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Payment Network Zilch Aims to Triple Sales After Raising $127 Million
Payment Network Zilch Aims to Triple Sales After Raising $127 Million
June 19, 2024  |  Investments

British payments FinTech Zilch has raised $127 million in debt financing via Deutsche Bank. The funding will help the company accelerate its ability to launch...

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Report: Huawei May Exempt WeChat From In-App Transaction Fees
Report: Huawei May Exempt WeChat From In-App Transaction Fees
June 19, 2024  |  Mobile Applications

Huawei is reportedly ready to let WeChat operate on Huawei’s mobile platform without sharing revenue. The deal, Bloomberg News reported Wednesday (June 19), would be...

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AI Stocks Fall as Investors Grow More Choosy
AI Stocks Fall as Investors Grow More Choosy
June 19, 2024  |  Investments

“Just saying ‘AI’ 15 times is not going to cut it anymore.” So said Stuart Kaiser, head of U.S. equity trading strategy at Citi, speaking...

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Starling Bank Takes Debtors To Court Amid UK Watchdog Probe
Starling Bank Takes Debtors To Court Amid UK Watchdog Probe
June 19, 2024  |  Banking

Starling Bank is reportedly taking several debtors to court amid a U.K. financial watchdog’s investigation. The neobank has filed petitions against 24 companies that have...

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Card Disputes Projected to Jump 40% as Friendly Fraud Persists
Card Disputes Projected to Jump 40% as Friendly Fraud Persists
June 19, 2024  |  Credit Cards

Shoppers are reportedly getting increasingly comfortable disputing credit card charges. That’s because consumers have discovered how easy it is to do so, the Wall Street...

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Tech Firms Tighten Staff Scrutiny Over China Spying Concerns
Tech Firms Tighten Staff Scrutiny Over China Spying Concerns
June 19, 2024  |  Technology

Companies in Silicon Valley are reportedly doing more staff vetting over concerns about Chinese espionage. As the Financial Times (FT) reported Wednesday (June 19), firms...

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Nvidia’s New AI Simulator Could Rev Up Self-Driving Cars
Nvidia’s New AI Simulator Could Rev Up Self-Driving Cars
June 19, 2024  |  artificial intelligence

Chip maker Nvidia announced on Monday (June 17) a new type of artificial intelligence (AI) simulation software in an attempt to turbocharge the development of self-driving...

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1 in 6 Shoppers Choose Merchants Based on Payment Choice
1 in 6 Shoppers Choose Merchants Based on Payment Choice
June 19, 2024  |  Retail

As consumers demand more flexible options at checkout, many shoppers make decisions about where to buy based on whether they can use their preferred payment...

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What Can Shoppers Buy With Crypto? eCommerce Could Have the Answer
What Can Shoppers Buy With Crypto? eCommerce Could Have the Answer
June 19, 2024  |  Cryptocurrency

As has played out over and over across the payments landscape, end-users ultimately want simplicity. After all, no payment innovation can scale if it isn’t...

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