Today In Payments: Uber India Lays Off 600 Amid COVID-19; With Startup Valuations Down, VC Firms Seek Deals
Today In Payments: Uber India Lays Off 600 Amid COVID-19; With Startup Valuations Down, VC...
May 26, 2020  |  News

In today’s top news, Uber lays off 600 workers in India, venture capital firms seek acquisitions amid lower prices, and economists are beginning to forecast...

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UBS To Invest Millions In FinTechs Via Corporate VC Fund
UBS To Invest Millions In FinTechs Via Corporate VC Fund
May 26, 2020  |  Investments

As it follows peers in investing in startups disrupting traditional banking, UBS Group AG is dedicating hundreds of millions to back FinTechs. The firm is...

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Survey: Consumer Confidence Stabilizes In May
Survey: Consumer Confidence Stabilizes In May
May 26, 2020  |  Consumer Insights

After a sharp decline in April, consumer confidence held steady in May as some businesses reopened in the wake of the COVID-19 pandemic, according to...

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Facebook Changes Blockchain Name To Avoid Confusion
Facebook Changes Blockchain Name To Avoid Confusion
May 26, 2020  |  Facebook

Facebook’s blockchain division, Calibra, will get a new name as a way to distance it from Facebook’s Libra digital currency, according to a Bloomberg report...

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Bipartisan Tax Credit Measure Aims To Keep America Working
Bipartisan Tax Credit Measure Aims To Keep America Working
May 26, 2020  |  Taxes

Some Republicans are warming to the House Democrats’ plan that would provide businesses with a $194 billion employee retention tax credit, The Wall Street Journal...

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Walmart, Green Dot Announce Enhanced MoneyCard Features
Walmart, Green Dot Announce Enhanced MoneyCard Features
May 26, 2020  |  Walmart

With features such as free cash deposits and a high-yield savings account, Walmart and Green Dot unveiled updated benefits for the Walmart MoneyCard Reloadable Debit Card...

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European Mobility Platform Bolt Notches €100M Investment
European Mobility Platform Bolt Notches €100M Investment
May 26, 2020  |  Investments

With funding that will help keep growing its product categories from ridesharing to food delivery and micro-mobility in Africa as well as Europe, Bolt closed...

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Faire Bets Wary Buyers Will Support Online Trade Show
Faire Bets Wary Buyers Will Support Online Trade Show
May 26, 2020  |  Retail

What will it take to bring consumers and product buyers out of their homes and onto the road as the economy reopens? The wholesale website...

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Checkout.com Buys Australian Startup Pin Payments
Checkout.com Buys Australian Startup Pin Payments
May 26, 2020  |  Partnerships / Acquisitions

London-based global payment provider Checkout.com has purchased Pin Payments, an Australian startup, the companies announced Tuesday (May 26). Get the Full Story Complete the form...

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