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Revolut Likely To Apply For US Bank Charter

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billion as of a funding round from last February, and the company is one of the new kinds of financial institutions operating in the digital realms and seeking to become a traditional institution. Revolut's bank charter will be with California, but it will allow the bank to operate anywhere in the U.S., Revolut is valued at $5.5

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Avanti Plans Real-Time Settlement Solution For Corporate Treasurers

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Avanti Financial Group said in a press release that it has received permission from the Wyoming Division of Banking to begin operating in the state as a bank as early as October and plans to offer a real-time settlement solution for corporate treasurers. Avanti made its Wyoming intentions clear in February.

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Deep Dive: How Artificial Intelligence Makes QSRs Smarter

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AI is also working behind the scenes at restaurants to make daily operations more efficient, reducing the potential for human error and shaving precious seconds — or even minutes — off average turnaround times. The value of the global self-service kiosk market is expected to grow by $2.05 Behind-the-scenes AI capabilities.

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Bitcoin Daily: Binance Sells Its Users’ Altcoins, Bitcoin Dives As Cryptos Caught In SEC Crosshairs

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The price of the marquee name in cryptocurrencies dipped as low as $9,450 in intraday trading when the Securities and Exchange Commission (SEC) announced there were “potentially unlawful” systems operating that allow the trading of cryptocurrencies. As of 7:48 p.m., the price of bitcoin was $9,929.11. 23, Coindesk reported.

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Boosting Access To Financial Services In Brazil

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Identity Devices also formed a recent multi-year partnership with Fingerprint Cards (FPC) that aims to enhance the security of the Internet of Things (IoT) ecosystem with biometrics, increasing the use of biometrics in IoT and financial technology markets. About the Tracker.

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Retail’s Voice-Assisted, Meatless Summer

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Perhaps the most unexpected development to emerge during this past summer of retail was the frenzy sparked by the introduction of meatless menu items by fast-food operators. The subscription commerce wars kept raging, and new operations and businesses entered the market or tweaked their models. New Subscription Push.

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Deep Dive: Digital ID Developments From Around The World

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Several markets are beginning to deploy or have already introduced biometrics to their national identification systems for a wide range of purposes. The Maldivian government launched a biometric, electronic passport in 2016 to help its immigration agencies deliver secure and efficient border security operations.

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