RBS Fund Takes Back £50M From Metro Bank
RBS Fund Takes Back £50M From Metro Bank
February 26, 2020  |  B2B Payments

After Metro Bank recently pulled back from plans to expand and decided to move away from lending for mortgages, the bank said it will return £50...

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Connected Home Switches On New Funding And Tech Advances
Connected Home Switches On New Funding And Tech Advances
February 26, 2020  |  Investments

The connected home received some juice yesterday as software company Plume closed an $85 million round of financing from Charter Communications, Qualcomm, Belkin and Service...

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Intel Debuts New 5G Infrastructure
Intel Debuts New 5G Infrastructure
February 26, 2020  |  Mobile

Intel has announced that it has a bevy of new infrastructure to work with 5G technology and capitalize on it, according to a press release....

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Brink’s Closes $860M Deal For Majority Stake In G4S
Brink’s Closes $860M Deal For Majority Stake In G4S
February 26, 2020  |  Partnerships / Acquisitions

Cash management firm The Brink’s Company is acquiring a majority stake in the security services company G4S for $860 million (£660 million), The Brink’s Company...

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5G Plans Face Setbacks Amid Coronavirus Spread
5G Plans Face Setbacks Amid Coronavirus Spread
February 26, 2020  |  International

The coronavirus has already dented supply chains — notably those that serve retailers and auto manufacturers, among others. Digging a bit deeper and into the...

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Amazon In Japan Could Face Inventory, Production Impacts From Coronavirus
Amazon In Japan Could Face Inventory, Production Impacts From Coronavirus
February 26, 2020  |  International

The coronavirus (COVID-19), which began in China, has far-reaching impacts that extend beyond health, with a wide range of economic effects in sectors from travel...

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Metro Bank Moves Away From Mortgages After Reporting Error
Metro Bank Moves Away From Mortgages After Reporting Error
February 26, 2020  |  Banking

After a reporting error that caused the exit of its chief executive and chairman in 2019, Metro Bank has announced that it is scaling back...

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Open Banking FinTech Enfuce Fights Fraud With Featurespace
Open Banking FinTech Enfuce Fights Fraud With Featurespace
February 26, 2020  |  B2B Payments

U.K. fraud prevention firm Featurespace announced on Wednesday (Feb. 26) that Enfuce — Finland’s largest FinTech startup — is implementing the Featurespace ARIC Risk Hub to...

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Toyota Backs Chinese Autonomous Driving Startup Pony.ai With $400M
Toyota Backs Chinese Autonomous Driving Startup Pony.ai With $400M
February 26, 2020  |  Investments

Toyota has backed Chinese firm Pony.ai with a $400 million investment, according to the Financial Times. The newest funding totals $462 million and puts a...

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