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NewsToday In Payments: Walmart Takes Aim At Amazon Prime With Subscriptions; Great Hill Partners Acquires One Inc.
In today’s top news, Walmart is working on a new paid subscription program to compete with Amazon Prime, and Great Hill Partners...
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NewsToday In Payments: US Firms In China Could Miss Projections By 50 Pct; Square Cash App Users Grow 60 Pct YOY
In today’s top payments news, U.S. companies in China warned annual revenue might be off by almost 50 percent due to the...
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NewsToday In Payments: Coronavirus Decimates US Stock Market; Ex-Microsoft Engineer Guilty Of 18 Felonies
In today’s top news, the stock market takes its biggest hit since 2015 due to mounting fears over the coronavirus, and an...
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NewsToday In Payments: Amazon Widens Presence With Cashierless Grocery Stores; Revolut Raises $500M
In today’s top payments news, Amazon opened its first cashierless grocery store, Revolut raised $500 million and aims to reach profitability by...
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NewsToday In Payments: Intuit To Buy Credit Karma; JPMorgan To Open UK Digital Bank
In today’s top news, TurboTax creator Intuit is reportedly buying Credit Karma, and JPMorgan Chase is looking to open a digital bank...
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NewsToday In Payments: Mastercard To Join China’s $27T Payments Market; Uber, Postmates Lose Bid To Halt Gig Worker Law
In today’s top payments news, Mastercard was approved for a bank card clearing business in China, and a judge rejected Uber and Postmates’...
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NewsTop News In Payments: Central Bank Coin Currency At Least A Decade Away; US Economy Could Lose $10B To Chinese Travel Ban
In today’s top payments news, former Bank of France Governor Christian Noyer said a centralized, global eCurrency is still at least a...
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NewsTop News In Payments: Tougher Criteria For 2020 Business Loans; Wordline To Buy Ingenico
In today’s top news, U.S. banks are expected to tighten standards for 2020 business loans, Wordline is buying rival payments firm Ingenico,...
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NewsTop News In Payments: Visa Logs 700M Direct Transactions; CFPB Sues Citizens Bank
In today’s top news, Visa reported positive first-quarter earnings, totaling 700 million Visa Direct transactions, and CFPB sued Citizens Bank for violating...
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NewsTop News In Payments: Facebook Expenses Rise 51 Pct; Goldman Targets $125B In Consumer Deposits
In today’s top news, Facebook reports a 51 percent increase in expenses for 2019 in its Q4 earnings release, Goldman focuses on...
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NewsTop News In Payments: Shady Bitcoin Transactions Hit All-Time High; US Airlines Halt China Flights
In today’s top payments news, illegal activity involving cryptocurrency is at a record high, U.S. airlines are cancelling all flights to and...
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NewsTop News in Payments: UK FCA Asks Banks To Explain High Overdraft Fees; Yandex Launches 15-Minute Grocery Delivery
In today’s top payments news, the U.K.’s Financial Conduct Authority (FCA) is questioning banks about a recent spike in overdraft fees, Yandex...
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NewsTop News In Payments: Grubhub CEO Open To Deals; Chinese Consumers Shut Wallets In Face Of Coronavirus
In today’s top payments news, Grubhub’s CEO says he is open to a merger, although no offers have been made yet, and...
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NewsTop News In Payments: TCH Increases RTP Threshold; Verizon Teams With Synchrony For Card
In today’s top news, The Clearing House (TCH) is increasing the value limit for general transactions on the TCH-operated real-time payments (RTP) network,...
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NewsTop News In Payments: China Posts Worst Slowdown In Nearly Three Decades; Alphabet Market Cap Hits $1T
In today’s top news, China’s economy grew by its slowest rate since 1990, Alphabet reached $1 trillion market value, and attempted check...
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NewsTop News In Payments: Apple Buys AI Firm For $200M; $500M Debt Rescue Plan Considered For Taxi Drivers
In today’s top payments news, Apple buys artificial intelligence (AI) firm Xnor for $200 million, a panel in New York City is...
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NewsTop News In Payments: Amazon Invests $1B In India SMBs; Wells Sees Card Spending Growth
In today’s top payments news, Amazon plans to invest $1 billion in small and medium-sized businesses in India. Plus, in fourth quarter...
