TikTok Sale Stalls Over Algorithm Uncertainty
TikTok Sale Stalls Over Algorithm Uncertainty
September 01, 2020  |  Partnerships / Acquisitions

After China created new limitations on the export of artificial intelligence (AI) technology, a potential deal for TikTok’s American operations is facing a hurdle as...

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Plaid Woos Banks With New Instant Account Update Feature
Plaid Woos Banks With New Instant Account Update Feature
September 01, 2020  |  Digital-First Banking

Plaid is doubling down on its push to connect banks to FinTechs and their customers with a new, instant account update feature. Get the Full...

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Regulatory Costs To Be Paid By Google Advertisers
Regulatory Costs To Be Paid By Google Advertisers
September 01, 2020  |  Google

Google has enacted a plan to pass on the cost of digital services taxes in Europe to advertisers instead, according to a Financial Times (FT)...

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Fed’s Brainard: Additional Stimulus Required To Counter Pandemic Effects
Fed’s Brainard: Additional Stimulus Required To Counter Pandemic Effects
September 01, 2020  |  Economy

A Federal Reserve governor said Tuesday (Sept. 1) that the central bank has to launch initiatives “in coming months” to assist the economy in surmounting...

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Cornerstone To Buy FXPress, Boost SMB Payment Services
Cornerstone To Buy FXPress, Boost SMB Payment Services
September 01, 2020  |  B2B Payments

Cornerstone Brands plans to acquire payments processor FXPress in a deal that also includes a sale of the existing Cornerstone business and restructuring of capital,...

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Mexico Receives $3.53B In Remittances In July, Third Highest On Record
Mexico Receives $3.53B In Remittances In July, Third Highest On Record
September 01, 2020  |  Cross-border Payments

Mexico obtained $3.53 billion in remittances in July to reach the third-highest point recorded, marking a rise of over 7 percent from $3.29 billion in...

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US House Oversight Panel Reports $1B In PPP Loan Violations
US House Oversight Panel Reports $1B In PPP Loan Violations
September 01, 2020  |  Loans

A congressional investigation found more than $1 billion in Paycheck Protection Program (PPP) funds went to small businesses that received multiple loans, a violation of the federal...

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Russian Lawmaker Proposes Commission Fee Cap For Tech Giants
Russian Lawmaker Proposes Commission Fee Cap For Tech Giants
September 01, 2020  |  International

Russian lawmaker Fedot Tumusov has submitted draft legislation to cut and cap the commissions for mobile app sales from giants like Apple and Google, Reuters...

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Report: Job Growth In Next Decade Predicted Slower Than Great Recession
Report: Job Growth In Next Decade Predicted Slower Than Great Recession
September 01, 2020  |  Economy

U.S. employment is projected to increase by 6 million jobs over the decade from 2019 through 2029. Get the Full Story Complete the form to...

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