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FTC Head: Fed Needs Real-Time Payments Mechanism

FTC Head: Fed Needs Real-Time Payments Mechanism
FTC Head: Fed Needs Real-Time Payments Mechanism
November 08, 2019  |  Faster Payments

Federal Trade Commission (FTC) Commissioner Rohit Chopra wrote a letter to the Federal Reserve saying projects like Libra (Facebook’s proposed cryptocurrency) illustrate the need for...

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Bottomline Results Show 17 Pct Digital Banking Subscription Growth
Bottomline Results Show 17 Pct Digital Banking Subscription Growth
November 08, 2019  |  Earnings

Bottomline Technologies reported fiscal first-quarter results that showed continued traction in areas of digital banking and accounts payable (AP) technologies. Get the Full Story Complete...

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Andreessen Horowitz To Launch School For Blockchain/Crypto Startups
Andreessen Horowitz To Launch School For Blockchain/Crypto Startups
November 08, 2019  |  Cryptocurrency

Venture capital firm Andreessen Horowitz is offering a course to help entrepreneurs better understand blockchain technology and cryptocurrency companies, according to a report by CNBC....

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Top News In Payments: Wells Fargo Appoints Public Affairs Exec; CloudKitchen Gets $400M Investment
Top News In Payments: Wells Fargo Appoints Public Affairs Exec; CloudKitchen Gets $400M Investment
November 08, 2019  |  News

In today’s top payments news, Wells Fargo has appointed William M. Daley, a former White House official, to the position of vice chairman of public affairs. Also,...

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BoA Corporate Client Completed $1.6B Mobile Payment
BoA Corporate Client Completed $1.6B Mobile Payment
November 08, 2019  |  Banking

Bank of America offers its corporate clients a unique perk. They can make payments in the billions of dollars on smartphones using the bank’s CashPro...

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Mastercard Introduces True Name Feature On Cards
Mastercard Introduces True Name Feature On Cards
November 08, 2019  |  Payment Methods

Mastercard has announced it will start offering a True Name feature, so that transgender and non-binary persons will be able to have their true names...

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Greek Competition Regulators Raid Banks In Collusion Probe
Greek Competition Regulators Raid Banks In Collusion Probe
November 08, 2019  |  Banking

An independent competition authority in Greece has raided a number of major Greek banks over an investigation into collaboration between the institutions, according to a...

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The Lockup Unicorn Lockstep Of Uber And Post-IPO Peers
The Lockup Unicorn Lockstep Of Uber And Post-IPO Peers
November 08, 2019  |  Markets

When it comes to lockups — look down. That’s the general trend of stocks after an initial public offering (IPO) when insiders are freed up...

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Antitrust Complaint Says Amazon Forces Merchants To Use Its Logistics Services
Antitrust Complaint Says Amazon Forces Merchants To Use Its Logistics Services
November 08, 2019  |  eCommerce

An online merchant has written a letter to Congress saying that the company was forced to use Amazon’s logistics services, as it otherwise would have...

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