B2B Payments Today: VersaPay On Payment Processing; Transfix Collaborates With TriumphPay
B2B Payments Today: VersaPay On Payment Processing; Transfix Collaborates With TriumphPay
July 02, 2021  |  B2B Payments

Today in B2B payments, VersaPay explores payment processing. Plus, Transfix is teaming with TriumphPay, Xendoo is collaborating with Gusto and Emirates Development Bank (EDB) has...

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New Ukraine Legislation Lists CBDC As Cash Equivalent
New Ukraine Legislation Lists CBDC As Cash Equivalent
July 02, 2021  |  Cryptocurrency

New legislation passed by the Ukrainian parliament addressed central bank digital currency (CBDC) and determined that it was functionally equal to cash or other payment...

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Muddled, Muted And Misplaced, ‘Revenge Shopping’ Trend Tries On A New Look For Summer
Muddled, Muted And Misplaced, ‘Revenge Shopping’ Trend Tries On A New Look For Summer
July 02, 2021  |  Economy

A few months ago, in the waning days of winter and at the outset of mass vaccination, economists and retail industry analysts were largely in...

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South Korea’s Kakao Pay Pushes Toward A Public Offering
South Korea’s Kakao Pay Pushes Toward A Public Offering
July 02, 2021  |  IPO

South Korea’s largest online payment firm, Kakao Pay, is moving toward a $1.4 billion initial public offering (IPO) later this summer. Per the IPO filing, the...

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London Exchange Reports Highest IPO Numbers In Years
London Exchange Reports Highest IPO Numbers In Years
July 02, 2021  |  IPO

The London Stock Exchange reported a “strong start” to 2021, with more than £27bn of equity raised, the highest H1 since 2014. In addition, 49...

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Robinhood Seeks $40B Valuation In IPO; New Users Soar
Robinhood Seeks $40B Valuation In IPO; New Users Soar
July 02, 2021  |  IPO

Robinhood is seeking a $40 billion valuation in its initial public offering (IPO) following an increase in both profits and users, the Financial Times (FT)...

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EU’s Post-Pandemic Recovery Fund Will Hit Most Firms With New Taxes
EU’s Post-Pandemic Recovery Fund Will Hit Most Firms With New Taxes
July 02, 2021  |  Taxes

The European Union’s (EU) European Commission (EC) is instituting a new business tax to benefit the Post-Pandemic Recovery Fund, U.S. News reported on Friday (July...

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Restaurant Roundup: McDonald’s Hopes To ‘Reset’ Franchisee Relationships
Restaurant Roundup: McDonald’s Hopes To ‘Reset’ Franchisee Relationships
July 02, 2021  |  Restaurant Roundup

With relationships strained between McDonald’s and its United States franchisees, in part due to fees that the company said it would charge restaurant owners for...

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China’s SAMR Prepares Illegal Pricing Crackdown
China’s SAMR Prepares Illegal Pricing Crackdown
July 02, 2021  |  Regulation

China’s market regulator is preparing to crack down on illegal pricing, including online platforms that charge different prices based on customer buying patterns. Get the...

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