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Airline Recovery Stalls Amid COVID-19 Uptick

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presentation the news outlet obtained. The most severe declines are in New York, New Jersey and Connecticut — three states that have imposed new restrictions on travelers amid a resurgence in COVID-19 cases, the news outlet noted. On July 6, 755,555 travelers passed through U.S.

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Bitcoin Daily: Crypto Malware Targets Oracle Servers; Bill Could Restrict Crypto Activity In India

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In other news, Fireblocks , a platform for securing digital assets in transit, announced that it has secured $16 million in Series A funding from Cyberstarts, Tenaya Capital, Eight Roads (the proprietary investment arm of Fidelity International), Swisscom Ventures and MState.

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OTT Pay Teams With Canada’s Wonderland; Citcon Raises $5M In Series B Funding

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Welcome to The Axis, your late look at payments news from around the world. Coverage includes OTT Pay ’s tie-up with Canada ‘s Wonderland to offer new mobile payment options. Cross-border mobile payment solution provider Citcon reportedly notched $5 million in Series B funding, Xinhua reported. billion (80.1

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The Four COVID Personas, Part 4: ‘Office Shifters’

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PYMNTS’ COVID-19 report series began in March as population lockdowns and bad news dominated the headlines. Office shifters plan to use digital shopping options more than other consumers after the pandemic has passed,” The Great Reopening: Shifting Preferences noted.

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NY At Key Point In SMB Borrower Protection Fight

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It has already passed two assembly committees, with some expecting the bill to be moved to a vote before the end of the state legislative session on June 19. “I’m hopeful that Albany will act on this issue,” said New York Senator Brad Hoylman in a statement last week. “These guys are ruthless and relentless.”

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Bitcoin Daily: FinTech Outpaces Blockchain In 2018 VC Funds; Chainalysis Raises $30M For Expansion

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The company noted that it still needs to gain approval from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market, which issued regulations for crypto exchanges last summer. If it passes, Bithumb’s UAE exchange could launch around the middle of the year. Bithumb has certainly been busy.

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Chime, Challenger Banks And The Challenges Of (Lofty) Valuations

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What shall we make of private fundraising rounds that make valuation leaps, tacking on billions of dollars with each new capital raise? News about Chime ’s latest funding round might give pause when comparing the tech-savvy upstart’s valuation against some traditional banking players. billion, as CNBC reported. With the $14.5