Airbnb to End Domestic Listings in China, Citing Cost, Competition
Airbnb to End Domestic Listings in China, Citing Cost, Competition
May 23, 2022  |  Travel Payments

Airbnb won’t be going forward with its domestic listings in China, CNBC wrote Monday (May 23), citing costs and competition. Get the Full Story Complete...

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Today in Food Commerce: Chicken Wings Get the Robotic Treatment; Walmart Automates Distribution Centers
Today in Food Commerce: Chicken Wings Get the Robotic Treatment; Walmart Automates Distribution Centers
May 23, 2022  |  Commerce

Today in food commerce, Wavemaker Labs and Wing Zone launch Wing Zone Labs, while Walmart announces plans to automate all its regional distribution centers. Plus,...

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Walmart Announces Robotic Transformation of Regional Distribution Centers
Walmart Announces Robotic Transformation of Regional Distribution Centers
May 23, 2022  |  Walmart

As grocers struggle both with rising food costs and a challenging labor market, many are seeking out solutions to enable greater efficiency at every step...

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B2B Facilitation Platform Amaryllis Payment Solutions Snags $10M to Speed Development
B2B Facilitation Platform Amaryllis Payment Solutions Snags $10M to Speed Development
May 23, 2022  |  B2B Payments

Amaryllis Payment Solutions on Monday (May 23) wrapped up a Series B fundraising round worth $10 million that it will use to accelerate product development...

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12 Years On, Bitcoin Pizza Day Finally Sees Crypto Payments Gain Traction
12 Years On, Bitcoin Pizza Day Finally Sees Crypto Payments Gain Traction
May 23, 2022  |  Bitcoin

Sunday was Bitcoin Pizza Day, the annual crypto industry holiday celebrating the first known use of bitcoin as a payments currency. Get the Full Story...

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Gig App Provider Ranking Sees a Close Race for First Place
Gig App Provider Ranking Sees a Close Race for First Place
May 23, 2022  |  Mobile Applications

Which one will arrive first, the ride or the food delivery? It’s a close race in the latest edition of PYMNTS’ Provider Ranking of Gig...

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Klarna to Cut About 700 Jobs Due to Inflation, War
Klarna to Cut About 700 Jobs Due to Inflation, War
May 23, 2022  |  Economy

Swedish buy now, pay later (BNPL) FinTech Klarna will lay off about 10% of its staff due to the effects of inflation and the Russia-Ukraine...

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Outsourced Dispute Resolution Services Lowered Credit Card Dispute Losses by a Third
Outsourced Dispute Resolution Services Lowered Credit Card Dispute Losses by a Third
May 23, 2022  |  Fraud Prevention

The average business has lost nearly one-half of one percent (0.43%) of its credit card payment revenue to card transaction disputes in the past 12...

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JPMorgan: Tech and Product Investments to Top $2.8B in 2022
JPMorgan: Tech and Product Investments to Top $2.8B in 2022
May 23, 2022  |  Digital Banking

J.P. Morgan’s investor day Monday (May 23) had all eyes on Wall Street focusing on net interest margins and CEO Jamie Dimon’s take on macro-related...

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