“Apple ‘to launch peer-to-peer payment app,” BBC
A new payment application from Apple would allow users to transfer money directly as a complement to the existing Apple Pay, and in direct competition with PayPal.
“investUP Authorised as “Crowdfunding Brokerage,” AltFi
investUP has now received full FCA authorization. Among other changes, the move means investUP can now continue to work with customers beyond the point of transaction.
“Bessemer Backs Consumer Lending Startup Bread,” Wall Street Journal
New York-based Bread powers a pay-over-time option for online merchants with seamless integration into the merchant’s website. The company recently received $14.3 million in backing from Bessemer Venture Partners.
MIT will offer the U.S.’s first graduate level program on financial technologies.
““MIT has always been at the forefront in financial innovation and as financial technology is becoming more important in the financial world, we thought it was imperative to have a class covering this new trend,” observed Antoinette Schoar, Michael M. Koerner, Professor of Entrepreneurial Finance.
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