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JP Morgan Creates $100B Funding Arm To Help UN

PYMNTS

JPMorgan has created a $100 billion funding arm — the JPMorgan Development Finance Institution (DFI) — to expand investments in emerging markets and help the United Nations (U.N.) Our aim is to increase engagement with clients and investors interested in financing critical projects and transactions in emerging markets.”.

National 148
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Navigating The Overstuffed Weight Loss Market

PYMNTS

is largely credited for the global epidemic – even if we are no longer technically the “fattest” country on Earth (congratulations, Nauru ) – the problem has definitively spread inside our national borders. The firm recently raised $10 million in Series A funding to push its sustainable lifestyle-changing app into the wider global market.

Marketing 131
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Former Restaurant Execs Seek $230M For SPAC

PYMNTS

Greg Golkin, managing partner at Kitchen Fund, is named as president. Tastemaker’s chief financial officer is Chris Bradley, managing director of Mistral Equity Partners, a private equity firm whose portfolio owns El Pollo Loco and Jamba. “We Listed as co-CEOs are David Pace, chairman of the board at Red Robin Gourmet Burgers Inc.

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Grab Creates Accelerator For Vietnam Startups

PYMNTS

Grab Ventures Ignite will nurture and support promising Vietnamese startups in their journey to become national champions in Vietnam’s tech startup ecosystem, in line with the government’s national strategy to create 10 technology unicorns by 2030,” Grab said in a statement.

National 130
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TRENDING: Why Grocery Stores Want Autonomous Vehicle Delivery

PYMNTS

Recently, the National Institute of Standards and Technology drafted a report advising federal agencies on IoT security. With the global self-driving vehicle market expected to grow rapidly from 2021 to 2030, players are now diving into exploring the technology’s many potential use cases. About The Tracker.

Trends 173
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Deep Dive: Emerging Response To B2B, P2P Cross-Border Payments Pain

PYMNTS

The cross-border business payments market is significant, as Medici research finds that international accounts payable (AP) by small- and medium-sized businesses (SMBs) currently hold approximately $7 trillion, and marketplace payouts amount to about $8 trillion. International B2B Payments Pains.

Payments 102
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Your everything IBM at Sibos guide

Insights on Business

Please join Likhit Wagle, Global Industry General Manager Banking & Financial Markets, Jesse Lund, Global Vice President, IBM Blockchain, and Raj Venkatraman, Director, IBM Global Payment Solutions for an exclusive dinner to kick-off Sibos 2018 Sunday, 21 October 2018 at 7:00 pm at Doltone House Jones Bay Wharf, Sydney.