Hong Kong’s Octopus Introduces Contactless Cards For Chinese Transit
Hong Kong’s Octopus Introduces Contactless Cards For Chinese Transit
April 19, 2021  |  Payment Methods

Octopus, a smart card operator in Hong Kong, is introducing transit cards for public transportation users in more than 300 Chinese cities, the South China...

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BNPL Startup Zilch Valued At $500 Million Ahead Of US Launch
BNPL Startup Zilch Valued At $500 Million Ahead Of US Launch
April 19, 2021  |  Investments

The “over the top” U.K. buy now, pay later (BNPL) startup Zilch has raised $80 million in funding, bringing its value to more than $500...

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Meituan Seeks $10 Billion To Compete In Chinese Grocery Wars
Meituan Seeks $10 Billion To Compete In Chinese Grocery Wars
April 19, 2021  |  Retail

The Chinese delivery leader Meituan is aiming to raise roughly $10 billion to compete with companies like Alibaba. According to Bloomberg, Meituan is looking to...

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India’s Life Insurance Corp Partners With Paytm To Facilitate Digital Payments
India’s Life Insurance Corp Partners With Paytm To Facilitate Digital Payments
April 19, 2021  |  Digital Payments

The Indian government’s Life Insurance Corporation of India (LIC) has chosen local payments startup Paytm out of 17 competitors to facilitate digital payments for the...

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UK Task Force Looks At Benefits Of ‘Britcoin’ Digital Currency
UK Task Force Looks At Benefits Of ‘Britcoin’ Digital Currency
April 19, 2021  |  Cryptocurrency

The U.K.’s treasury chief, Rishi Sunak, has dubbed a possible digital pound the “Britcoin,” and said the Bank of England and the Treasury Department would...

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EU Proposes Restrictive New AI Regulations
EU Proposes Restrictive New AI Regulations
April 19, 2021  |  Artificial Intelligence

When Microsoft spends $19.7 billion on a company whose specialties included voice recognition and artificial intelligence (AI) as part of its health sector strategy, you...

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Revenue Up But Coca-Cola Cautions On Stay-At-Home Recovery
Revenue Up But Coca-Cola Cautions On Stay-At-Home Recovery
April 19, 2021  |  Earnings

Coca-Cola announced Monday (April 19) that March’s global unit case volume was back up to pre-pandemic levels. Net revenues were up 5 percent year-over-year to...

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Digital Payments To Move The Needle For Retailers
Digital Payments To Move The Needle For Retailers
April 19, 2021  |  Digital Payments

While there have been many challenges in the past year, Talbott Roche, CEO and president of Blackhawk Network, also recognizes many opportunities inherent in the...

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UK Taskforce To Examine Design, Launch Of Digital Pound 
UK Taskforce To Examine Design, Launch Of Digital Pound 
April 19, 2021  |  International

The Bank of England is setting up a task force focused on exploring the design and launch of a digital version of the pound. As...

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