News

Investments
FastPay Teams With AIG To Launch Media Receivables Funding Vehicle
September 04, 2019

Financial technology company FastPay has announced it is creating a “receivables securitization program” with an $80 million first tranche. It has partnered with AIG and Cairn Capital, which will offer large amounts of capital to the media and technology sector. Get the Full Story Complete...

Regulation
Facebook Seeks Clear Guidelines For Data Sharing
September 04, 2019

Facebook is asking global regulators to write new data sharing guidelines after the company was compelled to revamp its own approach to the issue, according to a report in the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy...

News
Top News In Payments: Mastercard Added To Marco Polo Network; Apple Gains Watch Patents
September 04, 2019

Today in the payments news roundup, Mastercard announced it has joined the Marco Polo Network. Also, Apple has gained three separate patents related to the Apple Watch. And Amazon is testing out a new payment system that uses handprints for checkout instead of a card or an app. Get...

eCommerce
Fiverr Launches Services Store For Gig Businesses
September 04, 2019

Fiverr, the company that matches freelancers to jobs, has announced a new eCommerce-based store with the intention of helping online businesses with services that support all their needs, the company said in a release.  Get the Full Story Complete the form to unlock this article...

Digital Banking
Digital Bank Chime Offers Overdraft Protection To Its 5M Customers
September 04, 2019

Chime, a digital banking startup based in San Francisco, said it has reached a threshold of five million customers and plans to introduce a new overdraft initiative to help them, according to a report. Get the Full Story Complete the form to unlock this article...

Partnerships / Acquisitions
Alibaba Said To Be To Nearing $2B Deal For NetEase Kaola
September 04, 2019

Chinese eCommerce marketplace Alibaba is reportedly close to wrapping up its $2 billion acquisition of NetEase’s cross-border retail platform Kaola, according to a report in TechCrunch on Wednesday (Sept. 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Making Marketplaces For Experiences
September 04, 2019

Millennials, the conventional wisdom goes, are far more into experiences than they are into buying things. Some of that, according to Joshua Becker, who authors the blog Becoming Minimalist, is actually just a new statement of an ongoing issue in American society. One of the recurring...

Retail
Porsche Debuts Taycan Electric Sports Car
September 04, 2019

To debut its inaugural all-electric sports car, the Taycan, Porsche selected a Chinese wind farm, a German solar site and Niagara Falls. The unveiling was to occur at simultaneous events in three markets, where the car was to be basked in visuals of sustainable power,...

Retail
From Beer To Snack Bars: Using eCommerce To Upcycle Food
September 04, 2019

When ReGrained Chief Grain Officer (CEO) and Co-Founder Daniel Kurzrock began brewing his own beer, he found that he was wasting food. He was using about a pound of grain for every six-pack of beer he made, which added up. And he thought he could do better...