FinTech Today: Plaid Acquires Cognito for ID Verification; Spain’s Ibercaja Bank Eyes IPO; i2C President Weighs in on BNPL, Crypto, Swipe Fees
FinTech Today: Plaid Acquires Cognito for ID Verification; Spain’s Ibercaja Bank Eyes IPO; i2C President...
January 20, 2022  |  Technology

In today’s top FinTech news, authentication gateway and data provider Plaid moved further into identity verification with the acquisition of Cognito, while Ibercaja Bank eyed...

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Senate Judiciary Committee Approves Big Tech Antitrust Bill
Senate Judiciary Committee Approves Big Tech Antitrust Bill
January 20, 2022  |  ANTITRUST

The Senate Judiciary Committee has approved antitrust legislation that blocks some of the world’s largest tech companies from showing favoritism to their own products or...

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Nayax Acquires Smart Payments Solution On Track Innovations for $4.5M
Nayax Acquires Smart Payments Solution On Track Innovations for $4.5M
January 20, 2022  |  Acquisitions

Cashless payments FinTech Nayax Ltd. has entered into “a binding term sheet” to acquire smart card technology firm On Track Innovations Ltd. for about $4.5...

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Peloton Puts the Brakes on Bike Production
Peloton Puts the Brakes on Bike Production
January 20, 2022  |  Fitness

Peloton is temporary shutting down production of its connected fitness Bike for two months in an effort to cut costs amid dwindling consumer demand. Get...

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Healthcare, B2B Help ACH Network’s Q4 Payment Volume Grow 6.1%
Healthcare, B2B Help ACH Network’s Q4 Payment Volume Grow 6.1%
January 20, 2022  |  Earnings

ACH Network payment volume grew by 6.1% in 2021’s fourth quarter, a rise maintained by strong gains in the healthcare and B2B sectors, along with...

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Rising Inflation Drives New Demand for Procurement Solutions
Rising Inflation Drives New Demand for Procurement Solutions
January 20, 2022  |  B2B Payments

As inflation continues to rise, companies are seeing cost increases in delivery services, software contracts and other goods and services across the board — and...

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Veriff Collabs With Starship to Drive ID Verification for Autonomous Robot Delivery
Veriff Collabs With Starship to Drive ID Verification for Autonomous Robot Delivery
January 20, 2022  |  Delivery

Global identity verification provider Veriff is partnering with autonomous delivery services provider Starship Technologies to offer identity verification services for autonomous robot delivery, according to...

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Saks Launches Digital Shopping, Styling Service
Saks Launches Digital Shopping, Styling Service
January 20, 2022  |  Retail

The luxury brand Saks has launched a service called Saks Stylist, a personal stylist and shopping tool available on its website and mobile app. Get...

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Grocery Roundup: Aldi Drops Deliveroo; Walmart Opens eCommerce Fulfillment Center
Grocery Roundup: Aldi Drops Deliveroo; Walmart Opens eCommerce Fulfillment Center
January 20, 2022  |  Retail

Deliveroo may be going all-in on grocery, but grocers are not necessarily going all-in on Deliveroo. Essen, Germany-based international discount grocery chain Aldi pulled its...

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