Wearables To Reach 125.3M Units By Year End
Wearables To Reach 125.3M Units By Year End
December 17, 2018  |  Wearables

New data is predicting that global shipments of wearable devices will reach 125.3 million units in 2018, a 8.5 percent increase from the previous year....

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London FinTech Raises $4M For ‘Social’ Bank
London FinTech Raises $4M For ‘Social’ Bank
December 17, 2018  |  Innovation

A financial technology company called B-Social has raised £3.2 million ($4 million) in funding from undisclosed but high net-worth entities, according to reports. Get the...

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EBA To Banks: Prepare For Brexit
EBA To Banks: Prepare For Brexit
December 17, 2018  |  Regulation

The European Banking Authority (EBA) told European banks on Monday (Dec. 17) to prepare for Brexit and the possible sudden withdrawal of Britain from the...

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France Anxious To Tax Apple, Google, Other Tech Giants
France Anxious To Tax Apple, Google, Other Tech Giants
December 17, 2018  |  Regulation

Bruno Le Maire, France’s economy minister, announced today (Dec. 17) that he wants France to start taxing big tech giants beginning Jan. 1, 2019, according...

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Rising Interest Rates Put Dent In Small Bank Deposits
Rising Interest Rates Put Dent In Small Bank Deposits
December 17, 2018  |  Loans

Smaller banks around the country are feeling the pinch as rising interest rates keep earnings static on loans and customers want more interest on their...

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BMW Launches Ride-Hailing Service In China
BMW Launches Ride-Hailing Service In China
December 17, 2018  |  Ridesharing

BMW has launched a ride-hailing service in the Chinese city of Chengdu, the company reported. The luxury car brand is the first foreign company to...

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Careem To Launch Food Delivery Service, Complete $500M Funding Round
Careem To Launch Food Delivery Service, Complete $500M Funding Round
December 17, 2018  |  International

Middle East-based ride-hailing company Careem is expanding its business into a delivery service, a tech outlet reported. Get the Full Story Complete the form to...

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UBS Fined $14.5M For Violating Bank Secrecy Act
UBS Fined $14.5M For Violating Bank Secrecy Act
December 17, 2018  |  Regulation

The Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury, has assessed a $14.5 million fine against UBS Financial Services...

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De Lijn Taps Conduent For Fare Collection; Network International Rolls Out Google Pay
De Lijn Taps Conduent For Fare Collection; Network International Rolls Out Google Pay
December 17, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Network International’s rollout of Google Pay acceptance in the United...

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