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How One Bank-Fintech Partnership is Working for Small Businesses
It’s no secret that small businesses have been struggling to secure funds with the Paycheck Protection Program (PPP). Banks have wrestled not only to determine eligibility but also with the clumsy...
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Santander Takes Majority Stake in Ebury
Spain-based multinational bank Banco Santander announced today it has acquired a 50.1% stake in Ebury, an international payments, FX, and cash management firm. Santander invested $435 million (£350...
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Personalization and the Road to Loyalty
Gregg Hammerman has seen first hand what works when it comes to personalization. In fact, in 2012, he launched a company built around the entire premise of personalization. Hammerman is now CEO of...
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Motif Investing to Close its Doors
After ten years in the investment space, online brokerage platform Motif will be shutting down operations on May 20. The company notified users via email on April 17 in a message saying, “At this...
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Tencent Pays $300 Million for Stake in Afterpay
China-based internet giant Tencent laid out $300 million to acquire a 5% stake in buy-now-pay-later firm Afterpay. The move is part of a strategic partnership that will offer Afterpay easy access and...
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Autobooks Unveils New Way for Businesses to Receive Payments Online
Small business payments and accounting platform Autobooks unveiled a new initiative today that works directly with small businesses to help them receive credit card payments online. The program, Get...
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Fintech Brings Peace During a Pandemic
COVID-19 has brought many new challenges to daily life– from working from home requirements to new budgetary restraints and stock market volatility. Fortunately, it is in times of crisis when fintech...
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SEC Eases Crowdfunding Restrictions for Small Businesses
The Securities and Exchange Commission (SEC) announced today that it is temporarily easing up on reporting requirements for small businesses that use crowdfunding as a means for fundraising. Small...
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TransUnion Launches Fraud and Identity Unit
Credit reporting agency TransUnion unveiled a new division this week that will unite the company’s fraud and risk offerings. The new unit, Global Fraud & Identity Solutions Group, will tie...
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FinovateAsia is Now Digital – Here’s Why You’ll Love it
With so much uncertainty these days, it’s nice to have something to be sure about. One thing we’re sure about is that our new digital format for FinovateAsia is going to rival the in-person version....
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Emailage Acquired by LexisNexis
Fraud prevention solutions provider Emailage recently announced it has been acquired. LexisNexis Risk Solutions, owned by parent company RELX, closed the deal for $480 million. Emailage was founded in...
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Samsung and SoFi Team Up to Offer Debit Card
Alternative finance solutions provider SoFi and Samsung’s Samsung Pay joined forces this week to launch a debit card. The two have spent the last year collaborating to make a mobile-first money...
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Featurespace to Grow Behavioral Analytics with Fresh $37.4 Million Round
Behavioral analytics technology provider Featurespace announced today that it closed a $37.4 million (£30 million) round of funding. The round, which brings Featurespace’s total funding to $108.6...
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Tools for Digital Transformation in the COVID-19 Era
Photo credit: Georg Eiermann With ongoing stay-at-home orders in place due to COVID-19, companies of all sizes across many industries have had to find a way to take their operations into the digital...
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eToro Reaches 13 Million Users, Spurred by COVID-19
photo credit: Hans Eiskonen on Unsplash Across the globe, many people have shifted their attention to focus on two things: their health and their finances. Fintech companies have stepped up in recent...
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Protecting your Data Whilst your Employees Work from Home
The following is a guest post written by Josephine Jacobs, writer at Academicbrits.com and PhdKingdom.com and an executive coach and organizational consultant. As we move into an unprecedented era of...
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Ant Financial to Invest $73.5 Million in Wave Money
Photo by Jannes Glas on Unsplash Mobile financial services provider and financial inclusion company Wave Money is receiving a boost today from Alipay parent Ant Financial. In an agreement announced,...
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Plaid Exchange Offers Open Banking in a Box
Since the dawn of APIs, the U.S. has struggled to create a consistent open banking approach. Banks and fintechs have battled with each other on screen scraping, customer data, and open access to third...
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Oxygen Builds Out Debit Card Option for Gig Workers
Photo by Spencer Watson on Unsplash As the gig economy grows, so do opportunities for banks and fintechs. That’s what’s on the mind of Oxygen, a challenger bank built for freelancers. The San...
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4 Things We Know for Sure Now that 2020 is Almost Halfway Over
Between extreme wildfires, murder hornets, and the ever-present coronavirus, 2020 has been quite the year so far. Now that the year is almost halfway through, it’s a good time to catch our breath and...
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