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Fintech

Fintech
·Mar. 7, 2022

American Express, PayPal join payments industry boycott of Russia

The companies' moves came a day after Visa and Mastercard said they were halting business in Russia because of its attack on Ukraine.
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Fintech
·Mar. 7, 2022

Why SoFi’s Tech + Bank Deals Could Disrupt Traditional Banking

The student loan refi lender is building a new banking model around payments and digital banking platforms, plus a national charter.
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Fintech
·Mar. 7, 2022

Fintech startup Zeta raises $30 million, teams with Mastercard

Zeta Services, a banking and credit card technology unicorn, has raised $30 million from investors including Mastercard, and the two announced a five-year collaboration to help customers launch credit card services.  
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Fintech
·Mar. 7, 2022

Financial sanctions: a reality check

Some friends were applauding Visa and MasterCard’s decision to throw Russia off their payments networks over the weekend. Both companies handle 90% of all debit and credit card payments outside of China – and their announcements will deal another significant blow to the Russian economy. It sounds grand, but the presentation …
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Fintech
·Mar. 7, 2022

Kraken won’t shut down Russian accounts unless legally required: CEO

Kraken CEO Jesse Powell says the exchange is within the legal sanctions requirements but won't go a step further by shutting down all Russian accounts.
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Fintech
·Mar. 7, 2022

Bitcoin Can’t Finance A War: The Crypto Industry And Being On The Right Side Of History

Crypto has become the go to currency for the Ukrainian Government defending itself from Russia. But crypto has a PR problem with Western governments keen to enforce sanctions. Most recognize cryptocurrency will not fund a war, but sanctions are the crypto industry's most critical test to date.
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Fintech
·Mar. 7, 2022

Cathie Wood says she still expects to see ‘spectacular returns’ over the next 5 years

"Given our expectations for growth in these new technologies, I think we're going to see some spectacular returns," the Ark Invest CEO told CNBC's "Capital Connection."
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Fintech
·Mar. 7, 2022

Bitcoin (BTC) Correlation to NASDAQ Increased to 57%, Now a Sustained Reversal of Risk-off Trade Last Week: Report

Bitcoin (BTC) correlation to the NASDAQ has Increased to 57%, now a sustained reversal of risk-off trade last week: Report
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Betterfly co-founders Eduardo, right, and Cristobal della Maggiora | Francisco Mendez/Betterfly
LatAm
·Mar. 4, 2022

Insurtech Betterfly launches ambitious LatAm expansion

The rise of the social and wellbeing benefits platform Betterfly has been meteoric in LatAm.
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Fintech
·Mar. 4, 2022

Brazil’s central bank selects nine CBDC projects to move forward in innovation challenge

Brazil’s central bank revealed nine projects that will advance as it develops a central bank digital currency (CBDC). 
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