies to form a European network of mobile payment solutions
5 votes -
The privacy problems with electronic payment systems, including credit cards
10 votes -
Sweden's Klarna becomes biggest fintech firm in Europe – operator valued at $5.5bn after fresh round of investor funding
6 votes -
Small change, big effects: An overview of payment systems
4 votes -
Big Tech wanted to dethrone credit cards. Why it failed, and who wins now
8 votes -
How Apple Card works
5 votes -
Apple Card just defined right and wrong in FinTech
10 votes -
The Apple Card is a perfect example of Apple’s post-iPhone strategy
12 votes -
Liberapay status update: Still alive, moving to Stripe and PayPal
9 votes -
Liberapay is in trouble
5 votes -
Liberapay is in danger of closing
6 votes -
Why China’s payment apps give US bankers nightmares
10 votes -
PayPal just made its biggest acquisition ever as it snaps up a Swedish credit card processing company for $2.2 billion
7 votes