We have two more weeks until the holiday season slowdown, but the fintech news pulse is already beginning to slacken. So far this week, we’re seeing a lot of news in the fraud and compliance spaces, as well as the payments subsector, with Visa and Mastercard reaching a revised $38 billion settlement with merchants. Here is some of the biggest news from this week so far. We’ll continue adding news to this post throughout the week, so stay tuned!
Fraud and security
Agent IQ enhances fraud prevention capabilities with integrated risk-based authentication platform from IDScan.net.
Compliance
Solutions By Text launches its first customer with Rich Communication Services (RCS) messaging.
Payments
PayPal brings no-fee Buy Now Pay Later offering to Canada.
Block enables Bitcoin payments for millions of Square sellers.
Visa, Mastercard reach new swipe fee settlement with merchants.
Back Office
Digits automates the monthly close with AI bank reconciliations.
DeFi
Coinbase launches new platform for early access to digital tokens.