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Block (XYZ) is building a comprehensive financial ecosystem for consumers as well as small and medium-sized enterprises. The planned inclusion in the S&P 500 index on July 23 is evidence that FinTech business models are increasingly gaining traction and providing alternatives to traditional banks. I am optimistic here for a comeback. More than $100 billion in loans have already been issued. With real-time data and AI, outdated credit scores can be replaced to serve some of the 50 million non-creditworthy Americans with low default rates. Bitcoin...
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