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Today in FinTech: Airtel Africa’s SmartCash Launches; OPay, Mastercard Team for Financial Inclusion

Today in FinTech: Airtel Africa’s SmartCash Launches; OPay, Mastercard Team for Financial Inclusion
Today in FinTech: Airtel Africa’s SmartCash Launches; OPay, Mastercard Team for Financial Inclusion
May 19, 2022  |  Technology

In today’s FinTech news, SmartCash Payment Service Bank, a unit of Airtel Africa, brings digital financial services to Nigeria, while OPay and Mastercard partner to...

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Barclays Analyst Wary Outflows May Put Stablecoins on Shaky Ground
Barclays Analyst Wary Outflows May Put Stablecoins on Shaky Ground
May 19, 2022  |  Cryptocurrency

Barclays analyst Joe Abate says fully collateralized stablecoins might not be any different from algorithmic ones like the collapsed Terra UST coin in terms of...

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Sam Bankman-Fried’s FTX Aims to Become the ‘Everything App’
Sam Bankman-Fried’s FTX Aims to Become the ‘Everything App’
May 19, 2022  |  Cryptocurrency

FTX, the second-largest cryptocurrency exchange, is looking to expand “across all asset classes” as it launches a stock trading feature that will accept payments in...

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Today in the Connected Economy: TikTok Begins ‘Major’ Push Into Gaming
Today in the Connected Economy: TikTok Begins ‘Major’ Push Into Gaming
May 19, 2022  |  Connected Economy

Today in the connected economy, TikTok begins testing a program that lets users in Vietnam play video games on the app, part of a broader...

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Today in B2B: Zilliant Launches Quick Start Program; ACH Is Online Payment of Choice
Today in B2B: Zilliant Launches Quick Start Program; ACH Is Online Payment of Choice
May 19, 2022  |  B2B Payments

Today in B2B payments, B2B software maker Zilliant launches its Quick Start program for faster deployment, while ACH transfers are the most prominent form of...

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FTC to Issue $152M in Checks to Additional Victims of AMG Services
FTC to Issue $152M in Checks to Additional Victims of AMG Services
May 19, 2022  |  Security & Fraud

The Federal Trade Commission announced Thursday (May 19) that it will mail 690,000 checks, amounting to over $152 million, to customers who were defrauded by...

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Alloy Debuts Its B2B Software Integration Solution, Alloy Embedded
Alloy Debuts Its B2B Software Integration Solution, Alloy Embedded
May 19, 2022  |  Connected Economy

Integration and automation platform Alloy has rolled out Alloy Embedded, which enables software companies to fast track integration, a press release said Thursday (May 19)....

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Xendit Raises $300M to Grow Payments Platform
Xendit Raises $300M to Grow Payments Platform
May 19, 2022  |  Investments

Southeast Asia payments platform Xendit closed a $300 million Series D funding round that brings its total investment capital since 2015 to $538 million, according...

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$45B Stablecoin Rout Confirms Worst Fears about Crypto’s Need for Reserves
$45B Stablecoin Rout Confirms Worst Fears about Crypto’s Need for Reserves
May 19, 2022  |  Cryptocurrency

The spectacular collapse of a top-three stablecoin last week has erased $45 billion and left crypto with a confidence crisis that goes far deeper. Get...

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