News Platforms 

Divvy Targets Employee, Vendor Expense Fraud With New Platform

“Corporate expense management company Divvy is targeting expense fraud with its new platform, the company announced Wednesday (Dec. 13)” reports pymnts.com. The firm, which launched last year, is rolling out a new solution that enhances transparency and control of company spend.In part, the platform aims to provide businesses with greater visibility over employee spend to prevent misuse of company cards or fraud.Divvy puts this data front and center, which improves decision making, ensures budgets are adhered to and provides the real reward — automated expense reports.” In addition to the new…

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News Platforms 

The Frightful Five: Fake Apps And Hubcaps

“Spiking interest in cryptocurrency drove the fake app to the number-three spot in the finance app category before it was removed” reports pymnts.com. The fake app was charging $4.99 per download and provided a different service from the legitimate, free version.Amazon, Apple and Google have been locked in a race to become the first company worth $1 trillion.A paid iOS app was removed from Apple’s App Store when the company discovered it had appropriated its name from the free app MyEtherWallet, which stores digital currencies. Source: pymnts.com Share This:

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News Platforms 

Squarespace reportedly raises about $200 million at a $1.7 billion valuation

“Squarespace, the 14-year-old platform that makes it easy for essentially anyone to build their own website, is raising about $200 million from General Atlantic, valuing the company at a $1.7 billion valuation, Bloomberg reports” writes Hour Ago Sarah for techcrunch.com. A big Squarespace competitor, public company Wix, is expected to generate about $424 million in revenue this year.Before going public, Squarespace reportedly wants to get better about helping its customers sell products through their websites. “It’s the most requested feature on the platform right now,” Squarespace CEO Anthony Casalena told…

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News Platforms 

Microsoft Ventures invests in strategy management software startup Workboard

“Workboard, a startup that develops software for companies to manage and measure their business strategies, has raised $9.3 million in a series A round of funding from Microsoft Ventures and Floodgate, with participation from other existing investors” writes Paul Sawers for venturebeat.com. Founded out of Redwood City, California in 2013, Workboard offers a software-as-a-service (SaaS) platform to help organizations set their strategies, measure their progress, and shift priorities when needed.A recent survey from The Economist Intelligence Unit (EIU) — commissioned by the Brightline Initiative coalition — found that 90 percent…

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News Platforms 

Finiata, the finance platform for SMEs, freelancers and the self-employed, bags €18M funding

“Finiata, the finance platform targeting SMEs, freelancers, and the self-employed that was founded by Sebastian Diemer, who previously co-founded credit scoring and loans company Kreditech, appears to be on somewhat of a roll” writes Hours Ago Khaled for techcrunch.com. Finiata is in the business of providing credit to its own customers, after all. Source: techcrunch.com Share This:

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Brokers News Platforms Stocks 

How to use 5 of the best online stock trading platforms

“This is all to say there is no one best online stock broker, but each one has different strengths and weaknesses” reports businessinsider.com. Online stock trading sites makes it easier than ever to learn and invest in the comfort of your own home.Charges for data, research, and tools: All the best online stock trading sites have quality market data like real-time quotes, educational resources, and stock-screening tools built right into their platforms.It’s a tumultuous time for online stock brokers.The research team at Reviews.com decided to research the options on the…

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News Platforms 

eBay acquires Canadian ecommerce analytics platform Terapeak

“eBay has announced plans to acquire Terapeak, an online platform that helps eBay, Amazon, and Shopify sellers grow their online sales” writes Paul Sawers for venturebeat.com. Founded out of Toronto, Canada in 2002, Terapeak leverages data around supply, demand, and pricing in order to arm merchants with the information to sell their goods.We are committed to being the best partner to our sellers as we look to create the most powerful selling platform. Source: venturebeat.com Share This:

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Mastercard launches money management tools for millennials

“Millennials want digital money management tools” writes Rachel Green for businessinsider.com. Assemble’s first product is geared toward millennials, offering an easy way to manage money through a digital prepaid account, mobile app, and physical or digital payment card.Users can also make near real-time payments to almost anyone in the US with a debit card using Mastercard Send, the firm’s peer-to-peer (P2P) money transferring platform.Leveraging Mastercard’s platform could help banks meet the needs of millennials and attract that customer segment without having to build out their own tools to do so. Source:…

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German stock exchange operator Deutsche Boerse experiences trading disruption

“Deutsche Boerse, the German stock exchange operator, experienced a short disruption on its Xetra trading platform early on Wednesday, but trading started as normal at 0800 GMT. Deutsche Boerse was not immediately available to explain the disruption, which surfaced around 0715 GMT with a notice on its website” writes unknown author for cnbc.com. Wednesday’s difficulty did not spill over into the start of normal trade. Source: cnbc.com Share This:

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