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Report: Bank Trade Finance Revenues Set To Fall 8 Pct In 2020

Report: Bank Trade Finance Revenues Set To Fall 8 Pct In 2020
Report: Bank Trade Finance Revenues Set To Fall 8 Pct In 2020
September 30, 2020  |  B2B Payments

As returns from cash management offers are forecasted to drop 12 percent, trade finance revenues for banks are poised to fall by 8 percent in...

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SPACs Now Comprise 20 Pct Of IPO Market, Apollo’s Harris Says
SPACs Now Comprise 20 Pct Of IPO Market, Apollo’s Harris Says
September 30, 2020  |  Investments

Alternative investment firm Apollo Global Management Co-Founder Josh Harris said he thinks the trend of special purpose acquisition companies (SPACs) is not a flash in...

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Google Unveils New Chromecast With Google TV
Google Unveils New Chromecast With Google TV
September 30, 2020  |  Google

Google unveiled Chromecast with Google TV at its annual hardware event Wednesday (Sept. 30), the company announced in a blog post. Get the Full Story...

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Payroll Management Firm Papaya Global Notches $40M In Series B
Payroll Management Firm Papaya Global Notches $40M In Series B
September 30, 2020  |  B2B Payments

Global payroll company Papaya Global has landed $40 million in a Scale Venture Partners-led funding round, according to a blog post. Get the Full Story...

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Zomato, Swiggy Put On Notice By Google Over In-App Payments
Zomato, Swiggy Put On Notice By Google Over In-App Payments
September 30, 2020  |  Google

Food delivery apps Zomato and Swiggy have been put on notice by the Google Play Store for implementing in-app payment features, a Business-Standard report states,...

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Banks Push Back On Possible Banking Charters For Big Techs Like Amazon And Facebook
Banks Push Back On Possible Banking Charters For Big Techs Like Amazon And Facebook
September 30, 2020  |  Bank Regulation

A U.S. House committee this week began reviewing the idea of allowing the likes of Amazon or Facebook to receive charters to operate as banks...

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Memo Bank Launches Interest-Bearing Account For Businesses
Memo Bank Launches Interest-Bearing Account For Businesses
September 30, 2020  |  B2B Payments

Paris-based business bank Memo Bank is offering a new product three months after obtaining its full banking license, the company said on Wednesday (Sept. 30)....

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Lending Platform October Raises Funding For SMB Loans
Lending Platform October Raises Funding For SMB Loans
September 30, 2020  |  B2B Payments

Lending marketplace October worked with major investors and raised €258 million (close to $303 million) over the summer to fund loans to small and medium-sized businesses (SMBs),...

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US GDP declined by 31.4 percent in Q2, Slightly Better Than Estimates
US GDP declined by 31.4 percent in Q2, Slightly Better Than Estimates
September 30, 2020  |  Economy

For the U.S. GDP, a slight improvement of some very bad numbers is an improvement, technically. Get the Full Story Complete the form to unlock...

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