Ghana To Adopt West African ‘Eco’ Currency
Ghana To Adopt West African ‘Eco’ Currency
December 29, 2019  |  International

Ghana is looking to drop its currency, the cedi, to join the new West African currency called “eco,” anticipated to replace the CFA franc as...

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Going Truly Over The Top For Christmas
Going Truly Over The Top For Christmas
December 28, 2019  |  Retail

Christmas is now in the 2019 rear-view mirror. Gifts have been unwrapped, and 10 percent of packages are, or are in the process of being...

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JPMC Co-CEO Sees Big Tech As ‘Real Competitors’ In 2020
JPMC Co-CEO Sees Big Tech As ‘Real Competitors’ In 2020
December 27, 2019  |  Economy

Daniel Pinto, the co-president and chief operating officer of JPMorgan Chase, told CNBC in an interview that 2020 will likely see sturdy economic growth of...

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Wawa C-Store Chain Sued Over Malware Attack
Wawa C-Store Chain Sued Over Malware Attack
December 27, 2019  |  Legal

Multiple lawsuits seeking class action status have been filed in Philadelphia over a data breach at Wawa convenience stores, which affected 850 locations along the...

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Sprint And T-Mobile Merger, Spend Management And State Tax Top This Week’s News
Sprint And T-Mobile Merger, Spend Management And State Tax Top This Week’s News
December 27, 2019  |  News

It’s the end of a short holiday workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in...

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Switzerland’s President Calls Libra A Failure
Switzerland’s President Calls Libra A Failure
December 27, 2019  |  Cryptocurrency

The president of Switzerland, Ueli Maurer, said Facebook’s proposed cryptocurrency Libra cannot exist in its current form and will need to be altered if it’s...

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Top News in Payments: Amazon Seeks Patent For Hand Recognition; Record Holiday Retail Sales
Top News in Payments: Amazon Seeks Patent For Hand Recognition; Record Holiday Retail Sales
December 27, 2019  |  News

In today’s top news in payments, Amazon applied for a patent for hand recognition software, and retail sales reached new heights thanks to record online...

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Michaels Taps Walmart Exec As CEO; Shares Surge 32 Pct
Michaels Taps Walmart Exec As CEO; Shares Surge 32 Pct
December 27, 2019  |  Retail

Arts and crafts retailer Michaels has announced that Walmart executive Ashley Buchanan will be taking over as CEO from Mark Cosby, and shares jumped 15...

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ClassPass Seeks $285M In Funding, Will Hit Unicorn Status
ClassPass Seeks $285M In Funding, Will Hit Unicorn Status
December 27, 2019  |  Investments

With a new funding round that could bring its valuation to more than $1 billion, ClassPass, backed by Alphabet Inc. and Temasek, is aiming to raise $285 million....

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