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PayPal Weighs Shutdown of Venture Capital Arm in Corporate Overhaul

PayPal Weighs Shutdown of Venture Capital Arm in Corporate Overhaul
PayPal Weighs Shutdown of Venture Capital Arm in Corporate Overhaul
June 17, 2026  |  Investments

PayPal is “exploring strategic options” for its venture capital arm, a company spokesperson told Fortune in a report posted Tuesday (June 16). Get the Full...

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AI Gives Main Street Its Own Finance Department
AI Gives Main Street Its Own Finance Department
June 17, 2026  |  SMBs

Small businesses run on instinct. Main Street entrepreneurs know their customers personally. They understand seasonal fluctuations without consulting dashboards; many can sense when sales are...

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Amazon Exec Predicts Commercial Quantum Computers Could Launch in 2031
Amazon Exec Predicts Commercial Quantum Computers Could Launch in 2031
June 17, 2026  |  Technology

Amazon artificial intelligence executive Peter DeSantis reportedly said Wednesday (June 17) that the first “commercially useful small-scale” quantum computers will appear five to seven years...

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SpaceX Bets $60 Billion on AI It Couldn’t Build
SpaceX Bets $60 Billion on AI It Couldn’t Build
June 17, 2026  |  Artificial Intelligence

SpaceX completed the biggest initial public offering (IPO) in history this month on a pitch built around rockets and satellites. Days later, it spent $60...

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Lawmakers Want AML Rules to Target Bigger Threats
Lawmakers Want AML Rules to Target Bigger Threats
June 17, 2026  |  Legal & Regulation

Two lawmakers have asked the Financial Crimes Enforcement Network (FinCEN) to ensure that reducing unnecessary compliance burdens and prioritizing high-risk financial crimes in its enforcement...

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Trace Finance Raises $32 Million for Stablecoin Infrastructure Offering
Trace Finance Raises $32 Million for Stablecoin Infrastructure Offering
June 17, 2026  |  Investments

Cross-border payments/stablecoin settlement infrastructure company Trace Finance has raised $32 million in new funding. Get the Full Story Complete the form to unlock this article...

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Karta Raises $140 Million for Credit-Invisible Travelers’ Card
Karta Raises $140 Million for Credit-Invisible Travelers’ Card
June 17, 2026  |  Investments

Travel-focused credit card company Karta has raised $140 million in new funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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CFTC Seeks a Faster Lane for FinTech Partnerships
CFTC Seeks a Faster Lane for FinTech Partnerships
June 17, 2026  |  Legal & Regulation

The Commodity Futures Trading Commission (CFTC) is looking for ways it can make it easier for FinTech firms to partner with federally regulated institutions. Get...

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