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Small Business Rescue Program Faces Tech Challenges

PYMNTS

In addition, community bankers shared their frustrations on social media about not being able to get into the system and modifications to the form. People took to social media to complain about how they were sent away by BoA, and how other FIs weren’t yet taking applications. More than 85,000 people asked for $22.2

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WeTrade Platform's Nasdaq Transfer From OTC Could Raise $121 Million

PYMNTS

We expect to utilize the YCloud system to establish a global strategic cooperation with various social media platforms, including Kakao Talk, Line, WhatsApp, Ohho and Bluechat,” according to the listing. Expansion efforts include Mainland China, Hong Kong, Singapore, the Philippines and other Southeast Asian countries.

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China Asks Tech Firms For Apps To Track Health, Travel Amid Outbreak

PYMNTS

Chinese tech firms are helping the government enact a new “health rating” system that will track millions of citizens preparing to return to work in factories within China amid the coronavirus outbreak that has gone on since early this year, The Wall Street Journal (WSJ) reported.

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Salesforce Launches New Features For Easier Social Commerce, Global Transactions

PYMNTS

Salesforce has announced a broad expansion of its Order Management offerings, including the ability for companies to let online shoppers complete purchases without leaving social media channels. ” Salesforce’s response to COVID-19 extends beyond adding or changing product features.

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Fintech Deals to Watch: Back to School

Gonzobanker

Thankfully, there was still a smartphone and social media to commiserate. Then, bad grades came in right as summer party season kicked off, mom and dad took away the car and credit card, and the Venmo transfers came to a screeching halt. Keep an eye on the initial banks working on these projects.

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Facebook Class Action Filed Claiming Discrimination by Financial Services Advertisers

CFPB Monitor

The lawsuit comes seven months after Facebook agreed to change its targeting advertising system in order to settle lawsuits involving allegations that employers, landlords and lenders were allowed to discriminate through advertisements targeted to certain age, gender, regional and ethnic groups.

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Taking China’s eCommerce Lessons On The Road

PYMNTS

We see a lot of opportunities in those new regions. Vietnam and India were the first markets we entered, and we have seen faster than expected growth in those regions, which gives us a lot of faith in the future growth yet to come,” Ning noted. All of this needs to be activated and supported.”.

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