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Report: South Africa’s Biggest Banks at Risk for Money Laundering
Report: South Africa’s Biggest Banks at Risk for Money Laundering
July 26, 2022  |  Banking

The South African banking regulator has warned that the country’s banking industry is at risk of becoming ensnared in money laundering and terrorist financing activity....

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Ant Group Execs Step Away From Alibaba Amid Probes in China
Ant Group Execs Step Away From Alibaba Amid Probes in China
July 26, 2022  |  Partnerships

Ant Group executives are stepping down as partners of affiliate company Alibaba as the two biggest tech firms in China seek distance from one another against a backdrop...

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Alibaba Slows Global Expansion Plans as eCommerce Platform Struggles
Alibaba Slows Global Expansion Plans as eCommerce Platform Struggles
July 26, 2022  |  eCommerce

Chinese tech giant Alibaba’s global expansion plans — and efforts to rival Amazon by adding more U.S. businesses to its eCommerce platform — are on...

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CFPB Issues $19M Penalty Against Hyundai Over Credit Reporting
CFPB Issues $19M Penalty Against Hyundai Over Credit Reporting
July 26, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has ordered carmaker Hyundai to pay more than $19 million for providing inaccurate information to credit reporting companies. Get...

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Toyota Taps Stripe to Help Auto Repair Shops
Toyota Taps Stripe to Help Auto Repair Shops
July 26, 2022  |  Partnerships

Toyota has teamed up with Stripe on a program designed to simplify repairs for auto shops while also reducing their carbon footprint. Get the Full...

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Grocers Fight Food Waste, Inflation With Mobile App Partnerships
Grocers Fight Food Waste, Inflation With Mobile App Partnerships
July 26, 2022  |  Commerce

As food prices rise, the cost of food waste for grocers — a significant issue in the best of times — becomes an all-the-more pressing...

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Polish Banks Face Fines if They Inhibit Mortgage Payment Holiday Scheme
Polish Banks Face Fines if They Inhibit Mortgage Payment Holiday Scheme
July 26, 2022  |  Regulation

Polish banks could face fines of up to 10% of their annual turnover if they make it difficult for mortgage holders to take advantage of...

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Israel’s Lower Threshold on Cash Transactions Takes Effect Next Week
Israel’s Lower Threshold on Cash Transactions Takes Effect Next Week
July 26, 2022  |  Cash

Since 2019, Israeli businesses and consumers have been subject to a limit on the value of cash transactions. On Aug. 1, that limit is set...

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Digital River Taps Board Member Vic Pacor as New CEO
Digital River Taps Board Member Vic Pacor as New CEO
July 26, 2022  |  Personnel

Global commerce enabler Digital River tapped board member Vic Pacor to immediately take over as the company’s chief executive officer, succeeding Adam Coyle, who assumed the CEO role...

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