Editor’s Picks

Why FedNow, Postal Banking Might Find Spotlight in November Election

Why FedNow, Postal Banking Might Find Spotlight in November Election
Why FedNow, Postal Banking Might Find Spotlight in November Election
August 11, 2020  |  Financial Inclusion

The presidential race is now, finally, and fully, on. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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FTC Warns Taxpayers About Stimulus Fraud
FTC Warns Taxpayers About Stimulus Fraud
August 11, 2020  |  Security & Fraud

Congress has yet to agree on the next round of stimulus funding, but the Federal Trade Commission (FTC) is already warning the public to beware....

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Report: Airbnb Eyes IPO Before Year’s End
Report: Airbnb Eyes IPO Before Year’s End
August 11, 2020  |  IPO

Despite a 40 percent decrease in its valuation in three years, Airbnb Inc. is on track to go public in a move that would illustrate...

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Walmart, Instacart Partner On Same-Day Delivery To Battle Amazon’s Whole Foods
Walmart, Instacart Partner On Same-Day Delivery To Battle Amazon’s Whole Foods
August 11, 2020  |  Delivery

Walmart Inc. and Instacart have teamed up to offer same-day delivery in select U.S. markets as the battle against Amazon and Whole Foods Market intensifies, CNBC...

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American Express Reportedly Close To Buying SMB Lender Kabbage For Up To $850M
American Express Reportedly Close To Buying SMB Lender Kabbage For Up To $850M
August 11, 2020  |  Partnerships / Acquisitions

American Express Co. (Amex) could be the new owner of Kabbage Inc., one of the largest online business lenders. Get the Full Story Complete the form...

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FedNow Hit With Resistance From Smaller FIs
FedNow Hit With Resistance From Smaller FIs
August 11, 2020  |  B2B Payments

This week’s roundup of payment rail innovations shines a spotlight on how B2B FinTechs are expanding the functionality and value of existing payment rails. Visa’s...

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Execs Vow To Hire 100K Low-Income Minorities By 2030
Execs Vow To Hire 100K Low-Income Minorities By 2030
August 11, 2020  |  Personnel

The top executives of more than two dozen high profile companies have pledged to hire 100,000 people from New York’s minority communities by 2030. Get...

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California Judge: Uber, Lyft Can’t Call Drivers Contractors
California Judge: Uber, Lyft Can’t Call Drivers Contractors
August 10, 2020  |  Legal

A California judge has passed an injunction to force Uber and Lyft to stop classifying their workers as independent contractors rather than employees, CNBC reported....

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Private Equity Firm Advent To Buy 75 Pct Stake Of UK Parcel Deliverer Hermes In $1.3B Deal
Private Equity Firm Advent To Buy 75 Pct Stake Of UK Parcel Deliverer Hermes In...
August 10, 2020  |  Partnerships / Acquisitions

Boston-based Advent International, a global private equity firm focused on overseas buyouts, has purchased a stake in the United Kingdom’s parcel delivery group Hermes for...

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