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German Finance Minister Speaks Out Against Stablecoins
German Finance Minister Speaks Out Against Stablecoins
September 18, 2019  |  Cryptocurrency

The Finance Minister in Germany Olaf Scholz spoke out on Tuesday (Sept. 17) about proposed cryptocurrencies like Facebook’s Libra and said Berlin would reject them,...

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Facebook Lobbied UK For Libra Support Pre-Launch
Facebook Lobbied UK For Libra Support Pre-Launch
September 18, 2019  |  Cryptocurrency

Before it publicly released its plans for Libra, Facebook met with the Finance Ministry, the central bank and regulators in the U.K. about the proposed...

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Indonesian Lending FinTech JULO Closes $15M Series A
Indonesian Lending FinTech JULO Closes $15M Series A
September 18, 2019  |  Investments

Indonesian peer-to-peer lending platform JULO is closing its Series A2 funding round with $15 million raised, after extending its initial $5 million Series A funding...

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Starbucks Consumers In Japan Can Pay With NCF Pen
Starbucks Consumers In Japan Can Pay With NCF Pen
September 18, 2019  |  Innovation

Starbucks has announced the release of an actual pen that consumers can use to pay at the register in Japan, according to reports. Get the...

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TouchBistro Lands $119M To Expand Restaurant POS Tech
TouchBistro Lands $119M To Expand Restaurant POS Tech
September 18, 2019  |  Restaurant innovation

Restaurant POS and payments firm TouchBistro has raised CDN $158 million (U.S. $119.24 million) in a Series E funding round led by OMERS Growth Equity,...

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TSYS, Global Payments Merger Finalized In ‘Landmark Transaction’
TSYS, Global Payments Merger Finalized In ‘Landmark Transaction’
September 18, 2019  |  Partnerships / Acquisitions

Payments companies Global Payments and TSYS (Total System Services) have finalized a merger deal that creates a combined pure play payments technology company with substantial...

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Walmart Launches New Rewards Credit Cards With Cap One
Walmart Launches New Rewards Credit Cards With Cap One
September 18, 2019  |  Payment Methods

Walmart has announced it is teaming up with Capital One on a new credit card to be released on Sept. 24, according to a release....

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FinTech InstaReM Launches Remittance Service In Canada
FinTech InstaReM Launches Remittance Service In Canada
September 18, 2019  |  Global Payments

Cross-border payments provider InstaReM is rolling out its digital money transfer services in Canada, the company said in a press release. Get the Full Story...

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Credit Card Startup Petal Raises $300M Led By Jefferies
Credit Card Startup Petal Raises $300M Led By Jefferies
September 18, 2019  |  Investments

The New York-based FinTech company Petal has announced a $300 million debt round from global investment bank Jefferies, adding to existing venture capital investments from...

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