News Platforms 

Adyen keeps focus on organic growth as it launches cards product

“Adyen’s payments platform, which focuses on card acceptance, processing and settlement for online payments, has emerged as a favorite of technophile clients – including Facebook, Uber and Spotify” writes Midwest Communications Inc for 95kqds.com. It will be possible to use Adyen cards online, in smartphone apps or in shops, while they can also be integrated into mobile wallets.BARCELONA (Reuters) – Dutch fintech Adyen’s focus is on organic growth as it launches a virtual and physical card-issuing business to complement payments services it already offers merchants, Chief Financial Officer Ingo Uytdehaage…

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Crypto News Platforms 

Crypto.com Launches New Exchange Eyeing Top-10 Spot Within 5 Years

“Hong Kong-based cryptocurrency platform, Crypto.com, announced the launch of its cryptocurrency exchange on Nov. 14” writes Rachel Wolfson for cointelegraph.com. Notable features of the Crypto.com Exchange include liquidity, competitive trading fees, institutional-grade custody and security, and intuitive experience through what Crypto.com says is a very easy-to-use interface.Moreover, to increase the liquidity of the CRO coin before the mainnet launch, it will be paired with all coins listed on the Crypto.com Exchange.While the Crypto.com exchange will initially support popular cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), EOS, XLM,…

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News Platforms 

Nike ditches Amazon after two years, but its products will remain

“Nike ditches Amazon after two years, but its products will remain Nike has decided to end its pilot program with Amazon, the company has announced, but its products will remain for sale on the platform through third-party sellers” reports slashgear.com. The report alleges that Amazon has been working to established third-party sellers who will continue to offer Nike products for sale on the platform — you just won’t be getting them directly from Nike itself.Nike launched its pilot program in 2017; under it, the company sold some of its products…

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Crypto News Platforms 

Royal Bank of Canada to Open New Crypto Platform

“The Royal Bank of Canada (RBC) is creating a new cryptocurrency platform” writes Nick Marinoff for livebitcoinnews.com. This isn’t the first time the Royal Bank of Canada has dabbled in blockchain or cryptocurrency.This is not a centralized platform, but one similar with everyday crypto exchanges like Coinbase and Binance.The platform being offered by the bank will provide traders with access to standard cryptocurrencies like bitcoin and Ethereum.Canada has also become considerably looser regarding crypto over the past few months, with the region relaxing a lot of its transaction rules. Source: livebitcoinnews.com

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Nike to pull its products from Amazon’s e-commerce platform, ending 2-year pilot program

“Athletic retail giant Nike will stop selling its products on Amazon, ending a two-year pilot program” writes Nat Levy for geekwire.com. Nike had long avoided selling directly on Amazon, but in July 2017 it changed course, announcing plans to offer “a limited Nike product assortment,” on the e-commerce platform. Source: geekwire.com

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Markets News Platforms 

The CEO of Freshworks had an idea 10 years ago when his TV was damaged by movers. Now his startup is worth $3.5 billion and is threatening Salesforce.

“He realized he had to capitalize on this opportunity and started a customer support company called Freshdesk in 2010” writes Paayal Zaveri for businessinsider.com. In 2010, Freshwork’s CEO Girish Mathrubootham saw a massive opportunity to change the way companies do customer support.He added that he thinks there is a better solution where customers don’t need to integrate services on top of a “bare bones” CRM platform. Mathrubootham said the company plans to use the money raised in this round to continue growing before looking towards an IPO.During the move his…

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Crypto News Platforms 

Tron Founder Justin Sun Admits Investment in Crypto Exchange Poloniex

“In October, Sun refuted reports suggesting that he is leading an investment group behind the acquisition of cryptocurrency exchange Poloniex” writes Adrian Zmudzinski for cointelegraph.com. Tron (TRX) founder Justin Sun admitted to being one of the investors that recently acquired cryptocurrency exchange Poloniex from financial technology firm Circle.According to cryptocurrency market analytics platform Nomics, Poloniex is the 11th biggest cryptocurrency exchange by volume, processing $19.5 million over the 24 hours at press time.The website estimates that less than 1% of all the crypto trading volume takes place on Poloniex.Sun said…

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News Platforms 

EToro’s Platform EToroX Lists Dash and Seven Stablecoins

“EToroX, the digital asset platform of social trading platform eToro, announced the listing of privacy coin Dash and seven stablecoins in a press release published on Nov. 12” writes Adrian Zmudzinski for cointelegraph.com. Per the release, eToroX users can now also trade stablecoins backed by the Turkish Lira (TRYX), Polish Zloty (PLNX), South African Rand (ZARX) and Hong Kong Dollar (HKDX) alongside U.S. dollar-backed tokens USDC and Tether (USDT).The addition brings the number of assets tradeable on the cryptocurrency exchange up to 26.Doron Rosenblum, managing director at eToroX, commented: “We…

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News Platforms 

Bank of America’s mortgage tech bets have helped save billions and spark a boom in home lending. here’s how it’s outpacing JPMorgan and Wells Fargo.

“Online lender Ally this spring offloaded its mortgage platform to Better.com while also upping its stake in the startup” writes Alex Morrell for businessinsider.com. And while digital mortgage adoption is surging, the majority of customers are still doing it the old-fashioned way.Before rate cuts were on anyone’s radar, it devoted a chunk of its huge tech budget overhauling its digital mortgage platforms, both internal and external.Residential mortgage origination volumes at Bank of America nearly doubled in the third quarter, from $10.7 billion in 2018 to $20.6 billion.Business Insider talked to…

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