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China is loosening regulations in a pilot scheme allowing foreign investors to fully own e-commerce companies in Shanghai’s free trade zone.
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Google is joining with Lending Club to offer funding to businesses that meet the criteria of “eligible Google partners”.
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Non-traditional routes to business finance are becoming the norm so fast that the term “alternative finance” no longer seems appropriate. The banking industry’s monopoly is well and truly over, but more and more funding sources keep popping up.
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| New Products & Technology |
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The messaging and transaction network SWIFT is to open two new offices in Accra, Ghana and Nairobi, Kenya during 2015, as part of plans to strengthen its presence across the continent.
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German company Wirecard have created a payments orientated wearable to challenge the Apple Watch.
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Unified Signal, a telecommunications and mobile payments software company, has been given the go ahead to release its mobile wallet platform in Serbia.
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