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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. Unlock the Future of Finance: Empower Your Team with Cutting-Edge FinTech & AI Insights!

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Mastercard to implement sustainable payment cards by 2028

The Paypers

Global technology company Mastercard has announced the acceleration of its initiative to eliminate first-use PVC plastics from its payment cards by 2028.

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How Federal Debt May Impact Banking

South State Correspondent

By 2028, debt as a percentage of GDP will reach a historical high of 106% and will reach 200% by 2050. An aging population, higher federal debt as a percentage of GDP, and higher interest rates will change the way community banks view risk, manage relationships, use technology, and generate revenue.

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Flywire Raises $120M, Acquires Simplee Healthcare Tech Startup

PYMNTS

Vertical payments startup Flywire has acquired healthcare technology startup Simplee , while also closing a $120 million Series E investment round led by Goldman Sachs, the company announced on Thursday (Feb. percent from 2019-2028 and is expected to comprise a $2.5 trillion industry by 2028, according to Boston Consulting Group.

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Alibaba Has Big Plans For Olympic Tech

PYMNTS

Chinese tech giant Alibaba has an Olympic sponsorship deal that’s worth hundreds of millions of dollars, and the company said it plans to use its technology to change and improve the way the Olympics operate, according to a report by the Associated Press. We also like to leverage our technology to help transform and upgrade the games.

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Alibaba Promises To ‘Transform And Upgrade’ Olympic Games

PYMNTS

Chinese tech giant Alibaba has an Olympic sponsorship deal that’s worth hundreds of millions of dollars, and the company said it plans to use its technology to change and improve the way the Olympics operate, according to a report by the Associated Press. We also like to leverage our technology to help transform and upgrade the games.

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Funding Round Could Give AvidXchange $2B Valuation

PYMNTS

Investment bank Financial Technology Partners is advising AvidXchange on this fundraising round, according to sources. percent through 2028, according to Boston Consulting Group. This latest fundraising could top $300 million. AvidXchange previously raised $300 million in 2017 at a $1.4 The company announced on Thursday (Dec.