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NewsTop News In Payments: China Finalizing Laws For Digital-Only Banking; Mastercard Names New President Of Data And Services
In today’s top payments news, China is finalizing its rules for online-only banks, Mastercard names Raj Seshadri as its new president of...
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NewsTop News In Payments: Wells Fargo Growth Hampered By Tech Failures; Goldman Launches Mobile App For Marcus
In today’s top payments news, Wells Fargo is trying to revamp its approach to technology to appease regulators, and Goldman Sachs finally...
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NewsTop News In Payments: Grubhub Denies Sale Rumors; PayU Acquires India FinTech PaySense
In today’s top news, Grubhub denies claims that it is considering an acquisition, triggering a 6.7 percent drop in share prices, and...
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NewsTop News in Payments: Uber Halts Upfront Pricing in CA; Amex Cleared To Operate In China
In today’s top news, Uber drops upfront pricing in California in response to the state’s new gig economy law, and the central...
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NewsTop News in Payments: Citigroup Names New Retail Banking Leader; NY Lawmakers Push For Public eBanking System
In today’s top news, CitiGroup named David Chubak to head its retail banking division, lawmakers in New York proposed a public eBanking...
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NewsTop News In Payments: US Backers Rain Money On Savvy Startups; Toyota Designs Japanese Smart City
In today’s top news, 2019 is on track to be the second-best year after 2011 for startups worth over $500 million, Toyota...
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NewsTop News In Payments: Chinese Tech Sector Faces Capital Crunch; US Prepares For Potential Iranian Cyberattack
In today’s top news, China is facing a “capital winter” of venture funding slowdown, the U.S. prepares for a potential Iranian cyberattack,...
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NewsTop News In Payments: Antitrust Probe For Google Shopping Comparison Tool; Visa Warns Of Rise in Gas Station POS Cyberattacks
In today’s top news in payments, the U.S. Department of Justice is expanding its antitrust probe to include Google’s online shopping comparison...
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NewsTop News in Payments: FTC Considers Blocking Facebook App Integration; Bill.com Shares Spike 60 Pct On NYSE Debut
In today’s top news in payments, officials at the Federal Trade Commission are considering blocking Facebook’s app integration, and Delta announces plans...
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NewsTop News in Payments: Mastercard Pilots Digital ID Verification Program; PayPal’s Bill Ready to Join Google
In today’s top news in payments, Mastercard announces the launch of a new digital identification program that can instantly authenticate someone’s identity,...
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NewsTop News In Payments: ECB To Discuss Central Bank Crypto; Token Launches M10 Networks For ‘Bank-Grade’ Digital Money Rail
In today’s top news, policymakers at the European Central Bank (ECB) will meet to discuss the pros and cons of launching their...
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NewsTop News In Payments: Bleak Outlook For Department Stores; SoftBank Parts With Startup Wag
In today’s top payments news, Moody’s predicts department stores will be “among the worst performers of retail” in 2020. Also, SoftBank sells...
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NewsTop News In Payments: Visa To Begin New Certification Program; Circle Co-Founder To Depart Firm
In today’s top news in payments, Visa has announced it’s going to begin a new certification program in dispute resolution, as well...
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NewsTop News In Payments: ECB Has Mulled Public Digital Currency; Grab Debuts Numberless Card In Batches
In today’s top news, the European Central Bank (ECB) has mulled using a public cryptocurrency if international payments inside of Europe stayed...
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NewsTop News In Payments: CFPB Seeks Remittance Exemptions For Small Banks; Regulators Support Traditional Credit Evaluation Alternatives
In today’s payments news, the Consumer Financial Protection Bureau (CFPB) has proposed to boost the number of smaller banks and credit unions (CUs) that...
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NewsTop News In Payments: Wells Fargo Appoints COO; Visa Names New Partners To Help FinTechs
In today’s top payments news, Wells Fargo has selected former Santander head executive Scott Powell to be its new chief operating officer. Also, Visa is working...
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NewsTop News In Payments: Millennials Spend Big On Black Friday; Goldman Investor Day To Focus On Growth Strategy
In today’s top payments news, millennials — as well as bridge millennials — were big Black Friday spenders this year. Also, Goldman...
