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Google Quits Cookies As Data Privacy Regs Show Fangs

PYMNTS

Looks like the digital advertising and marketing sectors are in for a reckoning. The European Union (EU) has levied $126 million USD in fines in that brief time, the biggest against Google at $57 million. That sum is more like a friendly reminder to Google, which did $40 billion in revenue in Q3 2019. Merchants Waiting It Out.

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New Payment APIs, Tez Growth, Mobile Expansion Could Point to Bigger Fintech Ambitions for Google

Bank Innovation

EXCLUSIVE— Is Google looking to become a fintech power? The company, which reported strong results for its third quarter yesterday, seems to be expanding its focus on finance, specifically on platforms that integrate or otherwise support payments and mobile technologies in its many markets.

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Driving Corporate Card Innovation With Collaborations, Card Issuing Platforms

PYMNTS

This week’s commercial card innovation tracker finds a tie-up between a FinTech and a neo-bank to make cards available for Google Pay, as well as a Tokenization-as-a-Service offering from a card issuing platform. FinTech firm Nium has teamed with Southeast Asia neo-bank Aspire to enable a mobile payments feature with its cards.

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Meet Innovators Selected for Google Exchange Program in the Leading FinTech Market in LATAM

Let's Talk Payments

In October, in addition to its resident startups, the Google Space Campus São Paulo will house a group of FinTech startups selected for the first edition of Campus Latam Exchange.

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Google's Former CEO Schmidt Invests In New $111 Million EU Tech Fund

PYMNTS

Former Google CEO Eric Schmidt is among the backers of a new $111 million European early-stage venture capital fund, according to CNBC. London's financial services market, set for tumult no matter what with the advent of Brexit, has been further roiled by the pandemic, PYMNTS reported.

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JPMorgan Poaches Google Exec For AI Innovation

PYMNTS

JPMorgan Chase has hired a senior executive from Google as its new head of artificial intelligence (AI) and machine learning services. According to a memo obtained exclusively by CNBC , Apoorv Saxena, Google’s head of product management for cloud-based artificial intelligence, will be joining JPMorgan on Aug.

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Movers and Shakers: Notable March Hires in Fintech and Digital Banking

Bank Innovation

Growth is the name of the game for this month's notable hires in digital banking and fintech. On one hand, a major FI like Spanish bank Santander hired a former Google executive to create new products, while smaller fintechs are opening up shop in new markets to drive growth.