⚔️ Banking's Battle for Interchange Revenue
As neobanks & financial institutions launch new debit/credit card offers, consumers & businesses have more choices for daily spend. The interchange revenue from card spend helps banks expand growth.
Welcome back to 📰 FinTechtrisWeekly - Issue #29
Two resounding themes from this week’s headlines & industry announcements: banking AND cards. More innovative companies are streamlining the ability to issue a deposit account OR card program (debit, credit). Top challenger banks are piling on new funding (e.g. Revolut), and support for open banking con…
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