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FamilyMart Unveils Cashless App; Victoria Taps Into Mobile Transit Payments
FamilyMart Unveils Cashless App; Victoria Taps Into Mobile Transit Payments
March 25, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the acceptance of smartphone payments for transportation in Australia. Finserve...

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Stay On CFPB Payday Lending Rule Upheld
Stay On CFPB Payday Lending Rule Upheld
March 25, 2019  |  Regulation

A federal judge late last week ordered a stay on the August 2019 compliance date tied to the “payday lending rule” mandated roughly two years...

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Apple Debuts Apple Card, A Virtual (And Physical) Credit Card
Apple Debuts Apple Card, A Virtual (And Physical) Credit Card
March 25, 2019  |  Payment Methods

And so a tech giant gets into the credit card game. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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WEX Buys EG Group Fuel Card Biz
WEX Buys EG Group Fuel Card Biz
March 25, 2019  |  B2B Payments

After posting better-than-expected fourth-quarter earnings results, commercial payments firm WEX announced plans to acquire the fuel card assets of EG Group, Go Fuel Card. Get...

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Social Commerce Startup Yunji Raises $200M Via IPO
Social Commerce Startup Yunji Raises $200M Via IPO
March 25, 2019  |  IPO

Yunji, the Chinese eCommerce company that has a link to WeChat, the popular China-based messaging app, is raising as much as $200 million via a...

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InfinityAR Is Being Acquired By Alibaba’s Israel Machine Vision Laboratory
InfinityAR Is Being Acquired By Alibaba’s Israel Machine Vision Laboratory
March 25, 2019  |  Partnerships / Acquisitions

InfinityAR, the Israeli mixed reality platform company, announced Monday (March 25) that it’s being acquired by Alibaba’s Israel Machine Vision Laboratory. Get the Full Story...

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Lyft Posts $911M In 2018 Losses
Lyft Posts $911M In 2018 Losses
March 25, 2019  |  IPO

Lyft, the ride-hailing startup that’s going public via an initial public offering later this week, is shaping up to have lodged the most losses in...

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Venmo Pursues Customers With Negative Balances
Venmo Pursues Customers With Negative Balances
March 25, 2019  |  Payment Methods

Venmo, the digital money transfer company owned by PayPal, is going after consumers who have a negative balance in their accounts. According to a report in...

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As Biometrics Advances, Laws And Regulations Try To Catch Up
As Biometrics Advances, Laws And Regulations Try To Catch Up
March 25, 2019  |  Legal

Biometrics are increasingly being relied upon to secure payments and commerce while making transactions more seamless for consumers, a trend that seems all but certain...

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