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Understanding the FinTech Effect

Let's Talk Payments

Investments in financial technology have grown exponentially in the past decade – rising from $1.8 billion in 2010 to $19 billion in 2015. The global investments in financial technology ventures.

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Credit Card Interest Rates Rise To Near-Record Levels

PYMNTS

More than 100 million new credit card accounts have been added since 2010, which means the total amount of customers was at 486.5 trillion since 2010. House Committee on Financial Services Task Force on Financial Technology held a hearing on Sept. million in Q2. trillion, which is an increase of $1.1

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Investing In The Future As It Unfolds

PYMNTS

Here is a quick survey of the world of payments, commerce, financial services and financial technology at the mid-point of 2018. 100 billion : The amount invested in FinTech ventures since 2010. 54 percent : The share of FinTech investments that were based in the United States since 2010.

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Consumer Financial Protection Bureau Seeks Advice On Financial Data Access

PYMNTS

The announcement by the Consumer Financial Protection Bureau ( CFPB ) comes on the heels of a symposium it held in February which included experts from consumer groups, financial technology (FinTech) companies, trade groups, banks and data aggregators. Congress created the legislation in 2010 that created the CFPB.

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Marqeta Expanding Overseas, Sets Up Shop In The UK

PYMNTS

financial technology startup backed by Goldman Sachs , is expanding overseas. Marqeta was founded in 2010 and has raised $116 million in venture funding, with the most recent round led by ICONIQ Capital and including Goldman Sachs as an investor. Marqeta , a U.S. In addition to Goldman Sachs, Marqeta is backed by Visa.

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MyPayrollHR Founder Faces $70M Fraud Charge

PYMNTS

20), Mann began borrowing “large sums of money” starting around 2010. The NYC-based financial technology company DailyPay has created a $25,000 fund to pay for overdraft and/or late fees for MyPayrollHR employees, up to $100 per employee. The company handled payroll for roughly 1,000 businesses across the United States.

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Money-Inspired Music And Why Hip Hop Tops The Charts

PYMNTS

Cash App, a smartphone-based money transfer service operated by financial technology company Square Inc., By 2010, the stakes had changed exponentially, as demonstrated by the Travis McCoy track (featuring Bruno Mars) called “ Billionaire.” These days, it’s becoming more about the digital payments instead of paper currency.