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Embedded Finance to Account for More than 10% of All US Transactions by 2026
In 2021, US consumers and businesses poured US$2.6 trillion in transactions through embedded financial services, a sum that represents nearly 5% of all US financial transactions, according to a new report by Bain Capital and Bain & Company. By 2026,
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MoneyGram Is Now Haas F1 Team’s Title Sponsor in 2023 and Beyond
Digital payments company MoneyGram is now Haas F1 Team’s title sponsor for the 2023 season and beyond, with the new “MoneyGram Haas F1 Team” brand to take effect next year. The Haas F1 Team is a a fan favorite and
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Nubank Launches Its Own Cryptocurrency on the Polygon Blockchain
Latin American challenger bank Nubank announced the creation of Nucoin, its own cryptocurrency on the Polygon blockchain network, set to be launched in the first half of 2023. The token, developed with Polygon’s support, will be part of a rewards
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TripActions Raises US$150M at US$9.2B Valuation as Business Travel Recovers
Travel expense management platform TripActions has raised a US$300 million Series G at a US$9.2 billion post-money valuation. The raise is a combination of US$154 million in equity and a US$150 million structured capital transaction led by Coatue. The announcement
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Apple Card Partners With Goldman Sachs to Offer Savings Account Feature
Apple has partnered with Goldman Sachs to provide Apple Card users with a savings account where they will be able to automatically deposit their Daily Cash cashback rewards. Apple Card users will be able to set up, manage and monitor
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Oracle NetSuite Launches Accounts Payable Automation With HSBC
Oracle NetSuite has launched a solution which embeds HSBC’s banking services in NetSuite’s cloud enterprise resource planning system to allow vendor payments to be made from within the platform. The new NetSuite AP Automation solution is said to shorten accounts
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