Show notes
This week's list of top stories include:
Apple Working to Bring More Financial Services In-House
- New effort is dubbed “Breakout”
- Payment processing, credit risk assessment, fraud analysis, credit checks
- Focused on future products
- Could impact GS, Green Dot and CoreCard
- Apple is working on BNPL, merchant processing,
Visa launches NFT program as it considers the digital art a new form of e-commerce
- Effort to bring SMB into the digital economy
- One year immersion: Visa Creator Program
- Artists, musicians, fashion designers and filmmakers
- Help them build their business with NFTs
Blockchain.com Raises New Funding at $14 Billion Valuation
- More than doubling their valuation
- Led by Lightspeed Venture Partners
- Last round was in March 2021, $300m at a $5.2b valuation
Cross River raises $620M Series D
- Values the company at > $3b
- Co-led by a16z and Eldridge Capital
- Banking partner of choice for many of the biggest names in fintech
CFPB’s Chopra promises crackdown on repeat offenders
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Until next time.



