Ant Financial Introduces OceanBase SaaS
Ant Financial Introduces OceanBase SaaS
March 25, 2020  |  Payments As A Service

China-based Ant Financial has introduced a Software-as-a-Service (SaaS) version of its popular financial relational database software, OceanBase, according to a press release. Get the Full...

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EU Encourages Contactless Payments To Reduce Coronavirus Risk
EU Encourages Contactless Payments To Reduce Coronavirus Risk
March 25, 2020  |  Payment Methods

The European Union financial watchdog said that payment companies should use more contactless payments to help curb the spread of the coronavirus, according to a...

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Today In Payments: Discounts Kickstart Economy As China Reopens; Big Businesses Tap $124B From Credit Lines
Today In Payments: Discounts Kickstart Economy As China Reopens; Big Businesses Tap $124B From Credit...
March 25, 2020  |  News

In today’s top payments news, businesses in China are offering steep discounts to encourage people to start spending again, and big businesses in Europe, North...

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India’s Flipkart To Continue Delivery After Govt. Safety Assurances
India’s Flipkart To Continue Delivery After Govt. Safety Assurances
March 25, 2020  |  Delivery

Flipkart, Walmart’s India eCommerce arm, has gotten approval from authorities to continue operating in the country following a country-wide lockdown, according to a report by...

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Faster Payments Council Taps Walmart Exec As New Executive Director
Faster Payments Council Taps Walmart Exec As New Executive Director
March 25, 2020  |  Personnel

The U.S. Faster Payments Council (FPC), a membership organization dedicated to swift payments, has named industry veteran Reed Luhtanen as its executive director, according to an...

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Equipment Order Slide Hints At Business Caution, Recession
Equipment Order Slide Hints At Business Caution, Recession
March 25, 2020  |  Economy

Looking at economic indicators – those signposts that show where we are, as a nation, and where we’re headed – February was tough. March and beyond...

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Uber Files Federal Suit Against LA Over Data Demands
Uber Files Federal Suit Against LA Over Data Demands
March 25, 2020  |  Ridesharing

In an unexpected twist for a tech company, Uber has filed a federal lawsuit against the Los Angeles Department of Transportation (LADOT), one that has...

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Fed Shifts Supervisory Approach Amid COVID-19
Fed Shifts Supervisory Approach Amid COVID-19
March 25, 2020  |  Banking

Amid the coronavirus, the Federal Reserve Board is shifting its supervisory approach. The board said in a press release that it “recognizes that the current situation...

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The $2T Stimulus Phase 3: Everything You Need To Know 
The $2T Stimulus Phase 3: Everything You Need To Know 
March 25, 2020  |  Coronavirus

The deal is done — in the Senate anyway — and the $2 trillion Phase 3 coronavirus relief package will face a vote shortly after...

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