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Tag: FInicity

Visa $5.3 billion Plaid deal triggers DOJ antitrust worries

Visa Inc.’s $5.3 billion acquisition of Plaid Inc. has raised competition concerns at the U.S. Justice Department, which is nearing a decision about...

Finicity Launches Open-Banking- Friendly Underwriting Tools

Finicity is unveiling a new tool set this week. The new solution, Finicity Lend, promises to accelerate lenders’ decisioning processes by tapping...

Podcast 258: Rich Cordray, Former Head of the CFPB

The last financial crisis ushered in the Dodd-Frank Act and with that the Consumer Financial Protection Bureau (CFPB). The CFPB had a mandate...

Mastercard to Acquire Finicity to Advance Open Banking Strategy

Finicity | Release | Jun 23, 2020 Strengthens existing open banking capabilities with Finicity’s proven technology and talent Enhances collaboration and co-creation efforts with fintechs...

Top 10 Fintech News Stories for the Week Ending June 27, 2020

Here are what I consider to be the top 10 most important fintech news stories of the past week (in no particular order). Wirecard:...

Mastercard to Acquire Finicity in $825 Million Deal

For a year that began with Visa’s headline-making acquisition of Plaid, it seems almost poetic that near 2020’s midway mark, Mastercard would...

Mastercard set to acquire Finicity for $825m

Mastercard has agreed to buy Finicity, a financial data aggregation start-up, for $825 million. Finicity has a focus on credit decisioning solutions If performance targets...

Mastercard takes step away from cards with $825 million deal

Mastercard Inc. made another push away from traditional card payments with an $825 million deal to acquire technology firm Finicity. The purchase gives Mastercard...

Mastercard Acquires Finicity, an Open Banking and Data Fintech

Mastercard (NYSE: MA) announced on Tuesday it has entered into an agreement to acquire Finicity, a real-time financial data and insights access provider...

Bankers and aggregators disagree on data-sharing approaches

The parameters around how consumer financial information should be shared with third-party apps and platforms was the subject of debate at an industry...

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