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21,129 results 06/18/2019 08:00
Corporate auditing and accounting firm KPMG remains in the crosshairs of regulators in various parts of the globe. The most recent case is rooted in the U.S., where the Securities and Exchange Commission (SEC) has settled its case with KPMG for $50 million. Reports in The Street on Monday (June 17) said the case stems […] 06/18/2019 08:00
Payroll startup PayFit has announced $79 million in new funding, according to reports Monday (June 17). The France-based company secured the funding from Eurazeo and Bpifrance, which are backing PayFit’s payroll and human resource management technology services designed for multiple European countries’ particular labor laws. Its Software-as-a-Service offering automates pay slip generation, emailing workers when […] 06/18/2019 07:12
Mobile wallet app MobiKwik announced that it is partnering with Singapore-based DT One to expand into international markets. The partnership will enable the app to offer international mobile recharge, rewards and airtime credit services in more than 150 nations across some 550 mobile operators. The service is geared towards Indians living overseas and immigrants in […] 06/18/2019 07:04
Turnkey open banking platform Token has received a $36.5 million investment from a few investors, including Opera Tech Ventures, which is the venture division of bank BNP Paribas. Other investors include banks in the Middle East and Southeast Asia, according to a release by the company. Older investors like EQT Ventures and Octopus Ventures also […] 06/18/2019 06:56
Economist Nouriel Roubini has called out Facebook’s soon-to-be announced cryptocurrency, GlobalCoin, saying it is not really crypto. “It has nothing to do with blockchain. Fully private, controlled, centralized, verified and authorized by a small number of permissioned nodes. So, what is crypto or blockchain about it? None,” he said in an interview with CoinDesk. Though […] 06/18/2019 06:30
Lloyd’s of London is looking into its auto coverage options to prepare for the impending rise in driverless technology. Chief Executive Officer John Neal said that the 330-year-old insurance market is in discussions with automakers about different policies as car ownership changes. He said that the shift is “inevitable” as companies explore their own insurance […] 06/18/2019 06:17
A cannabis joint venture plans to start selling different types of marijuana-infused beverages in Canada this year. The maker of Coors Light has partnered with Quebec-based Hexo Corp. to create various non-alcoholic, cannabis-infused drinks that will hit the Canadian market on the first day they can be legally sold. The joint venture, Truss, will have […] 06/18/2019 04:02
Cybercrime is both pervasive and expensive, as modern problems go. According to reports, citing the University of Maryland, there is an attempted hack every 39 seconds. By some estimates, cybercrime will have cost the world $6 trillion by 2021 in damaged and destroyed data, stolen money, lost productivity, theft of intellectual property, theft of personal and […] 06/17/2019 22:22
Dunkin’ has announced that it is partnering with Grubhub on the launch of its Dunkin’ Delivers service. More than 400 Dunkin’ restaurants throughout New York City’s five boroughs are now offering delivery through Seamless, Grubhub’s New York brand. And there are plans to expand the service to additional markets in the coming months, including Boston, […] 06/17/2019 22:07
After launching a partnership with Jaguar Land Rover, Waymo, the self-driving vehicle unit of Alphabet, has now started testing self-driving Jaguar I-Pace vehicles on public streets. Back in March, Waymo and Jaguar Land Rover announced they were teaming up to create the world’s first high-end, electric, fully self-driving vehicle for Waymo’s transportation service. Waymo said at the […] 06/17/2019 17:48
Deutsche Bank has announced that as part of a complete overhaul of its trading operations it’s creating a non-core asset unit, or “bad bank,” to house tens of billions of euros in assets, according to a report by the Financial Times. Bank CEO Christian Sewing is trying to move the bank away from investment banking […]

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