The Data Point: 59% of Canadian Firms Have Warm Feelings About Real-Time Payments
The Data Point: 59% of Canadian Firms Have Warm Feelings About Real-Time Payments
June 24, 2022  |  Payments Innovation

Though real-time payments (RTP) aren’t yet available in Canada, North America’s commercial northern lights want all the benefits of real-time rails, one might say, in...

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VC Firm Presto Ventures Raises $36M for B2B Startups
VC Firm Presto Ventures Raises $36M for B2B Startups
June 24, 2022  |  B2B Payments

Czech venture capital (VC) fund Presto Ventures has wrapped a €30 million ($36.8 million) funding round to help early-stage B2B startups in Central and Eastern...

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Gorillas Leaves Belgium, Hands Off Some Business to Efarmz
Gorillas Leaves Belgium, Hands Off Some Business to Efarmz
June 24, 2022  |  emea

On-demand grocery delivery startup Gorillas is closing its warehouses in Belgium and handing off some of its business for undisclosed terms to Belgium organic and...

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Embedded FinTech Startup Colendi Acquires Blockchain Firm SETL
Embedded FinTech Startup Colendi Acquires Blockchain Firm SETL
June 24, 2022  |  Acquisitions

Multifunctional banking as a service (BaaS) platform Colendi is acquiring blockchain settlements and payments provider SETL for undisclosed terms, according to media reports on Friday...

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ByteDance Generates $1B in Mobile Game Player Spending in Past Year
ByteDance Generates $1B in Mobile Game Player Spending in Past Year
June 24, 2022  |  Social Commerce

TikTok owner ByteDance generated $1 billion in mobile game player spending from June 21, 2021 to Monday (June 20), up 16% year over year, according...

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Senators Reintroduce Bill to Preserve Freedom of Payment Choice
Senators Reintroduce Bill to Preserve Freedom of Payment Choice
June 24, 2022  |  Regulation

U.S. Sens. Bob Menendez (D-N.J.) and Kevin Cramer (R-N.D.) have reintroduced the Payment Choice Act, a bill they first pushed forward about a year ago,...

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Muse Launches Supply/Invoice Financing Product
Muse Launches Supply/Invoice Financing Product
June 24, 2022  |  B2B Payments

Business finance startup Muse Finance has launched a solution that combines supply finance and invoice finance, the British company announced Thursday (June 23). Get the...

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The $100M Hack and Crypto’s Cross-Chain Payments Problem
The $100M Hack and Crypto’s Cross-Chain Payments Problem
June 24, 2022  |  Cryptocurrency

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Weekly TechReg EMEA: Google, TikTok Move to Appease Regulators
Weekly TechReg EMEA: Google, TikTok Move to Appease Regulators
June 24, 2022  |  emea

This week, the U.K. government and some regulatory agencies in the country announced changes to regulate the buy now, pay later (BNPL) sector and to...

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