Source: PYMNTS Commercial card startup Brex is seeking unicorn status with its next funding round, The Wall Street Journal (WSJ) reported Friday (Sept. 21). Unnamed sources told the publication that DST Global is set to lead the firm’s next funding round, which could push its valuation to $1 billion. Brex, founded by two Brazilian entrepreneurs, emerged […]
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Source: PYMNTS In the latest research of small business lending trends, researchers have found evidence to be optimistic. Across the U.S. and U.K., it appears access to bank loans is easing, with most SMBs able to obtain a bank loan. Yet across Europe, a massive SMB funding gap remains, analysts warn. The research also offers […]
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Source: Marie Huillet, CoinTelegraph The Winklevoss twins’ crypto exchange Gemini is eyeing entrance into the U.K. market, according to a new report from the Financial Times. Tyler and Cameron Winklevoss, creators of U.S..-based cryptocurrency trading platform Gemini, are looking to expand the platform to the U.K. market, sources told the Financial Times (FT) September 24. […]
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Source: PYMNTS There are few participants in the American healthcare system that offer rave reviews of its payment process. Providers (doctors, hospitals, etc.), payers (insurance companies) and members (patients) all offer different perspectives on what’s really wrong – but all agree that if healthcare payments was a patient, it would be flatlining. Getting everyone to agree that something’s wrong […]
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Source: PYMNTS Whether in Australia, India, Europe or the United States, mobile phones aren’t just driving interconnectivity, but are the key channel driving innovation in payments and commerce. Still, even in this digital world, where everyone and everything is connected via mobile, going global can be tough for a company looking to expand its operations […]
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Source: PYMNTS Digital commerce channels are presenting new opportunities for bad actors, making cybercrime a colossal problem for companies of all sizes. All told, U.S. businesses and consumers lost more than $1.4 billion in 300,000-plus reported cyberattacks last year, according to the Federal Bureau of Investigation (FBI). Perhaps more troubling, however, is digital fraud’s projected […]
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Source: Marie Huillet, CoinTelegraph Both Ripple (XRP) and Ethereum (ETH) have today taken hefty price hits as the wider crypto markets see deep red. Monday, September 24: Both Ripple (XRP) and Ethereum (ETH) have taken hefty price hits today as the wider crypto markets see deep red, as data from Coin360 shows. Market visualization by […]
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Source: Gareth Jenkinson, CoinTelegraph The World Economic Forum sees a bright future for blockchain on the horizon — in all spheres of life. If recent reports come to fruition, blockchain technology has the potential to have a massive financial impact on the global trade industry. The World Economic Forum (WEF) released an optimistic outlook for […]
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Source: William Suberg, CoinTelegraph Italy’s Juventus soccer club is following Paris Saint-Germain to opt into issuing its own fan token. Major league Italian soccer club Juventus announced Monday, September 24, it will launch its own cryptocurrency “fan token,” two weeks after a similar announcement from Paris Saint-Germain. The product of a partnership with “blockchain-based fan […]
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Source: Stephen O’Neal, CoinTelegraph Starting an exchange in Singapore is an ambitious step — the most recent in a series of Binance’s summer activities. Sept. 15 came with the announcement from the Binance co-founder and CEO Changpeng Zhao (also referred to as ‘CZ’): One of the largest global crypto exchanges will start testing a crypto-fiat […]
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