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Italy Factoring Firm CashInvoice Turns To Crowdfunding

Italy Factoring Firm CashInvoice Turns To Crowdfunding
Italy Factoring Firm CashInvoice Turns To Crowdfunding
March 15, 2020  |  B2B Payments

Italian factoring startup CashInvoice launched an equity crowdfunding campaign on CrowFundMe, hoping to raise at least 200,000 euros ($222,000), the company said in a statement....

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NY Crypto Cos. Ordered To Create Coronavirus Emergency Plans
NY Crypto Cos. Ordered To Create Coronavirus Emergency Plans
March 15, 2020  |  Economy

The New York Department of Financial Services (NYDFS) sent a letter to the approximate 18 cryptocurrency firms it regulates saying they have 30 days to...

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American Airlines Suspends Most Long International Flights Through May
American Airlines Suspends Most Long International Flights Through May
March 15, 2020  |  Economy

American Airlines is curbing its flights for the next month or so in response to the deadly coronavirus, which has been exacerbated by international travel...

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EU Ministers To Meet Via Video On Virus’ Financial Hit
EU Ministers To Meet Via Video On Virus’ Financial Hit
March 15, 2020  |  Europe

Mario Centeno, head of the Eurogroup of eurozone finance ministers, will head up a video conference meeting of European Union officials Monday (March 16) in...

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NYC Bank Runs Short Of Big Bills As Customers Hoard Cash
NYC Bank Runs Short Of Big Bills As Customers Hoard Cash
March 15, 2020  |  Cash

The stock market’s plummeting numbers have caused some banks to run out of large bill denominations as customers flock to take as much out of...

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House Chairwoman Tells FDIC To Halt ILC Charters
House Chairwoman Tells FDIC To Halt ILC Charters
March 15, 2020  |  Loans

Congresswoman Maxine Waters, chairwoman of the House Committee on Financial Services, wants to stop any new Industrial Loan Company (ILC) charters until further notice, citing...

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SEC Reduces Audit Rules For Smaller Firms
SEC Reduces Audit Rules For Smaller Firms
March 15, 2020  |  B2B Payments

The Securities and Exchange Commission (SEC) voted last week to ease audit requirements for some small, publicly traded companies, the agency said in a statement...

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Fed Slashes Interest Rates To Near Zero
Fed Slashes Interest Rates To Near Zero
March 15, 2020  |  Economy

The Federal Reserve announced Sunday (March 15) it would drop benchmark interest rates to zero and buy at least $700 billion in government bonds as...

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