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Biden Stimulus: $1,400 Checks And $20 Billion For Vaccines
Thursday 14th January - 9:02 pmPresident-elect Joe Biden will push for a $1.9 trillion COVID-19 relief package, according to The Wall Street Journal (WSJ). That will come with $1,400 stimulus checks for Americans to add onto ...
Pandemic Ripple Effects Extend To Business Events
Thursday 14th January - 5:34 pmAs the pandemic, eventually, moves to the rearview mirror — we might move from post-COVID to an era to be defined as post-convention. It’s no secret that the meetings and events ...
NTT DATA Teams With Conferma Pay On Virtual Payments For Lodging
Thursday 14th January - 12:56 pmNTT DATA Hong Kong Limited (NTT DATA) has teamed with Conferma Pay to bring digital payment communications to hotels, according to an announcement emailed to PYMNTS. “Partnering with Conferma Pay is a ...
Second Unemployment Report Of 2021 Shows Uptick To 965,000
Thursday 14th January - 9:20 amInitial unemployment claims went up more than expected for the week that ended Jan. 9, the second jobless report of the new year after 2020 rang out with record-high numbers ...
Upgrade’s New Debit Rewards Product Takes New Approach To Mobile Banking
Thursday 14th January - 6:01 amThere is no shortage of digital-only banks offering a smoother onboarding process, a slick mobile interface and fee waivers in an effort to tempt consumers to leave their traditional bank. Which, ...
Mastercard’s Saxena: Walgreens Deal Addresses Dual Priorities Of Payments And Healthcare
Thursday 14th January - 4:00 amThe relationship announced Wednesday (Jan. 13) between Walgreens, Mastercard and Synchrony is more than a standard co-brand deal. The three companies will now team up to provide a mix of ...
Mobile Payments Bridge Cash And Digital Divide In Pakistan
Thursday 14th January - 4:00 amIn the move toward digital payments in cash-centric economies, building trust in bank accounts and payments done in bits and bytes is critical. In Pakistan, for firms seeking to spur that ...
Fed Says Unemployment Rate Tops 20 Pct For Low-Income Workers
Wednesday 13th January - 8:52 pmThe pandemic is making disparities worse in the country’s economy, Federal Reserve Governor Lael Brainard said in a Wednesday (Jan. 13) speech, with unemployment “likely above 20 percent” for lower-wage ...
Fed Report: 2020 Closes Out With Slight Economic Uptick
Wednesday 13th January - 8:34 pmThe U.S. economy posted slight gains in the pandemic year of 2020, after closing the books on what was one of the most dismal economic fallouts in history, according to ...
Girl Scouts Get Their Digital-First Merit Badge
Wednesday 13th January - 6:01 pmArguably the best culinary time of the year is approaching as the Girl Scouts are once again peddling their delicious wares to the general public. Over the next few weeks ...
Rubio To Biden: Pass $2,000 Stimulus Checks For Pandemic Relief
Wednesday 13th January - 5:26 pmSen. Marco Rubio of Florida wrote in a letter that he wants President-elect Joe Biden to focus immediately on getting $2,000 checks out to Americans to help during the pandemic. “Millions ...
Worker Re-Lo Stats Support Argument That Remote WFH Is Here To Stay
Wednesday 13th January - 4:17 pmWhether it’s Tesla CEO Elon Musk moving to Austin, Texas or large tech companies like Oracle pulling out of Silicon Valley, news of the great pandemic migration has been on ...
Paytm, Nubank Could Soon Swing To Profit Amid Surging Demand For Digital Banking
Wednesday 13th January - 2:23 pmIndia’s Paytm and Brazil’s Nubank could soon turn the corner to profitability thanks to surging demand for digital payment services in India and Brazil amid the ongoing COVID-19 pandemic. “We could ...
Inflation Looms, So What Lies Ahead For SMBs?
Wednesday 13th January - 2:01 pmInflation, it might be argued, is a fact of life. If you’re not experiencing it, you’re likely anticipating it. Reuters reported on Wednesday (Jan. 13) that, according to St. Louis Federal Reserve ...
Visa Halts All Political Donations For Now After Capitol Attack
Tuesday 12th January - 6:20 pmVisa has suspended all political donations for the time being, Reuters reported on Tuesday (Jan. 12). The payments giant said it had suspended the donations as it reviewed its candidate contribution guidelines. “Visa does ...