Chinese Alt-Lender Dianrong Lands $220 Million
Chinese Alt-Lender Dianrong Lands $220 Million
August 03, 2017  |  B2B Payments

Singapore sovereign fund GIC recently led a $220 million funding round for Chinese alternative lending platform Dianrong as the company looks to focus on research...

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Number of U.K. Firms In Significant Financial Distress Jumps
Number of U.K. Firms In Significant Financial Distress Jumps
August 03, 2017  |  B2B Payments

New data from insolvency firm Begbies Traynor may set off alarm bells: The number of U.K. businesses considered to be in “significant” financial distress has...

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Why Incremental Card Adoption Is Enough For Better Cash Management
Why Incremental Card Adoption Is Enough For Better Cash Management
August 03, 2017  |  B2B Payments

Accounts payable company MineralTree just gave a big show of support for commercial cards when it announced this week it is partnering with American Express...

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Flywire And Volvo Pair Up On Cross-Border Vehicle Leasing
Flywire And Volvo Pair Up On Cross-Border Vehicle Leasing
August 03, 2017  |  Partnerships / Acquisitions

Volvo USA — in partnership with the international payments experts at Flywire — is announcing a new program that will, among other things, make it...

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CO-OP Shared Branch Surpassed Chase In Number Of Branches
CO-OP Shared Branch Surpassed Chase In Number Of Branches
August 03, 2017  |  Payment Methods

The CO-OP Shared Branch network announced Wednesday (Aug. 3) that it has passed Chase in the number of branch offices, making the credit union cooperative...

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PayPal And Mastercard Partner On Digital Commerce In Asia Pacific
PayPal And Mastercard Partner On Digital Commerce In Asia Pacific
August 03, 2017  |  Mastercard

About a year ago, Mastercard and Paypal managed to generate some waves by burying the hatchet and working together to make mobile and digital payments...

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Cardtronics Revenue Jumps In Second Quarter Thanks To Acquisitions
Cardtronics Revenue Jumps In Second Quarter Thanks To Acquisitions
August 03, 2017  |  Payment Methods

ATM owner and operator Cardtronics announced news on Wednesday (August 2) of a 19 percent increase to $385.1 million in its second quarter revenue from $324...

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Square Beats Street on Payments Processing and Capital Loan Volumes
Square Beats Street on Payments Processing and Capital Loan Volumes
August 03, 2017  |  News

Square posted second quarter results Wednesday night that topped expectations — and also boosted guidance above the Street, with momentum coming from both the core...

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Bitcoin Cash Price Surges Despite Lack Of Support In Cryptocurrency Community
Bitcoin Cash Price Surges Despite Lack Of Support In Cryptocurrency Community
August 03, 2017  |  Bitcoin

A new digital currency called “bitcoin cash” (BCC), created by splitting the bitcoin blockchain, has risen in price nearly 200 percent — despite not having...

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