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162UK Open Banking Startup Tink Closes €90M Funding Deal
The U.K.’s open banking platform Tink raised €90 million in an investment round co-led by Dawn Capital, HMI Capital and Insight Partners,...
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281Google CEO Calls For AI Governance
In a Sunday opinion column in The Financial Times (FT), Google and Alphabet chief executive officer (CEO) Sundar Pichai wrote about the...
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285India’s Future Group Cuts eCommerce Venture, Lays Off About 400
Future Group, the Indian conglomerate headquartered in Mumbai, is downsizing its eCommerce division Retail 3.0 and laid off 350-400 workers, Livemint reported...
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330UK Regulators’ Data Violations Fines Top $126.5M
Regulators in the U.K. have levied €114 million ($126 million) in fines for data violations since instituting new stronger privacy mandates in...
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507Afterpay CEO: How ‘Contact Us’ And The Kardashians Ignited Afterpay In The US
Never underestimate the value of the “Contact Us” form that every merchant and service provider places somewhere on its website — because...
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649Fiserv: What The 2019 Holiday Shopping Data Says About 2020 Spend
’Tis the season for … looking back at 2019 holiday sales trends, and figuring out what they mean for payments and commerce...
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954Bitcoin Daily: OK Bill Would Create Blockchain Body; Central Asia Steps Up Crypto Mining; Crypto, RBI Case Back In Court
Senator Nathan Dahm (R-OK) is sponsoring a bill that would establish a new state-chartered financial institution (FI) centered around blockchain technology, Cointelegraph...
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652Malaysia Promotes Cashless Society With eWallet Incentive Award
As Malaysia moves towards a cashless society, the government is offering an award payment of RM30 (about $7.37) under its e-Tunai Rakyat...
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679US-funded VPNs, Apps See Increased Usage In Iran
U.S.-backed virtual private networks (VPNs) are working to help Iranians circumvent internet censorship from their own government. The outreach is intended to...
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691EU Official Downplays 5G Delay Over Security Concerns
European industrial policy chief Thierry Breton said Sunday that he didn’t agree with claims that waiting on European companies to install a...
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755Bank of America CEO: Room To ‘Double’ Its US Retail Segment
Brian Moynihan, Chief Executive with Bank of America, is not concerned with overwhelming his industry sector — instead, he believes the banking...
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579Lawmakers Eye Alternatives To Renter Security Deposits
Lawmakers across multiple states are considering legislation to reconfigure the often burdensome security deposit structure that adversely affects renters of less financial...
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726India’s Online B2B Marketplace Beldara Grows
Mumbai, India-based online business-to-business (B2B) marketplace Beldara is planning a global expansion to link more international suppliers with overseas buyers, reports said...
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1.1KCannabis Startup Eaze Struggles To Pay Vendors
Once calling itself the “Uber of pot,” Silicon Valley cannabis startup Eaze is struggling to pay vendors as it searches for a...
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927New Orleans Hack Causes Vendor Payment Delays
The computer system at New Orleans City Hall is still on the fritz following a cyberattack on Dec. 13 that has stalled...
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3.0KThe Rise Of Organized — And Disorganized — Crime In Physical Retail
They say the perfect crime is hard to commit, but last week in Spokane, Washington an intrepid burglar managed to pull it...
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2.9KCar Marketplace CarGurus Has Acquired Autolist
CarGurus, an auto marketplace based in Boston, has acquired car shopping platform startup Autolist, according to reports. Autolist is based in San...
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1.7KAvidXchange Gets $260M In Financing Round
Accounts payable (AP) and payment automation solution company AvidXchange has raised $260 million in equity capital in a financing round, according to...
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2.4KVisa’s Plaid FinTech Play, RTP And BNPL Top This Week’s News
It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest...
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2.4KDoorDash Overtakes GrubHub As Top Delivery Service
DoorDash has overtaken GrubHub as the No. 1 food delivery service in the U.S., according to a report by CNBC. The data...
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2.6KRetail Numbers Underscore US Consumer/eCommerce Strength
Three in a row. In data provided by the U.S. Commerce Department, retail sales were up for the third consecutive month as...
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1.9KTop News In Payments: China Posts Worst Slowdown In Nearly Three Decades; Alphabet Market Cap Hits $1T
In today’s top news, China’s economy grew by its slowest rate since 1990, Alphabet reached $1 trillion market value, and attempted check...
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1.4KSoftBank Could Invest $40B In New Indonesian Capital
While no figure has been suggested yet, SoftBank has reportedly offered to invest a maximum of $40 billion in a new capital city Indonesia...
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2.2KRetailers Increasingly Turn To AI For Security And Efficiency
Artificial intelligence (AI) is moving from cool concept toward everyday consumer reality, and signs of that innovation are increasingly appearing in the...
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1.3KCVS Health Unveils Atlanta HealthHUBs; Target’s Digital Sales Rise Despite Slow Growth
Retailers are aiming to help consumers manage chronic diseases as well as their overall health and wellness through new brick-and-mortar experiences. CVS...
