Today In Payments: China Curtails Bank Loans; Plaid Launches New Income Verification Tool
Today In Payments: China Curtails Bank Loans; Plaid Launches New Income Verification Tool
March 05, 2021  |  News

In today’s top news, Chinese regulators have instructed banks to scale back loan amounts in 2021, and Plaid launched a new income verification tool. Plus,...

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London Stock Exchange Shares Slip On Integration Costs Of Refinitiv 
London Stock Exchange Shares Slip On Integration Costs Of Refinitiv 
March 05, 2021  |  Markets

Costs related to the integration of Refinitiv and the London Stock Exchange Group (LSEG)  likely “spooked” analysts, causing shares to fall Friday morning (March 5),...

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Albertsons Teams With Tortoise For Robotic Grocery Delivery
Albertsons Teams With Tortoise For Robotic Grocery Delivery
March 05, 2021  |  Delivery

Albertsons, the country’s second-largest grocery store chain, is partnering with automated logistics startup Tortoise to pilot the beta launch of a robotic fleet of Safeway...

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The Week In Payments: Super Apps, Food’s Future And The Expanding FinServ Frontier
The Week In Payments: Super Apps, Food’s Future And The Expanding FinServ Frontier
March 05, 2021  |  News

Another week in payments ends, and per usual, there’s no shortage of things to discuss as vaccines go out, the road to recovery begins to...

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Safeway Enters Autonomous Delivery Space With Remote-Controlled Carts
Safeway Enters Autonomous Delivery Space With Remote-Controlled Carts
March 05, 2021  |  Retail

Supermarket chain Safeway will pilot remote-controlled, driverless carts to deliver grocery orders to neighborhood homes, Safeway’s parent company Albertsons Companies announced on Friday (March 5)....

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Instacart Eyes Direct Listing To Maximize Stock Price
Instacart Eyes Direct Listing To Maximize Stock Price
March 05, 2021  |  Delivery

Concerned it could lose out by having a traditional initial public offering (IPO), Instacart is mulling the idea of going public through a direct listing, Reuters reported...

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Bitcoin Miner Cipher Going Public Via SPAC Merger
Bitcoin Miner Cipher Going Public Via SPAC Merger
March 05, 2021  |  Cryptocurrency

Cipher Mining, a newly-formed bitcoin mining company, is filing to go public via a merger with Good Works Acquisition Corp., a special purpose acquisition company...

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China Aims For 6 Pct Economic Growth, Big Tech Investments
China Aims For 6 Pct Economic Growth, Big Tech Investments
March 05, 2021  |  International

There was talk about making big investments in technology and aiming for 6 percent growth as China’s legislature, the National People’s Congress, met this week...

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Mastercard Finalizes Deal For Nets Group’s Account-To-Account Unit
Mastercard Finalizes Deal For Nets Group’s Account-To-Account Unit
March 05, 2021  |  Partnerships / Acquisitions

Mastercard has finalized its 2.85 billion euro purchase of Nets Group’s account-to-account (A2) division, which includes clearing and settlement, real-time payments and eBilling solutions. Get the...

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