Visa: August Consumer Spending Up Over Last Year, But Down From July
Visa: August Consumer Spending Up Over Last Year, But Down From July
September 10, 2021  |  Consumer Payments

Consumers spent more in August compared to last year, but not as much as they dropped on goods and services in July, according to Visa’s...

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Volkswagen Seeks Collaborations With Carmakers on Software
Volkswagen Seeks Collaborations With Carmakers on Software
September 10, 2021  |  Partnerships / Acquisitions

Volkswagen (VW) expressed interest in partnering with other carmakers to share platforms and develop software, VW CEO Herbert Diess told the German news website Der...

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LendingClub LCX Platform Allows Investors Access to Loans
LendingClub LCX Platform Allows Investors Access to Loans
September 10, 2021  |  Loans

LendingClub says it is expanding access to personal loans by extending the capabilities of its LCX electronic trading platform to include LCX Link. Get the Full...

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Bank of America Names New CFO, Reshuffles Senior Leadership Team
Bank of America Names New CFO, Reshuffles Senior Leadership Team
September 10, 2021  |  Personnel

Bank of America has named Alastair Borthwick chief financial officer, effective in the fourth quarter, as one of myriad changes to its global leadership team....

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Today in Restaurant and Grocery Tech: Restaurant Aggregators Sue NYC; Kroger Boosts Sales with Personalization
Today in Restaurant and Grocery Tech: Restaurant Aggregators Sue NYC; Kroger Boosts Sales with Personalization
September 10, 2021  |  ResTech

Today in restaurant and grocery tech news, delivery services sue New York City over fee caps, while Kroger drives loyalty with data-informed recommendations. And Ryan...

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UPS Moves Into Same-Day Gig Delivery With Roadie Acquisition
UPS Moves Into Same-Day Gig Delivery With Roadie Acquisition
September 10, 2021  |  Delivery

UPS is moving into the gig economy, same-day delivery space with the acquisition of Roadie, a technology platform that connects people with items to ship...

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Today in Retail: Sotheby’s Finds New Way to Reach Consumers; Walmart to End Quarterly Bonuses at Stores
Today in Retail: Sotheby’s Finds New Way to Reach Consumers; Walmart to End Quarterly Bonuses...
September 10, 2021  |  Retail

In today’s top retail news, Sotheby’s is finding a way to reach consumers who don’t want to wait for an auction, and Walmart says it...

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Apple Pay Not Catching On in Stores, Amazon Piloting ‘Just Walk Out’ at Whole Foods and SoFi Stadium Contactless Payments Top This Week’s News
Apple Pay Not Catching On in Stores, Amazon Piloting ‘Just Walk Out’ at Whole Foods...
September 10, 2021  |  The Weekender

In this week’s news, we saw Amazon top all other retailers in consumer preference. And JPMorgan acquired 75% of VW’s payments unit. The Weekender is...

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Restaurant Roundup: California Legislature Approves To-Go Cocktail Extension; Dave & Buster’s Sees Record-Breaking Quarter
Restaurant Roundup: California Legislature Approves To-Go Cocktail Extension; Dave & Buster’s Sees Record-Breaking Quarter
September 10, 2021  |  Restaurant Roundup

California bars and restaurants got some good news on Thursday (Sept. 9) as the state legislature passed a bill that extends the cocktails to-go allowance...

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