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Today In Payments: Klarna Valued At $10.65B After $650M Funding; JPMC Bank Reserves Could Improve

Today In Payments: Klarna Valued At $10.65B After $650M Funding; JPMC Bank Reserves Could Improve
Today In Payments: Klarna Valued At $10.65B After $650M Funding; JPMC Bank Reserves Could Improve
September 15, 2020  |  News

In today’s top news, Klarna is valued at $10.65 billion after a $650 million funding round, and J.P.Morgan could be on the road to rebuilding...

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Square Launches On Demand Payroll
Square Launches On Demand Payroll
September 15, 2020  |  Digital Payments

Square Inc. on Tuesday (Sept. 15) announced the launch of two new features the company says will make payroll easier for employers and employees alike....

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Starbucks Sweetens Rewards As Coronavirus Takes Toll On Membership Program
Starbucks Sweetens Rewards As Coronavirus Takes Toll On Membership Program
September 15, 2020  |  Loyalty & Rewards

It’s official — you no longer have to use a Starbucks card in order to earn your stars and get free lattes, expressos and other...

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Apple Concludes Barclays Tie-Up Amid Focus On Apple Card Financing Plans
Apple Concludes Barclays Tie-Up Amid Focus On Apple Card Financing Plans
September 15, 2020  |  Apple

As it aims to focus on Apple Card product financing offerings, Apple concluded its Barclays Plc card tie-up ahead of upcoming device launches. Shoppers will...

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Personal Loan Apps Ranked During Recovery
Personal Loan Apps Ranked During Recovery
September 15, 2020  |  Mobile

Cash is still in short supply for millions of Americans and small businesses living out 2020 on a mix of unemployment, side hustles and on-again/off-again...

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Square Sees Dramatic Hike In Cashless Transactions
Square Sees Dramatic Hike In Cashless Transactions
September 15, 2020  |  Digital Payments

The COVID-19 pandemic is fueling contactless payments as one financial mobile app company says without a public health crisis, it would have taken three years...

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Major German Tech Firm Backs Call For Accelerated EU Digital Currency
Major German Tech Firm Backs Call For Accelerated EU Digital Currency
September 15, 2020  |  Cryptocurrency

A major German digital security firm that is a significant player in the electronic payments sector on Tuesday (Sept. 15) has backed a call by...

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Facebook India Targets Small Businesses With $4.3M In eCommerce Grants
Facebook India Targets Small Businesses With $4.3M In eCommerce Grants
September 15, 2020  |  Facebook / Meta

Facebook will dole out millions in cash and advertising credits to small businesses across India, while also helping merchants launch online gift cards, as the...

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