Top Fintech News Stories for July 8, 2021

Here are the most read news stories from our daily newsletter today:

  • Backlash over Chime account closings highlights risks in fraud detection – Payments Source
  • European challenger bank Bunq raises $228 million at $1.9 billion valuation – TechCrunch
  • PitchIt Podcast #11: Char Saintilus of Stubenefits – LendAcademy
  • Buy now/pay later has many consumers worried – Payments Source
  • Payment Solution Provider Splitit Says BNPL Services Now Available at Retailers Worldwide – CrowdFund Insider
  • BIS Says Volatile Cryptos like Bitcoin Failed as Payment Method, but Stablecoins, CBDCs May be Effective for Transactions – CrowdFund Insider
  • Binance.US hires ex-leader of California’s ‘mini-CFPB’ – Banking Dive
  • China’s central bank is ‘quite worried’ about global risks from some digital currencies – CNBC
  • Goldman Sachs joins $170m funding round for French fintech Younited – Finextra
  • Synctera is creating a marketplace model for its banking as a service platform – Tearsheet
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