Uber Fined $629K By Colombia For Blocking Regulators’ Access
Uber Fined $629K By Colombia For Blocking Regulators’ Access
August 12, 2019  |  Regulation

The commerce regulator in Colombia said it will fine Uber over $629,000 because the ride-hailing firm obstructed a regulatory visit two years ago, according to...

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Wells Fargo Taps Former Mastercard Exec To Run Merchant Services
Wells Fargo Taps Former Mastercard Exec To Run Merchant Services
August 12, 2019  |  Personnel

Wells Fargo announced it has hired Colleen Taylor to run its Wells Fargo Merchant Services, which shepherds the direction and oversight of its merchant services...

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Groupon Tries To Reach A More Lucrative Consumer Base
Groupon Tries To Reach A More Lucrative Consumer Base
August 12, 2019  |  Retail

Hey, did you hear about Groupon? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Subscription Box Company Loot Crate Files For Chapter 11
Subscription Box Company Loot Crate Files For Chapter 11
August 12, 2019  |  Retail

The Los Angeles-based Loot Crate, a subscription box startup offering “geek and gamer products,” filed for Chapter 11 bankruptcy due to cash flow problems, Bloomberg...

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NatWest Tests Use Of Google Assistant To Check Bank Balances
NatWest Tests Use Of Google Assistant To Check Bank Balances
August 12, 2019  |  Banking

British bank NatWest has been testing out Google Assistant compatibility to allow customers to do things like check their balance via voice assistant, according to...

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Neobank Joust Raises $2.6M To Bank Freelancer Wages
Neobank Joust Raises $2.6M To Bank Freelancer Wages
August 12, 2019  |  Investments

The funding round was led by PTB Ventures, with help from Accion Venture Lab, Financial Venture Studio and Techstars. Get the Full Story Complete the...

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Venmo Offers Instant Transfer To Bank Accounts
Venmo Offers Instant Transfer To Bank Accounts
August 12, 2019  |  Digital Banking

Venmo has added another option for instant transfer of money to a bank account, according to a blog post by the company on Monday (Aug....

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Facebook Shelves Houseparty Acquisition Over Antitrust Concerns
Facebook Shelves Houseparty Acquisition Over Antitrust Concerns
August 12, 2019  |  Facebook

Facebook reportedly dropped a deal to buy competitor Houseparty, the video-focused social media chat app, due to anticipated additional antitrust scrutiny, The New York Times reported...

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China Bank Loans Decline In July Amid Trade Tensions
China Bank Loans Decline In July Amid Trade Tensions
August 12, 2019  |  International

Decreasing demands for loans has caused a July lending slowdown for Chinese financial institutions, The Wall Street Journal reported on Monday (Aug. 12). Get the...

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