Indonesia, UAE Banks Collaborate on Cross-Border Payments
Indonesia, UAE Banks Collaborate on Cross-Border Payments
November 30, 2021  |  International

The central banks of Indonesia and the United Arab Emirates (UAE) have signed an agreement to boost payment system cooperation. Get the Full Story Complete...

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Cabify’s Grocery Delivery Coming to Latin America in 2022
Cabify’s Grocery Delivery Coming to Latin America in 2022
November 30, 2021  |  Delivery

Spanish ride-hailing service Cabify is set to begin offering grocery deliveries for customers in Latin America in 2022. Get the Full Story Complete the form...

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Lawmakers Warn FinTechs About Potential Bias Baked Into AI-Based Financial Tools
Lawmakers Warn FinTechs About Potential Bias Baked Into AI-Based Financial Tools
November 30, 2021  |  artificial intelligence

As financial technology firms grow from startups into a core part of the financial industry, the already high use of algorithm-based artificial intelligence (AI) is...

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Metaverse Platform Zepeto Value Tops $1B With $150M SoftBank Investment
Metaverse Platform Zepeto Value Tops $1B With $150M SoftBank Investment
November 30, 2021  |  Investments

Fueled by a $150 million investment from Japanese investment company SoftBank, the virtual world of Zepeto is now worth more than $1 billion, according to...

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Restaurant Website Platform SpotHopper Nets $14M for Growth and Feature Development
Restaurant Website Platform SpotHopper Nets $14M for Growth and Feature Development
November 30, 2021  |  Restaurant innovation

Restaurant website platform SpotHopper on Tuesday (Nov. 30) completed a Series A fundraising round that will bring in $14 million for the company to expand...

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Bank Profits Fall Due to Loan Loss Reduction
Bank Profits Fall Due to Loan Loss Reduction
November 30, 2021  |  Loans

Banking profits dropped during the third quarter of 2021 due to a slower reduction in loan loss provisions, the Federal Deposit Insurance Corporation (FDIC) reported...

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Buffett-Backed Nubank Cuts Down IPO Price
Buffett-Backed Nubank Cuts Down IPO Price
November 30, 2021  |  IPO

Brazilian digital bank Nubank has reduced the target price of its American stock market debut by about 18% amid a worldwide tech stock selloff that’s...

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Online Bulk Retailer Boxed Acquiring MaxDelivery
Online Bulk Retailer Boxed Acquiring MaxDelivery
November 30, 2021  |  Partnerships / Acquisitions

Online bulk retailer Boxed is set to acquire MaxDelivery, an on-demand grocery delivery service for New York City consumers. Get the Full Story Complete the...

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Restaurants Tapping Robot Servers Risk Repeating Past Mistakes
Restaurants Tapping Robot Servers Risk Repeating Past Mistakes
November 30, 2021  |  Restaurant innovation

Table-service restaurants are turning to robotics to weather labor challenges, but it is too soon to say whether these robots are the waitstaff of the...

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