Daily FinTech Podcast - March 21st, 2022

Sign up for my Daily Fintech or Daily Digital Banking Newsletters here. Check out my latest podcast episode below:

Welcome to another episode of our Daily Fintech Podcast.

This podcast episode is sponsored by Contis, the European leader in Banking-as-a-Service. Contishelp organisations launch cards, accounts and payment apps for their customers. To find out how you can embed finance into your offering, visit www.contis.com today!

THE NEWS HIGHLIGHT OF THE DAY IS

Robinhood has agreed to a $640,000 settlement with Vermont's financial regulator over a series of outages at the trading app in 2020

JUST IN:

London-based Zilch, the fastest fintech to reach double unicorn status, announces it has surpassed 2 million customers – with record registrations of more than 425,000 new customers in December.

ALSO:

Global retail Banco Santander has been forced to pay customers hundreds of pounds in compensation after making it almost impossible to access online banking without a smartphone.

FURTHERMORE,

Brazilian fintech Nubank said on Monday that new central bank rules for digital banks will bring lower capital requirements than originally expected next year and in 2024, with the announcement lifting its shares.

WHAT ABOUT CRYPTO?

Stripe, a technology company building financial infrastructure for the internet, announced that Blockchain.com has chosen Stripe to facilitate payments, mitigate fraud risk, and improve revenue management.