EBA: Asylum Seekers Needlessly Blocked by EU Banks
EBA: Asylum Seekers Needlessly Blocked by EU Banks
January 05, 2022  |  International

The European Banking Authority (EBA) says banks in the European Union are blocking asylum seekers and other customers in misguided attempts to adhere to anti-money...

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DailyPay Launches Digital Wallet Solution for Real-Time Pay
DailyPay Launches Digital Wallet Solution for Real-Time Pay
January 05, 2022  |  Faster Payments

On-demand payments startup DailyPay is launching a digital wallet solution to make it easier for people to get paid in real-time every time they work...

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Many Restaurant Customers Feel Alienated by QR Code Menus
Many Restaurant Customers Feel Alienated by QR Code Menus
January 05, 2022  |  ResTech

As quick service restaurants (QSRs) put the pedal to the metal on digitization, utilizing new technologies to maximize their speed and convenience, full-service restaurants (FSRs)...

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Americans’ Favorite Pandemic Activity? Shopping
Americans’ Favorite Pandemic Activity? Shopping
January 05, 2022  |  Retail

Americans’ penchant for nonstop shopping during the ongoing COVID-19 pandemic is likely to trigger increased inflation, according to National Retail Federation chief economist Jack Kleinhenz...

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London’s Babylon Acquires Higi to Deliver Digital-First Healthcare to US
London’s Babylon Acquires Higi to Deliver Digital-First Healthcare to US
January 05, 2022  |  Acquisitions

Digital-first healthcare company Babylon closed an acquisition deal for consumer health engagement firm Higi to deliver its services across the U.S. Get the Full Story...

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IMF Postpones World Economic Outlook to Consider Latest COVID Data
IMF Postpones World Economic Outlook to Consider Latest COVID Data
January 05, 2022  |  Economy

The International Monetary Fund (IMF) is postponing its World Economic Outlook by about a week until Jan. 25 to account for the more recent developments...

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90% of Acquiring Banks Say Using AI to Monitor Merchant Transactions Boosts Efficiency
90% of Acquiring Banks Say Using AI to Monitor Merchant Transactions Boosts Efficiency
January 05, 2022  |  artificial intelligence

Acquiring banks that use artificial intelligence (AI) to monitor merchants on their platforms say the technology has yielded many significant benefits that help boost their...

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Finexio Raises $10M for ‘Payments-as-a-Service’ Growth
Finexio Raises $10M for ‘Payments-as-a-Service’ Growth
January 05, 2022  |  Investments

Accounts payable (AP) Payments-as-a-Service (PaaS) platform Finexio has completed an oversubscribed $10 million funding round that gives the company the money it needs to meet...

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Walmart, FedEx Sign Deal with General Motors for Electric Delivery Vans
Walmart, FedEx Sign Deal with General Motors for Electric Delivery Vans
January 05, 2022  |  Delivery

Walmart and FedEx plan to add several thousand electric delivery vans to their fleets over the next few years, the two companies announced Wednesday (Jan....

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