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Mastercard Commits $500M To Boost Black Communities, Businesses

PYMNTS

Mastercard said it will invest $500 million in Black communities across the U.S. The new initiative will include “concentrated investments that will focus on providing Black-owned businesses and Black people access to affordable financial tools and capital,” Mastercard said in a news release.

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At The Money: Concentrated Portfolios

Barry Ritholtz

APPLE EMBED At The Money: Concentrated Portfolios: Andrew Slimmon, Morgan Stanley (May 8, 2024) Are your expensive active mutual funds and ETFs actually active? AndrewToday, we discuss the advantages of concentrated portfolios. Concentrated portfolios are the opposite of bropad market indexes or funds and ETFs.

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Procurement, Digital Banking See VC Funding Rounds

PYMNTS

Venture capital funding rounds this week showed some concentration on the continent, with several announcements tied to Europe. The company provides digital wallet services for these small businesses, and various payment methods — spanning Visa, Mastercard and Alipay, among others — can be linked to EasyEuro accounts. CybelAngel.

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The Dark Side Of India’s New eCommerce Rules

PYMNTS

PwC has estimated that the foreign investment restrictions could shave off $46 billion in commerce done digitally, if bigger eCommerce firms have to retool the way they do business. That request comes in the wake of decisions making it mandatory that Visa and Mastercard store such information inside the country. In tandem, more than 1.1

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Mobike, Masterpass And Riding Toward A Shared Future Of Innovation

PYMNTS

Among that data, he noted, is the ability to see that in most urban areas, the use of bikes is concentrated around a fairly tightly defined area, and much of the task is managing supply in those areas, particularly at peak times. Partnership with Mastercard and What’s Next. sometime soon. It is so flexible, affordable and convenient.

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Tuition Payments Made Intuitive And Even On The Fly(wire)

PYMNTS

Flywire’s success has been based on a few core concentrations, said Massaro – namely pricing, with attendant analytics, which he said give indications of fair and reasonable pricing defined on a market-by-market basis in education (also healthcare). India’s tally here stands at 15 percent, said Massaro.

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Singapore’s Mobile Payments Market Appeal

PYMNTS

Singapore also has a heavily concentrated smartphone population. Moreover, new data from a study recently conducted by Google and Singapore government’s investment arm, Temasek Holdings, shows that southeast Asia’s internet economy is poised for major growth — and is expected to be a $278 billion market by 2025.