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“Data is the new oil” is a long-overused cliché. But like oil, data can be refined and structured. Like clichés, data can always be applied in relevant contexts.
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And quality data, which has always helped grease the wheels of commerce, is now helping finance teams and chief financial officers (CFOs) build real-time back-office systems that can move at the speed of...
Cryptocurrency exchange Coinbase has launched another installment of its Stablecoin Bootstrap Fund.
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The fund, announced Tuesday (Aug. 12), follows the 2019 debut of the initial fund, aimed at helping decentralized finance (DeFi) developers establish liquid marketplaces.
The new fund will be overseen by Coinbase Asset Management (CBAM), with its first placements on Aave...
Google unveiled a series of payments updates aimed at online shoppers.
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The new features are meant to give consumers “added choice, convenience and value — whether it’s for an everyday purchase, a big-ticket item or an international money transfer,” according to a Tuesday (Aug. 12) company blog post.
Among the offerings is an expansion of Google’s pay-over-time options,...
President Donald Trump said Tuesday (Aug. 12) that Goldman Sachs and CEO David Solomon should replace the bank’s chief economist and disputed the bank’s predictions about the effects of U.S. tariffs.
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“They made a bad prediction a long time ago on both the market repercussion and the tariffs themselves, and they were wrong, just like they are wrong about so much else,”...
Stripe is reportedly developing a new blockchain in partnership with cryptocurrency-focused venture capital firm Paradigm.
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That’s according to a report Monday (Aug. 11) from Fortune, citing a job posting on a site for the crypto lobbying group Blockchain Association.
“Tempo is a high-performance, payments-focused blockchain,” the posting said, advertising for a product...
DCL Logistics has expanded the capabilities of its fulfillment platform for eCommerce brands by embedding an artificial intelligence (AI)-powered shipping engine called SelectShip.
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SelectShip simplifies parcel delivery by automating shipping decisions and optimizing each order for speed, cost and reliability, the third-party logistics (3PL) provider said in a Tuesday (...
Cardinal Health’s multi-specialty management services organization (MSO), The Specialty Alliance, plans to acquire urology MSO Solaris Health.
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Cardinal Health will enable the acquisition by providing about $1.9 billion in cash to The Specialty Alliance and will own about 75% of The Specialty Alliance after the acquisition of Solaris Health, Cardinal Health said in a...
Nuvei says it is employing stablecoin rails to expand its global money movement capabilities.
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This expansion will allow for faster and more cost-effective payouts to bank accounts, including in emerging markets where traditional infrastructure can cause delays and inefficiencies, the Canadian FinTech said in a Tuesday (Aug. 12) news release.
“By leveraging stablecoin...
European car exporters are wrestling with uncertainty surrounding American tariffs despite a recent trade deal.
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That’s according to the CEO of Wallenius Wilhelmsen, operator of one of the world’s biggest car-carrier fleets, who discussed the issue in a Tuesday (Aug. 12) interview with Reuters.
The U.S. and European Union reached an accord last month that set a 15%...
Anthropic on Tuesday (Aug. 12) said it would offer its Claude chatbot to all three branches of the U.S. government for $1 per agency for one year.
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The offer echoes a similar $1 deal OpenAI unveiled a week ago. But OpenAI’s offer was only available to the federal executive branch. Anthropic covers all three branches: executive, legislative and judicial.
“America’s AI...