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Kyriba Payments Network Tackles CFO Mandate

PYMNTS

With hundreds of banks and nearly a million payments per month, Kyriba streamlined our treasury operations, helped us reduce risk by 10x and eliminated more than half of our payments banks, making the team more efficient and effective to support the enterprise.”. via an API that loops into The Clearing House’s RTP network. .

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Brookfield Asset Earmarks $5 Billion To Help Struggling Mall Retailers

PYMNTS

The funds will be managed by Ron Bloom, managing partner and vice chairman of Brookfield’s private equity arm, who said the focus would be on helping small businesses get back on their feet. “We Brookfield also spent time grabbing Las Vegas-based Fashion Show and Illinois’ Oakbrook Center in recent years.

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Automakers Rev Up Venture Capital Engine With 38 Investments in 2017

PYMNTS

As such, automakers are hitting the venture capital highway in droves. In the rideshare arena, InMotion , Jaguar Land Rover’s venture capital arm, invested $25 million in a $600 million funding round for Lyft in 2017. The automaker is also reportedly joining the Open Platform operated by Lyft for autonomous cars. Ridesharing.

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Macy’s Spotlights Women-Owned Businesses With SoGifted

PYMNTS

Macy’s is partnering with the female-led millennial venture capital fund SoGal Ventures to launch an in-store initiative focused on women-owned businesses, Macy’s said in a press release on Thursday (Dec. The two managing partners invest in diverse entrepreneurs at the seed and pre-A stage. Asia Pacific and Europe. Lauderdale.

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Marqeta Debuts Reserve Financing Solution

PYMNTS

The new service was announced at the Money2020 conference in Las Vegas on Tuesday (Oct. Marqeta Reserve Financing works with existing working capital, which will exist next to Marqeta’s issuing platform. Marqeta customers will get detailed reports of capital and simple management processes.

Las Vegas 101
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Marqeta Reserve Gives Issuers Options To Prefund Digital Card Programs

PYMNTS

The new service was announced at the Money2020 conference in Las Vegas on Tuesday (Oct. Marqeta Reserve Financing works with existing working capital, which will exist next to Marqeta’s issuing platform. Marqeta customers will get detailed reports of capital and simple management processes.

Las Vegas 100
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Recap of Money 20/20 USA 2023 and 10 Banking Thoughts

South State Correspondent

In this article, we detail our thoughts and the trends we saw last week in Las Vegas from a banking perspective in hopes of giving you the flavor and insight from the conference without you having to walk 10 miles per day and listen to endless vendor pitches. It’s a whirlwind of education, deal-making, eating, and hugging.