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Stripe flexes its fintech muscle with Financial Connections to pull banking data automatically – TechCrunch

April 12, 2023
Finance
automatically
Banking
Connections
data
financial
fintech
flexes
muscle
pull
Stripe
TechCrunch

Stripe, the payments behemoth valued at $95 billion a year ago and now reportedly inching closer to an IPO, today announced a new product that fills in some significant gaps in its play to be the financial services layer for merchants and other businesses whose models are based on enabling transactions. It’s taking the wraps…

Marguerita Mcnally

E-commerce stocks plummet as consumers pull back online spending

May 10, 2022
Marketplace
Consumers
ecommerce
online
plummet
pull
spending
Stocks

The Etsy website Gabby Jones | Bloomberg | Getty Images Shoppers are eager to head back to brick-and-mortar stores, while inflation is stoking fears that consumers are pulling back their spending on some items to still afford the essentials. That combination spells bad news for many e-commerce-focused retailers, and their stocks tumbled amid a broader…

Marguerita Mcnally