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Fintech

Fintech
·Nov. 10, 2021

Finicity, LoanPro partner to battle lending fraud with open banking

Software-as-a-service (SaaS) startup LoanPro announced Tuesday a partnership with Mastercard's open banking solution provider, Fincity.
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Fintech
·Nov. 10, 2021

Ripple to launch crypto service for financial companies amid legal battle with the SEC

Fintech start-up Ripple on Tuesday said it’s launching a new product that lets financial services firms offer their customers the ability to buy and sell cryptocurrencies.
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Fintech
·Nov. 10, 2021

Tim Cook says he owns cryptocurrency and he’s been ‘interested in it for a while’

Apple CEO Tim Cook said he personally owns cryptocurrency after he was asked at The New York Times DealBook conference if he owns bitcoin or ethereum.
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Fintech
·Nov. 10, 2021

Digital ID firm Socure hits $4.5bn valuation

Machine learning-based digital identity verification firm Socure has closed an oversubscribed $450 million funding round at a $4.5 billion valuation.
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Fintech
·Nov. 10, 2021

It’s beginning to look like a good Christmas for credit card lenders

The U.S. credit card industry finally appears to be turning a corner, with balances again rising after borrowers spent the pandemic’s earlier stages paying down their debt.
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Fintech
·Nov. 10, 2021

It’s beginning to look like a good Christmas for credit card lenders

U.S. consumers’ card debt, which fell sharply last year, has now climbed for two consecutive quarters. The upcoming holiday shopping season will signal how quickly borrowing will return to 2019 levels.
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Fintech
·Nov. 10, 2021

Glen outlines pathway to live Britcoin launch

UK Treasury minister John Glen has outlined a pathway to the creation of a UK central bank digital currency, with the option of a live launch in the "second half of the decade".
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Fintech
·Nov. 10, 2021

The future of banking (research)

Jim Marous at The Financial Brand just published a survey of what his readers think the future of banking holds. Before you read the results, here are mine: Retail banking focuses upon integrating everything digital Commercial banking focuses upon digital currencies for global trade Investment banking focuses upon the tokenization of …
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Fintech
·Nov. 10, 2021

Russian neobank Tinkoff appoints ex-Morgan Stanley exec as co-CEO

Cypriot digital bank Tinkoff has appointed Oliver Hughes and Pavel Fedorov as co-CEOs as the financial services firm continues to grow its Russian business.
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Fintech
·Nov. 10, 2021

London-based fintech startup, Zilch, becomes fastest European double unicorn following funding boost of €95 million

London-based fintech company, Zilch, has today announced they have secured €95 million Series C funding round reaching a value of €1.7 billion. The
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