Bank Of China Advises Country’s Banks To Avoid SWIFT Messaging
Bank Of China Advises Country’s Banks To Avoid SWIFT Messaging
July 29, 2020  |  International

With the economic and political battles between the U.S. and China heating to a boil, one of China’s top banks is urging financial institutions (FIs)...

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Digital Approaches To Pizza Ordering, Auto Sales And Gov’t Aid
Digital Approaches To Pizza Ordering, Auto Sales And Gov’t Aid
July 29, 2020  |  Today In Data

Debit cards can offer quick aid to recipients who are not able to receive funds through direct deposit, while allowing them to access funds without encountering...

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Peace Coffee Perfectly Times Its Pandemic-Fueled Growth
Peace Coffee Perfectly Times Its Pandemic-Fueled Growth
July 29, 2020  |  Retail

The retail news is full of companies that have made brilliant and sometimes dramatic pivots to catch up with the shift to Digital 3.0. But...

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Shopify’s 2Q Earnings Illustrate Growing Digital Shift For Merchants, Shoppers
Shopify’s 2Q Earnings Illustrate Growing Digital Shift For Merchants, Shoppers
July 29, 2020  |  Retail

Shopify reported second-quarter earnings on Wednesday (July 29) that demonstrated the growing digital shift for consumers, with the company recording a dramatic increase in both...

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Advancing With Collaboration, Cooperation And Innovation
Advancing With Collaboration, Cooperation And Innovation
July 29, 2020  |  Payments Innovation

“Digitization has helped support remittance market continuity in the face of reduced mobility. We also believe money transfers relying on informal or unregulated routes are...

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Sycamore Partners Reportedly Seeks To Buy JCPenney For $1.75B
Sycamore Partners Reportedly Seeks To Buy JCPenney For $1.75B
July 29, 2020  |  Retail

Sycamore Partners is reportedly seeking to buy JCPenney for $1.75 billion and intends to combine the iconic retailer with the Belk department store chain, the New York...

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Report: ByteDance Investors Might Take Over TikTok At A $50B Valuation
Report: ByteDance Investors Might Take Over TikTok At A $50B Valuation
July 29, 2020  |  International

A group of investors with a stake in TikTok’s parent company, ByteDance, are maneuvering to take over the controversial social-media app, valuing it at roughly...

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Bezos To Testify That Amazon Competes In ‘Strikingly Large’ Worldwide Retail Market
Bezos To Testify That Amazon Competes In ‘Strikingly Large’ Worldwide Retail Market
July 29, 2020  |  Retail

Amazon CEO Jeff Bezos will testify before a U.S. House of Representatives subcommittee on Wednesday (July 29) that his eCommerce company comprises just a small...

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Alt-Credit Love Is In The Air
Alt-Credit Love Is In The Air
July 29, 2020  |  Alternative Credit

The alternative or alt-credit space — known variously as point-of-sale (POS) credit, “buy now, pay later” (BNLP) or installment payments — remains one of the...

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