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December 17, 2022

Welcome to Emerging Tech Trends (ETT), focusing on technologies shaping the future.

In this edition,

FTX founder charged in scheme to defraud crypto investors : Founder and former CEO of cryptocurrency exchange, FTX, Samuel Bankman-Fried, has been charged with allegedly intentionally devising “a scheme and artifice to defraud” customers and investors to enrich himself and others

Card Payments Account for 90% of UK Retail Transactions : British Retail Consortium’s (BRC) 2022 Payments Survey reveals that debit cards have continued to gain ground as the preferred payment method in the U.K., accounting for 67.28% of all retail transactions in 2021

Walmart-backed fintech startup plans to launch its BNPL loans : Partly motivated by the challenging economy, Walmart-backed startup , One, plans to launch its own version of the BNPL payment services  which shoppers could use at Walmart’s website and stores, as well as at other retailers

PayPal has become an episode of Black Mirror: Elon Musk : PayPal’s former leadership have slammed the giant for its debanking policies with a co-founder calling the freezing of funds “totalitarian”, as it’s reportedly involved in abrupt process of fines, frosty negotiations to unlock the accounts of its users


International Conference on Financial Technology : The event highlights the current technology trends and regulatory challenges experienced by the sector and through short courses and roundtable discussions the two day event identify themes important for academia and industry collaboration


Mastercard Start Path Small Business Program : The four-month program enable startups innovating across a range of digital services for SMEs to have the opportunity to leverage Mastercard’s network and SME expertise to uncover product partnerships and scale their companies

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