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Cash App, Instant Payments, QR Codes Top This Week’s News

Cash App, Instant Payments, QR Codes Top This Week’s News
Cash App, Instant Payments, QR Codes Top This Week’s News
February 05, 2021  |  The Weekender

In this week’s news, we saw Cash App faults its clearing broker dealer for halting AMC and Nokia trading, new insight on instant payments and...

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US Senate Approves President Biden’s $1.9 Trillion Stimulus Package
US Senate Approves President Biden’s $1.9 Trillion Stimulus Package
February 05, 2021  |  News

The U.S. Senate approved President Joe Biden’s $1.9 trillion COVID-19 relief package early Friday (Feb. 5), The Wall Street Journal reported. Get the Full Story...

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FTC Sees Surge In Robinhood Complaints
FTC Sees Surge In Robinhood Complaints
February 05, 2021  |  Markets

The Federal Trade Commission said it received more than 100 Robinhood-related complaints between Jan. 24 and Feb. 2, CNBC reported on Friday (Feb. 5). Get the...

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Florida Suspects Fraud Behind Spike In Unemployment Claims
Florida Suspects Fraud Behind Spike In Unemployment Claims
February 05, 2021  |  Security & Fraud

The Florida Department of Economic Opportunity (DEO) suspects that a recent spike in unemployment assistance claims in the state may be due to an uptick...

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Today In Payments: Walmart Buys Ad Tech Platform; Peloton Records First $1 Billion Quarter
Today In Payments: Walmart Buys Ad Tech Platform; Peloton Records First $1 Billion Quarter
February 05, 2021  |  News

In today’s top news, Walmart pushes deeper into the advertising business, and Peloton hit its first $1 billion quarter. Plus, Instacart is offering same-day delivery...

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Kia Pursuing Partners To Make Apple Cars In Georgia
Kia Pursuing Partners To Make Apple Cars In Georgia
February 05, 2021  |  Apple

South Korea’s Kia, a multinational automotive manufacturer headquartered in Seoul, is seeking partners to assemble the Apple electric car in Georgia, The Wall Street Journal...

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Today In Retail: PriceSmart Reports 5.2 Pct Climb In Net Merchandise Sales; Walmart Purchases Ad Technology Platform
Today In Retail: PriceSmart Reports 5.2 Pct Climb In Net Merchandise Sales; Walmart Purchases Ad...
February 05, 2021  |  Retail

In today’s top retail news, PriceSmart, Inc. announced a 5.2 percent rise in net merchandise sales between January 2020 and January 2021, while Walmart is...

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SEC Probes Clover Health Actions In Going Public Via SPAC
SEC Probes Clover Health Actions In Going Public Via SPAC
February 05, 2021  |  IPO

Clover Health said Friday (Feb. 5) it would cooperate with the Securities and Exchange Commission (SEC) on an investigation prompted by a scathing report on...

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China’s Luckin Coffee Files For Chapter 15 Bankruptcy Protection In US
China’s Luckin Coffee Files For Chapter 15 Bankruptcy Protection In US
February 05, 2021  |  Retail

Luckin Coffee, which saw two of its top executives fired last year for mismanagement, said it has filed for Chapter 15 bankruptcy protection in the...

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