FinTech Winter May Lead Banks to Increase Acquisitions
FinTech Winter May Lead Banks to Increase Acquisitions
November 17, 2022  |  Acquisitions

Banks looking to boost their digital capabilities reportedly may be taking a closer look at acquisitions of FinTechs. Get the Full Story Complete the form...

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Congressional Committees Say ID.me Provided Inaccurate Info About Fraud
Congressional Committees Say ID.me Provided Inaccurate Info About Fraud
November 17, 2022  |  Biometrics

While apparently attempting to promote the need for its identity verification services, facial recognition company ID.me overstated the amount of fraud around pandemic-related federal funds...

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Jumia Axes Low-Value Projects, Renews Focus on JumiaPay, Logistics Efficiency
Jumia Axes Low-Value Projects, Renews Focus on JumiaPay, Logistics Efficiency
November 17, 2022  |  Earnings

Achieving profitability is a recurring theme at pan-African eCommerce giant Jumia, so much so that the goal has been reiterated on numerous occasions by the...

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PepsiCo Adds Ghost Kitchen Side Hustle to Drive Foodservice Sales
PepsiCo Adds Ghost Kitchen Side Hustle to Drive Foodservice Sales
November 17, 2022  |  Restaurant innovation

At a time when many consumers are adding second jobs to augment their income, it seems PepsiCo is looking to supplement its core beverages and snack foods...

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WhatsApp Debuts Business Search Feature
WhatsApp Debuts Business Search Feature
November 17, 2022  |  Mobile Commerce

Meta announced on Thursday (Nov. 17) that it has launched a new business search feature for WhatsApp that will allow users to search for businesses...

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SPAC Deal Values Digital Virgo at $513M
SPAC Deal Values Digital Virgo at $513M
November 17, 2022  |  SPAC

Digital Virgo Group, a French corporation that operates a digital monetization platform for the entertainment, sports and lifestyle sectors, announced it will list publicly on...

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Flywire Teams With HDFC to Streamline Education Payments
Flywire Teams With HDFC to Streamline Education Payments
November 17, 2022  |  Payment Methods

Payments software company Flywire has teamed up with India’s HDFC Bank to help students in India pay education fees at institutions around the world. Get the...

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Alameda Research Made Loans to Sam Bankman-Fried and FTX Execs 
Alameda Research Made Loans to Sam Bankman-Fried and FTX Execs 
November 17, 2022  |  Cryptocurrency

FTX-affiliated trading firm Alameda Research reportedly made $4.1 billion in combined loans to “related parties,” with the majority going to then-FTX CEO Sam Bankman-Fried, one...

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BaFin President: Banks’ Interest in Crypto Is ‘Limited’
BaFin President: Banks’ Interest in Crypto Is ‘Limited’
November 17, 2022  |  Cryptocurrency

In an interview published on the European Central Bank website, Mark Branson, member of the supervisory board of the ECB and president of the German...

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