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EU Parliament Meets Big Tech in Silicon Valley
EU Parliament Meets Big Tech in Silicon Valley
May 24, 2022  |  Big Tech

A delegation of the European Parliament met with executives from tech companies including Google, Meta, Apple, Airbnb, eBay, PayPal and Uber to discuss the latest...

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ECB: Crypto Could Shake Financial Stability 
ECB: Crypto Could Shake Financial Stability 
May 24, 2022  |  Cryptocurrency

Financial stability is at risk as crypto-assets become more entangled with mainstream markets, the European Central Bank (ECB) said in its financial stability review on...

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Virtual Cards Aid Expense Management, Financial Inclusion
Virtual Cards Aid Expense Management, Financial Inclusion
May 24, 2022  |  Payment Methods

From travel and insurance expenses to software subscriptions and supplier payments, commercial virtual card use has boomed in recent years. The global value of transactions...

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JPMorgan’s UK Digital Bank Processed 20 Million Payments in 8 Months
JPMorgan’s UK Digital Bank Processed 20 Million Payments in 8 Months
May 23, 2022  |  Digital-First Banking

JPMorgan’s consumer bank Chase in Britain, a digital venture, now has over half a million customers, Reuters wrote Monday (May 23). Get the Full Story...

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Davos Jumps Into Metaverse While Bankers at Forum Blast Crypto Payments
Davos Jumps Into Metaverse While Bankers at Forum Blast Crypto Payments
May 23, 2022  |  Cryptocurrency

The World Economic Forum’s (WEF’s) first live meeting in two years kicked off on Sunday (May 22), and the cryptocurrency industry is out in force....

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FinTech ZoodPay Acquires Tez Financial Services
FinTech ZoodPay Acquires Tez Financial Services
May 23, 2022  |  Acquisitions

ZoodPay, a Switzerland-based provider of buy now, pay later (BNPL) services that focuses on customers in the Middle East and Central Asia, has purchased Karachi,...

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Klarna to Cut About 700 Jobs Due to Inflation, War
Klarna to Cut About 700 Jobs Due to Inflation, War
May 23, 2022  |  Economy

Swedish buy now, pay later (BNPL) FinTech Klarna will lay off about 10% of its staff due to the effects of inflation and the Russia-Ukraine...

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G-7 Leaders Cold on Crypto, Warm on CBDCs
G-7 Leaders Cold on Crypto, Warm on CBDCs
May 23, 2022  |  Regulation

The finance ministers and central bank governors from the G-7 met in Germany last week to discuss global economic issues, including cryptocurrencies and central bank...

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UK Lending FinTech Creditspring Raises $60M
UK Lending FinTech Creditspring Raises $60M
May 23, 2022  |  Investments

London-based FinTech Creditspring has raised $60 million in new capital, bring its total funds raised since its 2016 launch to $88 million, the company announced...

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