Fintech
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Why Kalshi’s Legal Battles Threaten Its Prediction Market Model
Federal appeals court rulings and new state lawsuits are undermining Kalshi’s core defense that its prediction platform is…
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How AI Is Reshaping Markets—And Why Investors Are Reassessing the Hype
From algorithmic trading to regulatory crackdowns, AI’s role in finance is evolving faster than risk models can keep…
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Stripe and Advent International revive talks to buy PayPal, WSJ reports
SAN JOSE, August 15 — The hum of Silicon Valley’s corporate campuses carries an extra charge this week…
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Mobile Money Outage Stalls Uganda’s Financial Pulse
KAMPALA, July 7 — A weekend outage of mobile money services in Uganda disrupted transactions across the country,…
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VEON and Mastercard Team Up on Financial Services for Underserved Customers in Four Countries
DUBAI — For millions of people in countries where VEON runs mobile networks, the bank has always been…
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VEON and Mastercard to Pilot Digital Financial Services in Ukraine and Kazakhstan
For millions of people in developing countries, a mobile phone is already their bank vault, their payment terminal,…
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NPCI chief Asbe says AI will bring the next 500 million users to UPI
MUMBAI — The next half-billion users of India’s Unified Payment Interface will likely never touch a smartphone keyboard…
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Meta Weighed Buying Kalshi, Then Built Arena, a Prediction Market App Using Play Money
Meta’s plan to launch a prediction market app called “Arena” hinges on a single, deliberate design choice: virtual…
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India Morning Brief: Iran Oil Waiver, Kunal Shah at WhatsApp, IPO Revival
BENGALURU, June 24 — A significant appointment has been made at Meta Platforms Inc., with Kunal Shah, co-founder…
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Kunal Shah takes global leadership role at WhatsApp after Meta’s Cred investment
BENGALURU — When Meta put $4.5 billion into Cred, it bought a stake in a startup. Now it…
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Kunal Shah takes global WhatsApp role, tasked with growth without disruption
Kunal Shah built Cred into a fintech brand people talk about. Now he has to make WhatsApp into…
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True Names Jeremy Zeman to Lead New Consumer and Commercial Banking Practice
NEW YORK, June 23 — True has expanded its financial services footprint with the appointment of Jeremy Zeman…
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Jeremy Zeman Leads True’s Consumer and Commercial Banking Executive Search Practice
Jeremy Zeman steps into a job that True clearly believes is central to its future. The company named…
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OPay Reports 137% Revenue Jump in Filing for New York Listing
Lagos, June 23 — A $4 billion valuation is on the table for OPay, one of Nigeria’s biggest…
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MAS Imposes Extra Capital Requirement on DBS After Repeated Digital Banking Outages
Singapore’s central bank, the Monetary Authority of Singapore (MAS), has imposed penalties on DBS Bank Limited and ordered…
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MBSB Bank, PKNS partner to push cashless payments at Ramadan festival
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SEA Ltd and Petronas Among Firms Seeking Malaysia Digital Bank License
As Malaysia prepared to modernize its financial sector, a wave of corporate interest emerged in the country’s digital…
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Malaysia Mandates Cashless Payments for All Government Services by 2022
During a Malaysian Institute of Accountants (MIA) conference on 10 June 2021, Finance Minister Tengku Datuk Seri Zafrul…
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Yorkshire and Clydesdale Banks Hit by IT Failure, Wages Delayed
By mid-morning on 6 January, the social media feeds of thousands of Clydesdale and Yorkshire Bank customers were…
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Ant Financial Seeks Digital Banking License in Singapore Market
Ant Financial, the Chinese payments company recognized as the world’s most valuable financial technology firm, has submitted an…
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Dutch Banking Giant ING Agrees to €775 Million Settlement
In a significant move on September 11, 2018, it was disclosed that ING Groep NV, a renowned Dutch…
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CoreWeave’s GPU-backed debt fuels AI growth but triggers bond market fears
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Wall Street Reassesses AI Valuations as Market Wobbles Highlight Debt Risks
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Anthropic Delays IPO as Gartner Data Shows AI Costs Outrunning Projected Revenue
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Nidec Machine Tool Launches MVR-5X Double-Column Five-Axis Milling Machine
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AppLovin Hit With Securities Class Action Over Alleged Misstatements on AI Model Strength
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Asian Stocks Mixed as Investors Weigh Nvidia Fallout and Leadership Exit
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Tether Gold’s KPMG Audit Sets New Verification Standard for Tokenized Commodities
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US Market Volatility Persists as Investors Debate if Tech Selloff Has Bottomed
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Nvidia shares fall 3% as traders open $9.1M short on Huang spy scandal
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Japan Tobacco’s 272-yen dividend at risk as Putin seizes Russian assets, stock crashes 19%
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How European Airlines Use Financial Hedging to Weather Surging Fuel Costs
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How the Century-Old Jones Act Shapes Fuel Costs and Regional Shipping in Hawaii
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How Router Failures and Outdated Tech Triggered the Nationwide FAA Ground Stop
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Why Soaring Jet Fuel Costs and Surging Demand Mean High Airfares Are Here to Stay
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Private Equity Takeover of easyJet Risks Higher Fares and Service Cuts
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Copper Faces Tug-of-War Between Macroeconomic Headwinds and Structural Shortages
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Inside Archer-Daniels-Midland’s Strategy for Scaling Global Agribusiness
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How Shifting Macroeconomic Conditions Are Reshaping Global Commodity Market Allocations
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China’s New Trade Corridors: How State-Backed Buying Bypasses U.S. Commodity Suppliers
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How Nigeria’s Lithium Factories Could Reshape Africa’s EV Battery Costs and Energy Security