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TRM Labs Secures $14M in Series A Funding with Support from PayPal, Salesforce

Coinspeaker TRM Labs Secures $14M in Series A Funding with Support from PayPal, Salesforce On Thursday, June 17, blockchain intelligence and forensic firm TRM Labs announced that it has secured $14 million in a Series A funding round with support from tech giants like PayPal and Salesforce. As per the official press release, Bessemer was leading this funding round. Other partners participating included Blockchain Capital, Jump Capital,...

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Former PayPal Executives Launch Decentralized Cross-Border Payments Network Six Clovers

Coinspeaker Former PayPal Executives Launch Decentralized Cross-Border Payments Network Six Clovers On Tuesday, June 15, former PayPal executives – Jim Nguyen, and Nas Kavian – announced their new FinTech infrastructure platform Six Clovers. Six Clovers is a completely decentralized global payments network connecting merchants, banks, and other payments providers while allowing them to transact digital currencies worldwide....

cryptopotato.com cryptopotato.com

After El Salvador: Paraguay Official Hints at Big Government Project Involving Bitcoin and PayPal

After El Salvador announced plans to adopt Bitcoin as legal tender, an official from Paraguay’s government has hinted at a similar development. The country’s Deputy of the Nation, Carlos Antonio Rejala Helman, suggested that the government will start working on a big project involving the largest cryptocurrency and PayPal. Is Paraguay Next in Line? The cryptocurrency community argued for years that struggling countries from less...

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Apple’s App Store, Main Street SMBs, Behavioral Analytics Top This Week’s News

In this week’s news, the App Store ecosystem facilitated $643 billion in billings and sales last year. Also, new insights have emerged about Main Street small to mid-sized businesses (SMBs) and behavioral analytics. The Weekender is here to catch you up. News Apple’s App Store Facilitated $643 Billion in Commerce in 2020 The App Store ecosystem allowed for $643 billion in billings and sales in 2020, signifying a 24 percent...

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Despite Their Uptake, Micropayment Apps Still Face Trust and Security Issues From Customers

Consumers are banking through more channels than ever before, according to new research released by Verint  (NASDAQ: VRNT), The Customer Engagement Company. Consumers surveyed in March 2021 used an average of 4.1 channels, while Generation X (Gen Xers) banked using an average of 5.3 channels. The study also shows the growing adoption and usage of micropayment apps. The use of micropayment apps has increased since 2020, with twice as...