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SMB-Focused Lender Judo Bank Attains Unicorn Status

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Australia’s Judo Bank has attained unicorn status, according to FinTech Magazine , meaning it has achieved a valuation of at least $1 billion. Judo Bank, a challenger bank, received $148 million in a Series C funding round from investors, including existing backers like Ironbridge Capital and Bain Capital.

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China Regulators Eyeing Rules Concerning ICOs

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According to a news report in Business Insider , citing the Beijing-based financial magazine Caixin , Chinese regulators including the People’s Bank of China and the China Securities Regulatory Commission are currently looking at how best to approach initial coin offerings (ICOs). 7 of this year. 7 of this year.

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Digitization Has Yet To Prove Its Worth For Banks’ Trade Finance Operations

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As covered by Global Trade Magazine in reports in Monday (June 11), the ICC’s 2018 “ Global Trade: Securing Future Growth ” report included a survey of 251 global banks — 8 percent of those respondents provide 90 percent of the world’s trade finance value. Digitalization will make trade more inclusive. .”

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Is Rocky SAP Shareholder Vote Cause For Concern?

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SAP ’s supervisory board only narrowly secured shareholder approval for its actions during its annual general meeting, securing 50.49 Nearly 70 percent of SAP’s share capital was represented at the Wednesday meeting, reports said. percent of the vote.

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Bulletin: A Cheaper Way To Sell In-Store

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With that in mind, the company has secured funding from YC, Notation Capital, Halogen Ventures and Jesse Draper. Bulletin actually joined YC’s fellowship program for founders last year and initially wanted to create a “shoppable magazine” online for up-and-coming brands.

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Crypto Fails To Impress For Corporate Tax Payments

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State Treasurer Robert Sprague spoke at the Ohio State Associated Press forum earlier this month, reports in Bitcoin Magazine said last week, where he offered new details on adoption of business crypto tax payments. Some industry innovators are looking to drive change, however.

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UK Attorney Wants Permission To Appeal Mastercard Verdict

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According to a news report by Commercial Dispute Resolution Magazine ( CDR ) , the law firm, which represents Walter Merricks, who brought an action against Mastercard on behalf of thousands of consumers, confirmed an appeal is being sought. Burford Capital bankrolled the original claim but reported it won’t be funding the appeal.

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