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Despite Caps On Ridesharing In NYC, Uber And Lyft Have Biggest Month Ever

PYMNTS

And in data collected in August, the two ride-hailing companies combined made more pickups per month than taxis did in any month since the data began being analyzed in 2009. Blogger Todd Schneider found that in February 2017, ride-hailing services made 65 percent more pickups than taxis did.

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Square Strategy Teardown: From IPO Downround To $13B Fintech Bank Of The Future Contender

CB Insights

Square launched in 2009 with an initial product that enabled sellers to accept card payments using a smartphone-attachable magnetic stripe dongle. Since then, Square (NYSE: SQ, Mkt Cap: $13.7B) has evolved its product and service line into a much broader suite, encompassing small business loans, payroll, food delivery, P2P payments, and more.

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Manufacturers Loosen Budgets To Make Tech Upgrades

PYMNTS

manufacturers dropped in May to its lowest level since May 2009. Typically, the company spends $226 million on cap expenditures, Rajkowski said. The Wall Street Journal reported companies such as Xylem Inc., the New York water technology company, SPX Flow Inc. You have to be ambidextrous,” he said.

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Bitcoin Halving to Strengthen the Crypto’s Longevity as Industry Reveals Impact of the Event

The Fintech Times

When Bitcoin was initially introduced in 2009, each time a miner added a new block to the blockchain, they were rewarded with 50 BTC. Especially as it has a limit of 21 million, and the more people want to mine it, the sooner it will hit this cap. However, this high of a reward was unsustainable going forward.

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BNPL Regulations: Systematic Transformation of Finance

The Fintech Times

The proposed regulatory changes would bring BNPL services under the purview of the National Consumer Credit Protection Act 2009, treating them as credit and necessitating BNPL providers to obtain an ‘Australian Credit License’ issued by the Australian Securities and Investment Commission.

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Finovate Global New Zealand: Business Banking, Wealthtech, and Cross-Border Payments

Finovate

” Headquartered in London and founded in 2009 by a pair of Spanish engineers, Ebury serves primarily SMEs and mid-cap companies with payments, collections, and foreign exchange services in more than 130 currencies.

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Weird Commerce: Custom Billboard Hats, Featuring Patented Dry-Erase

PYMNTS

That attitude can also be expressed through a quirky baseball cap called a Custom Billboard Hat, fit with a dry-erase board on the front of the hat’s crown and detachable marker for writing on the board. The caps are now sold under the Billy Bob Products umbrella for about $15. It’s a conversation starter.”.

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