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Financial News
Pymnts
2w
26
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iWallet Begins Offering Voice AI Payments
- Digital payment solutions provider iWallet is adding voice artificial intelligence technology to its payments offering.
- The new technology aims to provide a seamless payment experience and improved security for customers.
- iWallet is the first to debut a PCI-compliant telephone order (TO) AI-based system using voice instead of manual entry.
- The inclusion of AI for payments saves time and money for businesses and enhances customer satisfaction.
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Pymnts
2w
204
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Tractor Supply Finalizes Purchase of Pet Pharmacy Allivet
- Rural lifestyle retailer Tractor Supply Company has finalized its acquisition of online pet pharmacy Allivet.
- The acquisition expands Tractor Supply's total addressable market by $15 billion to $225 billion.
- Allivet provides prescription and over-the-counter pet medications and has a 'PetRx-as-a-Service' platform.
- Tractor Supply aims to offer value-oriented pet and animal prescription services to its customers.
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TechBullion
2w
282
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Ripple’s XRP to Expand Multichain Functionality on Colle AI (COLLE)’s AI-NFT Platform
- Colle AI (COLLE), the multichain AI-NFT platform, is integrating Ripple's XRP to enhance its multichain functionality.
- The integration of XRP enables faster and cost-efficient NFT transactions on Colle AI, providing unparalleled speed and efficiency.
- Colle AI's AI-powered NFT tools will benefit from XRP's scalability, reducing transaction costs and enhancing creative and trading capabilities.
- The inclusion of XRP positions Colle AI as a leader in the AI-NFT space, driving the adoption of multichain solutions.
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TechBullion
2w
278
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On-Chain AI Platform Atua AI (TUA) Leverages Ripple XRP for Decentralized Innovations
- On-Chain AI platform Atua AI (TUA) integrates Ripple's XRP to enhance decentralized functionality and scalability.
- The integration enables seamless and cost-effective cross-border payment capabilities for enterprises using AI-driven tools on-chain.
- Atua AI aims to revolutionize enterprise operations by combining AI and blockchain technology for enhanced user experiences.
- The partnership with Ripple strengthens Atua AI's position as a leader in AI-powered enterprise innovations.
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TechBullion
2w
8
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A Comprehensive Guide to Buying the Right Safety Vest for Work
- Understanding the specific requirements of your workplace is the first step in purchasing a safety vest.
- Visibility is crucial, and safety vests must meet ANSI compliance standards.
- Consider the material, features, and size to ensure comfort and functionality.
- Invest in reliable suppliers that provide ANSI-compliant vests tailored to your needs.
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TechBullion
2w
217
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Role of FinTech in Enhancing Social Welfare Programs
- Financial technology (Fintech) has played a significant role in streamlining the distribution of social grants in South Africa, ensuring efficient and secure payments
- Fintech solutions not only improve payment efficiency but also reduce administrative burdens
- With over 17 million people relying on the Social Relief of Distress (SRD) grant, efficient distribution is essential for these vulnerable populations
- Mobile banking apps, digital wallets, and secure payment gateways have introduced automated systems, secure platforms and mobile access, improving grant distribution in South Africa
- Fintech platforms have automated the grant approval and payment process, reducing delays and errors caused by manual intervention effectively
- Fintech solutions allowed beneficiaries in remote and rural areas to access their payments without needing to visit physical branches, saving time and reducing travel costs
- AI-powered fraud detection tools can identify suspicious activities, while blockchainensures transparency in financial transactions
- Education and awareness campaigns are needed to teach beneficiaries how to use digital tools effectively and promote confidence in fintech tools
- Govt. must create policies that encourage fintech innovation and collaboration, while fintech companies must ensure platforms are user-friendly, even in areas with limited infrastructure
- Fintech can ensure that every eligible citizen receives their grant efficiently and securely by making the process more accessible and transparent
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Pymnts
2w
30
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Chopra: Regulators Must Do More to Ensure Investment Managers Aren’t ‘Improperly Influencing’ Banks
- Rohit Chopra, member of the FDIC board of directors and director of the Consumer Financial Protection Bureau (CFPB), stated that recent actions taken by the FDIC will help prevent investment managers from improperly influencing decisions made by FDIC-supervised banks.
- Chopra highlighted the ownership stakes of large investment managers like BlackRock and Vanguard in both commercial enterprises and banks, noting that their involvement is often portrayed as 'passive'.
- The FDIC released an amended advisory opinion stating that passive asset managers cannot have a representative on the board of directors of a bank in which they have a significant ownership stake.
- The FDIC also entered into an investor passivity agreement with Vanguard, aimed at ensuring the company remains passive in its ownership of FDIC-insured banks.
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Pymnts
2w
126
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Vacasa Merges With Fellow Vacation Rental Firm Casago
- Vacation rental property management companies Casago and Vacasa are merging in a $128.6 million deal.
- The combined company will become a private company, expected to be finalized in 2025.
