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Blockchain Tries To Jolt B2B eCommerce Into The Digital Age

PYMNTS

The complexities and demands of B2B eCommerce can be significantly greater than those of the consumer digital shopping realm. Overall, B2B eCommerce is stuck in the past, said Inxeption CEO and Co-founder Farzad Dibachi. ” The reliance of B2B eCommerce on EDI technology demonstrates the importance of digital data in the sector.

B2B 78
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Today In Payments: Mastercard To Join China’s $27T Payments Market; Uber, Postmates Lose Bid To Halt Gig Worker Law

PYMNTS

Mastercard Gets Nod To Join China’s $27T Payments Market. China approved Mastercard for a bank card clearing business with its partner, NetsUnion Clearing Group, giving the company access to a $27 trillion payments market. Amazon Expected To Control 70 Pct Of US Smart Speaker Market By Next Year.

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Black Swans Are The Sandbox Of New Innovations

PYMNTS

Telecommuting, online education and moving to a cashless and virtual financial system will likely become the norm,” he told PYMNTS. This most recent black swan is proving that online financial services are a lifeline service.”. I became part of e-Visa, an organization tasked with making Visa USA an eCommerce innovator.

Education 103
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New Report: Mercado Pago On How Mobile Bridges The LatAm Banking Gap

PYMNTS

Open banking is appealing to financial institutions (FIs) and regulators in many markets, even as the pandemic sweeps across the world. Regulators in other regions, including Latin America, are also shaping and announcing plans to enable open banking and better support digital financial systems.

Banking 91
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Navigating China’s New Regulatory Terrain

PYMNTS

Back then, FinTechs asked for forgiveness instead of permission, rushing headlong into markets, disrupting them and operating in newly invented spheres of finance that regulators barely understood. As Chinese eCommerce sellers have found a vast market here, U.S. sellers can also successfully tap into the Chinese market.

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Mastercard, Juvo Team Up To Help Underbanked Build Credit In LATAM, Caribbean

PYMNTS

“Using FiDaaS, financial institutions can rapidly and dramatically expand the addressable market for their services while minimizing risk. Banks face new competitive pressures and commodification of transactional services, and they need to unlock new addressable markets and deliver new services.

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US Challenger SMB Bank NorthOne Lands VC

PYMNTS

In addition, the bank also features software integration with accounting, expense and eCommerce tools. . The bank said it’s going to use the new funding on things like marketing and acquiring new customers, as well as product development and growing its team of engineers. The bank was founded in 2017 by Bensoussan and Justin Adler.

Banking 54