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Lawmakers Ask FTC To Examine Instacart, Delivery Platforms Tipping Protocols

Lawmakers Ask FTC To Examine Instacart, Delivery Platforms Tipping Protocols
Lawmakers Ask FTC To Examine Instacart, Delivery Platforms Tipping Protocols
May 29, 2020  |  Delivery

After reports that eCommerce delivery platforms are allowing consumers to “tip bait,” four U.S. senators are asking the Federal Trade Commission (FTC) to look at...

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Democrats Skeptical Of Second Round Of Stimulus Checks
Democrats Skeptical Of Second Round Of Stimulus Checks
May 29, 2020  |  Coronavirus

House Democrats who had hoped to provide Americans with a second $1,200 stimulus check are facing opposition from members of their own party in the...

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Today In Payments: Mastercard Introduces Recovery Insights Tools; Starling Notches $49M In Funding
Today In Payments: Mastercard Introduces Recovery Insights Tools; Starling Notches $49M In Funding
May 29, 2020  |  News

In today’s top news, Mastercard introduces Recovery Insights tools, Google is mulling a purchase of a share of Vodafone India, and British digital bank Starling...

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SBA Data Shows $20B+ Of PPP Loans Have Been Canceled
SBA Data Shows $20B+ Of PPP Loans Have Been Canceled
May 29, 2020  |  Loans

A minimum of $20 billion in Paycheck Protection Program (PPP) loans have been canceled — many by small businesses afraid they can’t spend the money...

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Sweden’s Economy Grew In Q1 In Absence Of Lockdown
Sweden’s Economy Grew In Q1 In Absence Of Lockdown
May 29, 2020  |  International

Sweden is winning the race among European nations to restore the economy from the coronavirus pandemic, according to data published on Friday (May 29), CNBC...

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The Walmart Amazon Whole Paycheck Tracker: Retail Giants Eye Key Acquisitions And Expansions
The Walmart Amazon Whole Paycheck Tracker: Retail Giants Eye Key Acquisitions And Expansions
May 29, 2020  |  Walmart Amazon whole paycheck

Both Walmart and Amazon made some big add-ons and/or acquisitions this week as they attempt to widen their sphere of retail influence in a post-pandemic...

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The Week In Payments: How Businesses Can Navigate The Road To Recovery
The Week In Payments: How Businesses Can Navigate The Road To Recovery
May 29, 2020  |  News

Most every state in the U.S. this week is starting to walk the road to recovery. Mandatory stay-at-home orders are easing and businesses are beginning to reopen, albeit...

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How Disney Is Remaking The Magic Kingdom For Social Distancing
How Disney Is Remaking The Magic Kingdom For Social Distancing
May 29, 2020  |  Retail

After officially shutting its doors in mid-March and furloughing staff, Disney World is planning its comeback. The park has officially scheduled a grand reopening for July....

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U.S. Savings Rate Hits Record-High 33 Pct, But Spending Falls A Record 13.6 Pct
U.S. Savings Rate Hits Record-High 33 Pct, But Spending Falls A Record 13.6 Pct
May 29, 2020  |  Economy

The consumer savings rate hit a historic 33 percent in April, as Americans hunkered down amid COVID-19, the U.S. Bureau of Economic Analysis (BEA) announced Friday...

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