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Market Dynamics

A 25-Year-Old With Elon Musk Ties Has Direct Access to the Federal Payment System

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A 25-year-old engineer named Marko Elez, who previously worked for two Elon Musk companies, has direct access to Treasury Department systems responsible for nearly...
Tech Innovations

Elon Musk’s Goons Are Trying to Gain Access to the Government’s Payment Systems: Report

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Tech for Business

QED seeds $9.9M in Cedar Money, a stablecoin payment platform

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The newest generation of startups aiming to solve cross-border payments are focusing on stablecoins — cryptocurrency coins often pegged to actual currencies or other...
Business Insights

Just one payment gets you Microsoft Office 2024 for life

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Tech for Business

Google hit with $12.6M fine in Indonesia for monopolistic practices in payment system

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Indonesia’s antitrust agency KPPU fined Google 202.5 billion Rupiahs, equivalent to $12.6 million, on Wednesday for antitrust violation related to its payment system services...
Tech for Business

MoneyHash, which provides single access to payment services in MENA, banks $5.2M

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When merchants or companies launch online, they typically start by partnering with one or two payment processors. But as they grow and expand into...
Business Insights

Access premium apps for life with a one-time payment of $56.

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Tech Innovations

Tech Lobbyists Are Mad Feds Want to Regulate Digital Payment Apps Like Banks

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Startup Spotlight

NetChoice and TechNet sue CFPB over digital payment apps rule

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Two major tech trade groups are challenging the Consumer Financial Protection Bureau’s (CFPB) effort to treat payment apps and digital wallets like banks. In...
Tech Innovations

Capital One Cardholders Will Likely Move to Discover’s Payment Network — but Not Right Away

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This year, Capital One plans to acquire Discover for $35.3 billion. The date and details aren't final yet, but changes for both Discover and...
Tech for Business

India’s payment push is cutting out Visa and Mastercard

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As global regulators increase their scrutiny on Visa and Mastercard over merchant fees, India has chosen a different path: creating rival payment networks that...
Tech for Business

Nomupay raises $37M on a $200M valuation to build payment rails in underserved markets across Asia

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Wirecard, a German fintech that raised hundreds of millions of dollars only to collapse in 2020 in a sea of scandal and insolvency, still...
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