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Synchrony Says Erroneous Email Not Tied To Data Breach

PYMNTS

Synchrony Financial said a message was erroneously sent to customers about an Amazon.com card and that a data breach had not occurred, according to a report by Reuters. The company has a partnership with Amazon in which it lends to customers with low credit scores. On Monday (Nov. Synchrony said it was a mistake. “We

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PayPal Teams With ebizmarts To Integrate With Magento

PYMNTS

According to news from Mobile Payments Today , under the partnership, PayPal’s mobile card product will be combined with ebizmart’s mobile app Magento. PayPal said when combined, the technology can help retailers synchronize online inventory with products in stores.

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Finance in motion— $1B moved for $0.02

Lex Sokolin

fee on Binance, $600M of Tether printed, $200M in DeFi lending This is what it looks like, this change in the atmosphere, the fireflies all lighting up as the night comes in. The first is that in the web of investment bank technology, there are 20 or more core vendors on which systems run. Finance in motion— $1B moved for $0.02

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Companies ‘Pivoting To Blockchain’ See Huge Stock Spikes — But Does The Hype Hold Up?

CB Insights

When it comes to blockchain technology, there’s a lot of hype. Ziddu focuses on blockchain-backed solutions that offer microfinance lending against collateralized commodities in the form of Ziddu Coins — in other words, blockchain-based technology that could hypothetically make it easier for LongFin to collect collateral from borrowers.

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Fintech Fundings: 35 Companies Raise $470 Million the Third Week of June

Fintech Labs Insights

Credit card payoff loans. Shanghai Suntime Information Technology. HQ: Wilmington, Delaware. ClearTax (ClearSharp Technology). Tags: Institutions, banking, payments, lending. HQ: Shenzen, China. Source: FT Partners. Latest round: $46.76 million Series C. Total raised: $71.56 HQ: Costa Mesa, California.

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Banking Is Only The Beginning: 30 Big Industries Blockchain Could Transform

CB Insights

Bitcoin and other virtual currencies are made possible by what’s known as blockchain technology. As startups use blockchain to drive greater transparency and veracity across the digital information ecosystem, they’re boosting awareness of the technology in sectors ranging from payments to public policy. Cybersecurity.