News

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eCommerce Platform Hepsiburada’s Parent Buys Financing Firm Doruk Finasman

eCommerce Platform Hepsiburada’s Parent Buys Financing Firm Doruk Finasman
eCommerce Platform Hepsiburada’s Parent Buys Financing Firm Doruk Finasman
December 17, 2021  |  Partnerships / Acquisitions

The parent company of Turkish eCommerce platform Hepsiburada said on Friday (Dec. 17) that it has entered into a definitive agreement to buy Turkish consumer...

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TikTok Bomb Threats May Test the Limits of Platforms’ Liability 
TikTok Bomb Threats May Test the Limits of Platforms’ Liability 
December 17, 2021  |  Safety and Security

Schools across the U.S. have increased security, and some have even closed on Friday (Dec. 17), after some TikTok posts warning of shooting and bomb...

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Tiger Global Invests $11m in Pakistani Digital Bookkeeper CreditBook
Tiger Global Invests $11m in Pakistani Digital Bookkeeper CreditBook
December 17, 2021  |  Investments

Tiger Global Management LLC has jumped into the booming Pakistan startup market with an investment in small business-focused digital bookkeeping platform CreditBook, Bloomberg reported Friday...

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Payments Startup Checkout.com Hires Meta Crypto Pro Meron Colbeci
Payments Startup Checkout.com Hires Meta Crypto Pro Meron Colbeci
December 17, 2021  |  Personnel

British payments startup Checkout.com is rounding out its executive leadership team with digital currency and payments tech expert Meron Colbeci, formerly of Meta, according to...

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‘Failings’ in HSBC Bank’s AML System Lead to $84M Fine
‘Failings’ in HSBC Bank’s AML System Lead to $84M Fine
December 17, 2021  |  Regulation

The U.K.’s Financial Conduct Authority (FCA) has fined HSBC Bank £63,946,800 ($84.7 million) for “failings” in its anti-money laundering (AML) system. Get the Full Story...

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El Salvador’s Chivo Wallet Buffeted by Sanction Threat, Identity Theft and Privacy Problems
El Salvador’s Chivo Wallet Buffeted by Sanction Threat, Identity Theft and Privacy Problems
December 17, 2021  |  Cryptocurrency

El Salvador’s Chivo wallet just can’t catch a break. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Why Retailers Should Pay Consumers to Keep Their Holiday Returns
Why Retailers Should Pay Consumers to Keep Their Holiday Returns
December 17, 2021  |  Retail

The average return costs retailers two-thirds of the original price (ouch!). This is because of factors like labor, transportation and warehouse expenses – all invisible...

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JCB Debuts NFC-Based Machine-to-Machine Payments
JCB Debuts NFC-Based Machine-to-Machine Payments
December 17, 2021  |  Digital Payments

Japanese payments network JCB recently showed off its machine-to-machine payments infrastructure that enables merchants to accept near-field communication (NFC) payments, even when the customer and...

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Midwest Tornadoes Could Cost $5B in Insurance Payouts 
Midwest Tornadoes Could Cost $5B in Insurance Payouts 
December 17, 2021  |  Disbursements

Insurance companies could make payouts of up to $5 billion from last week’s deadly tornadoes in the Midwest.  Get the Full Story Complete the form...

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