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FinTech Mercury Nets $120M Including Crowdsourcing

FinTech Mercury Nets $120M Including Crowdsourcing
FinTech Mercury Nets $120M Including Crowdsourcing
August 01, 2021  |  Investments

Mercury, which helps install banking for startups, has raised $120 million in a funding round, according to a company blog post, and has set aside...

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UPI Reports Over 3B Transactions In July As Digital Payments Increase
UPI Reports Over 3B Transactions In July As Digital Payments Increase
August 01, 2021  |  Digital Payments

India’s United Payments Interface (UPI), which is the flagship payments platform for the National Payments Corporation of India (NPCI), processed 3.24 billion transactions in July,...

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BNPL Takes Its Next Dramatic Turn As Square Buys Afterpay For $29B
BNPL Takes Its Next Dramatic Turn As Square Buys Afterpay For $29B
August 01, 2021  |  Buy Now Pay Later

The race to control the buy now, pay later (BNPL) race has taken its latest surprise turn as FinTech giant Square has announced plans to...

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Fed: Delta Variant Might Jeopardize Economy As Americans Avoid Job Hunting
Fed: Delta Variant Might Jeopardize Economy As Americans Avoid Job Hunting
August 01, 2021  |  Economy

Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said the rise of the more contagious Delta variant of COVID-19 might hinder the U.S.’s...

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Robo-Lawyer DoNotPay Hits $210M Valuation
Robo-Lawyer DoNotPay Hits $210M Valuation
August 01, 2021  |  Investments

DoNotPay’s company description is that of a “robot lawyer” trying to “beat bureaucracy,” and the company just more than doubled its valuation to approximately $210...

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Bitcoin Daily: German Institutional Funds Can Invest In Crypto; Bitcoin Miners Bring In $970M In July
Bitcoin Daily: German Institutional Funds Can Invest In Crypto; Bitcoin Miners Bring In $970M In...
August 01, 2021  |  Bitcoin

Under a new plan in Germany, some institutional funds will be able to invest billions in cryptocurrency, which has never happened before, Bloomberg reported. Get...

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‘But Wait, There’s More!’ The Infomercial King’s Influence Lives On
‘But Wait, There’s More!’ The Infomercial King’s Influence Lives On
July 31, 2021  |  Retail

The world suffered a loss this week, as American luminary Ron Popeil passed away at the age of 86 in a Los Angeles hospital. While younger readers...

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Data Brief: 75 Pct Of Bank Customers Still Access Accounts With Username And Password, Despite Preference
Data Brief: 75 Pct Of Bank Customers Still Access Accounts With Username And Password, Despite...
July 30, 2021  |  Authentication

About half of consumers used digital wallets to shop and manage spend in the past 12 months — a convenience that comes at the cost...

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Chinese US IPOs Face SEC Rules As Stocks Plummet
Chinese US IPOs Face SEC Rules As Stocks Plummet
July 30, 2021  |  Economy

The U.S. Security and Exchange Commission (SEC) is implementing new rules that require Chinese firms seeking New York listings to provide supplementary risk disclosure documents....

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