Новости за 20.09.2021

Following lawsuit threats by the Security and Exchange Commission (SEC), Coinbase is killing its proposed loan product Coinbase Lend and its associated waitlist. “Our goal is to create great products for our customers and to advance our mission to increase economic freedom in the world,” the company said in a blog post. “As we continue […]

Today in B2B payments, Flipkart and Davinta partner on BNPL opportunities and China’s XTransfer rakes in $138 million for product enhancements. Plus, Square debuts subscription-based invoicing plans to automate the billing process, SupplyMe opens an eCommerce site in United Arab Emirates and PayMate looks to raise $4 million for its reserves. B2B Food Marketplace SupplyMe […]

Traveloka, Indonesia’s travel startup turned super app, is taking a further step into the buy now, pay later (BNPL) arena. The company on Monday (Sept. 20) announced the launch of its PayLater “Virtual Card Number,” which allows customers to use BNPL on eCommerce platforms outside of its network. Just like a regular credit card, the […]

Convenience store delivery service Lula is collaborating with Uber Eats to offer on-demand delivery of convenience store items, according to a Monday (Sept. 20) report from Technical.ly.  Lula works with convenience store chains and mom-and-pop shops alike to list stock for local delivery. With the addition of Uber Eats, the venture will expand to offer […]

The Bangko Sentral ng Pilipinas, the central bank of the Philippines, has approved a digital banking license for the FinTech PayMaya. The company, an arm of Voyager Innovations, will set up a digital banking unit called Maya Bank, CNN Philippines reported on Monday (Sept. 20). According to the report, this gives PayMaya more space to […]

Payments and mobility platform Eurowag is planning a 200 million euro ($236 million) initial public offering (IPO) on the London Stock Exchange, according to reports. Eurowag, a commercial fleet management service provider, is planning a free float of a minimum of 25% of issued share capital and anticipates being eligible for the FTSE UK Index […]

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny. Georgetown Privacy Professor Bedoya Is Biden’s FTC Commissioner Nominee President Joe Biden will nominate Georgetown University law professor and privacy law expert Alvaro Bedoya as a Democratic commissioner on the Federal Trade Commission. Bedoya, who is the leader of the Center […]

The U.S. Treasury's Bureau of the Fiscal Service says it wants nearly all payments coming out of the Treasury to happen electronically within the next nine years. In its annual letter to chief financial officers, the Bureau lists the move to 99% electronic payments by 2030 as one of its financial management goals. “The past […]

Online payments processor Stripe Inc is looking to add dozens of new staff for its London office in 2022 in conjunction with a larger push in Europe, according to a Monday (Sept. 20) report from Bloomberg. The Irish American FinTech and software-as-a-service company is dual-headquartered in San Francisco, Calif., and Dublin, Ireland, according to its […]

DoorDash on Monday (Sept. 20) is adding beer, wine and spirits through the DoorDash Marketplace, which reaches more than 100 million people in 20 states, Washington, D.C., Canada and Australia.  The alcohol-on-demand offering will be available in select DoorDash markets to customers who are old enough to purchase alcohol from restaurants, grocery stores, local retailers […]

Where once mobile rewards programs were the purview of only the most digitally forward-thinking restaurant chains, now it is noteworthy when a restaurant does not offer customers a way to win points for their loyalty. Cinnabon announced Monday (Sept. 20) that it is launching its first app and rewards program, featuring per-dollar points and special […]

Indian pre-owned car marketplace CARS24 raised $450 million in a Series F funding round led by Softbank Vision Fund 2, DST Global, and Falcon Edge, giving the online platform an estimated valuation of $1.84 billion, almost double its previous value. Tencent and existing investors Moore Strategic Ventures and Exor Seeds also participated in the round, […]

Following a decade of success in Europe providing its Instant Payouts offering to bank accounts, Swedish FinTech company Trustly on Monday (Sept. 20) announced the expansion of its service in the U.S. In collaboration with Cross River Bank, the company’s platform enables various U.S. businesses – including trading companies, insurance companies, sports betting platforms and […]

Alexa and voice AI is to the connected economy what Microsoft was to the PC in 1990 and what iOS and Android were to smartphones in 2008: the operating system that will help it scale. Microsoft’s Windows 3.0 operating system turned computers with DOS and green screens into accessible personal computing devices, at scale. Eight […]

The car — that steel horse that’s the main way we get to where we need to go — is rapidly becoming a conduit of commerce. And as that happens, original equipment manufacturers (OEMs), or car manufacturers in this case, have the ability to deepen their relationships with the consumers who buy their cars and […]

Consumers seeking alternatives to traditional credit are turning their attention to lease-to-own options when purchasing durable goods. Lease-to-own allows consumers to acquire new items without the commitment of purchasing or incurring long-term debt. That means that consumers who may not be able to afford an outright purchase can make a series of small, affordable payments […]

In the great digital shift, for small to mid-sized businesses, payments have become very much an “in the field” activity, done both on-site and on-demand. Contractors want to pay their subcontractors. Construction firms need to pay for materials on the fly. Landscapers and any number of firms in the clothing, hospitality and food verticals take […]

The real estate asset class is seen by many investors as a more stable alternative to the volatility of the stock markets. Until recently, though, investors who wanted to buy a single-family home to rent it out had limited options, as they were typically only able to consider properties within a reasonable driving distance that […]

It is getting harder for financial institutions to win what seems to be the endless war on financial crime. Incidences of money laundering, corruption continue to go unchecked, and one needs to look no further than the huge fines financial institutions (FIs) are hit with to find proof. One of the reasons banks and corporations […]

U.S. banking lobby groups want to nix a proposal for bank account reporting that’s part of the congressional reconciliation package. The groups, in a letter to Speaker Nancy Pelosi and House Minority Leader Kevin McCarthy, said the proposal could make for “reputational” challenges for large financial services firms. It could also boost the cost of […]

The federal Department of Health and Human Services is distributing nearly $20 million to three dozen organizations, nationwide, that are working to spread telehealth in rural areas. “Telehealth expands access to care and is a vital tool for improving health equity by providing timely clinical assessment and treatment for our most vulnerable populations,” Health Resources […]

The U.S. investigation into crypto exchange Binance has expanded to include possible insider trading and market manipulation, Bloomberg writes. The inquiry has included the officials looking into whether Binance or its staff made money by taking advantage of its customers. The review involves the Commodity Futures Trading Commission, which has been looking into possible witnesses. […]

Chinese regulators are defending their crackdown on industries that have disrupted the market as they speak with Wall Street executives, saying the new rules aren’t supposed to crush tech companies. China Securities Regulatory Commission Vice Chairman Fang Xinghai has said the recent actions were meant to boost regulations for companies as well as data privacy […]

According to an India-based probe, Google is guilty of abusing its dominant position to hurt competitors. Google reportedly cut down on "the ability and incentive of device manufacturers to develop and sell devices operating on alternative versions of Android," says the June report by the Competition Commission of India's (CCI) investigations unit, per Reuters. The […]

Amazon is selling more ads — and charging more for them — to companies seeking to buy product listings atop customers' search results, CNBC reports. "There’s fewer organic search results on the page, so that increasingly means the only way to get on the page is to buy your way on there,” Jason Goldberg, chief […]