Cross River Intelligence Archives

February 2024

Could Rates Go Higher? Capital One to Acquire Discover; Monzo Targets £4Bn Valuation

By Cole Gottlieb

February 25, 2024

Happy Sunday, Americans spend most on food in 30 years. Could the Fed hike rates further? Big banks charge higher rates on credit cards. Senators push for Zelle scam refund policy. Monzo aims for £4Bn valuation. Capital One to acquire Discover. How households use BNPL. Hummingbird launches compliance automation tool. Block and Pagaya earnings. New here? Subscribe here to get our newsl ...


CPI Higher Than Expected; Visa & ServiceNow Team Up; Klarna One-Click Checkout

By Cole Gottlieb

February 18, 2024

Happy Sunday, Higher than expected inflation. Visa and ServiceNow team up to simplify dispute management. Revolut offers eSIMs now. FIS and Banked partner on account-to-account payments. Credit union services orgs offer BNPL-like capability. Klarna offers one-click checkout-style merchant solution. TransUnion credit data. Upstart, Robinhood, Coinbase report earnings. New here? Subscribe her ...


Rain’s $300Mn Debt Deal; LendingClub Exits OCC Agreement; EY & MoneyLion Partner

By Cole Gottlieb

February 11, 2024

Happy Sunday, Fed comments on rate policy. EWA provider Rain’s debt deal. Citi picks ChargeAfter for POS lending. Affirm and Afterpay tweak loyalty programs. LendingClub exits its OCC operating agreement. EY and MoneyLion partner. Aeroplan partners with Cross River. Pay by bank’s potential and challenges. Affirm and OneMain report earnings. New here? Subscribe here to get our ne ...


Consumer Confidence Up; Upgrade & FairPlay Partner; Apple Hits 12Mn Card Users

By Cole Gottlieb

February 4, 2024

Happy Sunday, The Fed held rates steady, but don’t expect cuts soon. Consumer confidence improved. Job openings rose. Blue Ridge and Choice hit with regulatory enforcement actions. Apple celebrates a 12Mn user milestone. Upgrade and FairPlay partner. Amazon teams up with SellersFi, Kueski. Block and PayPal plan layoffs. Fintechs report earnings. New here? Subscribe here to get our new ...