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More Cash Payments Would Speed Up Recovery, Economists Say

More Cash Payments Would Speed Up Recovery, Economists Say
More Cash Payments Would Speed Up Recovery, Economists Say
July 07, 2020  |  Economy

An open letter signed by more than 150 economists in concert with two public policy groups asks the government to provide more cash for individuals...

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Walmart To Challenge Amazon Prime With Subscription Membership
Walmart To Challenge Amazon Prime With Subscription Membership
July 07, 2020  |  Retail

Walmart will be launching a new subscription service, Walmart+, this July, to compete with Amazon Prime, as reported by Vox. Get the Full Story Complete...

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Verishop Introduces Social eCommerce App
Verishop Introduces Social eCommerce App
July 07, 2020  |  eCommerce

To allow users to purchase attire from their news feeds, Verishop Inc. introduced a new social eCommerce app. The offering brings together the functions of...

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Pandemic Scammers Robbed US Consumers Of More Than $77M
Pandemic Scammers Robbed US Consumers Of More Than $77M
July 07, 2020  |  Security & Fraud

Americans have lost more than $77 million in COVID-19 fraud since the start of the year, according to the Federal Trade Commission (FTC). Get the Full...

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PPP Loans Could Be Boon For Banks In Processing Fees
PPP Loans Could Be Boon For Banks In Processing Fees
July 07, 2020  |  Banking

Banks arranging government loans intended for businesses hurt by the pandemic could reap as much as $24 billion in associated fees, The Wall Street Journal...

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InstaReM Rolls Out BizPay In Australia For SMB Payments
InstaReM Rolls Out BizPay In Australia For SMB Payments
July 07, 2020  |  B2B Payments

To help small and medium-sized businesses (SMBs) bolster their cashflow, Nium’s InstaReM brand has rolled out BizPay in Australia. BizPay, which was introduced in Singapore...

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Wirecard Administrator Sees Strong Interest From Potential Buyers
Wirecard Administrator Sees Strong Interest From Potential Buyers
July 07, 2020  |  Security & Fraud

The court-appointed administrator guiding Wirecard AG’s insolvency said dozens of investors have emerged to buy what’s left of the Munich-based payments company, Reuters reported. Get...

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Digital Innovation Is Fueling The Reemergence Of Business
Digital Innovation Is Fueling The Reemergence Of Business
July 07, 2020  |  Payments Innovation

“The digital economy is here, and those payment providers that are global, digital and fully resilient will lead the reemergence.”  Get the Full Story Complete...

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Today In Payments: Atlanta Fed Warns Outbreaks Could Stall Recovery; Big Tech CEOs To Testify In Antitrust Probe
Today In Payments: Atlanta Fed Warns Outbreaks Could Stall Recovery; Big Tech CEOs To Testify...
July 07, 2020  |  News

In today’s top news, a Federal Reserve official warns the surge in coronavirus cases could dampen economic recovery, and the CEOs of the four biggest...

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