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AB 5 Heads To Court And The Battle Over Ridesharing Drivers Intensifies In California

AB 5 Heads To Court And The Battle Over Ridesharing Drivers Intensifies In California
AB 5 Heads To Court And The Battle Over Ridesharing Drivers Intensifies In California
October 14, 2020  |  Legal

Assembly Bill 5, the 2019 California legislation that moved to force gig economy firms — most notably Uber and Lyft — to reclassify their workers...

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Cambridge Global, Ripple Partner On Cross-Border Payments
Cambridge Global, Ripple Partner On Cross-Border Payments
October 14, 2020  |  B2B Payments

Cambridge Global Payments, a FLEETCOR company working on cross-border payments, has partnered with enterprise blockchain solution Ripple on a cross-border payment solution for B2B customers,...

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Flowcast Introduces Tillful For SMB Credit Risk Modeling
Flowcast Introduces Tillful For SMB Credit Risk Modeling
October 14, 2020  |  B2B Payments

Artificial intelligence (AI) credit risk model provider Flowcast has unveiled the Tillful platform that provides quick, complimentary and transparent credit scores in addition to access...

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Report: Trump May Put Ant Group On Trade Blacklist
Report: Trump May Put Ant Group On Trade Blacklist
October 14, 2020  |  International

The U.S. State Department has proposed President Donald Trump add FinTech Ant Group, which has strong ties to the  Alibaba Group empire, to a list...

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EU Competition Watchdog Eyes Changes To Speed Up Amazon Probe
EU Competition Watchdog Eyes Changes To Speed Up Amazon Probe
October 14, 2020  |  ANTITRUST

Amazon faces what could be a major shift in direction in the now more than year-long investigation into the online shopping and tech giant by...

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Goldman’s Marcus Deposits Increase $4B In Q3 To $96B
Goldman’s Marcus Deposits Increase $4B In Q3 To $96B
October 14, 2020  |  Earnings

Goldman Sachs’ latest results showed continued traction in its digital, consumer banking efforts even as its core trading and asset management segments soared. Get the...

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WeWork Co-founder Invests In Residential Real Estate Service
WeWork Co-founder Invests In Residential Real Estate Service
October 14, 2020  |  Investments

WeWork Co-founder Adam Neumann, who left the flexible office-space company during its attempt to go public, has invested $30 million in Alfred Club, a startup...

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Today In Payments: Purchases Using Voice-Assistants Up 10 Pct; Afterpay Goes In-Store Nationwide With Major Retailers
Today In Payments: Purchases Using Voice-Assistants Up 10 Pct; Afterpay Goes In-Store Nationwide With Major...
October 14, 2020  |  News

In today’s top news, purchases via voice assistant are up 10 percent year-over-year, and Afterpay is now available in-store nationwide with major retailers. Plus, J.P....

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Wells Fargo Sees Some Credit And Debit Card Gains Amid Generally Bad Q3
Wells Fargo Sees Some Credit And Debit Card Gains Amid Generally Bad Q3
October 14, 2020  |  Earnings

Despite reporting rough overall Q3 results Wednesday (Oct. 14), Wells Fargo called out strong mortgage banking fees, higher equity markets and declining sequential charge-offs as...

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