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FDIC Warns 5 Companies About Statements Around Deposit Insurance
FDIC Warns 5 Companies About Statements Around Deposit Insurance
August 19, 2022  |  Cryptocurrency

The Federal Deposit Insurance Corporation (FDIC) reported Friday (Aug. 19) that it has issued letters to five companies demanding that they cease and desist from...

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Block ‘Disappointed’ After CFPB Said It Slow-Rolled Cash App Probe
Block ‘Disappointed’ After CFPB Said It Slow-Rolled Cash App Probe
August 19, 2022  |  CFPB

A Block spokesperson told PYMNTS Friday (Aug. 19) that the company is “disappointed” that the Consumer Financial Protection Bureau (CFPB) has filed a petition for...

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DoorDash, Walmart Sever Delivery Deal
DoorDash, Walmart Sever Delivery Deal
August 19, 2022  |  Delivery

DoorDash and Walmart are severing their on-demand grocery delivery partnership, an ongoing deal since 2018 that was initially signed for the Atlanta metro area. Get...

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BitPay Enables Consumers to Purchase Best Buy Gift Cards With Crypto
BitPay Enables Consumers to Purchase Best Buy Gift Cards With Crypto
August 19, 2022  |  Cryptocurrency

Crypto payments technology firm BitPay has added Best Buy gift cards to the range of gift cards that it enables consumers to buy with cryptocurrency....

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Standard Bank Looks to Expand Amid Rising Competition in South Africa
Standard Bank Looks to Expand Amid Rising Competition in South Africa
August 19, 2022  |  Banking

South Africa’s largest lender wants to use its position to expand its business banking services amid increasing competition. Get the Full Story Complete the form...

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Report: Singapore FinTech FinAccel Aims to Raise $100M
Report: Singapore FinTech FinAccel Aims to Raise $100M
August 19, 2022  |  Fintech Investments

Singaporean FinTech FinAccel reportedly aims to raise $100 million at a $1.5 billion valuation.  Get the Full Story Complete the form to unlock this article...

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23andMe Seeks New CFO
23andMe Seeks New CFO
August 19, 2022  |  Healthcare

Genetics testing provider 23andMe said its chief financial officer will leave the company next month after four years with the company. Get the Full Story...

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UK FCA OKs Future Fintech’s Purchase of London Money Transfer Firm
UK FCA OKs Future Fintech’s Purchase of London Money Transfer Firm
August 19, 2022  |  Acquisitions

The U.K. subsidiary of blockchain app tech developer Future FinTech Group (FTFT) has gotten permission from the Financial Conduct Authority (FCA) to acquire money transfer firm Khyber Money...

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Nigerian B2B eCommerce Firm Omnibiz Raises $15M, Plans to Expand
Nigerian B2B eCommerce Firm Omnibiz Raises $15M, Plans to Expand
August 19, 2022  |  B2B Payments

Nigerian B2B eCommerce company Omnibiz has raised $15 million in a pre-Series A funding round and said it plans to expand further in the region....

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