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PayPal Increases Crypto Purchase Limit To $100,000 Per Week
Friday, July 16, 2021 - 1:45pm | 410Read More...What Happened: U.S. customers can now buy up to $100,000 in crypto on PayPal Holdings Inc (NASDAQ: PYPL) per week. The payments company said in a Thursday press release that it would increase the existing purchase limit in order to enable customers to have “more choice and flexibility in...
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Fintech Focus For June 11, 2021
Thursday, June 10, 2021 - 5:51pm | 2464Read More...Quote To Start The Day: "As my knowledge of things grew I felt more and more the delight of the world I was in.” Source: Helen Keller One Big Thing In Fintech: The Basel Committee on Banking Supervision on Thursday recommended the highest possible risk weighting — 1,250% —...
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Why Square, PayPal Are Top Picks In The Fintech Space Ahead Of Earnings
Wednesday, April 21, 2021 - 8:06am | 758Read More...Ahead of earnings from payment processing companies, an analyst at Rosenblatt Securities picked his five favorite names in the space. The Ratings: Analyst Sean Horgan maintained a Buy rating on PayPal Holdings, Inc. (NASDAQ: PYPL) and increased the price target from $320 to $350. The analyst...
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Fintech Focus For April 21, 2021
Tuesday, April 20, 2021 - 8:53pm | 2737Read More...Quote To Start The Day: In order to be irreplaceable one must always be different. Source: Coco Chanel One Big Thing In Fintech: The rise of fintech innovation and demand for online banking tools amid the pandemic has propelled Latin America to undergo a digital transformation. Large banks in the...
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Why WeWork Partnered With Coinbase
Tuesday, April 20, 2021 - 3:17pm | 376Read More...Flexible shared workspace provider WeWork has announced it would accept payment in select cryptocurrencies, according to a press release. What Happened: The company, which is located in over 120 cities worldwide, has plans to “expand its flexibility” by utilizing...
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Venmo's 70 Million Users Can Now Buy, Sell, And Hold As Little As $1 In Crypto
Tuesday, April 20, 2021 - 10:08am | 403Read More...PayPal Holdings Inc (NASDAQ: PYPL)-owned mobile payment service Venmo said its 70 million customers can now buy, sell and hold cryptocurrency directly with the Venmo app. As per a press release shared by the company, the rollout is set to take place today and will allow users to purchase as little...
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Holler Raises $36M Series B To Invent A New 'Content Consumption Paradigm'
Thursday, April 1, 2021 - 3:15pm | 296Read More...Holler, a conversational media company focused on the creation and delivery of engaging content, secured $36 million in Series B funding. What Happened: Led by a diverse team of technologists, digital animators and media veterans via proprietary artificial intelligence (AI) technology,...
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Cathie Wood: Fintech Is One Of The 'Most Misunderstood' Technology Platforms
Saturday, March 6, 2021 - 2:42pm | 497Read More...Ark Funds CEO and Founder Cathie Wood joined Benzinga’s “Raz Report” this week and discussed the history of Ark Funds. Wood shared her thoughts on the fintech market, where she sees huge growth ahead. Wood on Fintech: “We think that fintech is probably one of the most...
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Fintech Focus For February 17, 2021
Tuesday, February 16, 2021 - 6:17pm | 2049Read More...Quote To Start The Day: Don't judge each day by the harvest you reap but by the seeds that you plant. Source: Robert Louis Stevenson One Big Thing In Fintech: Banking is one of the key drivers of economies worldwide. Core banking typically includes deposit and loan and credit processing...
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Fintech Focus Roundup For February 13, 2021
Friday, February 12, 2021 - 6:47pm | 1550Read More...Nasdaq: 50 Years of Market Innovation This month marks the 50th anniversary of Nasdaq’s launch in 1971. The story of Nasdaq’s first five decades highlights its impact on trading today. The introduction of computers to markets, and sharing of quote data more widely, led to the...
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Fintech Focus Roundup For February 6, 2021
Friday, February 5, 2021 - 5:37pm | 1508Read More...'This Is Not The Market Participant's Problem': Volatility Arbitrage Trader Talks GameStop, Market Microstructure, Regulation The dynamics that transpired in GameStop can be traced back to factors like Federal Reserve stabilization efforts and low rates, which incentivize risk taking...
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PayPal-Owned Venmo To Add Crypto, Savings, Deal-Finding Functionalities
Friday, February 5, 2021 - 9:54am | 363Read More...PayPal Holdings Inc (NASDAQ: PYPL) CEO Daniel Schulman announced during an earnings call this week his firm’s intent to expand the functionality of Venmo, a mobile-friendly payments app. What Happened: Venmo is a holistic platform for payments and money transfers. As part of a vision to...
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Fintech Focus For January 6, 2021
Tuesday, January 5, 2021 - 10:16pm | 1927Read More...Quote To Start The Day: If you think you can do a thing or think you can’t do a thing, you’re right. Source: Henry Ford One Big Thing In Fintech: Affirm founder and CEO Max Levchin is poised to join Elon Musk, Peter Thiel and Reid Hoffman on the billionaires list, becoming the latest...
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Fintech Focus For January 4, 2021
Sunday, January 3, 2021 - 12:58pm | 1446Read More...Quote To Start The Day: Cheers to a new year and another chance for us to get it right. Source: Oprah Winfrey One Big Thing In Fintech: The banking industry has not been spared from the impact of Covid-19. Bank of America, for one, saw profits drop 16% year-over-year (YoY) in Q3’20 to $4.9B...
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Analyst Says Square Shares Are Worth $300
Thursday, November 19, 2020 - 11:25am | 410Read More...Square Inc (NYSE: SQ) shares were up another 3.2% on Thursday and have more than tripled year-to-date, but one Wall Street analyst said there is plenty more upside ahead for the popular payment stock. The Square Analyst: Mizuho analyst Dan Dolev has reiterated his Buy rating for Square and...
