Firms Saw New Orders Plummet To Record Low As US Economy Staggers From Virus
Firms Saw New Orders Plummet To Record Low As US Economy Staggers From Virus
March 24, 2020  |  Economy

One of the first Federal Reserve reports to measure the U.S. economy since the coronavirus pandemic began is pointing to a grim future. The Philadelphia...

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BlueSnap Adds X-Border Payments Support For B2B eCommerce
BlueSnap Adds X-Border Payments Support For B2B eCommerce
March 24, 2020  |  B2B Payments

BlueSnap wants to break the glass ceiling for companies looking to sell products on marketplace-style websites of their own with its new product, according to...

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Robinhood Apologizes To Users For Outages, Offers Credit
Robinhood Apologizes To Users For Outages, Offers Credit
March 24, 2020  |  Markets

Trading startup Robinhood has apologized to its members for outages that occurred earlier in March during a historic market rally, according to a report by...

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GoFundMe, Yelp Launch Crowdfunding Campaign For SMBs
GoFundMe, Yelp Launch Crowdfunding Campaign For SMBs
March 24, 2020  |  Coronavirus

To offer a quick and easy way for independent businesses to begin fundraisers and take donations via their Yelp pages, Yelp has teamed with social...

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Smartphone-maker OnePlus Brings Mobile Payment Platform To China
Smartphone-maker OnePlus Brings Mobile Payment Platform To China
March 24, 2020  |  Mobile Payments

Chinese smartphone manufacturer OnePlus said it would debut its mobile payment system this year when its OnePlus 7T series of mobile phones rolled out in...

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Facebook’s Deal For 10 Pct Of Indian Telco Postponed Due To COVID-19
Facebook’s Deal For 10 Pct Of Indian Telco Postponed Due To COVID-19
March 24, 2020  |  Partnerships / Acquisitions

Facebook is in talks to buy a multibillion-dollar stake in Indian telecommunications company Reliance Jio, but the deal’s timetable has been stalled due to the...

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JPMC Freezes New Hires Given COVID-19 Crisis
JPMC Freezes New Hires Given COVID-19 Crisis
March 24, 2020  |  Coronavirus

JPMorgan Chase & Co has announced it will be instituting a hiring freeze throughout most of the company to help stop the spread of the...

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First Online-Only Bank Opens In Hong Kong
First Online-Only Bank Opens In Hong Kong
March 24, 2020  |  Digital Banking

The first online bank in Hong Kong, ZA Bank, opened on Tuesday (March 24), according to reports. The bank is a unit of China’s ZhongAn Online...

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Today In Payments: Mortgage Servicers Ready For ‘Liquidity Tsunami’; London Unicorn FinTech Revolut Rolls Out In The US
Today In Payments: Mortgage Servicers Ready For ‘Liquidity Tsunami’; London Unicorn FinTech Revolut Rolls Out...
March 24, 2020  |  News

In today’s top payments news, mortgage firms are bracing for a succession of missed payments, and London-based Revolut opened its digital-only banking app in the...

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