Walmart’s PhonePe Steps up Competition With WealthDesk, OpenQ Buys
Walmart’s PhonePe Steps up Competition With WealthDesk, OpenQ Buys
May 19, 2022  |  Acquisitions

PhonePe is stepping up the competition in India and trying to further take on Google and Amazon with the acquisition of wealth management firms WealthDesk...

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Capital Spending Aimed At Loosening Supply Chain Holdups Increasing at US Companies
Capital Spending Aimed At Loosening Supply Chain Holdups Increasing at US Companies
May 19, 2022  |  Supply Chain

U.S. companies have been moving up their capital spending plans in an effort to streamline the supply chain snags that have crippled much of the...

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Report: TikTok Tests Gaming in Vietnam as Part of Broader Push
Report: TikTok Tests Gaming in Vietnam as Part of Broader Push
May 19, 2022  |  Social Commerce

TikTok has been conducting tests so users in Vietnam can play games on the video-sharing app, the company’s first step in what Reuters calls in...

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Bill Could Force Google to Break up Ad Business
Bill Could Force Google to Break up Ad Business
May 19, 2022  |  Google

Google could be forced to break up its ad business if a bill introduced Thursday (May 19) by Sen. Mike Lee, R-Utah, becomes law. Get...

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Faced With Soaring Costs, Tight Supply, Renters Tap Crowdsourcing, Government Aid
Faced With Soaring Costs, Tight Supply, Renters Tap Crowdsourcing, Government Aid
May 19, 2022  |  Connected Economy

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The Data Point: 74% of Firms Say Digital Payments Improve Working Capital Management
The Data Point: 74% of Firms Say Digital Payments Improve Working Capital Management
May 19, 2022  |  Digital Payments

Those who hesitate often end up playing catch-up, and that goes double for businesses during the historic digital shift that’s remaking back-office finance departments with...

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Singapore’s MAS-Backed Elevandi Launches FinTech Advisory Committee
Singapore’s MAS-Backed Elevandi Launches FinTech Advisory Committee
May 19, 2022  |  Fintech Investments

Elevandi, a company established by the Monetary Authority of Singapore (MAS) to promote FinTech in the digital economy, has formed its advisory committee. Get the...

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Deutsche Bank Backs MarketFinance’s Efforts to Lend $125M to UK SMBs
Deutsche Bank Backs MarketFinance’s Efforts to Lend $125M to UK SMBs
May 19, 2022  |  SMBs

London-based FinTech MarketFinance has raised debt from Deutsche Bank that will allow the company to fund part of a 100 million British pound (about $125...

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DOJ To Increase Antitrust Scrutiny Over Buyout Deals
DOJ To Increase Antitrust Scrutiny Over Buyout Deals
May 19, 2022  |  ANTITRUST

Jonathan Kanter, head of the Department of Justice (DOJ) Antitrust Division, has warned buyout firms that they may be subject to tougher regulatory review if...

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