Microsoft Eyes Deal For All Of TikTok As Pressure Builds
Microsoft Eyes Deal For All Of TikTok As Pressure Builds
August 06, 2020  |  Partnerships / Acquisitions

Microsoft’s initial interest in TikTok’s U.S. operations has dramatically expanded, with the software giant now seeking a blockbuster deal to buy the popular Chinese video-sharing...

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Today In Payments: Bank Of England Ups Monzo’s Capital Requirements; DoorDash Launches Digital Convenience Stores
Today In Payments: Bank Of England Ups Monzo’s Capital Requirements; DoorDash Launches Digital Convenience Stores
August 06, 2020  |  News

In today’s top news, the Bank of England upped Monzo’s capital worth requirement, and DoorDash is launching digital convenience stores. Plus, Fiserv reported strong Q2...

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Health Tech Firm Infermedica Nets $10.25M In Funding, Seeks ‘Virtual’ MD
Health Tech Firm Infermedica Nets $10.25M In Funding, Seeks ‘Virtual’ MD
August 06, 2020  |  Healthcare

Healthcare company Infermedica has raised $10.25 million in a venture funding round involving two new investors, EBRD and Heal Capital, along with existing investors Karma Ventures, Inovo Venture...

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Fed Says FedNow On Track For 2023-24 Rollout
Fed Says FedNow On Track For 2023-24 Rollout
August 06, 2020  |  Payments Innovation

The Federal Reserve Board on Thursday (Aug. 6) announced details of a 24/7 year-round interbank settlement service to accelerate the time it takes to process...

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Uber For Business, ServiceNow Launch Ride Ordering For Commuters
Uber For Business, ServiceNow Launch Ride Ordering For Commuters
August 06, 2020  |  Ridesharing

As companies plan reopening and bringing employees back to the office, one question remains unclear: how will commuting work? Crowded trains and subways seem like...

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Uber, Lyft Face California Lawsuit Alleging ‘Systematic Wage Theft’
Uber, Lyft Face California Lawsuit Alleging ‘Systematic Wage Theft’
August 06, 2020  |  Legal

Already reeling from the coronavirus, Uber’s and Lyft’s fortunes now face another big hit as California’s top labor official takes the ridesharing services to court...

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Western Union Expands Banking Tie-Up In Brazil
Western Union Expands Banking Tie-Up In Brazil
August 06, 2020  |  International

Western Union Co., the cross-currency payments and money mover, announced Thursday (Aug. 6) it has expanded services between its business solutions division and Banco Semear, the Brazil bank, to offer GlobalPay....

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Personal Finance Apps Managing Nicely
Personal Finance Apps Managing Nicely
August 06, 2020  |  Mobile Applications

Top players are staying on top but playing a game of musical chairs as PYMNTS latest Provider Ranking of Personal Finance Apps shows a hint...

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Wirecard Lenders On The Hook For Millions
Wirecard Lenders On The Hook For Millions
August 06, 2020  |  Security & Fraud

Wirecard AG’s bankruptcy filing is not just having an impact on the once bright German payments company — its insolvency has left a huge gap...

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