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China Flexes Anti-Crypto Muscle, Blocks Weibo’s Crypto Influencers
China Flexes Anti-Crypto Muscle, Blocks Weibo’s Crypto Influencers
June 07, 2021  |  Regulation

China has blocked cryptocurrency and decentralized finance (DeFi) accounts and influencers from Sina Weibo, which is the Chinese equivalent of Twitter, The Guardian reported. Get...

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National Australia Bank Facing Money Laundering Probe
National Australia Bank Facing Money Laundering Probe
June 07, 2021  |  AML

National Australia Bank (NAB) said Monday (June 7) it is under investigation for breaches of the country’s money laundering and counter-terrorism laws. Get the Full...

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Nium Invests In B2B Travel Payments With Ixaris Acquisition
Nium Invests In B2B Travel Payments With Ixaris Acquisition
June 07, 2021  |  Acquiring

The payments platform Nium announced on Monday (June 7) that it would acquire the travel payments optimization platform Ixaris as part of a global expansion....

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Restaurant Job Count Creeping Back Up, Per BLS Data
Restaurant Job Count Creeping Back Up, Per BLS Data
June 07, 2021  |  Personnel

The United States Department of Labor’s Bureau of Labor Statistics (BLS) announced on Friday (June 4) that total U.S. jobs grew by 559,000 during May....

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Rapidly Expanding P2P Market Faces Interoperability Challenges
Rapidly Expanding P2P Market Faces Interoperability Challenges
June 07, 2021  |  Payment Methods

The rapid rush to digitization pushed by the pandemic period over the last 15 months has sparked something of a renaissance among peer-to-peer (P2P) payments...

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FinTech Dave Going Public Via SPAC At $4 Billion Equity Value
FinTech Dave Going Public Via SPAC At $4 Billion Equity Value
June 07, 2021  |  IPO

Challenger bank startup Dave is partnering with special-purpose acquisition company (SPAC) VPC Impact Acquisition Holdings III (VPCC), sponsored by Victory Park Capital (VPC), with an...

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Retail Competition Pivots To New Turf: Worker Retention And Recruitment
Retail Competition Pivots To New Turf: Worker Retention And Recruitment
June 07, 2021  |  Retail

Amazon is taking a new tack in its crusade to raise the federal minimum wage, by noting the rising economic clout that the increased paychecks...

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As Apple’s WWDC Kicks Off, App Store, Services In the Spotlight
As Apple’s WWDC Kicks Off, App Store, Services In the Spotlight
June 07, 2021  |  Apple

Monday (June 7) marks the kickoff of Apple’s Worldwide Developer’s Conference, a weeklong confab, being held online (due to the coronavirus). Get the Full Story Complete...

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Health Company GNC Offers Select Products In Walmart Stores
Health Company GNC Offers Select Products In Walmart Stores
June 07, 2021  |  Retail

Even as it expands its online presence, Walmart has struck a deal with GNC, the health and wellness company, to sell its products in the...

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