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Sears’ Payment Default Risk Has Suppliers Fleeing
Sears’ Payment Default Risk Has Suppliers Fleeing
August 28, 2017  |  B2B Payments

Some Sears suppliers are refusing to work with the company, while others are demanding more favorable payment terms, as they struggle to find affordable accounts...

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EU Investment Fund Continues Withdrawal From UK SMB Funding
EU Investment Fund Continues Withdrawal From UK SMB Funding
August 28, 2017  |  B2B Payments

Non-financial business lending in the U.K. has dipped significantly, according to new data outlined by Business Matters, with European funds also pulling back from the market....

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HSBC Business Accounts Frozen After AML Misstep
HSBC Business Accounts Frozen After AML Misstep
August 28, 2017  |  B2B Payments

HSBC U.K. has reportedly frozen some small business (SMB) bank accounts, according to news reports from Reuters. Get the Full Story Complete the form to unlock...

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SMBs’ Focus On Financial Expertise Leads Growth Strategy
SMBs’ Focus On Financial Expertise Leads Growth Strategy
August 28, 2017  |  B2B Payments

Small business lending in the U.K. took a major downturn in July, according to new figures, with financing dropping by $900 million in a single...

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Fed Chair Says Financial Reform Hasn’t Hurt Economy
Fed Chair Says Financial Reform Hasn’t Hurt Economy
August 28, 2017  |  Bank Regulation

Federal Reserve Chair Janet Yellen defended financial reforms that were put in place after the Great Recession, arguing they have strengthened the financial system and...

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Profits Up More Than 130 percent In Klarna’s Half-Year Report
Profits Up More Than 130 percent In Klarna’s Half-Year Report
August 28, 2017  |  Payment Methods

Klarna, the online payments firm based in Sweden, and one of the unicorns that came of age with a more than $1-billion valuation, posted results...

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Naspers Chairman Pushes Back On Calls To Sell Its Tencent Stake
Naspers Chairman Pushes Back On Calls To Sell Its Tencent Stake
August 28, 2017  |  International

Faced with calls to break up the eCommerce and Pay TV company and sell its stake in Tecent, the chairman of South Africa’s Naspers said...

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New York State Of (Cybersecurity) Mind
New York State Of (Cybersecurity) Mind
August 28, 2017  |  Regulation

New cyber-rules are taking effect in New York state, with wide-ranging impact for financial services players near and far.  Brexit gets down to business on...

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Ford To Use Machine Learning To Assess Credit Risk
Ford To Use Machine Learning To Assess Credit Risk
August 28, 2017  |  Loans

ƒFord Motor Credit Co. the financing arm of the vehicle manufacturer, announced Friday (Aug. 25) that it will implement machine learning credit approval models to...

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