Mastercard Supports Women-Owned SMBs With $20M CNote Investment
Mastercard Supports Women-Owned SMBs With $20M CNote Investment
October 23, 2020  |  Mastercard

Mastercard is marking National Women’s Small Business Month by furthering its support of the female-founded impact investment platform CNote with an infusion of $20 million,...

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Apple Card Users Report Problems Paying On Amazon
Apple Card Users Report Problems Paying On Amazon
October 23, 2020  |  Apple

Apple Card users are complaining that a glitch is preventing them from using the payment method on Amazon — and the option vanished as a...

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China’s Ping An-Backed Lufax Aims For $2.36B IPO
China’s Ping An-Backed Lufax Aims For $2.36B IPO
October 23, 2020  |  IPO

Chinese FinTech Lufax is hoping to get as much as $2.36 billion from the initial public offering (IPO) filed earlier this month, according to a...

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Today In Payments: Uber, Lyft Lose AB5 Appeal; FTC Commissioners Weigh Facebook Antitrust Suit
Today In Payments: Uber, Lyft Lose AB5 Appeal; FTC Commissioners Weigh Facebook Antitrust Suit
October 23, 2020  |  News

In today’s top news, Uber and Lyft must reclassify their drivers as employees, and FTC commissioners are in favor of pursuing an antitrust suit against...

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American Express: Rebound In (Non-T&E) Consumer Spend — Online Retail Up 20 Pct
American Express: Rebound In (Non-T&E) Consumer Spend — Online Retail Up 20 Pct
October 23, 2020  |  Earnings

American Express posted Q3 results Friday (Oct. 23) that showed a rebound in spending across consumer and commercial segments from lows seen in the spring...

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Why Toys Are Making A 2020 Comeback
Why Toys Are Making A 2020 Comeback
October 23, 2020  |  Retail

It’s been a good year to be in the business of selling toys, a fact demonstrated by Mattel’s recent earnings release showing a surprising jump...

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Walmart’s Flipkart Invests $204M For Stake In Indian Fashion Retailer Aditya Birla
Walmart’s Flipkart Invests $204M For Stake In Indian Fashion Retailer Aditya Birla
October 23, 2020  |  Walmart

Walmart India’s eCommerce firm Flipkart is investing $204 million (₹1,500 crore) for a 7.8 percent stake in Aditya Birla Fashion and Retail Limited (ABFRL), the...

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This Week In Payments: Tracking The Contactless Shift, Going Global In The Cloud And Casing Crypto’s Mainstream Future
This Week In Payments: Tracking The Contactless Shift, Going Global In The Cloud And Casing...
October 23, 2020  |  Digital Payments

The momentum spurred by the pandemic has accelerated the connected economy. Volante CEO and Founder Vijay Oddiraju told Karen Webster during the latest This Week...

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Today In Payments Around The World: Facebook Takes Dating App To Europe; WhatsApp Allows Businesses To Sell In Chats
Today In Payments Around The World: Facebook Takes Dating App To Europe; WhatsApp Allows Businesses...
October 23, 2020  |  News

In today’s top payments news around the world, Facebook is bringing its online dating tool to Europe, while cross-border mobile messaging program WhatsApp is introducing new...

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