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Wells Faces Continued Scrutiny After Scandals

Wells Faces Continued Scrutiny After Scandals
Wells Faces Continued Scrutiny After Scandals
January 24, 2020  |  Bank Regulation

Wells Fargo’s woes, which began in earnest in 2016 when a scandal involving millions of fake accounts created to boost numbers came to light, are...

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Proposed Laws Could Make Washington Leader In AI Regulation
Proposed Laws Could Make Washington Leader In AI Regulation
January 24, 2020  |  Artificial Intelligence

With an array of bills brought forward by lawmakers during this legislative session, Washington state could become a leader in artificial intelligence regulation. The legislation...

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Ripple Chief Teases Upcoming IPO
Ripple Chief Teases Upcoming IPO
January 24, 2020  |  Blockchain

Brad Garlinghouse, the CEO of Ripple, said that initial public offerings (IPOs) will start becoming more common in the fields of cryptocurrency and blockchain this...

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BankUnited Blames Food Delivery Apps For Restaurant Debt Stress
BankUnited Blames Food Delivery Apps For Restaurant Debt Stress
January 24, 2020  |  B2B Payments

U.S. bank BankUnited says restaurant debt in its small business loan portfolios is showing signs of stress, and is blaming food delivery apps like Uber...

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Grubhub Chief Says He’s Open To Deals
Grubhub Chief Says He’s Open To Deals
January 24, 2020  |  Partnerships / Acquisitions

The CEO of GrubHub Matt Maloney has denied rumors that the company is looking to sell, but he did say he was open to a...

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Mastercard Invests In Asia’s Pine Labs For Electronic Payment Options
Mastercard Invests In Asia’s Pine Labs For Electronic Payment Options
January 24, 2020  |  Mastercard

In order to accelerate the use of electronic payment options in Asia, Mastercard has invested in merchant commerce platform Pine Labs, according to a press...

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Wells Fargo Fallout, New Amazon Payments Top Week’s News
Wells Fargo Fallout, New Amazon Payments Top Week’s News
January 24, 2020  |  News

It’s that time again — the weekend! But before you really sink into your fun and relaxation, allow the latest edition of the PYMNTS Weekender...

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Saltbox Opens Co-Warehousing Space For SMBs
Saltbox Opens Co-Warehousing Space For SMBs
January 24, 2020  |  B2B Payments

To provide small- to medium-sized businesses (SMBs) with co-warehousing and coworking space, Saltbox opened a 27,000-square-foot facility in Atlanta, according to an announcement. Get the...

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Vancouver Finally Approves Uber And Lyft
Vancouver Finally Approves Uber And Lyft
January 24, 2020  |  Ridesharing

In a move that’s been in the works since 2012, the city of Vancouver has approved Uber and Lyft to operate in the city, according...

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