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US Lobby Asks India Not To Revise Its Global eCommerce Regulations

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lobbying organization representing companies like Walmart and Amazon has asked India not to strengthen eCommerce mandates for companies outside of the country, Reuters reported on Friday (Jan. India currently permits international eCommerce platforms to link buyers and sellers. 29), citing a letter. Local retailers have accused U.S.

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Western Union Heads To The Cloud To Make B2B Payments Faster

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This growth is not expected to slow down anytime soon, with eCommerce and its associated digital payments expected to hit $4.5 This growth is in part being driven by new investments in payments automation, particularly those that reduce the impact of compliance-related barriers. trillion in 2020.

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B2B Innovators Land Funding For AP, Cybersecurity

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deepwatch , a managed security services provider, has concluded a $53 million Goldman Sachs-led Series B investment with the participation of ABS Capital Partners, a current investor, according to an announcement. Finexio completed $23 million in a capital raise, which was headed up by a Medalist Partners strategic investment.

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DoorDash, Airbnb IPOs; BNPL Trends; Pet Fraud Top This Week's News

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Peter Hazlehurst, CEO of Synctera, tells Karen Webster that Synctera is a next-gen banking-services platform that facilitates FinTech scale by enabling banks to leverage their current compliance and account-servicing capabilities in new ways. Record eCommerce sales will translate into high rates of returns this holiday season.

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Small Biz FinTech Leads End-Of-Summer B2B VC

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Yelo also plans to expand its team and invest in product development and sales, reports said. Yet another India B2B FinTech landed on the board this week with its $5 million Series A investment, reports in Business Standard said. France’s Upflow announced a $2.7 Aspire Financial Technologies.

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Is India’s ATM Disappearing Act A Digital Payments Boon?

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New rules mean new compliance activities, which, of course, mean additional compliance costs for these stakeholders — as much as $489 million. Now comes the tipping point, said the industry group, where the ATMs may simply shuttered, ostensibly as the aforementioned compliance costs are too great to bear. “

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Why Payments Orchestration Is Becoming A ‘Must-Have’ For Platform Merchants

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Platforms are quickly moving from nice-to-have tech to urgently necessary investments for many merchants,” he said. Nascent firms may need basic payments enablement, or help with automating regulatory and compliance functions. In many ways, their maturity level dictates their needs.”.