Tech Critic Lina Khan’s FTC Nomination Will Move To Full Senate Vote
Tech Critic Lina Khan’s FTC Nomination Will Move To Full Senate Vote
May 12, 2021  |  Regulation

Lina Khan, a law professor and outspoken critic of big tech companies’ market power, appears headed to a seat on the Federal Trade Commission following...

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Sales Are Up, Usership Is Soaring, But Coupang’s Stocks Still Slip After First Public Earnings Report
Sales Are Up, Usership Is Soaring, But Coupang’s Stocks Still Slip After First Public Earnings...
May 12, 2021  |  Earnings

Asian eCommerce major player Coupang has reported its first-ever quarterly earnings report Wednesday (May 12) as a public company. (Its IPO was about two months...

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Silvergate Bank To Issue Facebook-Backed Diem’s Stablecoin
Silvergate Bank To Issue Facebook-Backed Diem’s Stablecoin
May 12, 2021  |  Cryptocurrency

The Diem Association, a nonprofit with strong ties to Facebook, has moved its main operations to the United States from Switzerland, according to a press...

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Jack Henry Launches Web-Based Factoring Tool
Jack Henry Launches Web-Based Factoring Tool
May 12, 2021  |  B2B Payments

FinTech Jack Henry & Associates’ Jack Henry Lending operation formally launched a product called FactorSoft Web Portal for lenders in the business of factoring —...

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Tesla Nixes Bitcoin Car Purchases
Tesla Nixes Bitcoin Car Purchases
May 12, 2021  |  Bitcoin

Tesla no longer will accept Bitcoin payments for cars, company founder and cryptocurrency cheerleader Elon Musk announced on Twitter Monday (May 12). Get the Full...

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AP Automation Firm Stampli Lands $50 Million Investment
AP Automation Firm Stampli Lands $50 Million Investment
May 12, 2021  |  B2B Payments

Accounts payable (AP) automation company Stampli landed $50 million in Series C funding. The arrangement was headed up by Insight Partners and brings the total...

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Bitcoin Daily: Brex Customers Can Redeem Rewards For Crypto; IRS Can Seize Crypto Holdings To Cover Unpaid Taxes
Bitcoin Daily: Brex Customers Can Redeem Rewards For Crypto; IRS Can Seize Crypto Holdings To...
May 12, 2021  |  Bitcoin

Brex, which provides financial services to businesses, now lets its customers redeem their Brex reward points for Bitcoin and Ethereum, according to a press release....

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Bottomline Connects B2B Buyers To Billtrust Card Acceptance
Bottomline Connects B2B Buyers To Billtrust Card Acceptance
May 12, 2021  |  B2B Payments

Bottomline Technologies, which offers solutions such as accounts payable (AP) automation, will link Paymode-X payers to new card acceptance endpoints through Billtrust’s Business Payments Network...

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BaFin Appoints Supervisor To Monitor N26’s AML Controls
BaFin Appoints Supervisor To Monitor N26’s AML Controls
May 12, 2021  |  AML

Germany’s main financial regulator, the Federal Financial Supervisory Authority (BaFin), has ordered German neobank N26 to increase its anti-money laundering (AML) efforts, according to an...

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