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E-commerce revenue-based finance provider, Wayflyer announced that it has signed a $1 billion funding deal with investment firm, Neuberger Berman NBXG . The funding, which is an off-balance sheet (OBS) program, will support Wayflyers growth and expand its financing solutions. Wayflyer customers usually take out loans between $300,000 to $400,000 for inventory purchases, shipping costs,
Mastercard Inc MA signed a memorandum of understanding with Fintech Saudi at the Seamless Saudi Arabia 2023 event in Riyadh (Sept. 45). The event focused on the latest innovations in payments, fintech, retail, e-commerce, home delivery, and digital marketing. The agreement comes after Microsoft Corp's MSFT partnership with Abu Dhabi-based artificial intelligence (AI) company G42
Ant Group, an affiliate company of Alibaba Group Holding Ltd – ADR'sBABA , announced the addition of four mobile walletsnow accepted in the Philippines. The wallets are part of its global cross-border digital payments and marketing solution, Alipay+. The wallets include: AlipayHK (Hong Kong SAR), Kakao Pay (South Korea), Touch n Go eWallet (Malaysia)and Alipay
When monsters emerge, secrets follow — The MonsterVerse comes to Apple TV+ with Monarch: Legacy of Monsters teaser “If you come with me, you’ll know everything, I promise.” Jennifer Ouellette – Sep 8, 2023 9:53 pm UTC reader comments 44 with Apple TV+’s new original series, Monarch: Legacy of Monsters, picks up where 2014’s Godzilla
A British parliamentary researcher accused of working for Beijing has denied all spying allegations levelled against him. Speaking through Birnberg Peirce, the law firm representing him, the researcher said he felt “forced to respond to the media accusations that I am a ‘Chinese spy’”. “Given what has been reported, it is vital that it is
Recent high-profile hot wallet breaches have sent shockwaves through the crypto community, prompting industry experts to weigh in on potential security lapses and the urgent need for enhanced cybersecurity measures. Benzinga spoke to expertswhohighlighted the significance of robust security infrastructure, the vulnerabilities of hot wallets and the importance of global cooperation in ensuring a safer
E-commerce revenue-based finance provider, Wayflyer announced that it has signed a $1 billion funding deal with investment firm, Neuberger Berman NBXG . The funding, which is an off-balance sheet (OBS) program, will support Wayflyers growth and expand its financing solutions. Wayflyer customers usually take out loans between $300,000 to $400,000 for inventory purchases, shipping costs,
modern indemnification — Microsoft offers legal protection for AI copyright infringement challenges “Some customers are concerned about the risk of IP infringement claims,” says Microsoft. Benj Edwards – Sep 8, 2023 10:40 pm UTC EnlargeGetty Images / Benj Edwards reader comments 111 with On Thursday, Microsoft announced that it will provide legal protection for customers
Mastercard Inc MA signed a memorandum of understanding with Fintech Saudi at the Seamless Saudi Arabia 2023 event in Riyadh (Sept. 45). The event focused on the latest innovations in payments, fintech, retail, e-commerce, home delivery, and digital marketing. The agreement comes after Microsoft Corp's MSFT partnership with Abu Dhabi-based artificial intelligence (AI) company G42
Bank of America Securities analyst Mihir Bhatia issued a note Wednesday concerning the uptrend in student loan repaymentsand the beneficiaries of student loan payments. What Happened: Bhatia noticed that by the end of August, student loan repayments started picking up momentum, and it could spell good news for companies like SoFi Technologies Inc SOFI .
Markit Digital, a well-known entity in the financial world, has undergone a significant name change. Following its merger with S&P Global 18 months ago, it will now be recognized as Fincentricby S&P Global. This shift aims to better align the company's identity with the comprehensive offerings under the S&P Global Market Intelligence suite. Behind the
India’s prime minister Narendra Modi has called for the mandate of multilateral lenders such as the World Bank to be expanded, as the IMF’s managing director demanded an increase in the lender’s resources by the end of the year. Efforts to boost the balance sheets and reform the governance of the Washington-based multilateral lenders have
China has challenged the planned US presidency of the G20 in 2026, according to officials briefed on the discussions, in a move that underscores the deep sense of mistrust between Beijing and Washington. Chinese officials used diplomatic meetings at the G20 summit in New Delhi this week to voice opposition to the US assuming the
Markit Digital, a well-known entity in the financial world, has undergone a significant name change. Following its merger with S&P Global 18 months ago, it will now be recognized as Fincentricby S&P Global. This shift aims to better align the company's identity with the comprehensive offerings under the S&P Global Market Intelligence suite. Behind the
E-commerce revenue-based finance provider, Wayflyer announced that it has signed a $1 billion funding deal with investment firm, Neuberger Berman NBXG . The funding, which is an off-balance sheet (OBS) program, will support Wayflyers growth and expand its financing solutions. Wayflyer customers usually take out loans between $300,000 to $400,000 for inventory purchases, shipping costs,
Barclays PLCBCS is reportedly mulling the sale of a stake in the U.K. merchants' payment processing unitas the bank is seeking a partner to boost the business. The business could be worth at least 2 billion ($2.5 billion), based on an EBITDA of about 300 million and similar deals, Reutersreported, citing statements from four people
Mina Khattak is the director of crypto andemerging business at Worldpay, a project ofFIS, a leading provider of technology solutions for merchants, banksand capital markets firms globally. FIS is a Fortune 500 company, a member of the S&P 500 Indexand is betting big on digital wallets and solving the global need for digital payments through
So much rocket — Rocket Report: Japan launches Moon mission; Ariane 6 fires up in Kourou Japan’s mission will attempt to make a precise landing on the Moon next year. Stephen Clark – Sep 8, 2023 11:00 am UTC Enlarge / A Japanese H-IIA rocket lifts off from the Tanegashima Space Center with an X-ray