Cross River Intelligence Archives

Happy Sunday, The FOMC held rates steady. U.S. retail sales and PPI rise. Americans plan to spend less. CFPB warns on using AI for credit decisions. ZayZoon raises $34.5Mn for EWA. JPMorgan Chase partners with payroll provider Gusto. Plaid and Cross River team up on FedNow. Jack Dorsey takes over at Square. Goldman nears GreenSky sale. New here? Subscribe here to get our newsletter each Sun ...

Happy Sunday, CPI for August came in higher than expected. Officials remain optimistic about a soft landing. Treasury4 announces $20Mn Series A. Firstcard raises $4.7Mn seed. SoFi offers users Instacart IPO access. Brokered deposit use surges. Divvy lays off 94 more. Affirm’s funding costs rise. New here? Subscribe here to get our newsletter each Sunday. For even more updates, follow ...

Happy Sunday, A rate hike later this month is unlikely, but there could be one more by year’s end. Economic data remains strong. ThetaRay raises $57Mn. Momnt announces $15Mn fundraise. Splitit may de-list from Australian Stock Exchange. Upgrade to begin offering auto loans. BNPL survey shows generational differences. New here? Subscribe here to get our newsletter each Sunday. For even ...

Happy Labor Day weekend! The U.S. job market seems to be cooling. Consumer confidence drops. The Fed steps up regional bank oversight. Regulators proposed new rules for mid-sized banks. Farmington puts “charter stripping” in the spotlight. Grayscale gets court win in bitcoin ETF case. A $2.7Bn CFPB settlement (sort of). JPMC begins tap to pay rollout. Goldman nears GreenSky sale. V ...