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Report: FTX Founder Tries to Raise Cash Amid Bankruptcy

Report: FTX Founder Tries to Raise Cash Amid Bankruptcy
Report: FTX Founder Tries to Raise Cash Amid Bankruptcy
November 15, 2022  |  Cryptocurrency

The cryptocurrency exchange he launched may be broke and under investigation, but FTX founder Sam Bankman-Fried is still hoping to raise enough cash to cover...

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Airbnb and Booking.com Lock Horns for Top Spot in Travel Apps
Airbnb and Booking.com Lock Horns for Top Spot in Travel Apps
November 15, 2022  |  Connected Economy

In this month’s edition of PYMNTS’ Provider Rankings of Travel Apps, a handful remains in the same spot as before, although one new name has...

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Unstable Stablecoins Clear Path for Banks to Step In
Unstable Stablecoins Clear Path for Banks to Step In
November 15, 2022  |  Cryptocurrency

The cryptocurrency-flameouts this week have revealed hard truths about privately-issued stablecoins: They’re anything but stable. They’re no safe haven from turmoil. Get the Full Story...

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Neobank Varo Begins Offering Zelle Access
Neobank Varo Begins Offering Zelle Access
November 15, 2022  |  Digital-First Banking

Varo will offer the peer-to-peer payment network Zelle as part of its mobile app, the digital bank announced Tuesday (Nov. 15). Get the Full Story Complete the form...

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POSaBIT Debuts New Version of Cannabis Sales Platform
POSaBIT Debuts New Version of Cannabis Sales Platform
November 15, 2022  |  Payment Methods

Cannabis industry FinTech POSaBIT has debuted an enhanced version of its point-of-sale platform as the sector sees continued demand for new payment services. Get the...

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Tight Holiday Sales Outlook Heightens Demand to Reduce Retail Returns
Tight Holiday Sales Outlook Heightens Demand to Reduce Retail Returns
November 15, 2022  |  Retail

At a time when retailers are competing aggressively on price to drive sagging sales, the need to limit returns via virtual try-on tools and tougher...

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Walmart Says Inventory is Down and $100K+ Shoppers Are Up
Walmart Says Inventory is Down and $100K+ Shoppers Are Up
November 15, 2022  |  Retail

The country’s largest retail chain said Tuesday that its efforts to reduce inventory were paying off thanks in part to an increase in customers seeking...

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The Bahamas Appoints Liquidators for FTX
The Bahamas Appoints Liquidators for FTX
November 15, 2022  |  Regulation

The Securities Commission of the Bahamas — the country in which now-bankrupt cryptocurrency exchange FTX is headquartered — has announced the appointment of liquidators for...

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Opn Enters US Payments Market With $400M MerchantE Deal
Opn Enters US Payments Market With $400M MerchantE Deal
November 15, 2022  |  Acquisitions

Japanese FinTech unicorn Opn has entered the American payments market with its purchase of MerchantE, a B2B digital commerce platform. Get the Full Story Complete...

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