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The Pennsylvania bank run by Sam Sidhu is updating its platform to support real-time payments for cryptocurrency companies and will offer embedded finance and banking-as-a-service to fintechs.
Barron’s reports that online small business lender Kabbage is shopping for buyers and could fetch more than $1bn; the potential...
Chinese e-commerce giants Alibaba and Tencent are leading e-commerce market growth, seeking to do everything from cloud computing to digital payments; the Chinese market infrastructure is also helping their business growth and their business models are rivaling comparative US companies; Jack Ma's Alibaba is expanding rapidly in the global markets with partnerships and acquisitions and Tencent is following closely with numerous acquisitions as well; investment bank Goldman Sachs estimates China's online retail market to double in size by 2020 to $1.7 trillion and aggressive market expansion from Alibaba and Tencent appears to be successfully supporting that estimate. Source
We are all aware that the coronavirus is having a dramatic impact on consumers as over 30 million people are...
While several major crypto trading platforms are making large-scale layoffs and freezing hiring, some of their rivals have rushed to reassure their staff and the public that they are sticking to their recruiting plans despite the current market downturn.
Nav Athwal was a founder and CEO of RealtyShares; the company has raised over $500 million for real estate deals and is one of the leaders in the real estate crowdfunding space; Crowdfund Insider spoke to Athwal who stated, “RealtyShares is in the strongest position it’s ever been in. The company is moving from the build phase to the scale phase of its lifecycle. To best position RealtyShares for the future, I made the decision to transition out of my role as CEO to a new role on the Board of Directors. I asked Ed Forst to take on the role of interim CEO, while we look for a permanent CEO who will fit the culture and profile we’re seeking. I am still very much a part of RealtyShares and will be actively involved in strategic decision-making. I am looking forward to supporting the company in this new capacity and getting back into principal real estate investing and agribusiness. As I begin to work on additional projects, I will be sure to let you know.” Source
In an op-ed in American Banker the executive director of the Marketplace Lending Association, Nat Hoopes, argues that small banks...
SAP SE (NYSE: SAP) today announced its intent to acquire a majority stake of Taulia, a leading provider of working capital management solutions.
All the market drama surrounding plunging cryptocurrency values in 2018 took the focus off of the real progress blockchain technology made...