FU | February 11-17, 2017

Several fintech firms created the Online Lending Policy Institute research group; major U.S. banks are working on digital, phone-based ATM cards; a dozen global banks began using SWIFT’s new cross-border payments service; the U.K.’s FCA granted an electronic money institution designation to a blockchain firm, paving the way for blockchain-based money; PayPal acquired retail store-based bill-pay facilitator TIO Networks; and SVB became the latest bank to agree to an API-based data-sharing partnership.