Page 47 - Durbin Amendment News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The lack of federal legalization creates processing challenges, but there are emerging solutions, says Fincann's Nathaniel Gurien.

‘Cardlytics (CDLX) is a Scalable Business Model with High Incremental Margins’ According to Spree Capital Spree Capital Advisers, a long biased investment firm, published its fourth-quarter 2020 Investor Letter – a copy of which can be downloaded here. A return of 38.38% was recorded by the fund for the calendar year of 2020, above its S&P 500 benchmark that returned 18.40%. You can view the fund’s top 10 holdings to have a peek at their top bets for 2021. Spree Capital Advisers, in their Q4 2020 Investor Letter said that they were able to see a positive outlook for Cardlytics, Inc. (...

The company, poised to complete its purchase of Radius Bank, will enjoy new cross-selling opportunities, gain additional sources of fee income and capital as well as benefit from greater regulatory clarity, CEO Scott Sanborn says.

JPMorgan Chase CEO Jamie Dimon fired a warning shot Friday at financial technology upstarts such as Chime and Plaid.

Dimon also called out data aggregator Plaid and regulations like the Durbin Amendment for creating 'unfair competition.'