PayPal Cooperating With CFPB On Venmo Investigation
PayPal Cooperating With CFPB On Venmo Investigation
February 05, 2021  |  Digital Payments

PayPal Holdings said Friday (Feb. 5) its payments app Venmo was being investigated over allegations of unauthorized fund transfers and collections processes. The company told...

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Jobs Data: Surge In Temp Workers Could Herald New SMB Business Model
Jobs Data: Surge In Temp Workers Could Herald New SMB Business Model
February 05, 2021  |  Economy

A recovery is in sight – in the economy overall, and in jobs – but on the other side of the pandemic, the workforce may...

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China’s Didi Group-Buying Division Mulls $4 Billion Fundraising Move
China’s Didi Group-Buying Division Mulls $4 Billion Fundraising Move
February 05, 2021  |  International

Didi Chuxing, China’s ridesharing giant, is pondering a move to raise $4 billion to meet the surging demand for group-buying delivery services, Bloomberg reported on Friday...

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Growth And New Beginnings In Retail 
Growth And New Beginnings In Retail 
February 05, 2021  |  Today In Data

eBay concluded last year with a flourish, with results for its last quarter and full year exceeding expectations amid growth in its ranks of buyers. In retail...

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Whole Paycheck: Walmart And Amazon Have A Food Fight
Whole Paycheck: Walmart And Amazon Have A Food Fight
February 05, 2021  |  Retail

New research from PYMNTS into seven key retail categories where Amazon and Walmart compete shows the online giant is closing in on its rival’s lead...

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PriceSmart Reports 5.2 Pct Rise In January Net Merchandise Sales
PriceSmart Reports 5.2 Pct Rise In January Net Merchandise Sales
February 05, 2021  |  Retail

PriceSmart, Inc. said on Friday (Feb. 5) that net merchandise sales climbed 5.2 percent to reach $267.1 million for the month of January 2021, up...

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PayPal Exiting Competitive Indian Payments Market
PayPal Exiting Competitive Indian Payments Market
February 05, 2021  |  International

PayPal operations in India are drawing to a close as the company makes plans to exit the domestic payments market in the country, according to...

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Nonfarm Jobs Rise By 49,000, But Pandemic Continues To Hammer Economy
Nonfarm Jobs Rise By 49,000, But Pandemic Continues To Hammer Economy
February 05, 2021  |  Economy

The U.S. unemployment rate fell slightly in January to 6.3 percent as nonfarm payroll employment changed little, rising by 49,000, according to the figures released...

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Vacasa CFO Talks Modernizing Finance Through Collaboration
Vacasa CFO Talks Modernizing Finance Through Collaboration
February 05, 2021  |  B2B Payments

Though a diligent financial strategy is essential for companies across verticals during times of economic volatility, certain industries have been more exposed to the market...

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