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Foreign Startups Receive Fresh Capital From Chinese VCs

PYMNTS

China’s venture capital landscape is undergoing a shuffle,” Shanghai-based Wei Zhou, founder and CEO of XNode, said in an interview with Venture Beat , “which means that startups are scrutinized more rigorously than in the past and fewer domestic candidates pass the screening. As of October 2018, venture investment in China hit $93.8

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Former Restaurant Execs Seek $230M For SPAC

PYMNTS

Companies and investment firms with a member of our management team in an executive, partner or board role have completed over 100 merger and acquisition, capital markets and private investing transactions since 2010.”. In August, Ruby Tuesday Founder Sandy Beall and Doug Jacob, co-founder of the Washington, D.C.-based

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Finastra research points to open finance progress

Bobsguide

London, UK – October 3, 2022 – Finastra today revealed a sneak peek at its annual State of the Nation Financial Services research. 85% of professionals at financial institutions agree: open finance is already making the financial services industry more collaborative and is having a positive impact.

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Deep Dive: The Latest Initiatives To Expand Mobile IDs

PYMNTS

The world’s population is expanding and many citizens — particularly those in developing nations — have no means of proving their identities, restricting their access to vital services like education and healthcare. The government plans to adapt SingPass for smartphones this year by rolling out a new national digital identity (NDI).

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Union Budget 2021: Highlights

BankBazaar

The National Sample Survey Office conducted a survey between 2017 and 2018, sampling 113,823 urban and rural households. National Asset Monetising Pipeline launched to monitor asset monetisation process. National Rail Plan created to bring a future-ready Railway system by 2030. The findings indicate that a whopping 85.9

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Bahrain Development Bank Selects TCS BaNCS Global Banking Platform to Speed Up Innovation

Bobsguide

BDB offers conventional and Islamic business finance services, venture capital and investment advisory to small and medium enterprises across multiple industries in the Kingdom of Bahrain. This strategy is in line with the Bank’s mission of being an active participant in national strategy by supporting this sector of the economy.

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For Brexit, Uncertainty The Only Certainty

PYMNTS

As if on cue, too, data showed the continued impact of Brexit on the nation, as Monday saw the debut of data from the Office for National Statistics, which showed that gross domestic product for the three months that ended in October slowed to 40 basis points year over year, down from 60 basis points. 27-member bloc by 2030.

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