Citi Removes Overdraft, Returned Item Fees on Retail Banking Accounts
Citi Removes Overdraft, Returned Item Fees on Retail Banking Accounts
June 21, 2022  |  Banking

Citi has removed overdraft, overdraft protection transfer and returned item fees from Citi Retail Banking consumer deposit accounts, with the changes having gone into effect...

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47% of Brazilian Consumers Shop With a Smartphone In-Store
47% of Brazilian Consumers Shop With a Smartphone In-Store
June 21, 2022  |  Retail

Mobile commerce is at the center of the Brazilian eCommerce market. As a result, merchants must orient their digital innovation efforts around their customers’ demands...

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Snap CEO Firm on Long-Term Plays, AR
Snap CEO Firm on Long-Term Plays, AR
June 21, 2022  |  Mobile Applications

Snap Chief Executive Evan Spiegel reiterated his support for long-term decision making at the corporate level and expressed enthusiasm for the company’s virtual reality work...

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Today in Food Commerce: Kellogg Splits Into Three; Krispy Kreme Launches Ice Cream
Today in Food Commerce: Kellogg Splits Into Three; Krispy Kreme Launches Ice Cream
June 21, 2022  |  Commerce

Today in food commerce, Kellogg divides into three independent, publicly traded companies, while Mondelēz International acquires Clif Bar. Plus, Krispy Kreme rolls out ice cream,...

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Amazon Makes 17-Year Vet, Doug Herrington, Worldwide Amazon Stores CEO
Amazon Makes 17-Year Vet, Doug Herrington, Worldwide Amazon Stores CEO
June 21, 2022  |  Personnel

Amazon has named Doug Herrington as the retail behemoth’s new CEO of its Worldwide Amazon Stores business, the segment formerly known as Consumer, tapping the...

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Zego Teams With Flex for Flexible Rent Payment Initiative
Zego Teams With Flex for Flexible Rent Payment Initiative
June 21, 2022  |  Partnerships

Property management technology startup Zego partnered with flexible payment portal Flex to allow renters to pay their bills on a schedule that better suits their...

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Is One of Crypto’s Richest Billionaires Becoming its ‘Lender of Last Resort?’
Is One of Crypto’s Richest Billionaires Becoming its ‘Lender of Last Resort?’
June 21, 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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Chipotle: Loyalty Launch Will Help Canada Fandom Catch up to US
Chipotle: Loyalty Launch Will Help Canada Fandom Catch up to US
June 21, 2022  |  Loyalty & Rewards

With many major United States restaurant brands’ rewards programs now well established with their domestic customers, some chains are turning their focus to international markets,...

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Virtual Cards Gaining Ground on ACH in B2B Payments
Virtual Cards Gaining Ground on ACH in B2B Payments
June 21, 2022  |  B2B Payments

The accelerated digitization caused by shutdowns and operational restrictions during the pandemic inspired a series of financial experiments, many of which have shown that they...

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