SoftBank Takes $2B Hit In Quarterly Earnings
SoftBank Takes $2B Hit In Quarterly Earnings
February 12, 2020  |  Investments

SoftBank’s quarterly profit dropped 99 percent to ¥2.59 billion (£18.2 million) following steep Vision Fund losses, according to multiple reports on Wednesday (Feb. 12). The Vision...

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SMB Poll: Bloomberg Can Defeat Trump
SMB Poll: Bloomberg Can Defeat Trump
February 12, 2020  |  B2B Payments

A recent poll of small business owners in the U.S. shows that they believe only presidential candidate Mike Bloomberg can beat President Donald Trump, according...

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EU Softens Stance On 5-Year Ban Of Facial Recognition Tech
EU Softens Stance On 5-Year Ban Of Facial Recognition Tech
February 12, 2020  |  Biometrics

The European Union won’t be passing a blanket moratorium on facial recognition software after initially signaling that it would do so. Instead, it plans to leave...

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eScooters Prepare As Germany Leaders Vote On Ban
eScooters Prepare As Germany Leaders Vote On Ban
February 12, 2020  |  Ridesharing

German officials are planning a vote on Friday (Feb. 14) to decide the fate of electronic scooters in what has become Europe’s largest market. Ever...

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Chinese Firms Request Loans Due To Coronavirus
Chinese Firms Request Loans Due To Coronavirus
February 12, 2020  |  International

To help mitigate the impact of the coronavirus through business lending, over 300 Chinese firms are looking for bank loans totaling a minimum of $8.2...

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Bitcoin Daily: JPMorgan May Merge Quorum With ConsenSys; New Canadian Stablecoin Aims At Cross-Border Payments
Bitcoin Daily: JPMorgan May Merge Quorum With ConsenSys; New Canadian Stablecoin Aims At Cross-Border Payments
February 12, 2020  |  Bitcoin

JPMorgan Chase’s marquee blockchain unit, Quorum, will merge with Brooklyn-based startup ConsenSys, according to sources familiar with the inner workings of the deal. The deal...

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Lending Startup Ads Feature Blockchain Character To Highlight Business
Lending Startup Ads Feature Blockchain Character To Highlight Business
February 12, 2020  |  Blockchain

A new video ad campaign by Figure Technologies has “Blockchain,” the character explaining the eponymous technology, according to published reports Tuesday (Feb. 11). The ad...

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SHOWFIELDS To Open Second Store In Miami
SHOWFIELDS To Open Second Store In Miami
February 12, 2020  |  Retail

Retail store SHOWFIELDS will open a new location in Miami this year, its second, according to a press release. SHOWFIELDS, branding itself as a “next-generation”...

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MoneyGram Enables P2P To A Phone Number
MoneyGram Enables P2P To A Phone Number
February 12, 2020  |  Mobile Payments

MoneyGram, known for its transfers via mobile app, has a new program called FastSend that will enable it to engage in cross-border peer-to-peer (P2P) transfers directly...

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