MUFG Invests $700M In Ride-Hailing Grab To Create Super-App
MUFG Invests $700M In Ride-Hailing Grab To Create Super-App
February 19, 2020  |  Investments

The largest bank in Japan, Mitsubishi UFJ Financial Group (MUFG), has invested over $700 million in Grab, a ride-hailing company in Southeast Asia that also...

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Why VC Firms See An Opportunity In AR Automation
Why VC Firms See An Opportunity In AR Automation
February 19, 2020  |  Investments

FinTech companies are keeping an eye on investment trends as they aim to serve the needs of the marketplace. Venture capital (VC) and private equity...

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Today In Payments: LendingClub Buys Radius Bank; Walmart Reports Tepid In-Store Sales
Today In Payments: LendingClub Buys Radius Bank; Walmart Reports Tepid In-Store Sales
February 19, 2020  |  News

In today’s top news, LendingClub buys Radius Bancorp in a “transformative” deal, Walmart reports disappointing quarterly earnings due to tepid holiday sales, and Macy’s is...

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FIUs: Fraud, Terrorism Among Global Concerns With Virtual Assets
FIUs: Fraud, Terrorism Among Global Concerns With Virtual Assets
February 19, 2020  |  Cryptocurrency

Financial Intelligence Units (FIUs) from the 39-country Financial Action Task Force (FATF) and the Egmont Group Secretariat gathered in Paris to talk about the global...

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Tipalti FinTech Exceeds $10B In Yearly Transaction Volume
Tipalti FinTech Exceeds $10B In Yearly Transaction Volume
February 19, 2020  |  Accounts Payable

Global payables automation platform Tipalti has exceeded $10 billion in yearly transactions, according to a release on Wednesday (Feb. 19). The company has also passed...

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Blue Apron Sees Upside Potential In Meal Kits Despite Industry Challenges
Blue Apron Sees Upside Potential In Meal Kits Despite Industry Challenges
February 19, 2020  |  Earnings

The meal kit industry is full of challenges – from subscriber churn to competition in a crowded field. But some firms see opportunities in the...

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EU Wants PSD2-Like Regs For Big Tech Data
EU Wants PSD2-Like Regs For Big Tech Data
February 19, 2020  |  Europe

The European Commission is planning a single European market for data, in hopes that by pooling talent, the region can compete with Big Tech in...

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Amazon Is Building A Traditional Supermarket In LA
Amazon Is Building A Traditional Supermarket In LA
February 19, 2020  |  Retail

The normally staid and stable supermarket business is suddenly a hotbed of activity. And the antagonist, per usual, is Amazon. Reports from Seattle and California...

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Coinbase Approved For Principal Visa Membership
Coinbase Approved For Principal Visa Membership
February 19, 2020  |  Cryptocurrency

The Silicon Valley cryptocurrency exchange Coinbase has become the first pure-play crypto startup to earn approval as a Visa principal member, the company said in...

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