News Topic: Stripe
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Goldman Sachs and Citi to offer bank accounts through Stripe
The banks will aim to attract new small-business customers by targeting the merchants that use Stripe's payment processing platform. ... Read full article
Visa, Mastercard, Stripe and eBay bail on Facebook's Libra ahead of key meeting
As regulatory pushback against Facebook's Libra cryptocurrency has accelerated, keeping the project together has become a major challenge, with Visa, Mastercard, Visa, eBay and Stripe joining PayPal in leaving the project. ... Read full article
Stripe’s valuation rises to $35B; Bank stocks a buy?
The fintech is now worth $10 billion more than its top rival, Square; cost cuts, asset growth and share buybacks could offset the headwinds from low rates. ... Read full article
Goldman, Stripe execs spar on future of financial services
Both companies want money to be "programmable." But how to go about it is a matter of dispute. ... Read full article
Financial firms reap benefits of hot venture capital market
A $245 million funding round for the payments processor Stripe contributed to heavy venture capital investment in the third quarter. ... Read full article
Where banks stumble in the competition for top tech talent
Financial firms need to focus developer teams on creating products, not fixing legacy IT issues and bad code. ... Read full article
Who needs banks? Stripe wants merchants to be card issuers
Sensing an opportunity in the small business credit card market, Stripe is setting out to outflank big banks by offering APIs to enable its clients to issue their own physical and virtual credit cards. ... Read full article