Enabling Technologies

Stratos Card Shuts Down Six Month After Launch. What Does This Mean for the Other Universal Cards?

[Update 03:00 pm EST] CEO of Stratos, Thiago Olson, has reached out to the LTP team and provided the following statement. "I would like to address rumors that Stratos has recently shut down. Due to challenges with ongoing company financing, Stratos has paused and is undergoing restructuring. We are happy to announce...

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Payments

Year-Long Analysis Unveils Top US FinTech Startups of 2015

Having extensive experience studying FinTech industry and expertise in various sectors, the LTP team has been actively following some of the top innovators to be up-to-date with the latest solutions and outstanding products existing in the market. New FinTech startups are being discovered every day and competition for the top...

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Payments

9 Supply Chain Finance Companies in the US

Concerns surrounding risk and liquidity management have driven the demand for financial supply chain management solutions. Supply chain finance aims to improve the financial efficiency of the supply chain and substantially reduce the working capital of both buyers and suppliers. It allows buyers to extend payment terms while providing suppliers...

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Payments

MasterCard Partners up With FreshDirect to Enhance Online Grocery Shopping Experience

 MasterCard and FreshDirect announced that the online fresh food grocer will now accept MasterPass, MasterCard’s digital payments platform, to enhance the online and in-app payment process. MasterPass by MasterCard is a simple, convenient, trusted digital platform for faster, safe shopping at thousands of online merchants. It enables consumers to pay for...

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Authentication & Security

The Fed Finally Raises Rates

US Federal Reserve announced its first interest-rate hike cycle in nearly a decade. LOS ANGELES {Press Release} In meetings on Tuesday and Wednesday of this week, members of the Federal Open Market Committee (FOMC) voted to raise the federal funds rate, the interest rate at which major private banks can exchange...

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Payments

Payments Platform Strategies Take Off

A newly released white paper highlights the growing trend of payments platforms, validating the strategic approach of payment tech provider Zooz. “Historically, enterprises never had much control over payments or merchant acquiring. They were typically connected to and serviced by a single processor,” states Andrei Charniauski, Head of Europe for IDC...

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