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(via Payments News – from Glenbrook Partners)

On the Web: PayPal co-founder raises $275 million to reinvent credit – "Banks and financial institutions have not created products that serve younger generations in the most efficient way, according to Max Levchin, the co-founder of eBay-owned payments giant PayPal." BitBeat: Day After FinCEN Bombshell, Ripple Labs Addresses Concerns – Wall St. Journal – "Even with these clarifications, questions and speculation will continue to percolate around FinCEN’s dramatic action against the second-biggest digital currency in market capitalization terms." Visa Moves At The Speed Of Money – Forbes – "None of which seems to faze Visa’s chief executive, Charlie Scharf. In…

Complete story at source: Payments News – from Glenbrook Partners
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