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Spot Bitcoin ETFs change the digital asset market | Embedded Finance market to be worth $22bn by 2028 | Ripple to launch U.S. dollar stablecoin

Bussman Advisory

This week’s must-know stories in the FinTech, AI and Digital Asset space: Spot Bitcoin ETFs change the digital asset market, attracting billions in inflows Embedded Finance market to be worth $22bn by 2028 Ripple to launch U.S. More information on www.bussmannadvisory.com. dollar stablecoin appeared first on Bussmann Advisory AG.

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Wells Fargo Fallout, New Amazon Payments Top Week’s News

PYMNTS

But before you really sink into your fun and relaxation, allow the latest edition of the PYMNTS Weekender to catch you up on the all the big news from the past seven days. There is that and much more in this new PYMNTS Weekender. And now comes along another bit of news that further drives home that point.

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How Federal Debt May Impact Banking

South State Correspondent

Cyclical changes and their impact on the economy dominate the news and the attention of corporate boardrooms because they are immediate and need to be addressed in real-time. By 2028, debt as a percentage of GDP will reach a historical high of 106% and will reach 200% by 2050.

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Providing Rideshare Drivers, Tour Guides With Innovative Payments

PYMNTS

50 percent: Share of the American workforce that will be made up of gig workers by 2028. And platforms that don’t innovate to support the gig economy’s payment needs will soon find themselves obsolete. All this, Today in Data. Data: $443B: Projected value of the gig economy by 2023. 1.4T: Total value of payments made by U.S.

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Flywire Raises $120M, Acquires Simplee Healthcare Tech Startup

PYMNTS

Tiger Global Management and Adage Capital Management also joined the round as new investors, with participation from existing investors. percent from 2019-2028 and is expected to comprise a $2.5 trillion industry by 2028, according to Boston Consulting Group. The global payments industry is expected to increase at a CAGR of 5.9

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Alibaba Is More Interested In Partnerships Than Acquisitions

PYMNTS

I am more interested in partnerships,” Ma said at a news conference on Alibaba’s Olympic sponsorship deal, when he was asked about his company’s plans for the year. Ma noted that this year, Alibaba is looking to do a lot less buying and a lot more collaborating. “I am not interested in acquisitions.

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First Horizon gives its CEO a pay hike, seeks to retain him until 2028

American Banker

The five-year employment agreement with CEO Bryan Jordan follows a failed acquisition effort by TD Bank. The deal suggests that Jordan is seen as critical as the Memphis, Tennessee-based bank charts an independent course in the coming years.

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