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Sequoia Invests in $1M+ Token Fundraising Round for Parallel DeFi Project

Sequoia Invests in $1M+ Token Fundraising Round for Parallel DeFi Project
Sequoia Invests in $1M+ Token Fundraising Round for Parallel DeFi Project
November 08, 2021  |  Blockchain

Sequoia Capital has invested in a $1 million-plus token fundraising round for decentralized finance (DeFi) lending project Parallel that puts the Polkadot-based protocol’s value at...

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Equity Group Debuts $4.5B Pandemic Business Recovery Initiative
Equity Group Debuts $4.5B Pandemic Business Recovery Initiative
November 08, 2021  |  International

Kenya-based Equity Group Holdings announced Monday (Nov. 8) the debut of a 500-billion shilling ($4.5 billion) loan effort aimed at pulling small- to medium-sized businesses...

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Santander to Axe Overdraft Fees for One-Third of Customers
Santander to Axe Overdraft Fees for One-Third of Customers
November 08, 2021  |  Banking

Santander Bank has launched a new program that it says will eliminate overdraft fees for nearly a third of its customers who have recently overdrawn....

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Automated Expense Company Bezala Teams With ReceiptHero on Digital Receipts
Automated Expense Company Bezala Teams With ReceiptHero on Digital Receipts
November 08, 2021  |  Digital Payments

Finland-based automated expense software company Bezala is partnering with ReceiptHero to offer Bezala customers digital receipts via the Bezala platform, according to a blog post....

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Amid Industrywide Labor Crunch, Walmart Rolls out First-Ever Driverless Truck Route
Amid Industrywide Labor Crunch, Walmart Rolls out First-Ever Driverless Truck Route
November 08, 2021  |  Delivery

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Logistics Startup ShipBob Plans 20 Fulfillment Centers in Europe
Logistics Startup ShipBob Plans 20 Fulfillment Centers in Europe
November 08, 2021  |  SMBs

Logistics startup ShipBob plans to open 20 fulfillment centers in Europe by 2023 to help more consumer brands compete with Amazon and capitalize on the...

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Big Banks Will Soon Consider Crypto, Ex-Citi CEO Says
Big Banks Will Soon Consider Crypto, Ex-Citi CEO Says
November 08, 2021  |  Cryptocurrency

It won’t be long before the world’s banks begin thinking about trading cryptocurrencies, the former CEO of Citigroup said at a recent FinTech event. The...

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Egypt’s Central Bank Approves Instant Payment Regulations
Egypt’s Central Bank Approves Instant Payment Regulations
November 08, 2021  |  Faster Payments

Egypt residents can now make instant electronic payments between bank accounts using their mobile phones, thanks to newly approved regulations by Egypt’s central bank, according...

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Payments Tech Company Makes AP for QSRs a ‘Priority’
Payments Tech Company Makes AP for QSRs a ‘Priority’
November 08, 2021  |  Accounts Payable

Payments technology firm Priority Technology Holdings, Inc. has joined forces with business process automation provider OneDataSource to improve accounts payable (AP) processes for quick-service restaurants...

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