Articles with tag: financial support

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Ecosia, TreeCard to release a wooden debit card

16 Oct 2020 | Cards

TreeCard, a free eco-friendly debit card that channels profits from merchant transaction fees directly to tree planting has planned to release a new wooden debit card, according to AltFi.

Search engine, Ecosia, wooden debit card, TreeCard, eco-friendly, debit card, transaction fees, tree planting, investment, financial support, fintech, Europe, European Union, marketplace, fintech platform, Synapse, banking, financial services, card processing, Mastercard

ClearBank, Tide partner to grant GBP 25 mln to SMEs

23 Sep 2020 | Payments General

Cloud-native clearing bank ClearBank and UK-based business banking platform Tide have been awarded GBP 25 million to help UK-based SMEs grow after the coronavirus pandemic.

ClearBank, Tide, SMEs, UK, United Kingdom, grant, award, clearing bank, business banking platform, coronavirus, pandemic, financial support, Brexit, government, digital services, open banking, funding, debt, equity, digital payments, business development

Best Buy takes measures to mitigate 30% sales drop since 21 March 2020

20 Apr 2020 | Ecommerce

US-based retailer Best Buy has announced plans to start furloughing staff and cutting wages to deal with reduced sales amid COVID-19 chrisis. 

Best Buy, ecommerce, online shopping, financial measures, coronavirus, COVID-19, wage cuts, buyback, financial support

World Bank Group increases COVID-19 response to USD 14 Billion

19 Mar 2020 | Payments General

The World Bank and IFC have approved a USD 14 billion financing package of fast to assist companies and countries dealing with the COVID-19 pandemic. 

World Bank, IFC, International Finance Corporation, financial aid, financial support, world, COVID-19, coronavirus

Financial support received by FacePhi for facial biometric offerings to South Korea

19 Nov 2019 | Digital Identity, Security & Online Fraud

FacePhi has revealed it is receiving financial support from business investment body COFIDES to support the implementation of its facial recognition software in South Korea.

FacePhi, facial biometrics, South Korea, financial support, facial recognition, fraud prevention