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RBS Fund Takes Back £50M From Metro Bank

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After Metro Bank recently pulled back from plans to expand and decided to move away from lending for mortgages, the bank said it will return £50 million from the RBS bailout fund, according to a report. The bank had to reconfigure its strategy after fourth-quarter results showed a pre-tax loss of £130.8

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Managing Spend In A Sector Where Unplanned Expenses Are The Norm Issues

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The latest Workforce Spend Playbook examines how an increasingly younger workforce is changing employees’ and employers’ approaches to payment and expense spending, as well as the ways manual spending tools could hurt both during tax season and in spend reporting. Why Deft Spend Management Is Crucial To Successful Event Planning.

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Payhawk Raises $3.35M For Virtual Corporate Cards

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Payhawk aims to eliminate the divide between corporate cards and expense management, working on top of existing banks. The country’s laws allow paper receipts to be stored in digital archives in ways that work with tax laws. In Paris, riders have the option of buying reusable, contactless cards to access the metro.

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Coconut Joins Race For RBS Funds

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.” “If we are selected,” he added, “the prize will help us develop richer features to help manage business finances and reach hundreds of thousands of customers in the U.K.” The solution, which will launch sometime this month, complies with tax regulators’ mandate to adopt digital-only VAT submissions.

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Amazon India Gears Up For Festival Season With Furniture

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More than 65 percent of its sales originate from shoppers outside the metros in cities like Raipur, Vellore, Nasik, Udupi, Kollam, Kota and Palakkad. Amazon’s Marketplace Appstore is now live in the country, enabling sellers to access third-party applications to promote their business management, automation and growth goals.

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Sizzle Of The Week: Zelle’s Accelerating Growth

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Marcus : Goldman’s FinTech play on online banking logged $ 35 billion in deposits in 2018, said management during a post-earnings conference call – and this comes only two years after launch. Some troubling trends seem afoot – as all loan types, and all major metro areas measured, saw rising defaults.

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UK Metro Bank Hit By Messaging Scams

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To that end, Metro Bank said earlier this week that at least some of its customers had been victimized by fraud that focuses on text messages sent across telecom companies’ networks that Reuters reported are used to verify transactions. Metro said that the attacks are leveled at a number of British banks, a roster that includes Metro. “Of

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