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Shopify Teams Up With Coinbase, Stripe To Roll Out USDC Stablecoin Payments For Merchants
Friday, June 13, 2025 - 5:38am | 825Tobi Lütke, CEO of Shopify Inc. (NASDAQ:SHOP), said Thursday that the firm has partnered with Coinbase Global Inc. (NASDAQ:COIN) to integrate USD Coin (CRYPTO: USDC), allowing merchants to accept payments in the world’s second-largest dollar-pegged cryptocurrency. What Happened:...
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Trump Administration Veteran Dina Powell, Stripe CEO Join Meta As Mark Zuckerberg Reshapes Company
Monday, April 14, 2025 - 1:09am | 802Meta Platforms, Inc. (NASDAQ:META) announced Friday it will appoint Dina Powell McCormick and Stripe CEO Patrick Collison to its board of directors, effective April 15. The move increased the board's size to 15 members. What Happened: Meta CEO Mark Zuckerberg took to Facebook to share the...
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5 Facts About Canadian Prime Minister Mark Carney: From Bitcoin To Hockey
Monday, March 10, 2025 - 2:51pm | 1241Canada is expected to have a new prime minister with former central banker Mark Carney winning the country's Liberal Party election to replace outgoing Prime Minster Justin Trudeau, who announced his intention to step down in January. Carney has had a fast rise in Canadian politics but also enters...
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Stripe's Payment Surge Puts Adyen, PayPal, Fiserv On Notice - AI, Stablecoins Fuel The Race
Monday, March 3, 2025 - 11:43am | 588Stripe just pulled off a massive growth spurt, and the payments giants should be paying attention. According to JPMorgan analyst Tien-tsin Huang, the private fintech powerhouse processed a staggering $1.4 trillion in volume last year, a 38% year-over-year jump that left competitors in the dust....
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Why TradFi Firms Have 'No Choice' But To Enter Crypto As M&A, Regulations Drive Change
Wednesday, December 18, 2024 - 11:12am | 586Traditional finance (TradFi) institutions increasingly have limited options: adapt to digital assets or risk falling behind. At the recent Benzinga Future of Digital Assets conference, panelists discussed the forces pushing crypto integration into mainstream markets, including evolving regulations...
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'Trillions Of Dollars Worth Of Assets' Could Move To Blockchain, Says One Insider
Tuesday, October 29, 2024 - 12:22pm | 536The integration of blockchain into traditional financial systems is expanding rapidly. Major institutions such as Citi, JPMorgan and Mastercard are making substantial investments, signaling a potential transformation in finance. Ian Horne, head of content at Money20/20, shared his views on the...
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Cash In A Flash: 10 Fintech Companies Dominating Real-Time Payments
Wednesday, July 24, 2024 - 9:55am | 932The race for faster financial transactions is heating up, and several fintech companies are at the forefront with new real-time payment solutions. These 10 companies are transforming how we handle money, making transactions instant and efficient. As we approach the Benzinga Fintech Deal Day &...
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Coinbase Shares Spike After Company Unveils Stripe Collaboration To Streamline Crypto Payouts
Thursday, June 27, 2024 - 11:57pm | 494In a significant move for the cryptocurrency world, leading digital asset exchange Coinbase Global Inc. (NASDAQ:COIN) and payment processing giant Stripe have unveiled a strategic alliance aimed at enhancing cryptocurrency payment solutions. What Happened: As part of the partnership, Stripe will...
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Inside Elon Musk's Plan To Add Payments To X
Tuesday, June 18, 2024 - 11:05am | 796Elon Musk‘s strategy to transform X into an “everything app” includes integrating a payments network into its core social networking service, according to a new report. What Happened: Although specifics have been scarce, newly revealed documents submitted to state regulators...
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Stripe Makes A Crypto Comeback, Accepts Stablecoins For Online Payments
Friday, April 26, 2024 - 9:56am | 518Stripe is diving back into the world of cryptocurrency, this time focusing on stablecoins for online transactions. What Happened: The payments processing giant announced the news at their annual conference in San Francisco, with co-founder John Collison highlighting the improvements in the crypto...
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Controversial Israel Remarks Unravel Web Summit As Google, Meta Exit: Report
Saturday, October 21, 2023 - 9:25pm | 489Alphabet Inc. and Meta Platforms Inc. have reportedly withdrawn their participation from the upcoming Web Summit conference due to the controversy surrounding comments made by the event's CEO regarding Israel. This move follows similar actions by other tech giants and...
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Wix Now Offers 'Tap to Pay' For Android Customers, Should You Buy The Stock?
Wednesday, September 13, 2023 - 11:34am | 518After providing positive revenue growth targets and analysts continuing to remain bullish on the company’s performance, Wix.com (NASDAQ: WIX) has launched its Tap to Pay service for Android customers now after six months of service to Apple customers. What Happened: Global SaaS platform, Wix....
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How Elon Musk Wants To Make Sure Creators Aren't 'Trapped' On X
Friday, September 1, 2023 - 10:54pm | 834Elon Musk is testing a new feature on X (previously Twitter) that allows creators to retain and directly communicate with their subscribers, promoting platform flexibility and addressing concerns of content creators feeling "trapped." Elon Musk appears to be actively working to...
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Arm's IPO: A Resurgence In IPO Market Or Exception To The Rule?
Tuesday, August 22, 2023 - 1:40pm | 757Arm Ltd, a British chip designer backed by SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF), on Monday filed for its highly anticipated initial public offering with valuations estimated between $60 billion and $70 billion. Arm's IPO is significant when viewed against the backdrop of a year characterized...
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IPO Market Sees Sluggish Recovery From 2022's 'Absolute Radio Silence:' Panera, Instacart, Stripe Among Companies Waiting In The Wings
Friday, July 28, 2023 - 7:43am | 1123As the stock market came back up strongly in the first half of 2023, the market for initial public offerings saw a rebound from an anemic showing in 2022. Activity Picks Up Pace. The U.S. IPO market saw 58 offerings so far this year, up 31.8%, and total proceeds jumped 125.5% to $9.8 billion, data...