Today In Payments Around The World: Einride Raises $110 Million; Marqeta Teams With Afterpay
Today In Payments Around The World: Einride Raises $110 Million; Marqeta Teams With Afterpay
May 06, 2021  |  International

In today’s top payments news around the world, Sweden-based Einride has landed $110 million, while Marqeta has collaborated with Afterpay on virtual cards. Plus, Shift...

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Today In Retail: Sally Beauty’s Net Sales Increase; Wayfair’s Revenue Surges
Today In Retail: Sally Beauty’s Net Sales Increase; Wayfair’s Revenue Surges
May 06, 2021  |  Retail

In today’s top retail news, Sally Beauty reported that its second-quarter consolidated same-store sales increased by 6.5 percent, while Wayfair reported that its total revenue...

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First Bankcard, WebstaurantStore Partner On Business Credit Cards
First Bankcard, WebstaurantStore Partner On Business Credit Cards
May 06, 2021  |  Partnerships / Acquisitions

First Bankcard, which is a division of First National Bank of Omaha (FNBO), is working alongside WebstaurantStore and will offer three new credit card options...

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Sony Could Face Class-Action Lawsuit Over PlayStation Game Exclusivity
Sony Could Face Class-Action Lawsuit Over PlayStation Game Exclusivity
May 06, 2021  |  Legal

A proposed class-action lawsuit brought by gamers alleges that Sony behaved in an anti-competitive manner by denying digital download codes of PlayStation games by third-party...

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Nigeria Renews Cash-For-Digital-Remittance Offer
Nigeria Renews Cash-For-Digital-Remittance Offer
May 06, 2021  |  Digital Payments

The Central Bank of Nigeria (CBN) has renewed its cash reward incentive for using digital remittances, according to a bank memo addressed to all deposit...

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Insurance AI Provider Shift Secures $220 Million In Funding For Fraud Detection
Insurance AI Provider Shift Secures $220 Million In Funding For Fraud Detection
May 06, 2021  |  Investments

Shift Technologies, which provides artificial intelligence (AI)-powered decision automation and optimization solutions for insurance companies, has closed a Series D funding round of $220 million....

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Today In Payments: PayPal Reports Strong Q1 Results; Chime Stops Using Word ‘Bank’ After Regulator’s Pushback
Today In Payments: PayPal Reports Strong Q1 Results; Chime Stops Using Word ‘Bank’ After Regulator’s...
May 06, 2021  |  News

In today’s top news, PayPal’s earnings exceeded expectations as the firm sets its eyes on building a super app, and Chime has to drop the...

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eCommerce Fraud Prevention Firm Riskified Mulls IPO
eCommerce Fraud Prevention Firm Riskified Mulls IPO
May 06, 2021  |  Fraud Prevention

Riskified, a startup focused on preventing eCommerce fraud, is considering an initial public offering (IPO) that could come this year, Bloomberg reported Thursday (May 6),...

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Grocery Roundup: Brick-And-Mortar Sales Growth Slows As Meal Kits Gain Ground
Grocery Roundup: Brick-And-Mortar Sales Growth Slows As Meal Kits Gain Ground
May 06, 2021  |  Retail

As newly vaccinated consumers return to restaurants for dine-in experiences, grocery sales remain elevated, but growth is slowing. In a news release on Monday (May...

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