Goldman Sachs Backs Alternative SMB Lender Capify
Goldman Sachs Backs Alternative SMB Lender Capify
January 17, 2019  |  B2B Payments

U.K.- and Australia-based Capify, an alternative finance provider targeting small firms, has landed a $96.6 million investment from Goldman Sachs, the company said on Wednesday...

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API Exchange Debuts In Hong Kong
API Exchange Debuts In Hong Kong
January 17, 2019  |  B2B Payments

More than 200 APIs will be made available from more than a dozen banks in Hong Kong through JETCO, backed by Union Pay. Elsewhere, Ripple's...

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GE Capital Exits Trade Finance With MUFG Acquisition
GE Capital Exits Trade Finance With MUFG Acquisition
January 17, 2019  |  B2B Payments

General Electric‘s divestiture of GE Capital assets continues as MUFG Union Bank announced plans to acquire GE Capital’s Trade Payable Services (TPS) operations. In an...

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Banco Santander Pulls Plug On New CEO
Banco Santander Pulls Plug On New CEO
January 17, 2019  |  B2B Payments

Banco Santander announced this week that plans to hire a new chief executive officer have been cancelled. Get the Full Story Complete the form to...

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India Eyes SMBs In Pursuit Of $5T Economy
India Eyes SMBs In Pursuit Of $5T Economy
January 17, 2019  |  B2B Payments

A government working group in India has said a $5 trillion economy could be a reality for the country by 2025, with small businesses (SMBs)...

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Keeping Movers And Customers In The Authentication Loop
Keeping Movers And Customers In The Authentication Loop
January 17, 2019  |  Authentication

Consumers increasingly use on-demand moving services for last-mile delivery. That requires a double-binding trust: trusting movers to handle items with care, and movers' trust of...

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Rubio’s Privacy Bill Takes Aim At Facebook, Google, Amazon
Rubio’s Privacy Bill Takes Aim At Facebook, Google, Amazon
January 17, 2019  |  Regulation

Senator Marco Rubio (R-Fla.) has introduced new legislation that would create federal standards of privacy protection for companies like Facebook, Amazon, and Google. Get the...

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Online Lender CommonBond Cuts 18 Pct Of Employees
Online Lender CommonBond Cuts 18 Pct Of Employees
January 17, 2019  |  Personnel

Online student lender CommonBond has laid off 22 employees — 18 percent of its staff — as it plans to shift investment into new areas....

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Mastercard Slams Brakes On Subscription Auto Opt-In Billing
Mastercard Slams Brakes On Subscription Auto Opt-In Billing
January 17, 2019  |  Mastercard

Mastercard has announced that it is introducing new rules for merchants that offer free trials, requiring them to get cardholder approval when the trial ends before...

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