Central Bank Chief: Brazil’s Banks Do Not Lose Money With Pix
Central Bank Chief: Brazil’s Banks Do Not Lose Money With Pix
August 12, 2022  |  Digital Payments

The head of Brazil’s central bank is refuting the idea that banks lose money with the country’s Pix instant payment system. Get the Full Story...

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Today in the Connected Economy: Apple to Step up iPhone Production
Today in the Connected Economy: Apple to Step up iPhone Production
August 12, 2022  |  Connected Economy

Today in the connected economy, Apple tells its suppliers to boost production on new iPhones, while also planning to possibly raise the price of the...

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Survey Shows Consumer Sentiment Improvement in August
Survey Shows Consumer Sentiment Improvement in August
August 12, 2022  |  Consumer Insights

United States consumers feel better about the economy than they did a month ago, preliminary August data from the closely watched University of Michigan survey...

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That Isn’t ‘Box Fatigue’ — It’s Consumers Shedding Subscriptions That Lack Value
That Isn’t ‘Box Fatigue’ — It’s Consumers Shedding Subscriptions That Lack Value
August 12, 2022  |  Subscriptions

Is inflation causing a “great unsubscribe,” or is it more a case of consumers becoming increasingly selective about their retail subscriptions? The truth is likely...

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Klavi Raises $15M to Grow Open Finance Solution, Develop New B2B Products
Klavi Raises $15M to Grow Open Finance Solution, Develop New B2B Products
August 12, 2022  |  B2B Payments

Open finance SaaS platform Klavi has raised $15 million in a Series A investment round to develop new B2B finance products. Get the Full Story...

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The Growing Ambitions of Sam Bankman-Fried, Crypto’s Would-Be King
The Growing Ambitions of Sam Bankman-Fried, Crypto’s Would-Be King
August 12, 2022  |  Cryptocurrency

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Nigeria Implements 5% Mobile Services Tax
Nigeria Implements 5% Mobile Services Tax
August 12, 2022  |  Mobile

As it deals with a growing financial crisis, Nigeria is preparing to implement a 5% tax on voice calls, text messages and mobile data. Get...

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In the Beginning: How a CFO Approaches Automating a Purely Manual AP Environment
In the Beginning: How a CFO Approaches Automating a Purely Manual AP Environment
August 12, 2022  |  B2B Payments

Many companies have embarked upon the journey to digitize B2B payments since the pandemic, but Reachdesk is an example of one that has only just...

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Retailers Bristle at Mastercard Installment-Payment Terms
Retailers Bristle at Mastercard Installment-Payment Terms
August 12, 2022  |  Mastercard

A new 3% purchase-price charge from Mastercard when customers use a new installment-payment plan has angered some retailers, a Bloomberg report said, which notes that...

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