Tag: payment processing
Embedded finance won’t make every firm into a fintech company
Eyal Lifshitz Contributor More posts by this contributor Banks and fintech in 2025: An unlikely alliance A short decade after software started eating the world, along came headlines about every company becoming a fintech thanks to innovation and growth in embedded finance business models. This narrative oversimplifies the evolution that’s…
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If we let the US Postal Service die, we’ll be killing small businesses with it
Laura Behrens Wu Contributor Laura Behrens Wu is the co-founder and CEO of Shippo, which is building a shipping platform for 21st century e-commerce. Since moving to the United States, I’ve come to appreciate and admire the United States Postal Service as a symbol of American ingenuity and resilience. Like…
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Fintech’s uneven new reality has helped some startups, harmed others
Fintech startups were hot news before the COVID-19 era, but the pandemic hasn’t bumped the sector out of the headlines. Companies that were pitching optimistic news a few weeks ago are now cutting staff. Others are facing a surge of users trying to find their financial footing in the face…
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A Christian-friendly payments processor spilled 6 million transaction records online
A little-known payments processor, which bills itself as a Christian-friendly company that does “not process credit card transactions for morally objectionable businesses,” left a database containing years’ worth of customer payment transactions online. The database contained 6.7 million records since 2013, and was updating by the day. But the database…
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