Crypto and the Circle of Disintermediation
Crypto and the Circle of Disintermediation
November 01, 2022  |  Cryptocurrency

Banks have been getting louder and louder about their opposition to central bank digital currencies (CBDCs) like the digital dollar over the course of 2022,...

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Mondelēz Says Premium Brands Like Oreo, Ritz, Cadbury Will Avoid Consumer Trade-Down
Mondelēz Says Premium Brands Like Oreo, Ritz, Cadbury Will Avoid Consumer Trade-Down
November 01, 2022  |  Consumer Insights

Snack and candy giant Mondelēz International says its portfolio of premium food and beverage (F&B) brands will be protected from the worst of the trade-down...

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Lease-to-Own Retailer FlexShopper Debuts FlexWallet Virtual Card
Lease-to-Own Retailer FlexShopper Debuts FlexWallet Virtual Card
November 01, 2022  |  Shopping

Lease-to-own company FlexShopper has launched a digital credit card that offers its customers a way to make purchases without a traditional credit card or cash. ...

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Some Student Loan Borrowers Get Refunds for Payments in Pandemic
Some Student Loan Borrowers Get Refunds for Payments in Pandemic
November 01, 2022  |  Loans

Despite a legal challenge to its student loan forgiveness program, the federal government is reportedly sending refund checks for student loan payments that borrowers made...

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Lendbuzz Secures $150M Credit Facility to Expand Number of Auto Loans
Lendbuzz Secures $150M Credit Facility to Expand Number of Auto Loans
November 01, 2022  |  Loans

Auto finance platform Lendbuzz has secured a $150 million credit facility from J.P. Morgan and will use it to help expand the number of borrowers...

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Intuit Pauses Hiring at Credit Karma as Lending Activity Slows
Intuit Pauses Hiring at Credit Karma as Lending Activity Slows
November 01, 2022  |  Economy

Intuit has reportedly paused hiring at its Credit Karma unit, with all new hiring to be paused but with no pay cuts and with employees...

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Uber’s Grocery Investments Boost Platform-Wide Engagement
Uber’s Grocery Investments Boost Platform-Wide Engagement
November 01, 2022  |  Delivery

Early results show that Uber’s investments in its grocery offerings are paying off, by both driving adoption and strengthening the platform’s cross-vertical engagement, company executives...

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Uber Says 70% of New Drivers Signed Up to Beat Inflation
Uber Says 70% of New Drivers Signed Up to Beat Inflation
November 01, 2022  |  Earnings

As Uber reported its third-quarter earnings, CEO Dara Khosrowshahi had a pointed stat that spoke volumes about the gig economy in general and the mobility/delivery...

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Pick n Pay Expands Crypto Payments in South Africa
Pick n Pay Expands Crypto Payments in South Africa
November 01, 2022  |  Cryptocurrency

The South African grocery retailer Pick n Pay announced Tuesday (Nov. 1) that it has completed the first phase of a pilot that allows customers...

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