- Vacasa has struggled since going public, with revenue down 17% year over year.
- Roofstock, a property-tech platform, plans to invest in and provide strategic guidance to the combined company.
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TechBullion
2w
256
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These 4 Cryptos are on the Verge of Explosive Growth- Don’t Miss Your Chance for Exponential Returns
- Identifying the best cryptos for exponential returns is key to capitalising on the dynamic shifts within the space. Qubetics ($TICS), Ondo, Quant, and Immutable X are four standout cryptos that are poised for exponential growth.
- Qubetics is revolutionising blockchain development by addressing real-world problems, scaling effectively, and attracting a growing user base. Its QubeQode IDE integrates AI-driven tools to assist developers in building blockchain solutions and accelerating the pace of innovation.
- Ondo is focused on bringing professional-grade yield and risk management solutions to the DeFi space, making it more accessible and stable. Its protocols are designed to offer users the ability to generate yield while managing risk in an unpredictable market.
- Quant’s Overledger technology connects different blockchains, enabling seamless interaction between disparate networks. It allows companies to connect private and public blockchains and legacy systems, making it a valuable tool for businesses.
- Immutable X is offering a scalable solution for NFT creation and trading without high gas fees typically associated with Ethereum. It’s well-positioned to capture a significant portion of the NFT market share and foster greater adoption across the board.
- These four cryptocurrencies present compelling investment opportunities for those looking to capitalise on exponential returns in the crypto market. Their solid use cases, growing partnerships, and strong market potential make them stand out as the best cryptos for exponential returns.
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TechBullion
2w
326
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A Trillion-Dollar Coin Reimagined for the People
- The 1T CTO (Trillion Dollar Coin) project has launched, reimagining the concept as a decentralized, community-driven initiative.
- Originally proposed to bypass the U.S. debt ceiling, the trillion-dollar coin idea has been widely debated and criticized.
- The 1T CTO is an Ethereum-based token representing collective action, creativity, and decentralized finance.
- The project aims to transform the trillion-dollar coin concept into a grassroots movement for shared ownership and financial reimagination.
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Pymnts
2w
409
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Report: BlackRock’s Record ETF Offering Helped Bitcoin Hit $100K
- BlackRock's bitcoin exchange-traded fund (ETF) known as IBIT has achieved unprecedented growth, surpassing $50 billion in assets and becoming the fastest ETF to reach this milestone.
- BlackRock's embrace of bitcoin ETFs has played a significant role in pushing the cryptocurrency's price above $100,000 for the first time.
- The approval of bitcoin ETFs by the Securities and Exchange Commission has been seen as a turning point for the cryptocurrency sector, opening it up to a broader range of investors.
- The year 2021 has been monumental for cryptocurrency, characterized by regulatory clarity, technological advancements, and increasing institutional interest.
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TechBullion
2w
4
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UNU Coin from Slusncoin Exchange Gains Strong Endorsement from Wall Street Institutions, Promising Bright Prospects
- Slusncoin Exchange's UNU Coin has gained strong endorsement from Wall Street financial institutions due to its market performance, potential for price growth, and technical advantages.
- Slusncoin Exchange is recognized for providing efficient and secure cryptocurrency trading services, operating in 70 countries with over 6 million active users.
- UNU Coin has demonstrated stability and resilience in the market, with upgrades in technology and application scenarios further enhancing its investment value.
- UNU Coin's innovative technology, low-cost transactions, and market competitiveness position it as a key player in the future of crypto-based payments.
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TechBullion
2w
147
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KLING AI Updates Image Generator KOLORS 1.5: ‘AI Model’ feature is available
- KLING AI has launched the latest AI image generation tool KOLORS 1.5.
- The new version introduces the 'AI Model' feature for generating high-quality virtual models.
- The update improves image composition, light, shadow, and portrait aesthetics.
- KLING AI provides quick setup options and 'Hints' to easily generate AI models.
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Pymnts
2w
304
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Vivid Seats Reportedly Eyeing Sale of Online Ticketing Platform
- Online ticketing marketplace Vivid Seats is reportedly exploring a sale after receiving takeover interest.
- The company is working with an advisor to determine potential buyer interest, including private equity firms.
- Vivid Seats went public in 2021 and its stock was up by 20% after falling 40% over the past year.
- The younger generation's prioritization of experiences and spending on events is expected to support the ticketing industry.
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Pymnts
2w
230
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Don’t Like the Weather? New Startup Makes Outdoor Events a Safe Bet
- Sensible Weather has partnered with Ticketbud to offer a Weather Guarantee service for outdoor event-goers.
- Attendees can protect their ticket purchases against weather disruptions and receive up to 100% reimbursement.
- The process is simple: ticket-holders add the Weather Guarantee during checkout and receive automatic refunds if weather conditions meet the guarantee criteria.
- Sensible Weather leverages digital tools to enhance the customer experience and plans to further integrate with event platforms in the future.
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