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Chinese Regulators Take Over Nine FIs

Chinese Regulators Take Over Nine FIs
Chinese Regulators Take Over Nine FIs
July 17, 2020  |  International

Chinese regulators have seized control of nine financial institutions (FIs) alleging they violated rules and jeopardized the country’s financial system. Get the Full Story Complete...

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Proposed Payroll Tax Cuts Could Make Paychecks Larger
Proposed Payroll Tax Cuts Could Make Paychecks Larger
July 17, 2020  |  Economy

If the coming pandemic relief package does not come with a payroll tax cut, President Trump has indicated this week that he will not sign...

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SMB Cash Flow Gaps, Transit Payments, Disaster Loans Top This Week’s News
SMB Cash Flow Gaps, Transit Payments, Disaster Loans Top This Week’s News
July 17, 2020  |  The Weekender

It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments...

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Homebuilding Exec: Wellness Concerns Could Drive Consumers To Buy New Homes
Homebuilding Exec: Wellness Concerns Could Drive Consumers To Buy New Homes
July 17, 2020  |  Real Estate

Health is driving consumer decisioning, with the chief executive of one homebuilder noting that wellness – along with the need for more space, historically low...

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New York City Mayor De Blasio Says Phase 4 Reopening To Start Monday
New York City Mayor De Blasio Says Phase 4 Reopening To Start Monday
July 17, 2020  |  Coronavirus

New York City Mayor Bill de Blasio said the city is set to enter the last phase of reopening on Monday (July 20), Bloomberg News...

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Are Voice Ecosystems The Next Antitrust Battleground For Big Tech?
Are Voice Ecosystems The Next Antitrust Battleground For Big Tech?
July 17, 2020  |  ANTITRUST

In less than a decade, voice-activated artificial intelligence (AI) assistants like Alexa and Siri have gone from something seen in science-fiction films to mainstream consumer...

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Today In Payments: FBI Probes Twitter Hack; Wirecard Exec Admits Role In Company’s Collapse
Today In Payments: FBI Probes Twitter Hack; Wirecard Exec Admits Role In Company’s Collapse
July 17, 2020  |  News

In today’s top news, the FBI is investigating the worst security breach in Twitter’s history, and one of the jailed Wirecard executives admitted guilt to...

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Apple Opens New, Larger Store in Beijing
Apple Opens New, Larger Store in Beijing
July 17, 2020  |  Apple

Most of Apple Inc.’s 510 locations worldwide remain closed, but the global technology company has opened its latest glass palace in China, the Cupertino, California firm...

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Mnuchin: PPP 2.0 Should Target Businesses With Greatest Need
Mnuchin: PPP 2.0 Should Target Businesses With Greatest Need
July 17, 2020  |  Loans

Another phase of the Paycheck Protection Program (PPP) should be more focused and should provide loans on a “more targeted” basis to help the companies...

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