India Proposes Limiting Ride-Hailing Commissions

India Proposes Limiting Ride-Hailing Commissions
India Proposes Limiting Ride-Hailing Commissions
December 02, 2019  |  Ridesharing

India is considering a proposal to cap the commissions on app-based ride-hailing firms, such as Uber and Ola, to a total of 10 percent of...

READ MORE >
Costco, H&M Sites Have Outages During Holiday Weekend
Costco, H&M Sites Have Outages During Holiday Weekend
December 02, 2019  |  Retail

A few major retailers experienced technical difficulties on their websites during Thanksgiving weekend —the official start of the holiday shopping season. Get the Full Story...

READ MORE >
SoFi Founder Mike Cagney Notches Near-$103M For New FinTech
SoFi Founder Mike Cagney Notches Near-$103M For New FinTech
December 02, 2019  |  Investments

Silicon Valley’s Figure Technologies, co-founded by SoFi Founder Mike Cagney, has raised $103 million in a Series C funding round, reports said on Sunday (Dec....

READ MORE >
Short Sellers Bet Against Physical Retailers Pre-Holiday
Short Sellers Bet Against Physical Retailers Pre-Holiday
December 02, 2019  |  Investments

Short sellers have been betting against brick-and-mortar retailers ahead of the holiday shopping season. According to The Wall Street Journal, these investors have taken their...

READ MORE >
TrueDialog SMS Provider Leaks Millions Of Business Texts
TrueDialog SMS Provider Leaks Millions Of Business Texts
December 02, 2019  |  Security & Fraud

An exposed database run by TrueDialog revealed millions of SMS text messages, according to published reports on Sunday (Dec. 1). Get the Full Story Complete...

READ MORE >
Zopa P2P Lender To Land 12th-Hour Investment To Become Bank
Zopa P2P Lender To Land 12th-Hour Investment To Become Bank
December 01, 2019  |  Investments

Peer-to-peer (P2P) lender Zopa will secure a £130 million ($1.67 million USD) investment that it needs to become a challenger bank. The news comes days...

READ MORE >
Nigeria Turns To FinTechs To Boost Financial Inclusion
Nigeria Turns To FinTechs To Boost Financial Inclusion
December 01, 2019  |  Digital Banking

In an effort to expand access to financial institutions (FIs), the Central Bank of Nigeria is planning to license more payment providers, Bloomberg reported on...

READ MORE >
Bitcoin Daily: Bank Of Russia Would Back Crypto Ban; Fidelity Develops Digital Token As Employee Incentive
Bitcoin Daily: Bank Of Russia Would Back Crypto Ban; Fidelity Develops Digital Token As Employee...
December 01, 2019  |  Bitcoin

The Bank of Russia has voiced its support for a ban on cryptocurrency payments, saying that “private cryptocurrencies cannot be equated with fiat money and cannot...

READ MORE >
German Gov’t Snaps Up Tech Firms To Prevent Foreign Acquisitions
German Gov’t Snaps Up Tech Firms To Prevent Foreign Acquisitions
December 01, 2019  |  Europe

Germany is planning to temporarily take stakes in high-tech companies in order to stop investors from non-EU countries from acquiring them. Get the Full Story...

READ MORE >