Alibaba launches interest-free financing for U.S. small businesses
The new product, which comes as an earlier partnership with the online lender Kabbage is sputtering, figures to appeal to companies with tight cash flows. ... Read full article
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Kabbage to provide point-of-sale loans to Alibaba shoppers
The U.S. online lender provides credit lines of up to $150,000 to small businesses that shop at Alibaba.com. ... Read full article
Does MoneyGram sale to Chinese firm pose cyber, AML risks?
The Trump administration must weigh risks to national security in its review of the $1.2 billion deal. Its decision will shed light on whether — given the president’s “America First” rhetoric — Chinese investment is still welcome in the U.S. financial ... Read full article