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FTC Sends $2M In Payments To Fake Immigration Center’s Victims

FTC Sends $2M In Payments To Fake Immigration Center’s Victims
FTC Sends $2M In Payments To Fake Immigration Center’s Victims
March 02, 2020  |  Cybersecurity

In response to fraud from the American Immigration Center, the Federal Trade Commission (FTC) is sending out refunds for those defrauded, according to a press...

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Coronavirus Impacts Felt In NYC, Europe
Coronavirus Impacts Felt In NYC, Europe
March 02, 2020  |  Cross-border Payments

The coronavirus has wide-reaching effects on retailers, meetings of financial leaders, on-demand grocery services and tech conferences. Here are the latest updates on its impacts...

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‘Shark Tank’ Judge Recoups $400K Lost In Phishing Scam
‘Shark Tank’ Judge Recoups $400K Lost In Phishing Scam
March 02, 2020  |  Cybersecurity

Barbara Corcoran, a judge on the popular TV show “Shark Tank,” said she is “thrilled” about getting back almost $400,000 that she lost during a...

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NYC Sues Airbnb Listing Co In Bid To Stop Short-Term Rentals
NYC Sues Airbnb Listing Co In Bid To Stop Short-Term Rentals
March 02, 2020  |  Legal & Regulation

New York City has sued Guesty, a startup that provides services for listing on Airbnb and other home-sharing sites, in an escalation of a feud...

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Lyft And Uber Fund Efforts To Oust CA Lawmaker
Lyft And Uber Fund Efforts To Oust CA Lawmaker
March 02, 2020  |  Gig Economy

Lyft and Uber are fighting back against a California legislator who voted for AB5, a law that could potentially classify drivers as full-time employees and...

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Amazon Develops AI Model For Visual Product Searches
Amazon Develops AI Model For Visual Product Searches
March 02, 2020  |  Amazon

Amazon has announced it has a new artificial intelligence (AI) model that helps convert text to images to aid in searching for products, according to...

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Bankers Call For Overhaul Of RBS Fund Program
Bankers Call For Overhaul Of RBS Fund Program
March 02, 2020  |  B2B Payments

Bankers in the U.K. are asking for government intervention in what they call a “farcical” program meant to help business banking after the program experienced...

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Thought Machine Notches $83M For Cloud Banking
Thought Machine Notches $83M For Cloud Banking
March 02, 2020  |  Investments

Cloud-native London FinTech startup Thought Machine has raised $83 million in a Series B funding round led by Draper Esprit, with participation from existing investors...

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