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Questions Over Whether UK’s Starling Bank Will Hit SMB Loan Target

Questions Over Whether UK’s Starling Bank Will Hit SMB Loan Target
Questions Over Whether UK’s Starling Bank Will Hit SMB Loan Target
December 09, 2019  |  B2B Payments

London’s digital bank startup Starling Bank has loaned just 1 percent of the amount it has pledged to give to small and medium-sized businesses (SMB)...

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Zeus Living Raises $55M To Grow Corporate Housing Service
Zeus Living Raises $55M To Grow Corporate Housing Service
December 09, 2019  |  Investments

Short-term corporate housing company Zeus has raised $55 million in a series B funding round, according to a blog post by the company. Get the...

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SEC Eyes Trade Finance FinTech For Ponzi Scheme Activity
SEC Eyes Trade Finance FinTech For Ponzi Scheme Activity
December 09, 2019  |  Security & Fraud

International Investment Group (IIG), which provides loans to small and medium-sized businesses (SMBs), lost its license after the U.S. Securities and Exchange Commission (SEC) revoked...

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Funding Round Could Give AvidXchange $2B Valuation
Funding Round Could Give AvidXchange $2B Valuation
December 09, 2019  |  B2B Payments

Automated business payments processing firm AvidXchange is launching a new fundraising round that could give the firm a $2 billion valuation, The New York Times...

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Top News In Payments: Goldman To Launch Robo Advisor; Regulators Want Monitoring Of Big Tech Data Use
Top News In Payments: Goldman To Launch Robo Advisor; Regulators Want Monitoring Of Big Tech...
December 09, 2019  |  News

In today’s top news in payments, Goldman plans to launch a robo advisor for clients with lower investment capital than traditional customers, and Apple plans...

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LINE Pay Taiwan To Launch Cross-Border Mobile Payment Alliance
LINE Pay Taiwan To Launch Cross-Border Mobile Payment Alliance
December 09, 2019  |  Payment Methods

LINE Pay Taiwan and iPASS Corp. have formed a collaboration with four major international payment brands to facilitate cross-border payments, the companies said in a...

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Samsung Execs Jailed In South Korea For Evidence Tampering
Samsung Execs Jailed In South Korea For Evidence Tampering
December 09, 2019  |  Security & Fraud

A South Korean court slapped three Samsung Electronics executives with jail sentences Monday (Dec. 9) for evidence tampering during an accounting fraud investigation, Reuters reported. Get...

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Trulioo Global ID Service Now Available In Nigeria, Ghana
Trulioo Global ID Service Now Available In Nigeria, Ghana
December 09, 2019  |  Digital Banking

Global ID verification provider Trulioo has announced it will now be able to verify customers in Nigeria and Ghana, according to a release by the...

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Amsterdam’s Prosus Boosts Just Eat Bid To $6.5B
Amsterdam’s Prosus Boosts Just Eat Bid To $6.5B
December 09, 2019  |  Partnerships / Acquisitions

Naspers-owned Prosus upped its bid to $6.5 billion on Monday (Dec. 9) to acquire London’s food delivery service Just Eat, putting pressure on rival buyer...

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