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SMB FinTech SpotOn Raises $50M In Series B Round

SMB FinTech SpotOn Raises $50M In Series B Round
SMB FinTech SpotOn Raises $50M In Series B Round
March 11, 2020  |  Investments

SpotOn, a point-of-sale payment solution company for small and medium-sized businesses (SMBs), has raised $50 million in a Series B funding round, according to a...

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‘Rent-a-Bank’ Lending Practices Trigger Calls For Regulation
‘Rent-a-Bank’ Lending Practices Trigger Calls For Regulation
March 11, 2020  |  Loans

Consumer advocates are pushing federal banking regulators to do something about rent-a-banks with notoriously sky-high loan rates that prey on people with bad credit, the...

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AML Probe Into Swedbank Turns Up $4.8M In Possible Violations
AML Probe Into Swedbank Turns Up $4.8M In Possible Violations
March 11, 2020  |  Cybersecurity

The Swedbank anti-money laundering (AML) probe by the law firm Clifford Chance has uncovered 586 transactions totaling roughly $4.8 million in possible U.S. sanction violations,...

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US Readies Economic Stimulus To Woo Consumer Spending Out Of Hiding
US Readies Economic Stimulus To Woo Consumer Spending Out Of Hiding
March 11, 2020  |  Economy

It’s almost impossible to look away from the screens of red (sometimes, though, they’re green for an instant) that dominate stock markets. Get the Full...

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Mixed Bag For 2019 Retail IPO Stars
Mixed Bag For 2019 Retail IPO Stars
March 11, 2020  |  Retail

The volatile, COVID-driven stock market has had a mixed effect on the retail IPO class of 2019. The big three initial public offerings — The...

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Knight Dragon Turns To Rental Units Amid Sluggish London Market
Knight Dragon Turns To Rental Units Amid Sluggish London Market
March 11, 2020  |  Retail

Amid London’s sluggish home sales market, billionaire Henry Cheng Kar-Shun’s firm intends to create its inaugural rental homes at an East London development. Knight Dragon...

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Car Vending Machine Company Carvana Goes Up Against Wall Street
Car Vending Machine Company Carvana Goes Up Against Wall Street
March 11, 2020  |  Retail

Wall Street is a tough master, especially for eCommerce companies. Just ask Carvana, the leading online automotive seller and a major force in changing the...

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Discount Retailers Move Away From eCommerce
Discount Retailers Move Away From eCommerce
March 11, 2020  |  Retail

If it weren’t for a certain pandemic that is dominating most news, the two biggest stories in retail over the past week would have been...

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