SoftBank Takes Majority Share In LINE MOBILE
SoftBank Takes Majority Share In LINE MOBILE
February 01, 2018  |  Investments

SoftBank is acquiring a majority stake in LINE MOBILE, a subsidiary of Line Corporation, which owns and operates the messaging app LINE. LINE MOBILE announced the...

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Moven To Buy US Bank, Create Joint Venture In Japan With SBI
Moven To Buy US Bank, Create Joint Venture In Japan With SBI
February 01, 2018  |  Partnerships / Acquisitions

Mobile-first bank Moven has signed a memorandum of understanding (MoU) with financial services provider SBI Group, the Japanese owner of SoftBank. According to a report...

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Government Piloting Debit Card To Rein In Student Loan Refund Spend
Government Piloting Debit Card To Rein In Student Loan Refund Spend
February 01, 2018  |  Payments Innovation

The Department of Education is gearing up to roll out a pilot program in which college students’ federal financial aid surpluses will be distributed via...

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SoFi Says Bye-Bye To 5 Percent Of Its Staff
SoFi Says Bye-Bye To 5 Percent Of Its Staff
February 01, 2018  |  Alternative Finances

Social Finance — the online lender better known as SoFi — will be laying off dozens of workers in its mortgage division, despite the fact...

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Memory And Mining Chips Send Samsung Soaring
Memory And Mining Chips Send Samsung Soaring
February 01, 2018  |  Earnings

It was a solid earnings report for Samsung in the fourth quarter of 2017, as earnings surged due to strong sales of the manufacturer’s memory...

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Lawmakers Demand Answers From CFPB On Payday Rule
Lawmakers Demand Answers From CFPB On Payday Rule
February 01, 2018  |  Regulation

Mick Mulvaney, the acting director of the Consumer Finance Protection Bureau, received questions from Senator Elizabeth Warren of Massachusetts, the head Democrat on the House...

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Alexa Doesn’t Like Users Talking About Google
Alexa Doesn’t Like Users Talking About Google
February 01, 2018  |  Amazon

There’s one word that Alexa just doesn’t want to hear from its developers: Google. According to TechCrunch, Jo Jaquinta, an Amazon developer, discovered this after...

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Cambridge Blockchain And IHS Markit Team Up To Tackle KYC
Cambridge Blockchain And IHS Markit Team Up To Tackle KYC
February 01, 2018  |  Blockchain

Cambridge Blockchain has announced a partnership with IHS Markit to form an identity data alliance that will improve the collection and management of know-your-customer (KYC)...

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NACHA Partners To Create API Developer Community
NACHA Partners To Create API Developer Community
February 01, 2018  |  API

NACHA, the Electronic Payments Association’s API Standardization Industry Group (ASIG), and Accenture announced Wednesday they are joining forces to create a community of API resources....

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