Today In Payments: Wells Fargo To Cap SMB Bailout Loans At $10B; Apple Buys AI Voice Assistant Startup Voysis
Today In Payments: Wells Fargo To Cap SMB Bailout Loans At $10B; Apple Buys AI...
April 06, 2020  |  News

In today’s top news, Wells Fargo began taking loan applications, saying it will disperse $10 billion to nonprofits and small businesses, and Apple bought voice...

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Philippines Payments Platform Closes $120M Investment Deal
Philippines Payments Platform Closes $120M Investment Deal
April 06, 2020  |  Investments

Philippines payments startup Voyager Innovations has closed a funding deal worth up to $120 million from existing backers, according to a Monday (April 6) statement...

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NY Fed Sees Consumer Expectations Slide On COVID-19
NY Fed Sees Consumer Expectations Slide On COVID-19
April 06, 2020  |  Economy

A March survey of consumer expectations by the Federal Reserve Bank of New York released Monday (April 6) found mounting worries over job losses, debt...

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Lawsuit Accuses BoA Of Unfair Preferential SMB Treatment
Lawsuit Accuses BoA Of Unfair Preferential SMB Treatment
April 06, 2020  |  B2B Payments

Rifkin Weiner Livingston LLC has filed an amended complaint against Bank of America (BoA) for allegedly giving its lending clients a higher priority and denying...

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What Will It Take To Get Back To A Pre-COVID-19 Economy? A Vaccine
What Will It Take To Get Back To A Pre-COVID-19 Economy? A Vaccine
April 06, 2020  |  Coronavirus

For technologists and those in the payments arena, a fast-moving world is standard operating procedure. Today’s shiniest innovation will be old hat in six months –...

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Singapore’s New $3.6B Stimulus To Include Wage Subsidies, Cash Payouts
Singapore’s New $3.6B Stimulus To Include Wage Subsidies, Cash Payouts
April 06, 2020  |  International

Singapore has set out its third stimulus package as the country’s economy reels from the worldwide spread of COVID-19. Government officials said today (April 6)...

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Uber Aids Idled Rideshare Drivers With Job Listings
Uber Aids Idled Rideshare Drivers With Job Listings
April 06, 2020  |  Ridesharing

With ridesharing demand diminished by the COVID-19 pandemic, Uber Technologies Inc. is providing its drivers with job listings to fill the void, Reuters reported. Get the...

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India’s Swiggy Lands $43B To Continue Branching Out Beyond Food Delivery
India’s Swiggy Lands $43B To Continue Branching Out Beyond Food Delivery
April 06, 2020  |  Investments

Online food delivery platform Swiggy has raised $43 million as part of its ongoing Series I round to develop and expand its new businesses, according...

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Financial Crisis Spurs New Way To Pay For A New Generation
Financial Crisis Spurs New Way To Pay For A New Generation
April 06, 2020  |  Buy Now Pay Later

With an idea born from the ashes of the global financial meltdown of 2008, the founders of “buy now, pay later” success story Afterpay understood...

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