Chris Skinner
AUGUST 2, 2020
The main blog headlines are … What’s the impact of coronavirus on FinTech? Someone asked me what the coronavirus pandemic means for the future of FinTech. I guess they thought that not much is happening and many firms will shutter and close. However, some may think that times are dull … The post The Finanser’s Week: 27th July 2020 – 2nd August 2020 appeared first on Chris Skinner's blog.
PYMNTS
AUGUST 2, 2020
Corsair Capital has agreed to acquire B2B credit and payments provider MSTS , purchasing the company from World Fuel Services Corp. , according to a press release. MSTS will remain a standalone business, which will give it the kind of position it needs to keep growing along with the B2B payments market, the release stated. MSTS will continue “to rapidly expand its technology platform and [Credit-as-a-Service] offering both organically through new customers and through strategic acquisition
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TheGuardian
AUGUST 2, 2020
My wife, Catharine French, who has died aged 53, from cancer, was a quiet trailblazer for the rights of women in the City of London, an internal advocate for customers’ rights and a supporter of financial inclusion. The daughter of archaeologists, Elizabeth (nee Wace) and David French, Catharine was brought up in Greece and Turkey before returning to a still quasi-Victorian boarding school education at Cheltenham Ladies College.
PYMNTS
AUGUST 2, 2020
When Fathom Unlimited Inc. needed financial help in April as the pandemic led to a loss of customers, founder Pavia Rosati turned to her bank, Capital One Financial Corp., for help, The Wall Street Journal (WSJ) reported. But the New York consulting firm was on its own because Capital One wasn’t prepared to accept applications for the Paycheck Protection Program (PPP) when it launched.
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Bankelele
AUGUST 2, 2020
Nairobi is home to over 4 million people jostling to earn a living in the hub of Kenya and the Eastern Africa region. It takes many aspects to plan, manage, develop, run and conserve a city like Nairobi sustainably, but the Covid-19 Pandemic has evolved to be an urban crisis, forcing city managers and investors […].
PYMNTS
AUGUST 2, 2020
It didn’t take long for Microsoft to delay its potential purchase of TikTok , the controversial Chinese video-sharing app owned by ByteDance. Microsoft was expected to have a deal in place by Monday (Aug. 3). But the brakes were applied over the weekend after President Donald Trump said he preferred to ban the app and opposed a sale because he alleged the app is used to spy on Americans, The Wall Street Journal (WSJ) reported.
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