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Fintech’s Power Grab — in The New York Times

Bank Innovation

The New York Times covered the subject — and the word — in depth yesterday, in a special section called “Fintech’s Power Grab.” Ok, it’s safe to say fintech has hit the big time. ” The lead item, by Andrew Ross Sorkin of CNBC fame, focuses on the fintech challenge to Read More.

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Restaurant Ordering Apps, Cloud Technology, Cash Hoarding Top This Week’s News

PYMNTS

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have deep dives into in-house restaurant ordering apps and cloud technology, as well as a report on banks running short on large bills amid the coronavirus crisis.

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DOJ, State AGs To Meet On Antitrust Suit Against Google

PYMNTS

Department of Justice (DOJ) is putting the finishing touches on its antitrust lawsuit against Google that could be filed as early as this week, sources told The New York Times. The four tech giants defended their massive sizes and various purchases as competitive and not indicative of a squaring-off of parts of the market.

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Regulators’ Probes, Looming Lawsuits Target Facebook Over Antitrust Issues

PYMNTS

3) that virtual reality startups are accusing Facebook of muscling out the competition in that up-and-coming technology. Facebook is accused of using its market power to keep out companies that offer competing games and services. Bloomberg reported Thursday (Dec. Earlier this week (Nov. Reuters reported Wednesday (Dec.

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L’Oréal, Instagram Lead Late-Year Social Commerce Push

PYMNTS

“So it’s no surprise that Instagram is making moves to replicate TikTok’s most popular features — especially in areas where TikTok hasn’t already amassed a strong foothold, like Brazil,” says social media fan site Later. “In In practice, that means turning customers into influencers via a social selling technology platform.

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Personalizing Travel Planning With Artificial Intelligence Chatbots

PYMNTS

Some entrepreneurs come across an emerging technology and find a new way to apply to it to everyday problems. ikonis then saw an opportunity with the new technology for machine learning and language processing, which powers personalization. These consumers use social media heavily and are chat app users.

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Pixlee Lets Retailers Market Using Real Customers’ Photos

PYMNTS

Pixlee , a San Francisco-based startup, allows retailers or brands to market directly to customers by using their own photos through curating them from social media or having the customer directly submit them for use, which the company says leads to a more authentic and engaging shopping experience for consumers.