India’s RBL Bank Will Issue Visa Credit Cards After Mastercard Ban
India’s RBL Bank Will Issue Visa Credit Cards After Mastercard Ban
July 16, 2021  |  Payment Methods

Earlier this week, the Reserve Bank of India decided to bar Mastercard Asia/Pacific Pte. Ltd. customers from its network due to non-compliance with local data...

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UK Supporting Tech Startups With New Fund, Revamped Rules
UK Supporting Tech Startups With New Fund, Revamped Rules
July 16, 2021  |  Startups

U.K. Chancellor of the Exchequer Rishi Sunak is planning a summit for entrepreneurs in the technology sector next week and will introduce a 375 million...

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Volkswagen Pledges To Follow China’s Data Privacy Laws
Volkswagen Pledges To Follow China’s Data Privacy Laws
July 16, 2021  |  International

Volkswagen will ensure that it fully complies with China’s stringent new data privacy rules, the carmaker said in a briefing on its first-half sales on...

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China Evaluating Use Of Digital Yuan For International Payments
China Evaluating Use Of Digital Yuan For International Payments
July 16, 2021  |  Cryptocurrency

The People’s Bank of China (PBOC) is evaluating use of the digital yuan for cross-border payments and is open to discussions about developing worldwide principles...

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SPACs Setting Sights On Southeast Asian Startups
SPACs Setting Sights On Southeast Asian Startups
July 16, 2021  |  IPO

Special-purpose acquisition companies (SPACs) have set their sights on Southeast Asia’s late-stage startups, CNBC reported this week. A SPAC is a shell company established to...

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Data Brief: 42 Pct Will Spend More At Stores With Online Ordering/Curbside Pickup And Tighter Data Security
Data Brief: 42 Pct Will Spend More At Stores With Online Ordering/Curbside Pickup And Tighter...
July 16, 2021  |  Retail

With a nod to the grocery “arms race” currently playing out between retail titans Amazon and Walmart, as well as the other prominent players turning...

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5G, BNPL, SMB Loyalty Top This Week’s News
5G, BNPL, SMB Loyalty Top This Week’s News
July 16, 2021  |  The Weekender

In this week’s news, we saw Nokia’s stock surging on the heels of strong results as the telecom equipment maker has been working globally to...

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FedEx Investing $100M In India’s Delhivery To Expand International Shipping
FedEx Investing $100M In India’s Delhivery To Expand International Shipping
July 16, 2021  |  International

FedEx Corp subsidiary FedEx Express announced Friday (July 16) it had formed agreements with India’s Delhivery that will see the shipping giant make a $100...

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Feds Bust Maryland Unemployment Fraud Ring Amid Scrutiny Of Illicit Payments
Feds Bust Maryland Unemployment Fraud Ring Amid Scrutiny Of Illicit Payments
July 16, 2021  |  Security & Fraud

It’s been a banner year for fraudsters attacking the suddenly bloated unemployment program, as a top federal government watchdog estimates that as much as $26...

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