Big Tech Compliance Tracker: European Nations Want More Control Over Big Tech Mergers; US Treasury Official Anticipates Strong Support For Global Minimum Tax
Big Tech Compliance Tracker: European Nations Want More Control Over Big Tech Mergers; US Treasury...
June 01, 2021  |  Regulation

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny.  Get the Full Story Complete the form to unlock this...

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First Midwest Merges With Old National In $6.5 Billion Deal
First Midwest Merges With Old National In $6.5 Billion Deal
June 01, 2021  |  Partnerships / Acquisitions

Chicago’s First Midwest Bank and Indiana’s Old National Bank have signed a $6.5 billion definitive merger agreement to create a midwestern financial institution (FI) with...

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Mitek Acquires ID R&D To Fight Identity Fraud
Mitek Acquires ID R&D To Fight Identity Fraud
June 01, 2021  |  Digital Identity

Digital identity verification company Mitek announced Tuesday (June 1) it has acquired ID R&D, an artificial intelligence (AI)-based voice and face biometrics and liveness detection firm,...

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Today In Payments: EU Advances Plans For Digital Wallet; Circle Finalizes $440M Financing
Today In Payments: EU Advances Plans For Digital Wallet; Circle Finalizes $440M Financing
June 01, 2021  |  News

In today’s top news, the European Union (EU) is planning to announce an EU-wide digital wallet, and Circle has raised $40 million. Plus, U.S. officials...

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Rent Payment Platform Till Partners With ACRE On Credit Building Tool
Rent Payment Platform Till Partners With ACRE On Credit Building Tool
June 01, 2021  |  Real Estate

Till, the FinTech that provides a payment platform for renters, announced Tuesday (June 1) it has formed a partnership with Asia Capital Real Estate (ACRE)...

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World’s Biggest Meat Producer, JBS, Hacked In Organized Attack
World’s Biggest Meat Producer, JBS, Hacked In Organized Attack
June 01, 2021  |  Security & Fraud

JBS USA, the world’s largest meat processor, was the victim of a cyberattack that the Greeley, Colorado company called “organized,” which affected its IT systems...

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Instacart Seeks Partners For Automated Fulfillment Centers
Instacart Seeks Partners For Automated Fulfillment Centers
June 01, 2021  |  Delivery

Instacart wants to replace its team of gig shoppers with robots in an effort to reduce costs and forge a stronger relationship with supermarkets. Get...

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European Insurance Unicorn Wefox Notches $650 Million At $3 Billion Valuation
European Insurance Unicorn Wefox Notches $650 Million At $3 Billion Valuation
June 01, 2021  |  Investments

Berlin-based digital insurance company wefox has landed $650 million in financing, giving the a firm a valuation of $3 billion, according to a Tuesday (June...

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PayPal Leads Mobile Wallet Race With Half Of Online Transactions (And A Quarter In-Store)  
PayPal Leads Mobile Wallet Race With Half Of Online Transactions (And A Quarter In-Store)  
June 01, 2021  |  Mobile Wallets

With newfound enthusiasm for contactless transactions amid the pandemic, consumers’ preference for mobile wallets is growing undeniably — but not evenly, according to PYMNTS’ latest...

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