November, 2024

November, 2024

Stablecoins Hit Record $190 Billion on X-Border Payment Optimism
Stablecoins have achieved a record market value amid optimism about their use in cross-border payments. The market capitalization for the digital, dollar-pegged currencies has jumped 46% this year to ...

Temu and Shein’s Black Friday Marketing Heft Pressures Other Retailers
The marketing might of two online retailers might mean a bleak Black Friday for rivals. As Reuters reported Wednesday (Nov. 27), digital marketing spending by eCommerce firms Shein and Temu is ma...

UK’s FCA Seeks Comments on Streamlining Investor Protection Rules
The United Kingdom’s Financial Conduct Authority launched a consultation on proposals to transfer firm-facing requirements of the Markets in Financial Instruments Directive Organisational Regulation...

Luxury Brands Shed 50 Million Customers as Prices Climb
Luxury brands have shed roughly 50 million customers over two years as shoppers seek lower prices. A report Wednesday (Nov. 27) by The Wall Street Journal — citing data from consulting firm Bain�...

How True Religion’s Data-Driven Approach Powers Customer Loyalty and Holiday Campaign Success
To say True Religion, once a symbol of luxury in the early 2000s, has had its ups and downs in recent years would be an understatement. It faced a steep decline as consumer tastes and styles shifted a...

SoftBank Reportedly Eyeing $1.5 Billion OpenAI Stock Purchase
SoftBank reportedly wants to purchase $1.5 billion in OpenAI stock. It’s part of an effort by SoftBank Group CEO Masayoshi Son to strengthen the company’s stake in OpenAI and position it as an ...

Margarita Finance Raises $1 Million in Pre-Seed Funding, Targets Structured Finance Market
Margarita Finance has raised $1 million in pre-seed funding to target the structured finance market, according to a statement by the firm. The Zurich-based Fintech received the backing of Tomahawk VC,...

The British Business Bank Pursues Social Impact with ENABLE Funding Program
The British Business Bank says it has launched the ENABLE Funding (CEF) program that aims to increase funding to the social impact sector. The Bank states that the initiative is primarily seeks to ass...

Fintechs Comment on FCA’s Crypto Roadmap
The UK initially expected to reveal new rules to manage the burgeoning stablecoin sector of digital assets this year. In recent days, the UK government revealed that stablecoin rules were being pushed...

RWAs: OpenTrade Raises $4 Million in Seed Funding to Build Asset Backed Lending, Stablecoin Products
OpenTrade has closed on a $4 million “Seed extension round” as it seeks to build out real-world asset-backed lending and stablecoin yield products. The funding was led by AlbionVC, with a16z Crypt...

January

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B&T Television

January