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bakkt stock nears $25 per share

Bakkt Stock Nears $25 Per Share After MasterCard Crypto Team-Up

Bakkt, a cryptocurrency technology provider, had a significant uptick in value on as a result of its relationship with MasterCard, which provides cryptocurrency access to its clients. MasterCard will integrate Bakkt’s cryptocurrency capabilities throughout its banking and purchasing systems, allowing consumers to purchase cryptocurrency, merchantability cryptocurrency, and clasp cryptocurrency through their wallets. This is according …

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bank of america unveils account validation

Bank of America Unveils Account Validation for Public Sector & Corporate Clients

Bank of America –one of the leading financial institutions in the world, has launched the concept of Account Validation for assisting public sector and corporate clients in the United States of America with solutions related to fraud prevention. The total number of attempts related to digital frauds in the United States of America has gone …

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american express introduces debit card

American Express Introduces Debit Card, Digital Checking Account for Small Busines

American Express – the famous card issuing company for small businesses in the United States, has unveiled the fully digital form of Business Checking Account for SMBs.  The Business Checking Account by American Express will be offering small business enterprises a highly secure, low-fee, and top-yield experience of digital banking. The account is available with …

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allbirds makes public debut

Allbirds Makes Public Debut; Nike Links Loyalty Program With Dick’s Sporting Goods

The shares of Allbirds, the famous shoemaker, have seen a surge of 90%, as the company’s valuation has reached $4.1 billion. Allbirds is popular for its woolen sneakers, as well as, slip-on. Nike and Dick’s Sporting Goods, on the other hand, have decided to collaborate to expand Nike’s footwear and apparel collection.  Allbirds Make a …

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facebook enables app creators

Facebook Enables App Creators to Pay Outside the Apple’s App Store

The CEO of Facebook, Mark Zuckerberg, declared that content creators can use custom web links, allowing their followers to make payment for the subscription services using Facebook’s native payment model. If someone uses your Facebook’s custom link to sign up for the subscription, instead of Apple’s in-app subscription, you get to keep the money. This …

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mastercard steps ahead in b2b payments

Mastercard Steps Ahead in B2B Payments with New Supply Chain Finance Offering

Mastercard announced a collaboration with the UK-based finance solution provider “Demica” on its website on 21st October. The company is all set to expand and improve its Track Business Payment Services that started in 2020. Mastercard is working on its Track Business Payment Service to make working capital easily accessible with lower operational costs. It …

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homelight expands real estate financial products 1

HomeLight Expands Its Real Estate Financial Products in Arizona

HomeLight, a real estate technology platform that transforms the home-buying and selling process for top agents and clients, announced that it would expand its flagship financial products, HomeLight Trade-In and HomeLight Cash-Off, to more agents, homebuyers, and sellers in Arizona. This expansion has followed 700% product growth since January 2020. It is supported by a …

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snap shares plunge

After Apple Privacy Changes Hit Ads Business Snap Shares Plunge 25%

Snapchat’s shares plummeted 25% after Apple declared a few critical privacy changes in Apple’s App Store. The owner of Snapchat mentioned that its shares witnessed a decline since Apple’s new privacy policy has affected Snap’s digital advertising. These changes were introduced on Apple’s App stores causing a significant disturbance in the ad management. Not only …

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uber freight partners with marqeta

Uber Freight Partners with Marqeta and Branch to Offer Faster Payments

Marqeta is a platform where companies can issue and manage personalized card programs. Recently, it has decided to become partners with Branch, a reputable platform for workforce payments. Uber Freight is partnering with these two giants of the finance industry to streamline its payment process. The reliability and swift payments will bring carrier-first financial services …

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pax technology raided by fbi

Point of Sale Manufacturer Pax Technology Raided by FBI

Federal agents raided the Florida headquarters of PAX Technology, a Chinese producer of point-of-sale systems used by millions of companies and merchants worldwide. According to KrebsOnSecurity, the raid is related to allegations that PAX’s computers were used in cyberattacks on U.S. and European Union targets.  PAX Technology Inc., headquartered in Shenzhen, China, has more than …

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restaurant credit card fraud

Restaurant Credit Card Fraud & Chargebacks: What Operators Need to Know

The growth of online orders has led to more sales for many restaurant owners. Online transactions helped many businesses to survive in the middle of the pandemic. When dining restrictions were enforced, many restaurants turned to third-party apps or built their own websites to generate orders online. While online orders meant more sales, it came …

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