Financial Software Firm OpenFin Raises $17M
Financial Software Firm OpenFin Raises $17M
May 17, 2019  |  Investments

In a Wells Fargo & Co.-led round, financial services software startup firm OpenFin notched $17 million in funding. Barclays also participated in the round, as...

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Chinese Coffee Co Luckin Has Strong Nasdaq Debut
Chinese Coffee Co Luckin Has Strong Nasdaq Debut
May 17, 2019  |  Markets

Shares in Chinese coffee company Luckin Coffee surged about 50 percent in the company’s debut on the Nasdaq on Friday (May 17), according to a...

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Google Takes On Amazon With New eCommerce Features
Google Takes On Amazon With New eCommerce Features
May 17, 2019  |  Ecosystems

Google managed the surprise of the week with the announcement that it was dramatically and quickly leveling up its eCommerce capability by essentially turning any...

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The Whole Paycheck Tracker: The Race For One-Day Shipping Dominance
The Whole Paycheck Tracker: The Race For One-Day Shipping Dominance
May 17, 2019  |  Walmart Amazon whole paycheck

When Amazon announced about two weeks ago that Prime’s free two-day shipping was about to become Prime’s one-day shipping, it certainly got the world’s attention. The...

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Amazon India Now Sells Airline Tickets
Amazon India Now Sells Airline Tickets
May 17, 2019  |  Partnerships / Acquisitions

Amazon Pay in India, which already allows customers to do things like pay bills and borrow money, has added the ability to book airline tickets,...

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Minna Technologies Notches €5.6M In Series A Round
Minna Technologies Notches €5.6M In Series A Round
May 17, 2019  |  Investments

In a Zenith Group-led funding round joined by Visa as well as Swedbank, subscription management platform Minna Technologies has notched €5.6 million in a Series...

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CFPB Sues Debt-Collection Agency Over Deception Allegations
CFPB Sues Debt-Collection Agency Over Deception Allegations
May 17, 2019  |  Legal

The Consumer Financial Protection Bureau (CFPB) said Friday (May 17) that it has filed a lawsuit in federal court against a debt-collection agency that, the agency...

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JPMorgan Buys InstaMed For $500M
JPMorgan Buys InstaMed For $500M
May 17, 2019  |  Partnerships / Acquisitions

In a bid to expand its healthcare payments presence, JPMorgan said Friday (May 17) that it has entered a deal to acquire InstaMed, a payments...

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Policymakers Introduce Bills To Ban Cashless Stores In US
Policymakers Introduce Bills To Ban Cashless Stores In US
May 17, 2019  |  Payment Methods

In moves that could put a stop to cashless stores, two legislators brought bills forth in Congress to make business accept cash payments. U.S. Representative...

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