Author: Fioney Staff
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Capital One Announces New Transfer Partners and Other Travel Updates
As hope for a revitalized travel market continues to rise, one credit card issuer has just made big moves. This week, Capital One made a series of announcements in regards to their travel partnerships and more. First, as The Points Guy reports, Capital One has enlisted four new transfer partners. These include British Airways, Turkish…
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WeWork to Begin Accepting Cryptocurrencies for Payment
After a relatively steady climb in recent months, the cryptocurrency market is back to its volatile ways. Between Dogecoin’s rapid rises and Bitcoin’s flash crashes, some investors may be reminded why they avoided the asset class in the first place. Nevertheless, the acceptance of crypto is continuing to grow, with WeWork now joining the list…
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Mastercard to Acquire Ekata for $850 Million
Just a few months after Mastercard completed its purchase of the FinTech firm Finicity, the company is looking to make another buy. This morning, Mastercard announced plans to acquire the identity verification platform Ekata for $850 million. The transaction is subject to regulatory review but is expected to close within the next six months. Additionally,…
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Fiverr’s Small Business Needs Index Highlights Trends in Pandemic-Era Project Hiring
When most people think about what it means to be a small business owner, they might assume that they like to do everything themselves. However, while this may be true of some, others prefer to hire experts to help them in areas where they struggle or could otherwise use some assistance. That’s where platforms such…
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American FinTech Council Now Has More Than 75 Members
Last month, the Marketplace Lending Association and the Online Lending Policy Institute announced that they would be merging to form the American FinTech Council (AFC). In doing so, one of the stated goals of the group was to assemble an even larger coalition of banks and financial services companies. It seems as though that is indeed…
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Coinbase Makes Its Nasdaq Debut as Crypto Surges
As cryptocurrencies continue to make their way towards mainstream acceptance, one major crypto-centric company is making a splash on Wall Street. This afternoon, Coinbase successfully went public, with its stock now listing on the Nasdaq under the ticker symbol $COIN. According to CNBC, the platform opened at $381 a share — well ahead of its…
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Survey Highlights the Growing Popularity of “Buy Now, Pay Later” Services
When many Americans go to make a large purchase, they typically have a few options. Aside from paying in cash, there’s also traditionally been the option to put a purchase on a credit card — which results in paying interest if the charge isn’t paid off quickly. Meanwhile, although some retailers might offer deferred-interest monthly…
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Automated Identity Verification Tool Veriff Raised $69 Million
One of the major challenges inherent to the FinTech sector involves regulation. While many startups aim to offer an easy and seamless experience to users, there are still several important steps they need to take in order to onboard customers while remaining compliant. This includes verifying the identity of applicants in order to prevent fraud.…
