Visa pilots crypto APIs, BillMeLater co-founders launch SPAC for FinTech deals, Amazon crushes Q4 earnings

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February 3, 2021

Breaking News: Visa Cryptocurrencies

Visa: Crypto API Program Makes Crypto An Economic Empowerment Tool

First Boulevard, a neobank focused on the black community, will be among the first firms to pilot Visa Crypto APIs – allowing consumers to purchase, have custody and trade digital assets. Cuy Sheffield, head of crypto at Visa and Donald Hawkins, CEO and founder at First Boulevard explain how this new program helps acquire, retain and build wealth for First Boulevard customers by making crypto an economic empowerment tool.

 

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How We Live

Porch Leverages IPO To Bring Digital Technology To Homebuying

Moving is right behind death and divorce on the list of stressful life events. Porch Chairman and CEO Matt Ehrlichman told PYMNTS that his company is using its IPO-fueled funding to bring SaaS-based technology to make the experience better for both the business and consumer side of the experience.

 

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PYMNTSTV AP/AR Collaboration

Bottom Line Improvements Will Drive AP/AR Payments Collaboration

The consumerization and digitization of B2B payments is underway. Gloria Colgan, senior vice president and global head of Visa Business Solutions Card Products and Platforms and Chavi Jafa, vice president and head of Visa Business Solutions Asia Pacific tell Karen Webster that tech-underpinned modernization means some sacred cows must go – including paper checks.

 

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Building Digital Trust

Security IQ: Banks Can Build Trust By Understanding Consumer Knowledge Gaps

When it comes to knowledge of payment security features, it’s different strokes for different folks. According to Rachel Scheuerman, director of product solutions for Ondot Systems, digital security tools, when properly understood, don’t just make a consumer feel safer – they elevate the entire digital journey.

 

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PYMNTSTV: B2B Payments

Digitizing B2B Payments Leads To New Revenues

The stakes are high for digitizing B2B payments. Dylan Jones, vice president of operations, payment solutions at WEX, told PYMNTS that reducing inefficiencies is predicated on software enhancements and improved data flows.

 

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FinTech SPAC

BillMeLater Co-Founders Launch Deep Lake Capital SPAC For FinTech Deals

With the street cred burnished as pioneers of the Buy Now, Pay Later space, and executive stints at Adobe, PayPal and eBay, Mark Lavelle and Gary Marino have co-founded Deep Lake Capital, a special purpose acquisition company (SPAC) targeting FinTechs in the $75M to $150M range. As payments goes horizontal, they told Karen Webster, the time is right to bring the next crop of payments and commerce innovators to the public markets – the SPAC way.

 

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