ByteDance Ramps Up eCommerce Hiring, Sponsors To Take On Alibaba
ByteDance Ramps Up eCommerce Hiring, Sponsors To Take On Alibaba
May 09, 2021  |  eCommerce

ByteDance, which brought TikTok to the world, is adding thousands of employees as part of a plan to challenge Alibaba in eCommerce, Bloomberg reported. Among...

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Flywire’s SEC Filing Highlights  $11.7T Payments Modernization Opportunity
Flywire’s SEC Filing Highlights $11.7T Payments Modernization Opportunity
May 09, 2021  |  IPO

The parade of “disruptors” in the financial services and payments spaces — via public listings on Wall Street — continues. Get the Full Story Complete...

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Railz Raises $12 Million Toward API Development
Railz Raises $12 Million Toward API Development
May 09, 2021  |  Investments

Railz, which develops an API letting financial institutions (FIs) and FinTechs access real-time data of their customers’ accounting data, has raised $12 million in Series...

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Yellen Picks Michael Hsu As First Deputy Comptroller Of OCC
Yellen Picks Michael Hsu As First Deputy Comptroller Of OCC
May 09, 2021  |  Regulation

U.S. Treasury Secretary Janet L. Yellen plans to name Michael J. Hsu the first deputy comptroller of the Office of the Comptroller of the Currency,...

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Report: Indonesia’s GajiGesa Adds New Investors
Report: Indonesia’s GajiGesa Adds New Investors
May 09, 2021  |  B2B Payments

GajiGesa, an Indonesian FinTech serving the country’s vast population of underbanked workers, has added new investors that will provide funds for adding services and customers,...

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Higher Supply Chain Costs Catch Consumers Off-Guard
Higher Supply Chain Costs Catch Consumers Off-Guard
May 09, 2021  |  Retail

After years of relatively low inflation, Americans have begun to see higher prices for goods and services in the wake of the pandemic, The Wall...

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Colonial Pipeline Latest Target In High-Profile Ransomware Attacks
Colonial Pipeline Latest Target In High-Profile Ransomware Attacks
May 09, 2021  |  Security & Fraud

The Biden administration is looking to crack down on ransomware, especially as a series of major cyberattacks has recently occurred, Bloomberg reported. In the span...

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India’s Mom-And-Pop Revolution And SMBs’ Global Preparation For Reopening
India’s Mom-And-Pop Revolution And SMBs’ Global Preparation For Reopening
May 09, 2021  |  SMBs

India’s retail market is a large and rapidly growing space, generating  $793 billion in sales in the fiscal year ended March 2020 and is expected...

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April Sees 19 Bank M&A Deals In US, Most Since Pre-Pandemic
April Sees 19 Bank M&A Deals In US, Most Since Pre-Pandemic
May 09, 2021  |  Partnerships / Acquisitions

U.S. bank mergers and acquisitions had a good month in April, with 19 announced deals — the most since the COVID-19 pandemic began in early...

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