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Facebook Expenses Rise 51 Pct As Regulatory Pressure Increases

Facebook Expenses Rise 51 Pct As Regulatory Pressure Increases
Facebook Expenses Rise 51 Pct As Regulatory Pressure Increases
January 29, 2020  |  Earnings

Facebook reported a 51 percent spike in its costs and expenses for the full year 2019 — that increase coming as the social media platform...

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Coinbase Taps Former Google Exec As Head Of Product
Coinbase Taps Former Google Exec As Head Of Product
January 29, 2020  |  Personnel

Digital currency exchange Coinbase has hired Google Shopping Vice President of Product Surojit Chatterjee as its new chief product officer, according to TechCrunch. Get the...

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Why IoT’s Ball Bearings Need Improving To Keep The Digital Economy Humming
Why IoT’s Ball Bearings Need Improving To Keep The Digital Economy Humming
January 29, 2020  |  Internet of Things

After years of talk and theorizing, the Internet of Things — and that seems to be the label that will stick, at least for now...

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Neobank Joust Targets Freelancers With New App
Neobank Joust Targets Freelancers With New App
January 29, 2020  |  B2B Payments

Neobank startup Joust is rolling out a new banking app to help freelancers and self-employed people manage their businesses, the company announced on Wednesday (Jan....

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Goldman Targets $125B In Consumer Deposit Balances In Five Years
Goldman Targets $125B In Consumer Deposit Balances In Five Years
January 29, 2020  |  Banking

Amid the targets for return on equity in the investment banking business, Goldman’s first Investor Day in the wake of a revamped operating structure placed...

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French FinTech Bankin’ Enables Payments Via Bank Transfers
French FinTech Bankin’ Enables Payments Via Bank Transfers
January 29, 2020  |  Payments Innovation

A French banking startup called Bankin’ has introduced Bridge Pay, an application programming interface (API) that will let people make payments using bank transfers, according...

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FIS Partners With Liberis For SMB Alt Lending
FIS Partners With Liberis For SMB Alt Lending
January 29, 2020  |  B2B Payments

Florida FinTech Fidelity National Information Services (FIS) is partnering with London FinTech Liberis, to offer small to medium-sized businesses (SMBs) an alternative funding source, FIS...

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UK Mining Firm Ditches SMB Reverse Factoring
UK Mining Firm Ditches SMB Reverse Factoring
January 29, 2020  |  B2B Payments

With mounting pressure from small and medium-sized businesses (SMBs) as well as the media and politicians, U.K.-headquartered mining firm Rio Tinto is ditching its reverse...

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France Tax Authorities Demand Data From Airbnb
France Tax Authorities Demand Data From Airbnb
January 29, 2020  |  International

Airbnb is facing a deadline to send data to French tax authorities over a law that compels marketplaces to provide revenue and other company information...

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