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TymeBank Boosts Business Banking

“Small business owners will benefit from access to turnover-based finance provided by SME funder Retail Capital, along with new offerings like a mobile POS app and a financial community platform, as TymeBank bolsters business banking offering…Business customers will have access to a new offering called TymePOS, a mobile point-of-sale app that turns an NFC-enabled cellphone […]
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‘Buy Now, Pay Later’ is Finding a New Avenue for Growth

“The tumbling valuations of consumer-facing “buy now, pay later” companies in public and private markets suggest investors are losing confidence in the sector. Who can blame them, in a tottering economy? But some investors are still bullish on pay-later — if the customers are other businesses. Business-to-business “buy now, pay later” startups are on the […]
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Frictionless Shopping Is Here. YouTube and Instagram Join TikTok With New Social Commerce Tools

“This month, both Instagram and YouTube unveiled new tools that aim to help users make sales directly on their social media platforms — removing the need to shop at a brand’s own website or retailer’s online store. With the more seamless check-out options, presumably consumers will have fewer barriers to buy, and that can lead to more sales.  […]
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Why Buy Now, Pay Later Can Cost Much More Than a Credit Card

“Buy now, pay later is often touted as a cheaper alternative to credit cards, but new research shows these platforms can actually end up costing more. BNPL platforms such as Afterpay, Humm and Zip Pay have quickly become a mainstream product in recent years, helping Australians pay for everything from groceries to child care. With the rising […]
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BNPL Service Set to Change in Australia – All You Need to Know

“Buy-now-pay-later companies have had a rollercoaster ride since they rose to power during the early days of the pandemic. After quickly garnering public attention, BNPL firms came under the scanner for the lack of regulation seen in the sector…Minister Jones highlighted that BNPL services should be considered a part of the credit ecosystem as they […]
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Central Banks Face Key Decisions on Digital Currency, Says BIS

“Central banks will have to make “fundamental” decisions on cross-border access for a digital version of their currency to serve as a means of payment effectively, a committee at the Bank for International Settlements said on Monday. “Central banks must make critical choices on the access of non-residents and foreign financial institutions to central bank […]
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Paxos Leads Digital Asset Industry by Becoming First Issuer to Disclose Full Monthly Reserve Holdings Backing USDP and BUSD Regulated Stablecoins

“Paxos, the leading regulated blockchain infrastructure platform, has disclosed the specific financial instruments backing its regulated stablecoins USDP and BUSD. Moving forward, Paxos will provide these detailed disclosures on a monthly basis in addition to its attestations. These reports provide the CUSIP of all instruments backing USDP and BUSD, showing that Paxos only backs its […]