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US Gets Attention Amid Late Payments Trends

US Gets Attention Amid Late Payments Trends
US Gets Attention Amid Late Payments Trends
July 03, 2018  |  B2B Payments

It’s not just the U.K. that sees an increase of late payments – right into Independence Day, the former colonies see their own rising tide...

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For SMB Underwriting, Exploring A More Reliable Kind Of Alternative Data
For SMB Underwriting, Exploring A More Reliable Kind Of Alternative Data
July 03, 2018  |  B2B Payments

The pullback of banks from the small business lending space left a gap filled by alternative lenders who are exploring new ways to connect entrepreneurs...

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Corporates Complete First Transactions On we.trade’s Blockchain Platform
Corporates Complete First Transactions On we.trade’s Blockchain Platform
July 03, 2018  |  B2B Payments

Blockchain firm we.trade announced today (July 2) that it has facilitated its first real-time trade transactions on its blockchain platform. A press release issued by...

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Walmart Names Ex-Amex Exec As Chief Customer Officer
Walmart Names Ex-Amex Exec As Chief Customer Officer
July 03, 2018  |  Retail

As competition makes it challenging for retailers to retain customers, Walmart has created a new position of chief customer officer, which will be responsible for...

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IPOs Make Comeback With $35.2B So Far In 2018
IPOs Make Comeback With $35.2B So Far In 2018
July 03, 2018  |  Market Conditions

With 120 companies using initial public offerings (IPOs) to raise more than $35 billion on U.S. exchanges, companies are raising capital through the markets at...

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Lyft Buys Bikeshare Company To Compete With Uber
Lyft Buys Bikeshare Company To Compete With Uber
July 03, 2018  |  Partnerships / Acquisitions

As Lyft seeks to contend with Uber’s purchase of JUMP Bikes, the ridesharing company said it will buy bikesharing firm Motivate. Lyft would reportedly pay...

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Payday Loan Tycoon Charged With Bankruptcy Fraud
Payday Loan Tycoon Charged With Bankruptcy Fraud
July 03, 2018  |  Loans

After allegedly creating millions of fake debts and selling them to bill collectors, payday loan magnate Joel Tucker was indicted on federal charges. Tucker reportedly...

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SoFi Talking To Banks About $500M Line Of Credit For Buys
SoFi Talking To Banks About $500M Line Of Credit For Buys
July 03, 2018  |  Banking

Social Finance, the online lender, has been holding talks with banks during the past few weeks in an effort to raise around $500 million in...

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PwC Charged $625.3M For Colonial Bank Fraud Scheme
PwC Charged $625.3M For Colonial Bank Fraud Scheme
July 03, 2018  |  Security & Fraud

Following a non-jury trial in March, a federal judge has said that PricewaterhouseCoopers LLP (PwC) must pay the Federal Deposit Insurance Corp. (FDIC) $625.3 million...

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