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PayPal, Google Give OCC’s Bank Charter The Cold Shoulder

PYMNTS

The dispute over the Office of the Comptroller of the Currency ‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly caused technology conglomerates to shy away from a tool that aims to provide nonbank firms with a more streamlined way to operate on a national level.

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‘Google Checking,’ T-Mobile Data Breach Top This Week’s News

PYMNTS

We have a deep dive on accounts payable (AP) automation, analysis on “Google Checking” and news on the T-Mobile data breach. Does ‘Google Checking’ Foreshadow Big Tech, FinTech Payments Changes? The deal values Paytm’s parent company, One97 Communications , at $16 billion. Rowe Price and Discovery Capital.

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NCR: Bank Disruption On The Horizon; Banking M&A Deals To Follow

PYMNTS

operations to PNC Bank , creating the fifth-largest regional player in the U.S. Firms with strong balance sheets, he said, have been in a position of strength to capitalize on select opportunities. Through the summer of this year, deal making was down 70 percent from a year earlier to 40 transactions.

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Banks Push Back On Possible Banking Charters For Big Techs Like Amazon And Facebook

PYMNTS

House committee this week began reviewing the idea of allowing the likes of Amazon or Facebook to receive charters to operate as banks — an idea that’s already gotten plenty of pushback from traditional financial institutions (FIs).

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10 Top Banking Podcasts You Should be Listening to

Abrigo

million podcasts in the world, you might find it daunting to weed through the lists on Apple Podcasts, Spotify, Google, or other platforms to find the best banking podcasts. Other podcasts might be internationally based and of little interest to community financial institutions or credit unions based in the U.S. Indeed, with 2.8

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Lemonade Raises $300M In Venture Funding To Expand

PYMNTS

Other investors that participated in the round include Allianz, General Catalyst, GV (formerly known as Google Ventures), OurCrowd, and Thrive Capital. The startup plans to use the proceeds from the capital raise to pick up the pace of expansion in the U.S. and Europe this year, and to evaluate possible new product lines.

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Google, Amazon, Facebook, And Apple Are Giving The Beauty Industry A Makeover

CB Insights

While beauty conglomerates like L’Oréal are making acquisitions to become more tech-enabled, tech giants like Google, Amazon, Facebook, and Apple (GAFA) are pursuing the high margins in beauty through partnerships, consumer insights, e-commerce, and more. Beauty brands partner with Google Assistant and Home. Source: Think with Google.

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