25 July 2014

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Online army bank USAA has begun using IBM's Watson cognitive computing platform to help military personnel ease back into civilian life.

cash

Online lender AvantCredit raises $75m

18 hours ago  |  0

AvantCredit, a Chicago-based online consumer lender, has raised $75 million in a series c funding round led by Tiger Global Management and secured a $200 million credit facility.

A business incubation programme run by a consortium of UK universities has been pitching promising startup companies to Barclays Bank.

A collection of 10 fintech startups from around the world have battled their way onto an accelerator programme run by Startupbootcamp.

Venture capital interest in payment industry startups appears to be on the wane as investors wise up to the difficulties of achieving scale in a complex, competitive market.

Facebook has begun testing a 'buy' button which lets users purchase products advertised on the social network. Meanwhile, Twitter is also stepping up its commerce game, acquiring payments outfit CardSpring.

 

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