MYbank Shortens Payment Cycles for Small and Micro Businesses in the Lead up to This Year’s 11.11 Global Shopping Festival

MYbank, a leading online private commercial bank in China with a focus on serving small and micro businesses, today announced a program to provide RMB 400 billion of collateral-free credit to businesses in need as they gear up for this year’s 11.11 Global Shopping Festival.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201020006336/en/

Leveraging Ant Group’s technologies, MYbank has pioneered the “310 model” that enables SMEs to apply for collateral-free business loans that take less than three minutes to apply for on a mobile phone, less than one second to approve, and requires zero human intervention. (Photo: Business Wire)

As part of the dedicated program, MYbank is offering a total of RMB 200 billion in short-term loans to help small and micro business owners overcome the economic impact of the COVID-19 pandemic. This enables business owners, particularly smaller vendors with more immediate capital needs, to receive payments

Read More

They give their daughter the name of an Internet company and give her 18 years of free WiFi

The Twifi company announced on Facebook that it would give free internet to whoever named their baby Twifus (if it was a boy) or Twifia (if it was a girl).

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!


2 min read

This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.


Can you imagine having free WiFi for your children? A Swiss couple inadvertently got it by choosing “Twifia” as their young daughter’s middle name in response to a strange promotion from an internet company.

According to the LADbible portal, the Twifi company announced on Facebook that it would give free internet to anyone who named their baby Twifus (if it was a boy) or Twifia (if it was a girl) and proved it with a birth certificate.

Image: Twifi  

The parents, who

Read More

Couple names baby Twifia after Swiss telco to get free internet for 18 years



a person lying on a bed: Couple names baby Twifia after Swiss telco to get free internet for 18 years


© Jagyaseni Biswas
Couple names baby Twifia after Swiss telco to get free internet for 18 years

A swiss couple has reportedly named their baby daughter after a telecom company to avail free internet services for 18 years.

The couple named their baby daughter Twifia, after telecom company Twifi, which had put up an advertisement promising 18 years of free internet service to anyone who would name their child after them.

The Swiss internet provider had said free service would be provided to any family that would name its newborn Twifius if it is a boy and Twifia if it is a girl. The free service would be provided until the child comes of age, i.e., 18 years old.

To avail the free internet service, the parents of the newborn named after the Swiss telecom company will have to upload a copy of the birth certificate on the Twifi’s official

Read More

Atari Bets On Crypto Ahead Of First New Console In Over 20 Years

Topline

Weeks before releasing its first new console in over 20 years, Atari is setting out to dominate the videogame industry’s crypto market with the sale of $1 million worth of Atari Tokens later this month, in it hopes that the tokens will become the standard currency throughout the sector.

Key Facts

The tokens will be available from October 29 on Bitcoin.com Exchange, costing retail investors outside of the U.S. 25 cents each.

Tokens can initially be used for in-game purchases and for partner games, with the Pong developer aspiring for use throughout the entire gaming ecosystem.

The long-anticipated Atari VCS, the company’s first new console in over 20 years slated to launch in November, will have internet connectivity allowing players to buy products using Atari Tokens.

Bloomberg reports that the company is also developing

Read More