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Klarna’s Global Merchandise Volume Jumps 42% in ’21 as US Users Grow 71%

Klarna’s Global Merchandise Volume Jumps 42% in ’21 as US Users Grow 71%
Klarna’s Global Merchandise Volume Jumps 42% in ’21 as US Users Grow 71%
February 28, 2022  |  BNPL

Buy now pay later (BNPL) giant Klarna posted year-end results for 2021 that continued to show runaway success in the U.S., with a 71% surge...

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Today in Retail: Overstock CEO Wants to End Returns; Party City Looks Ahead to Festive 2022
Today in Retail: Overstock CEO Wants to End Returns; Party City Looks Ahead to Festive...
February 28, 2022  |  Retail

Today in retail, Target is increasing its starting hourly pay to $24 in some markets, while eBay could soon accept cryptocurrency. Plus, Etsy picks up...

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Complying With EU Data Laws Is Becoming Increasingly Complex 
Complying With EU Data Laws Is Becoming Increasingly Complex 
February 28, 2022  |  Regulation

Data breaches in Europe can be extremely expensive, up to 4% of a company’s annual turnover, thanks to the General Data Protection Regulation (GDPR). Fines...

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Citigroup’s Russian Exposure at $5.4B
Citigroup’s Russian Exposure at $5.4B
February 28, 2022  |  International

Citigroup reported Monday (Feb. 28) that its total exposure to Russian assets was at $5.4 billion at the end of December 2021, down from $5.5...

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Taxation May Be a Bigger Issue in Crypto Regulation Than Anticipated
Taxation May Be a Bigger Issue in Crypto Regulation Than Anticipated
February 28, 2022  |  Cryptocurrency

One of the biggest obstacles for institutions, investors, individuals, entrepreneurs in the United States and overseas to use blockchain and crypto assets, either for payment...

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4thWave Launches UAE Capital Financing/B2B Payment Tool
4thWave Launches UAE Capital Financing/B2B Payment Tool
February 28, 2022  |  B2B Payments

Canadian FinTech 4thWave Inc. debuted an integrated working capital financing and B2B payment solution in the United Arab Emirates (UAE) as part of a partnership...

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Egypt’s Food Delivery Startup Elmenus Secures Backing from Uber’s Careem
Egypt’s Food Delivery Startup Elmenus Secures Backing from Uber’s Careem
February 28, 2022  |  Investments

Egyptian food-delivery startup Elmenus secured an undisclosed investment from Uber-owned ride hailing and food-delivery platform Careem, which is headquartered in Dubai and operates in over...

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Russian Cryptocurrencies Could Be Part of Future Sanctions
Russian Cryptocurrencies Could Be Part of Future Sanctions
February 28, 2022  |  Cryptocurrency

If the President Joe Biden administration gets its way, the latest economic sanction against Russia for invading Ukraine will be a disruption of its cryptocurrency...

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Today in Data: Connected Fitness Market Ramps Up; Brookfield Adds Klarna BNPL; Target Masters Curbside Pickup and Delivery
Today in Data: Connected Fitness Market Ramps Up; Brookfield Adds Klarna BNPL; Target Masters Curbside...
February 28, 2022  |  Today In Data

Today in Data, Klarna and Brookfield Properties partner on a buy now, pay later (BNPL) option for 150 mall properties. Plus, the connected fitness market...

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