ByteDance Ramps Up eCommerce Hiring, Sponsors To Take On Alibaba

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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