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Aussie Reserve Bank Throws Shade On Banks’ Slow Response To New Payments Platform

Aussie Reserve Bank Throws Shade On Banks’ Slow Response To New Payments Platform
Aussie Reserve Bank Throws Shade On Banks’ Slow Response To New Payments Platform
May 17, 2019  |  Banking

The Reserve Bank of Australia (RBA) has sent a warning to major banks that its slow progress in implementing the New Payments Platform (NPP) has...

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GetYourGuide Closes $484M Round Led By SoftBank
GetYourGuide Closes $484M Round Led By SoftBank
May 17, 2019  |  Investments

Travel booking platform GetYourGuide announced that it has raised $484 million in Series E funding, led by the SoftBank Vision Fund. The round also saw participation...

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European Central Bank Says EU Banks Shun Cross-Border Activity
European Central Bank Says EU Banks Shun Cross-Border Activity
May 16, 2019  |  Regulation

Eurozone banks are at risk of fragmentation and are turning away from cross-border activity, Reuters reported. Get the Full Story Complete the form to unlock...

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Bernie Sanders Wants To Break Up Facebook
Bernie Sanders Wants To Break Up Facebook
May 16, 2019  |  Regulation

Sen. Bernie Sanders, a 2020 presidential candidate, has voiced his support in breaking up Facebook, according to reports, something fellow candidate Sen. Elizabeth Warren has...

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Instagram Discontinues Direct Messaging App
Instagram Discontinues Direct Messaging App
May 16, 2019  |  Mobile Applications

Instagram is shutting down Direct, a standalone direct messaging app that was meant to compete with Snapchat, according to a report. Get the Full Story...

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Uber/Lyft IPO Doldrums To Spill Over To WeWork?
Uber/Lyft IPO Doldrums To Spill Over To WeWork?
May 16, 2019  |  Investments

They say a rising tide lifts all boats. Maybe the opposite is true, too, in a way – that a rocky sea swamps all ships....

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Singapore Payments Startup YouTrip Raises $25.5M For Apac Expansion
Singapore Payments Startup YouTrip Raises $25.5M For Apac Expansion
May 16, 2019  |  Investments

Singaporean multi-currency payments app YouTrip has raised $25.5 million in a pre-Series A funding round, the company announced on Thursday (May 16). Get the Full...

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Ride-Hailing Startup Kapten Takes Aim At Uber In The UK
Ride-Hailing Startup Kapten Takes Aim At Uber In The UK
May 16, 2019  |  Ridesharing

Kapten, a ride-hailing startup that’s backed by Daimler and BMW, has started operating in London and has put up ads targeted at Uber about how...

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Apple’s Former Retail Chief Joins Airbnb Board
Apple’s Former Retail Chief Joins Airbnb Board
May 16, 2019  |  Personnel

Angela Ahrendts, the former retail head at Apple, will join the board of Airbnb, according to a report by CNBC. Get the Full Story Complete...

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