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☆ Amazon Prime is an 'extraordinary' loyalty program, grows more powerful every day, says Payoneer CEO
▼ + stars: | 2024-01-26 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmazon Prime is an 'extraordinary' loyalty program, grows more powerful every day, says Payoneer CEOJohn Caplan, Payoneer CEO, joins 'Closing Bell Overtime' to talk the state of ecommerce retail ahead of Amazon reporting earnings.

Persons: John Caplan

The income Luis earns from his Airbnb rental is paid in dollars into a digital account on US payment platform Payoneer, he said. Argentine hosts on Airbnb can receive payments to a local or overseas bank account as well as Payoneer and Paypal, options on one host's account reviewed by Reuters showed and Airbnb confirmed. Airbnb told Reuters in a statement that guidance published on its website advised hosts to register their short-term rental properties with Argentine authorities. Argentine tax authority AFIP said that it "always encourages people to declare" income. The Buenos Aires tourism department told Reuters, however, that just 570 properties were listed on the city's register of short-term rentals in June.

Persons: Luis, Airbnb, Payoneer, AFIP, Ramiro Raposo, AIRBNB, Ariel Yeger, Gaston Levy, Gustavo, Ana Maria Ianni, Ianni, Anna, Catherine Brigida, Adam Jourdan, Suzanne Goldenberg Organizations: Reuters, Argentine, Paypal, Internal Revenue Service, PayPal, AirDNA, Airbnb, Peronist, Thomson Locations: BUENOS AIRES, Airbnb, Buenos Aires, Argentina, Argentine, United States, Senate's

So what's hot in fintech right now? One area fintech companies are getting excited by is an improvement to online checkout tools. Callan Carvey, global head of operations at Cleo, said the firm's AI connects to a customer's bank account to get a better understanding of their financial behavior. "A job that typically would take around one or two weeks can now be completed in 30 minutes, right. Several fintech executives CNBC interviewed spoke of how they're not interested in launching products tailored to crypto as the demand from their customers isn't there.

Persons: MacKenzie Sigalos, hasn't, they've, Starling, Richard Davies, Davies, Niklas Guske, —, B2C fintechs, David Singleton, Guske, dazzled, Cleo, Callan Carvey, Carvey, Teo Blidarus, Taktile's, Hiroki Takeuchi, Takeuchi, Changpeng Zhao, they're, Jack Zhang, Zhang, Prajit Nanu, cryptocurrencies, Banks, Nanu Organizations: Bank, fintechs, CNBC, Business, Allica Bank, B2B, Tiger, Schroders Capital, Atom Bank, Schroders, U.S . Securities, Exchange Commission, SEC, U.S, cryptocurrencies Locations: Amsterdam, MacKenzie Sigalos AMSTERDAM, Netherlands, British, Atomico, U.S

☆ SVB depositors including Roku and Roblox are under scrutiny from Elizabeth Warren and AOC for their 'unusually cozy' relationships with the failed bank
▼ + stars: | 2023-04-10 | by ( Carla Mozée | ) www.businessinsider.com time to read: +3 min

Top SVB depositors got letters from Sen. Elizabeth Warren and Rep. Alexandria Ocasio-Cortez. "Silicon Valley Bank's unusually cozy relationship with its clients increased the threat of contagion when the bank went under." The Democrats representing Massachusetts and New York on Sunday sent letters to 14 of SVB's largest depositors about a month after SVB's implosion, the report said. "Silicon Valley Bank's unusually cozy relationship with its clients increased the threat of contagion when the bank went under," Warren told Bloomberg in a statement. Warren and Ocasio-Cortez also sent letters to BILL, Eiger, Ginkgo Bioworks, iRhythm Technologies, LendingClub, Oncorus, Payoneer Global, Protagonist Therapeutics, Rocket Lab USA, and Sangamo Therapeutics.

☆ $1.7 billion Sift just tapped a new CEO who's focused on helping the fraud-prevention startup build up its base of finance and fintech clients
▼ + stars: | 2023-01-12 | by ( Paige Hagy | ) www.businessinsider.com time to read: +3 min

Sift is a startup that provides fraud-prevention tech to e-commerce and fintech companies. The startup named Kris Nagel, former COO at Ping Identity, as its new CEO on Thursday. Sift has a new CEO, and one of his top priorities will be building up the startup's finance-focused clientele. Nagel, former COO at Ping Identity, an identity-security company, assumed the position in early December 2022. Nagel brings his experience helping lead Ping Identity through an IPO in September 2019 to Sift.

☆ Papaya Global: 2022 Top Startups for the Enterprise
▼ + stars: | 2022-11-07 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +1 min

Israel is a well-known hub for some of the world's most advanced cybersecurity startups, but Papaya Global is aiming to make the nation known for leading in payroll technology as well. Combining onboarding, payroll and compliance on a global basis for both staff and contract workforces of companies with operations in over 140 countries, investors accelerated funding in 2021 and Papaya reached unicorn status, still a rare feat for a female-led startup. The company now handles over $3 billion in payroll for 700-plus customers including Cyberark, Shopify , Vimeo, Payoneer , Microsoft , Panasonic and fellow Top Startups company Canva. Investors include Workday's VC arm, Sir Ronald Cohen's family investment firm Dynamic Loop Capital, Bessemer Venture Partners, New Era Capital and Tiger Global. The 2022 Top Startups for the Enterprise list is powered and inspired by the members of CNBC's Technology Executive Council (TEC).

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