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What is the Difference Between Mastercard and Visa?

Stax

TL;DR Visa and Mastercard are the world’s two largest payment networks, offering a range of prepaid, credit, and debit card options. Overview of Mastercard Mastercard was created by a consortium of banks in 1966 in an effort to compete more effectively with Visa, which at the time had a virtual monopoly on payment processing.

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Monday Social Media News Roundup: Week of October 23rd

Buffer Resources

AI Chatbot Moderation Meta is striving to curb inappropriate responses from its new AI chatbots to ensure a safer user experience. Enhanced User Verification In a bid to combat bots, Twitter/X is introducing payment, phone, and ID verification along with a $1/yr fee for new users.

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Software Transcends Borders—Why Not Money?

Andreessen Horowitz

While embedding financial services is relatively easy in some countries, a global software company that wants to add payments, lending, or some other financial service in multiple countries has to navigate a complex web of local infrastructure companies and regulations. has had real-time payments since 2005 via the Faster Payments network.

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BarbAIrians at the Gate: The Financial Opportunity of AI

Andreessen Horowitz

With this faster method of calculating, what might have taken weeks could now take seconds. Early KKR executive Donald Herdrich is said to have bought an Apple IIe in 1980 for his children, got a demo of VisiCalc at the electronics store, and that turned into a decisive advantage for KKR going forward.

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What is Dynamic Pricing? Everything You Need to Know About Implementing Dynamic Pricing in 2024

Stax

The phrase “dynamic pricing” often sparks heated debates in eCommerce and retail, and it’s not hard to see why. The use of dynamic pricing methods is most common in industries where the demand for goods and services fluctuates. For example, a person might check the price of an Uber ahead of time for a specific journey.

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As Software Platforms Grow, So Do the Oligopolies

Software Platform Consulting

Before We Get to Software… Warren Buffett recently announced that he was buying airline stocks. This is a man whose greatest quotes include many disparaging remarks about the airline industry (see here ). So why would the Oracle of Omaha invest in airlines now? Oligopolies Extend Well Beyond Airlines.

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PODCAST 93: The Journey from 2x Founder to VC with Angus Davis

Sales Hacker

Angus is an amazing person — who never went to college. Angus is an amazing person — he never went to college. In 1995, while a high school student Rhode Island he was an early employee at Intelecom Data Systems, one of America’s first commercial internet service providers and website developers. Show Introduction [00:09].