Aqpa Boku CEO On Digital Content s New Tailwind
In todays top news, Amazon wants to bring tCommerce to its consumers, the SEC has cautioned investors over SPACs touted by celebrities and Grab could be valued at $40 billion if it goes public via SPAC.Amazon To Enable Purchases From TV Screens Via tCommerce ;Amazon is experimenting with tCommerce 鈥?making content shoppable by allowing the pu
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rchase of goods directly from TV screens while watching programs. The goal, over time, is to connect the Amazon Video ecosystem to the Amazon commerce ecosystem.SEC Raises Caution Flag On Celebrity-Backed SPACsThis week the Securities and Exchange Commission warned
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investors about special purpose acquisition companies SPACs that are touted by celebrities, cautioning that celebrity investment does not mean that the SPAC is appropriate for all investors. Grab Valuation Could Hit $40 Billion If SPAC Talks SolidifySingapores Grab could hit a valuation as high as $40 billion if talks with special purpose acquisition company SPAC Altimeter Capital Management LP solidify into a deal. If a deal is reached it will break records as the largest SPAC merger so far.Nigerias Flutterwave Raises $170M On $1B ValuationAfrican FinTech startup Flutterwave has raised $170 million in a Series C funding round, bringing its total fundraise to $225 million since its launch five years ago. The companys mission is to develop a stre
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amlined pan-African platform that simplified payments for everyone, in a continent with a highly fragmented payments Farn Scouting The Cyberbreach Landscape
Payfone announced that it has secured a $24 million funding round, led by TransUnion.The funding also included participation from existing investors Synchrony, MassMutual Ventures, Massachusetts Mutual Life Insurance Company and Wellington Management.TransUnion and Payfone have also formed a strategic partnership that will leverage their missions and capabilities. For its part, TransUnion will be able to boost its existing IDVision with iovation suite of products through the integration of Payfone Trust Platform and Trust Score, which聽enables businesses to instantly verify customers, while fighting off fraud and cyberattacks in real time.Payfone serves six of the top 10 U.S. financial inst
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itutions, as well as leading healthcare, insurance, technology and retail companies.The fear of identity fraud and cyberattacks holds the digital economy back from its full potential, said Rodger Desai,
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CEO of Payfone, in a press release. For example, in lending, it striking that, today, five times more loan applications are approved in-person than online, despite creditworthiness. With our partnership with TransUnion, we can now leverage TransUnion footprint of more than 30 countries to help expand our T
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rust Score x2122; around the globe, allowing billions of additional consumers to safely access digital services.In addition, TransUnion will become Payfone main partner for regulated identity verification information.We 821