Under the guidance of Governor Andrew Cuomo, BitLicense was enacted in New York State, driving out digital currency exchanges and other blockchain companies that were the beginning of a growing industry. With the exception of a handful of companies that had the means and connections to acquire BitLicenses, many cryptocurrency firms are unable to conduct […]
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Aiming to provide customers with more consistent pricing, Uber announced Tuesday (October 30) a pilot of a new membership program dubbed Ride Pass. In a blog post, the ride-hailing startup said Ride Pass is a new way for riders to lock in a consistent, low price on any ride they take anywhere in the city […]
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Foreign exchange (FX) brokerage solutions provider Leverate is rolling out a cryptocurrency solution aimed at promoting crypto adoption among brokers and businesses. Reports in Finance Magnates on Tuesday (Oct. 30) said Leverate announced the launch of Terrexa Pay, providing a cryptocurrency payments gateway platform that enables users to streamline their transactions made with bitcoin and […]
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Western Union and Amazon announced a partnership Wednesday (October 31) that will offer a new payment option for international customers of the eCommerce giant. Western Union said in a release that Amazon customers will be able to pay in local currency for the items they buy online, which should spur cross-border transactions, with ease of […]
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To assemble baskets of products for delivery orders, Albertsons is teaming up with Takeoff Technologies for a trial partnership. Through the arrangement, the process will be handled by technology in lieu of staff, CNBC reported. With the pilot, Albertsons plans to stock products that shoppers like for online orders in selected areas. Technology enabled by […]
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MediXserve is working with the Ateneo de Manila University in the Philippines in an effort to make the first blockchain research and education lab in the country, Cryptovest reported. The Ateneo-MedixServe Blockchain Education and Research Laboratory (AMBERLab) will be involved in training programs and prototype design, among other activities. It will also involve various verticals, […]
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Chinese payments conglomerate Alipay is ramping up its B2B services with a new suite of offerings for small businesses (SMBs). Reports in Financial IT on Monday (Oct. 29) said Alipay is introducing a range of solutions for small businesses to support growth of China’s SMB community. They include business intelligence solutions like analysis and support […]
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Berkshire Hathaway has been investing in FinTech since early 2018. The investment company is owned by Warren Buffett, a top investor and influencer. Therefore, their moves in FinTech may signal a market shift in that direction. They’ve already invested hundreds of millions of dollars in just a few months. According to The Wall Street Journal, […]
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Privacy is not an afterthought with the “Privacy by Design” mindset, and FinTech startups may take a similar approach with data security. In that sense, they may incorporate data security every time they make an enhancement or a release. “It’s really built in by design,” DadeSystems CIO Mike Capote told PYMNTS.com in an interview. When […]
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Apple is gearing up to launch new products on Tuesday (October 30), and the Wall Street Journal reported those offerings are expected to include new iPad and Mac products. According to the Wall Street Journal, citing analysts, during the event being held at the Brooklyn Academy of Music in New York City, the Cupertino, California […]
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