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2.3KBeyoncé Relaunches Ivy Park With Adidas Collaboration
With her new adidas x Ivy Park activewear collection, which gets its start online and in Adidas stores at midnight, Adidas is...
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2.3KASOS Debuts Augmented Reality Online Shopping Tool
Augmented reality (AR) can now be a factor in one of the most traditional, physical aspects of clothes shopping: trying the items...
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1.3KLate Holiday Shoppers Made More Use Of Store Pickup
This past Christmas was one for the procrastinators, as people seemed to be more comfortable shopping for gifts much later in the...
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1.5KThe Rapid Rise Of Real-Time Payments
When The Clearing House launched its Real-Time Payments (RTP) network in 2017, the service was bound to rewrite some rules, and it...
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1.1KGap To Keep Old Navy In-House
Iconic modern retailer Gap officially stated this week that they will keep the Old Navy brand and will not spin it off...
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1.6KSupply Chain Payments Lead Week’s B2B VC Roundup
With Tradeshift securing a nine-figured fundraise, the supply chain payments company was the undoubted leader of this week’s B2B venture capital fundraise....
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1.6KWhere Faster Payments Fits Between B2B Buyers And Suppliers
Accounts payable (AP) automation technology has hit the ground running, with solutions designed to accelerate invoice processing, optimize payment strategies and promote...
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1.1KChina Posts Worst Slowdown In Nearly Three Decades
China’s economy grew by 6.1 percent in 2019, the lowest growth rate in the country since 1990, according to reports on Friday...
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1.3KCalifornia Grants Lending License To BNPL Platform Sezzle
Sezzle, the California-based alternative payments lender, announced Thursday that it was finally approved by the state’s Department of Business Oversight (DBO) for...
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1.5KEU Considers Tightening AI Regulations For ‘High-Risk’ Sectors
Seeking to keep things ethical in the development of artificial intelligence (AI), the European Union wants to enact legally binding requirements for...
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2.0KThis Week In Payments: New Frontiers — Visa And Plaid; Goldman And Marcus; And Big Doings ‘Bout SMB Payments
With Retail’s Big Show in New York, earnings season kicking off and banks reporting on the State of the State 2019, there...
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2.1KWhat Serving The Internet’s ‘Underserved’ Means For Payments
These days, it seems like you can hardly go a minute without hearing about the rise of 5G, the spread of facial...
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2.4KOscar Health: Using Tech To Take The Pain Out Of B2B Healthcare Payments
Healthcare providers must frequently wait to get paid by insurance company partners for the patient treatments they have already administered. Some private...
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2.4KAttempted Check Fraud Spiked 43 Pct. In Two Years
An uptick in check fraud has financial institutions considering whether they should update methods and stop using checks, according to a report...
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2.2KSouth Africa Lowers Check Limits To Promote B2B ePayments
South Africa is lowering the limit for which paper checks can be written in an effort by the nation’s payments industry to...
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1.7KBose To Shutter 119 Tech Stores
Audio equipment company Bose has announced it is closing 119 retail locations due to changing customer demand, according to a report. Part...
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1.4KAmerican Apparel Eyes Comeback After Bankruptcies
After two bankruptcies and a messy controversy regarding its founder, American Apparel is trying to make a comeback, according to CNBC. American...
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1.6KSoldo Augments Prepaid Corporate Cards With NatWest Loans
Prepaid corporate card solution provider Soldo is teaming up with NatWest to connect joint business customers to small business loan solutions. According...
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1.6KCrowdz Pilots Invoice Crowdfunding Platform InvoiceXchange
B2B invoicing and payments firm Crowdz has announced a new pilot aimed at connecting businesses to crowdfunding services to finance their unpaid...
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1.8KApple, NBA Team Up To Release Apple-Branded Playlist In Services Boost
Apple has found what could be a powerful partner in getting its music offering out to more consumers. Even so, the outlook...
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1.8KMerger Combines Six T&E, AP Firms To Form Emburse
Six corporate travel expense management and accounts payable (AP) solution providers are combining into a single company to form Emburse, according to...
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1.7KCommuters In India Will Soon Need Only One Transport Payment Card
Metro authorities in India are planning to launch automatic fare collection (AFC) gates that will work with the country’s National Common Mobility...
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1.6KFar Point Acquisition Merges With Global Blue In $2.6B Deal
Virginia-based FinTech firm Far Point closed a $2.6 billion merger deal with Switzerland’s tourism shopping tax refund company Global Blue, earning it...
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1.8KGlobal Blue Acquisition Capitalizes On Consumer X-Border Spend
New day, new multi-billion-dollar deal within the payments space. To that end, Far Point Acquisition – which operates as a “blank check”...
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1.5KTop News In Payments: Apple Buys AI Firm For $200M; $500M Debt Rescue Plan Considered For Taxi Drivers
In today’s top payments news, Apple buys artificial intelligence (AI) firm Xnor for $200 million, a panel in New York City is...
