Digital Lending Marketplace Offers $3M In Financing To Amazon Sellers
Digital Lending Marketplace Offers $3M In Financing To Amazon Sellers
May 05, 2020  |  Retail

Digital lending marketplace BitX Funding, which matches business owners and non-bank lenders, is aiming to help Amazon third-party (3P) sellers grow. The company has brought...

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WeWork’s Ex-CEO Sues SoftBank Over Aborted $3B Deal
WeWork’s Ex-CEO Sues SoftBank Over Aborted $3B Deal
May 05, 2020  |  Legal

WeWork Co-founder Adam Neumann has launched a legal battle with his company’s biggest investor, SoftBank Group Corp., charging that it has wrongfully reneged on a...

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JCPenney Seeks Court Order To Keep Sephora In Stores
JCPenney Seeks Court Order To Keep Sephora In Stores
May 05, 2020  |  Retail

JCPenney has filed a temporary restraining order against beauty firm Sephora to stop it from departing Penney’s stores that are currently closed but in the...

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Revolut Eyes Consolidation, Looks To Buy Distressed Rivals
Revolut Eyes Consolidation, Looks To Buy Distressed Rivals
May 05, 2020  |  Digital Banking

London-based FinTech Revolut is planning to tap the $500 million it got from investors to acquire competing technology firms suffering from the impact of the...

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Credit Unions, CUSOs Fighting Fraudsters
Credit Unions, CUSOs Fighting Fraudsters
May 05, 2020  |  Security & Fraud

“Credit unions across the country are on high alert for scammers looking to take advantage of members during the pandemic and are stepping up fraud...

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Provider Ranking Finds Personal Finance Apps Stable
Provider Ranking Finds Personal Finance Apps Stable
May 05, 2020  |  financial apps

Investment and financial management apps showed stability through the middle of the COVID-19 pandemic, as the latest PYMNTS Provider Ranking of Personal Finance apps shows....

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Merchants Deal With Data Regs As COVID-19 Clears
Merchants Deal With Data Regs As COVID-19 Clears
May 05, 2020  |  Regulation

Open banking was ready for its close-up when COVID-19 placed many such advanced initiatives on hold, in lieu of more practical and urgent considerations like...

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Apple And Google App For Virus Contact Will Block Location Tracking
Apple And Google App For Virus Contact Will Block Location Tracking
May 05, 2020  |  Mobile Applications

In new contact tracing apps built to combat the coronavirus, Apple and Google-parent Alphabet will ban the use of location-tracking GPS software that could compromise...

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Uber Shuts Eats In Middle East As Subsidiary Cut A Third Of Workforce In Dubai
Uber Shuts Eats In Middle East As Subsidiary Cut A Third Of Workforce In Dubai
May 05, 2020  |  Ridesharing

Dubai-based Careem, a subsidiary of Uber which performs similar ride-hailing business, announced it would be laying off 31 percent of its workforce due to the...

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