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The largest payments company in the world that most people have never heard of

Chris Skinner

Hence, they invested $680 million in India’s Paytm in September 2015, just before demonitisation stimulated Indians to open 200 million wallets on Paytm. Under the agreement, Ant Financial will assist Ascend Money to grow its online and offline payments and financial services ecosystem.

Company 350
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Grocers Pilot Micro-Fulfillment Centers To Speed Up Online Orders

PYMNTS

The shop owners are looking to see if automation can make deliveries quicker while keeping costs down, as they work with a new roster of companies that seek to increase the efficiency of online order fulfillment in a small amount of space, The Wall Street Journal reported. Online orders still comprise a small portion of the U.S.

Online 141
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i2c, Sightline Team Up For Cashless Cross-Channel Gaming 

PYMNTS

Founded in 2010, Sightline has experienced 744 percent revenue growth since 2015. Its client roster includes MGM Resorts, Caesars Resorts, and Hard Rock Hotel and Casino; the Oregon and Pennsylvania state lotteries; Churchill Downs; Golden Nugget online; and DraftKings, FanDuel, William Hill, and Rush Street sports, among others.

Oregon 232
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SWIFT Mitigates Four More CSDs to Network

Bank Innovation

The four CSDs, which will start live operations on SWIFT T2S, marks the last four to move to the network since the migration plan first begun in June 2015. Financial services company SWIFT announced today that it has mitigated four additional capital depositories onto its Target2 Securities, or T2S, network.

Capital 225
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Loadsmart Lands $90M From BlackRock, Maersk, For Digital Shipping Platform

PYMNTS

Loadsmart features an online portal designed for those in the shipping business to move freight through ports and across rail lines and highways on land. Loadsmart said it has instead focused on what its online shipping platform can do for companies in the transportation business on a value-added basis, “coupled with API integrations.”.

Capital 253
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German Neobank N26 to Launch in U.S. and Britain in 2018

Bank Innovation

The bank, which was officially launched in 2015, currently has a German banking license, allowing it to operate in other […].

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BigCommerce Takes On B2B eCommerce

PYMNTS

Online commerce solution provider BigCommerce is adding business-to-business eCommerce to its suite of services. The company said in a press release Tuesday (March 12) that, along with a slew of partners, it has launched BigCommerce for B2B to provide B2B sellers with resources to more efficiently sell online.

Tools 190