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Summary
location iconPalo Alto, California
website
company sizeCompany size: 51-200

Step is a financial technology services company that provides banking services designed to help promote financial literacy with teens and their families to help improve financial futures. Step allows users to send and receive money instantly on your phone, shop with a personalized spending card, and earn rewards.

Categories
Digital Services
Commercial Banks
Services Payments FinTech
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Step - Recent News & Articles

Fiserv CEO transition took only 10 days, CFO says

Fiserv’s leadership transition was over in less than two weeks last month, with the payment processor now run by two top executives after Chairman and CEO Frank Bisignano deemed his successor ready to...

Source: Payments Dive

ICAI may review financial statements of IndusInd Bank amid accounting discrepancies

”As a proactive measure, ICAI-FRRB may undertake a review of the financial statements of IndusInd Bank,” ICAI President Charanjot Singh Nanda told PTI on Thursday. The private sector lender, on March ...

Source: CNBC-TV18

Fintech Klarna files for IPO at a weak point for public debuts

Klarna Group Plc has filed for a U.S. initial public offering at a weak moment for company debuts, though the fintech player thinks it can offer investors more than just its buy-now-pay-later products...

Source: MarketWatch

Senate votes to scrap CFPB oversight of Big Tech payment apps

The US Senate has voted to overturn a Consumer Financial Protection Bureau rule that would give the watchdog oversight of tech giants, such as Apple, Google and X, that offer digital payment apps and ...

Source: Finextra

Fintech stocks plummet as Wall Street worries about consumer spending, credit

Fintech stocks were some of the biggest decliners on Monday as the Nasdaq suffered its steepest drop since 2022. Crypto-related companies Robinhood, Coinbase and Strategy all notched double-digit decl...

Source: CNBC

Calastone Research Reveals Tokenisation Could Save $135 billion for Asset Management Industry

Calastone, the largest global funds network, has today released groundbreaking research, revealing that tokenisation – the process of transforming asset ownership into digital tokens on a blockchain –...

Source: Fintech Finance News

PSR Finds ‘Lack of Competition’ in Card Market, as High Visa and Mastercard Fees Cost Firms Millions

The Payment System Regulator (PSR) has revealed that increases to payment processing fees implemented by Visa and Mastercard since 2017 cost UK businesses an extra £170million a year.It says that thes...

Source: The Fintech Times

Finance CFPB drops lawsuit against JPMorgan Chase, Bank of America and Wells Fargo over Zelle fraud

The Consumer Financial Protection Bureau on Tuesday dismissed its lawsuit against the operator of the Zelle payments network and the three U.S. banks that dominate transactions on it. The CFPB sued E...

Source: CNBC

Sen. Elizabeth Warren: DOGE’s FDIC firings put banking system at risk

In a statement Thursday, Sen. Elizabeth Warren, D-Mass., said she was “pleased” the Federal Deposit Insurance Corp. would review the decision to lay off more workers. The recent FDIC firings were part...

Source: CNBC

European Central Bank Outlines Two-Track Approach to Enhance DLT Transaction Settlements

The European Central Bank (ECB) is developing a new platform to settle transactions using distributed ledger technology (DLT) in central bank money, aiming to integrate and harmonise the European fina...

Source: The Fintech Times