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Fintech

Fintech
·Nov. 30, 2021

The cost of trading crypto

I tweeted the other day that my bank received a refund from a retailer but, due to the account being in GBP (UK) and the retailer trading in z? (Poland), the refund lost a lot of value. Over £170 to be exact on a purchase that was for over £2,500. …
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Fintech
·Nov. 30, 2021

Why New York Community Bank is minting stablecoins

Its goals are twofold: to be a financial intermediary between buyers and sellers on the Provenance blockchain and to use the technology to bring speed and efficiency to loans and other products.
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Fintech
·Nov. 30, 2021

State of play: central bank digital currencies (CBDCs)

In this column, we explore a new topic and assess the "state of play", providing an in-depth analysis. Here, we dissect central bank digital currencies.
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Fintech
·Nov. 30, 2021

Senate banking panel chair seeks stablecoin issuer feedback

The complexity of stablecoins makes it difficult for investors and consumers to fully understand their potential risks, Sen. Sherrod Brown, D-OH, said in letters to eight issuers and exchanges, including Coinbase and Tether.
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Fintech
·Nov. 30, 2021

Temenos launches open marketplace for connecting banks and fintech solutions

Temenos, a Switzerland-based software company specializing in enterprise banking solutions and financial services, announced the launch of its new Temenos Exchange to encourage and accelerate co-innovation among banks and fintech solution providers, according to a press release.
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Fintech
·Nov. 30, 2021

From Neobank to National Bank: Was Varo’s Quest Worth It?

The mobile bank trails neobank leader Chime by a large measure. But it has a capital war chest and more ways to grow revenue rapidly.
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Fintech
·Nov. 30, 2021

Traditional Bank Borrows from Amazon to Build an App to Rival Neobanks

Being 100+ doesn't have to mean 'out of date.' As part of a sweeping tech upgrade, a community bank brings retailing savvy to retail banking.
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Fintech
·Nov. 30, 2021

What does Jack Dorsey’s departure as Twitter CEO mean for Square?

The tech entrepreneur has been increasingly focused on Bitcoin, a key growth area for the payments company he co-founded.
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Fintech
·Nov. 30, 2021

Fundbox, a fintech focused on SMBs, raises $100M at a $1.1B valuation

Fundbox, a company that offers loans and financial products to small businesses, announced today it has raised $100 million in a Series D round at a valuation of $1.1 billion. Or more simply, the company aims to solve SMBs’ working capital needs through its credit and payments offerings. It is particularly focused on B2B-focused small...
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Fintech
·Nov. 30, 2021

Bitt to Deploy Stablecoin in Central America

/PRNewswire/ -- Global fintech company, Bitt, will deploy a stablecoin for a government-owned national bank in Central America by the end of 2021. NBB Pay
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