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Survey: FIs Are Spending 15 Pct More YoY On Cybersecurity
Survey: FIs Are Spending 15 Pct More YoY On Cybersecurity
August 04, 2020  |  Security & Fraud

Financial institutions (FIs) plan to spend 15 percent more protecting their computer networks in 2020 than they spent in 2019, according to a report based...

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Banks Toughen Lending Requirements For Consumers, Businesses
Banks Toughen Lending Requirements For Consumers, Businesses
August 04, 2020  |  Loans

Banks are increasing their standards for loans to businesses and households, according to the Fed’s latest Senior Loan Officer Opinion Survey on Bank Lending Practices. Get...

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Deep Learning Tech Firm Syntiant Raises $35M In Series C
Deep Learning Tech Firm Syntiant Raises $35M In Series C
August 04, 2020  |  Investments

Voice-focused deep learning tech firm Syntiant has notched $35 million in a Series C funding round. Applied Ventures, LLC and M12, the venture fund of Microsoft,...

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Messenger Lets Businesses Reach Customers Beyond Facebook
Messenger Lets Businesses Reach Customers Beyond Facebook
August 04, 2020  |  Facebook

Facebook Messenger is looking to make it easier for businesses to interact with customers with a new update, according to a press release. Get the...

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T-Mobile Adds 5G To 2K More Communities
T-Mobile Adds 5G To 2K More Communities
August 04, 2020  |  Mobile

The residents of Lisbon, North Dakota, might have been surprised Monday night (Aug. 3) when the skies lit up letting people in the small town...

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SEC Probes Timing Of Eastman Kodak’s Announcement Of $765M Loan
SEC Probes Timing Of Eastman Kodak’s Announcement Of $765M Loan
August 04, 2020  |  Loans

Eastman Kodak’s surprise announcement of plans to reinvent itself as a drug manufacturer has run afoul of the U.S. Securities and Exchange Commission (SEC), a...

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Booking.com To Cut Workforce By 25 Pct
Booking.com To Cut Workforce By 25 Pct
August 04, 2020  |  Travel Payments

Booking Holding Inc., the Connecticut-based company that owns travel website Booking.com, plans to reduce its workforce by as many as 4,250 positions as its business...

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Grab Launches Microinvestment Solution, Consumer Loans, BNPL Plans
Grab Launches Microinvestment Solution, Consumer Loans, BNPL Plans
August 04, 2020  |  financial apps

Grab Financial Group (GFG), a Southeast Asia financial technology (FinTech) and ridesharing company, is expanding its reach with the announcement on Tuesday (Aug. 4) that it...

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Sweden Is Next On Amazon’s Expansion List
Sweden Is Next On Amazon’s Expansion List
August 04, 2020  |  eCommerce

As eCommerce surges around the world amid the coronavirus, Amazon is looking to further expand its presence in the European Union by pushing into Sweden....

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