Financial Technology

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Ways In Which Digital Technologies can Enable a Circular Economy

Financial Technology, Tech /

Digital technologies, including IoT, 3D printing, and digital platforms, offer considerable potential to advance a circular economy. Nonetheless, they are not a quick solution and cannot immediately transform the way physical resources are produced and consumed to reduce waste and support circular practices. In her doctoral research, Ida Eyi Heathcote-Fumador investigates digitally mediated circular practices […]

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Mastercard Denies Pressuring Game Platforms, Valve Tells a Different Story

Finance & Business, Financial Technology /

Following backlash over a recent marketplace crackdown on adult-themed games—reportedly linked to pressure from payment processors—Mastercard issued a brief statement Friday countering the media narrative. “Mastercard has not evaluated any game or mandated restrictions on content hosted by game creators or platforms,” the company said. “However, we require merchants to implement safeguards that stop people

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PayPal Partners With Chinese and Indian Wallets To Streamline Payments For 2 billion Users

Finance & Business, Financial Technology /

On Wednesday, PayPal unveiled a new platform called PayPal World, developed in collaboration with global digital wallet providers to simplify cross-border commerce. The platform enables users to make payments using their local wallets and payment systems. Initial partners include India’s NPCI International Payments Limited, which runs the Unified Payment Interface (UPI); China’s Tenpay Global, Tencent’s

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A Cyberattack Results In A £300 Million Loss For UK Retailer Marks & Spencer

Finance & Business, Financial Technology /

On Wednesday, British clothing and food retailer Marks & Spencer revealed that a cyberattack disrupting its online services will likely persist until July and cut the group’s profit by approximately £300 million ($404 million). Cyberattack Disrupts Online Operations, Hits Sales in Key Divisions Last week, Marks & Spencer disclosed that a cyberattack had compromised some

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Study Shows Cashless Payments Are Altering Our Spending Habits

Finance & Business, Financial Technology /

For more than 3,000 years, cash, evolving from shells to coins and notes, has been a reliable medium. However, developed nations are increasingly transitioning to electronic payments. According to a recent study, electronic payments are encouraging increased spending compared to traditional cash transactions. Researchers from the University of Adelaide and the University of Melbourne conducted

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The Tech that Helps Influencers Make Money

Entertainment, Finance & Business, Financial Technology, Tech /

We live in an era where Creativity is everything and everywhere. Influencers are taking over sales and even leading people´s consumption behavior in society. Businesses used to collaborate with celebrities to do their advertisement but a new segmentation is rising up where a more person-to-person approach is taking over, which reflects on the $ 3.6

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2023 Software Spending Analysis Unveils Trends in Cost Optimization

Finance & Business, Financial Technology, Tech /

The economic downturn and a heightened focus on cash flow have prompted organizations to examine their budgets closely. CFOs have mandated significant reductions in software expenditures, ranging from 10% to 30%. A report from CloudEagle, a SaaS procurement and management platform, sheds light on the evolving landscape of software spending. Shifting Priorities in Software Spending

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APAC Financial Institutions Fight With Security Cause by Accelerated Digital Change

Finance & Business, Financial Technology, Tech /

An accelerated rate of change Financial institutions throughout Asia-Pacific (APAC) are rushing ahead of their peers throughout Europe and North America when it concerns digital transformation, leading software supplier ITRS Group’s most up-to-date data reveals. However, amid this accelerated rate of change, avoiding prolonged durations of unplanned downtime remains an obstacle for companies in the

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Tanzanian Fintech Nala Raises $10M from Monzo and Robinhood Founders

Finance & Business, Financial Technology, Tech /

NALA, Founded by Tanzanian Benjamin Fernandes (Founder &; CEO). Led alongside Nicolas Esteves (CTO) and Nicolas Eddy (COO), raised $10m round backed by Amplo, Accel, and Bessemer Partners with participation from Angels such as Jonas, the co-founder & CTO of Monzo, Robinhood founder Vlad, Laura, the co-founder of Alloy, Deel founder Alex Boaziz and Peeyush

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Three Leading Fintech Trends to Enjoy in 2022

Financial Technology /

As the fintech space creates, 2022 will undoubtedly see interruption from 3 major finserve and banking sectors. While the obstacles of an electronic makeover have dominated mainly 2020 and 2021, 2022 looks set to be the stabilizing year regarding new typical service tasks. The significant hurdles of functioning remotely, swapping systems to digital systems, and

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