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Instacart Appoints Board Members From Facebook, Spotify As It Moves Toward IPO

Instacart Appoints Board Members From Facebook, Spotify As It Moves Toward IPO
Instacart Appoints Board Members From Facebook, Spotify As It Moves Toward IPO
February 24, 2021  |  Personnel

Instacart has appointed two new members to its board of directors: Fidji Simo, app head at Facebook, and Barry McCarthy, former CFO for Netflix and...

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Fed Money Sending System Goes Down For Hours
Fed Money Sending System Goes Down For Hours
February 24, 2021  |  Digital Payments

The Federal Reserve system allowing financial institutions (FIs) to send money back and forth was down for several hours on Wednesday (Feb. 24), CNBC reported....

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Barclays Introduces Support Package To Help UK SMBs
Barclays Introduces Support Package To Help UK SMBs
February 24, 2021  |  B2B Payments

To assist with Britain’s economic recovery on a local level, Barclays is offering a customized support program to local companies. The package is initially geared...

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DTCC Calls For Swift Trade Settlements Following Robinhood-GameStop Debacle
DTCC Calls For Swift Trade Settlements Following Robinhood-GameStop Debacle
February 24, 2021  |  Investments

The Depository Trust and Clearing Corporation (DTCC) is calling for stepping up the time it takes for security settlements to clear, the DTCC said in...

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Today In Payments: Advance America, Western Union Team On Money Transfer Tools; Square Generates $1.7 Billion In Crypto Revenue
Today In Payments: Advance America, Western Union Team On Money Transfer Tools; Square Generates $1.7...
February 24, 2021  |  News

In today’s top news, Advance America is teaming with Western Union to offer its payment solutions, and Square generated $1.7 billion in revenue from cryptocurrency...

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Shopify-TikTok Social Commerce Pact Expands, Spurring Facebook, Pinterest In Social Sales
Shopify-TikTok Social Commerce Pact Expands, Spurring Facebook, Pinterest In Social Sales
February 24, 2021  |  Social Commerce

You don’t have to read tea leaves or master divination to see that social commerce is heating up as a huge payments trend this year....

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Airbnb Offers New Flexible Search Based On Travel Location
Airbnb Offers New Flexible Search Based On Travel Location
February 24, 2021  |  Travel Payments

Airbnb is now offering flexible travel options based on location instead of specific travel dates, a solution the company said should appeal to people who...

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Conversational Commerce Makes Its Voice Heard 
Conversational Commerce Makes Its Voice Heard 
February 24, 2021  |  Artificial Intelligence

Conversational commerce for merchants is taking another step forward today (Feb. 24) with the release of AI Annotator by the conversational artificial intelligence (AI) firm...

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Didi Chuxing Plans To Bring Its Ride-Hailing Service To Europe
Didi Chuxing Plans To Bring Its Ride-Hailing Service To Europe
February 24, 2021  |  Ridesharing

Didi Chuxing Technology Co. plans to bring its ride-hailing services to Western Europe, Bloomberg reported, citing “people familiar with the matter.” Get the Full Story...

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