Visa/Plaid: check mark

Financial Times | Jan 14, 2020 at 5:33 AM

…US banks have given the nod to Visa’s $5.3bn bet on open banking through Plaid, the San Francisco fintech that connects bank accounts to apps. At first glance this looks foolhardy. Plaid is a data…

US economy: the Fed’s reality check

Financial Times | Jan 14, 2020 at 5:00 AM

…little bit crazy.” He explained to his guests — representatives of non-profits, community groups and small businesses — that if inflation falls too far, the Fed loses its power to encourage banks to lend…