Mexican Department Store Liverpool Buys 9.9% Stake in Nordstrom
Mexican Department Store Liverpool Buys 9.9% Stake in Nordstrom
September 16, 2022  |  Retail

Two high-end department stores reportedly have a closer relationship now, as the parent company of Mexican chain Liverpool has reportedly acquired a 9.9% passive stake...

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Central African Republic Adopts Bitcoin as Legal Tender; Most Don’t Notice
Central African Republic Adopts Bitcoin as Legal Tender; Most Don’t Notice
September 16, 2022  |  Cryptocurrency

When the Central African Republic (CAR) adopted Bitcoin as legal tender in April, mayhem initially ensued, sparked by confusion, advanced by disagreements, and then driven...

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Restaurants Seek to Balance Full-Service Flourishes With Digital Ease
Restaurants Seek to Balance Full-Service Flourishes With Digital Ease
September 16, 2022  |  Restaurant innovation

As quick-service restaurants (QSRs) rush to automate, their full-service restaurant (FSR) counterparts are forced to take a more nuanced view of innovation. While labor challenges...

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Indian FinTech Zaggle Launches AP, Credit Card Payments Platform
Indian FinTech Zaggle Launches AP, Credit Card Payments Platform
September 16, 2022  |  B2B Payments

Indian FinTech company Zaggle has reportedly launched a product called Zoyer that brings accounts payable (AP) and credit card payments together on a single platform....

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Fear, Skepticism Drive Weird Relationship With New Tech
Fear, Skepticism Drive Weird Relationship With New Tech
September 16, 2022  |  Payments Innovation

While panning PYMNTS’ weekly stream of research and surveys, an unexpected thread of mistrust, misperception and misuse emerged, involving both consumers and businesses, that wove...

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Treasury Lends Tacit Support to Digital Dollar
Treasury Lends Tacit Support to Digital Dollar
September 16, 2022  |  CBDC

One striking aspect of the Treasury Department’s Friday (Sept. 16) report, “The Future of Money and Payments” is how little space it dedicated to address...

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EMEA Daily: 5 Companies Join ECB’s Digital Euro Project
EMEA Daily: 5 Companies Join ECB’s Digital Euro Project
September 16, 2022  |  International

Today in Europe, the Middle East and Africa (EMEA) news, the European Central Bank (ECB) announces five industry partners that will be involved in a...

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Today in B2B Payments: Developers Provide Crypto, Receipt Management Tools
Today in B2B Payments: Developers Provide Crypto, Receipt Management Tools
September 16, 2022  |  B2B Payments

Today in B2B payments, CryptoPayments launches new solutions to help make and receive payments in cryptocurrency, while Botkeeper partners with Expensify to streamline monthly receipt...

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Banking Platform Oportun Gains $150M Secured Loan From Neuberger Berman
Banking Platform Oportun Gains $150M Secured Loan From Neuberger Berman
September 16, 2022  |  Loans

Mission-driven FinTech and digital banking platform Oportun Financial Corporation closed a $150 million senior secured term loan from funds managed or sub-advised by Neuberger Berman Specialty Finance. Get the...

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