Page 2 - Eric Grover News Today

The founders of Vesey Ventures are most interested in startups that want to play nice with the giants of the banking and payment industries.

Like Visa CEO Ryan McInerney, Mastercard CEO Michael Miebach spent part of his company's earnings call drawing a competitive distinction between the card network and FedNow.

The U.S. and other Western nations have imposed severe financial penalties against Russia. Will this boil over into other countries?

The blockchain company is working on a model for central bank digital currencies that it hopes will make it easier to transact across borders.

Power Failure: The Rise and Fall of an American Icon By William D. Cohan (Portfolio, 816 pages, $40) In Power Failure: The Rise and Fall of An American Icon, William D. Cohan masterfully chronicles the creation, ascent, and destruction of...

Eric Grover is principal at Intrepid Ventures, a corporate development and strategy consultancy.

As a stand-alone company, Worldpay will have more leeway to pursue mergers and acquisitions, FIS CEO Stephanie Ferris says.

A new paper from the Federal Reserve Bank of Boston finds Blacks and low-income consumers absorb a larger share of bank account and credit card fees than other groups.

As one U.S. CBDC project comes to a close, it's increasingly clear that government-backed currencies can't succeed unless they are interoperable on a global scale.

The bank-led peer-to-peer payment system reportedly wants to standardize how it handles reimbursements for fraud. The move would have to both reassure consumers and keep regulators at bay.