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Can Low Credit Card Balances Save Holiday Spending? Don’t Bet On It

Can Low Credit Card Balances Save Holiday Spending? Don’t Bet On It
Can Low Credit Card Balances Save Holiday Spending? Don’t Bet On It
November 16, 2020  |  Retail

Here’s the scenario. Consumers have cut back on travel, in-person entertainment and restaurant spend. They have paid down their credit cards. Then they will use...

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Scooter-Rental Firm Bird Rides Inc. In Talks To Go Public Via A SPAC
Scooter-Rental Firm Bird Rides Inc. In Talks To Go Public Via A SPAC
November 16, 2020  |  Partnerships / Acquisitions

Scooter rental startup Bird Rides Inc. is working on a deal with Credit Suisse Group to go public via a special purpose acquisition company (SPAC),...

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AI Software Provider C3.ai Eyes IPO
AI Software Provider C3.ai Eyes IPO
November 16, 2020  |  IPO

Enterprise artificial intelligence (AI) software provider C3.ai has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for an initial public offering...

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European Central Bank To Launch Probe Of 10-Hour Payments System Outage
European Central Bank To Launch Probe Of 10-Hour Payments System Outage
November 16, 2020  |  Europe

The European Central Bank (ECB) has plans to independently investigate an incident that affected its TARGET2 real-time gross settlement system on Oct. 23 this year,...

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Mastercard’s Vosburg Sees Consumer Spending Changes
Mastercard’s Vosburg Sees Consumer Spending Changes
November 16, 2020  |  Retail

Craig Vosburg, Mastercard’s president of North America, said at a conference Monday (Nov. 16) that the company is seeing new consumer spending trends as a...

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Germany’s Razor Nets $33M To Buy, Grow Amazon Sellers
Germany’s Razor Nets $33M To Buy, Grow Amazon Sellers
November 16, 2020  |  Investments

Germany’s Razor Group, which works to acquire and scale Amazon brands, has raised 25 million euros (about $26.7 million) in a new funding round, according...

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BlackLine Launches New Cloud Modernizing Products
BlackLine Launches New Cloud Modernizing Products
November 16, 2020  |  B2B Payments

BlackLine, which provides account automation software, launched new products on Monday (Nov. 16) to continue helping modernize cloud operations, according to a press release. Get...

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Big Tech Compliance Tracker: Tencent Says Big Tech Needs Greater Oversight; Group Seeks To Block Maryland Online Ad Tax
Big Tech Compliance Tracker: Tencent Says Big Tech Needs Greater Oversight; Group Seeks To Block...
November 16, 2020  |  Regulation

Here’s the latest news from the technology industry, which is coming under increasing scrutiny from governments and consumers around the world. Get the Full Story...

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PwC Creates LIKEZERO For Enhanced Data Capture
PwC Creates LIKEZERO For Enhanced Data Capture
November 16, 2020  |  B2B Payments

PwC has spun out its technology for proprietary intelligent data capture to help create a new business, LIKEZERO, focused on next-generation data capture, a press...

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