Cross River Intelligence Archives

Happy Sunday, Consumers lean on their credit cards. The CFPB targets “junk fees”. DailyPay raises $175Mn. ModernFi raises $18.7Mn. Sunbit secures new debt facility. Klarna targets IPO, rolls out subscription service. TransUnion credit data. Earnings season continues. New here? Subscribe here to get our newsletter each Sunday. For even more updates, follow us on LinkedIn (PeerIQ ...

Happy Sunday, The Fed’s Beige Book showed relatively benign economic conditions, all things considered. The CFPB dropped a new proposed rule on overdrafts. Kashable raised a $25.6Mn Series B round. Pier raised a $2.4Mn seed round. Circle filed confidentially to IPO. Fiserv is seeking a limited purpose bank charter. Visa completed its acquisition of Pismo. Earnings season. New here? Su ...

Happy Sunday, Price hikes continue to slow. The Fed could start cutting rates by March. Bitcoin ETF gets SEC nod (really). New York Gov. proposes BNPL law. FloatMe in trouble with the FTC. Montana AG says EWA isn’t a loan. Revolut faces potential class action. Arc launches venture debt marketplace. Credit unions weight RTP vs. FedNow. X plans P2P payments. New here? Subscribe here to ...

Happy New Year, Welcome to 2024 – hopefully you enjoyed some time off over the holidays (we did!) and are ready for the new year. FOMC meeting minutes suggest rate hikes are done. Job listings continue to normalize. Bank trade groups push CFPB to take stronger stance on user data in open banking rule. Former Anthemis investors launch new fintech VC. HSBC’s Zing looks to compete ...