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Higher Fees Drive LendingClub’s Earnings Beat

Higher Fees Drive LendingClub’s Earnings Beat
Higher Fees Drive LendingClub’s Earnings Beat
May 08, 2019  |  Alternative Finances

Stronger-than-expected loan originations combined with increased transaction fees to push LendingClub’s quarterly earnings report past analyst expectations when the results went live shortly after the...

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Flywire Renews UnionPay Partnership
Flywire Renews UnionPay Partnership
May 08, 2019  |  Cross Border Commerce

Continuing a partnership first announced last spring, as of today Flywire and UnionPay International are announcing the re-launch of a promotional program that will offer...

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Bitcoin Daily: NYAG To Clarify Bitfinex Demands In Court; OneCoin Sued By Defrauded Investors
Bitcoin Daily: NYAG To Clarify Bitfinex Demands In Court; OneCoin Sued By Defrauded Investors
May 08, 2019  |  Bitcoin

The New York Attorney General (NYAG) will try to make its case against Bitfinex after receiving a court order to refine its demands on the...

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Facebook Picks London As WhatsApp Payments Hub
Facebook Picks London As WhatsApp Payments Hub
May 08, 2019  |  Facebook

Facebook has chosen London as the payments hub for WhatsApp. According to the Financial Times, the app will hire about 100 people. While most of...

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Waymo To Offer Driverless Vehicles Via Lyft
Waymo To Offer Driverless Vehicles Via Lyft
May 08, 2019  |  Ridesharing

Alphabet‘s self-driving subsidiary Waymo revealed more about its ongoing partnership with Lyft, announcing plans to launch 10 of its driverless vehicles on Lyft’s ride-hailing platform...

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Former Danske Chief Charged In Money Laundering Scandal
Former Danske Chief Charged In Money Laundering Scandal
May 08, 2019  |  Legal

Danish prosecutors have charged the former chief executive of Danske Bank over his involvement in one of the world’s largest money laundering scandals. Get the Full...

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NACHA, FPC Team For Faster Payments Playbook
NACHA, FPC Team For Faster Payments Playbook
May 08, 2019  |  Faster Payments

NACHA and its Payments Innovation Alliance announced that it is working with the U.S. Faster Payments Council (FPC) to expand the Faster Payments Playbook. Get the Full Story...

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CUs, Bank Trade Groups Clash Over CFPB Regs
CUs, Bank Trade Groups Clash Over CFPB Regs
May 08, 2019  |  Regulation

Credit union (CU) and bank trade groups are locked in another battle, this time arguing about oversight by the Consumer Financial Protection Bureau (CFPB). Get...

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Crypto Fundraising Has Been Banned On WeChat
Crypto Fundraising Has Been Banned On WeChat
May 07, 2019  |  Cryptocurrency

Tencent-owned Chinese chat app WeChat has altered its terms of service agreement to stop merchants from raising funds using cryptocurrency or tokens, according to reports....

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