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NewsTop News In Payments: Bank Closings Hit Rural Areas; Kaspersky Highlights Rise Of Fake Notifications
In today’s top payments news, more than half of the 3,114 counties in the United States lost bank branches from 2012 to...
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NewsTop News In Payments: Paytm Secures $1B In New Funding; Olo Pilots BMW In-Car Ordering
In today’s top payments news, India’s mobile payments startup Paytm said on Monday (Nov. 25) that it secured $1 billion in new...
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NewsTop News In Payments: The Fed Takes A Closer Look At Big Tech; Goldman CEO Denies Apple Card Credit Bias Claims
In today’s top payments news, ongoing security concerns have caused the Federal Reserve to take a closer look at the Big Tech...
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NewsTop News In Payments: BB&T, SunTrust Receive Approval For Merger; Wells Fargo Rolls Out RTP Integration
In today’s top payments news, SunTrust and BB&T have announced that they have received the regulatory green light to finish their merger to...
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NewsTop News In Payments: Amex Offers Sign-On Bonuses; Didi Looks To Bring Robo-Taxis To Shanghai
In today’s top payments news, American Express is reportedly offering large cash incentives to companies to boost acceptance. Also, Chinese ride-hailing leader...
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NewsTop News In Payments: Elavon To Buy UK Gateway Sage Pay; Germany To Make Digital Payment Providers Open Systems To Rivals
In today’s top payments news, U.S. Bancorp subsidiary Elavon is acquiring U.K. payments gateway Sage Pay for $300 million. Also, Apple criticized the vote of German...
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NewsTop News In Payments: Adyen Adds Card Issuing By Merchant Demand; Amazon Echo Smart Speakers Outselling Google Home
In today’s top payments news, Walmart CEO Doug McMillon said eCommerce isn’t quite where it needs to be revenue-wise, but that it...
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NewsTop Payments News: DoorDash Bolsters Its Treasure Chest; Policymakers Target Big Tech Over Data; Feds Probe Debit Card Practices
In today’s top news, DoorDash keeps growing and Visa and Mastercard face big questions over their debit card programs. And investors seek...
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NewsTop News In Payments: Europe’s Version Of Libra Makes Headway; Amazon Faces Legal Backlash On Logistics
In today’s top payments news, a potential competitor to Facebook’s Libra cryptocurrency is making progress, and one of the year’s biggest eCommerce...
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NewsTop News In Payments: Wells Fargo Appoints Public Affairs Exec; CloudKitchen Gets $400M Investment
In today’s top payments news, Wells Fargo has appointed William M. Daley, a former White House official, to the position of vice chairman of...
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NewsTop News In Payments: FreshBooks Unveils Same-Day Deposits; Amazon Australia Teams With Zip Co
In today’s top payments news, FreshBooks has integrated with JPMorgan Chase’s WePay to provide small businesses with same-day as well as next-day deposits. Also, Amazon Australia is...
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NewsTop News In Payments: SoftBank Reports $6.5B Loss; FIS Sees Strong Merchant Sales In Q3
In today’s top payments news, Japan’s SoftBank reported a $6.5 billion loss on Wednesday (Nov. 6) with its first quarterly drop-off in...
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NewsTop News In Payments: Flywire Names President, COO; Uber Beats Q3 Estimates
In today’s top payments news, Flywire appointed Rob Orgel to the newly created position of president and chief operating officer. Also, Uber’s...
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NewsTop News In Payments: Santander Acquires Ebury Stake, Goldman Sachs Extends $10B In Apple Card Credit
In today’s top payments news, Banco Santander is acquiring just over 50 percent of the U.K. payments platform Ebury for $453 million. Also, Goldman...
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NewsTop News In Payments: Lyft’s Revenue Rises In Q3; Apple Embraces Installment Payments
In today’s top payment news, Lyft announced third-quarter earnings results that illustrated a rise in ridership and revenue. Also, Apple will be embracing paying for Apple...
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NewsTop News In Payments: Uber, Lyft, DoorDash Back Initiative To Fight Gig Worker Law; Adobe Predicts Holiday Sales To Reach $143.7B
In today’s payments news, Uber, Lyft and DoorDash are backing a ballot initiative to exempt themselves from California’s landmark law that re-classifies gig workers as employees. Also, a study by Adobe Analytics found...
