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US Household Net Worth Drops Record 6.5 Pct In Q1

US Household Net Worth Drops Record 6.5 Pct In Q1
US Household Net Worth Drops Record 6.5 Pct In Q1
June 14, 2020  |  Economy

Stimulus payments to taxpayers totaling $267 billion was not enough to avoid a decline in household net worth in the first quarter on 2020, the...

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AmEx Cleared To Process Transactions In China
AmEx Cleared To Process Transactions In China
June 14, 2020  |  Cross-border Payments

American Express has won initial approval from the People’s Bank of China (PBOC) to process the nation’s currency, the global financial services network announced in...

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The ‘Quarantini’ And Other Post-Pandemic Cocktail Innovations
The ‘Quarantini’ And Other Post-Pandemic Cocktail Innovations
June 13, 2020  |  Innovation

The COVID-19 pandemic has shut down bars and nightclubs nationwide, leaving Americans without their favorite watering holes to socialize in. But creative consumers have found ways...

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Mastercard Teams With Octet Europe For SMB Trade Technology
Mastercard Teams With Octet Europe For SMB Trade Technology
June 12, 2020  |  B2B Payments

To assist small and medium-sized businesses (SMBs) in expanding their operations, Mastercard and Octet Europe rolled out a new trade system throughout the European Economic...

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Korean Food Delivery Platform Debuts Robot Waiters
Korean Food Delivery Platform Debuts Robot Waiters
June 12, 2020  |  Innovation

If restaurants, bars and cafes come roaring back after months of being shuttered worldwide, LG Electronics could be one of the big winners. Get the...

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FinTechs Ovo, Dana Look To Unite Against Giant Gojek
FinTechs Ovo, Dana Look To Unite Against Giant Gojek
June 12, 2020  |  Partnerships

A pair of Indonesia’s FinTechs plan to merge in a bid to challenge Gojek’s GoPay, sources told Bloomberg. Get the Full Story Complete the form...

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QuickBooks Strengthens Reports, Adds Enterprise Diamond Tier
QuickBooks Strengthens Reports, Adds Enterprise Diamond Tier
June 12, 2020  |  B2B Payments

Stronger report functions for QBO Accountant and QuickBooks Online have come with a refresh of the accounting software programs in June. A new QuickBooks Desktop...

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Will Consumers Be Ready To Set Sail With The Cruise Industry Anytime Soon?
Will Consumers Be Ready To Set Sail With The Cruise Industry Anytime Soon?
June 12, 2020  |  Retail

While few industries haven’t been hit hard in some way by the global pandemic and the economic slowdown it has carried in its wake, the...

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