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81BankingRemitly Makes Banking Easy For Immigrants With Visa Debit
Seattle global remittance startup Remitly is rolling out a new banking product created especially for immigrants, the company announced Monday (Feb. 3)....
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103Partnerships / AcquisitionsFTC Works To Stop Edgewell From Buying Shaving Upstart Harry’s
With qualms over competition in the consumer shaving market, the Federal Trade Commission (FTC) reportedly intends to bring suit to stop the...
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137DeliveryUPS Looks To Drones To Speed Up Delivery
In a move to compete with Amazon in the competitive consumer delivery space, UPS plans to use drones and other tactics to...
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232BankingNew UK Bank Will Cater To Farmers Who Need Funding
A new British bank that will launch later in 2020 is aimed at securing funding for farmers, according to a report. Oxbury,...
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250RegulationUK Watchdog Seeks Tighter Grip On US Big Tech
The U.K.’s Competition and Markets Authority (CMA) is pushing for more leeway to go after U.S. Big Tech firms in the wake...
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527SMBsGoldman, Amazon Discuss SMB Lending Partnership
Goldman Sachs and Amazon are in discussions about the possibility of partnering for small and medium-sized (SMB) business lending in the U.S.,...
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444RetailAnalyst Reduces iPhone Supply Predictions Due To The Coronavirus
With concerns that the coronavirus in China will impact the supply of iPhones, Apple analyst Ming-Chi Kuo said his company, TF international...
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674Partnerships / AcquisitionsWorldline’s $8.6B Ingenico Deal Births Fourth-Biggest Payments Titan
Two European payments behemoths — Worldline and Ingenico — are merging in an $8.6 billion deal to create the industry’s fourth-largest company...
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780RetailForever 21 Could Be Sold To Real Estate Firms, Licensing Co. For $81M
With an offer that establishes a minimum price on the assets of the bankrupt merchant, Forever 21 Inc. came to a deal...
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825Payment MethodsFCA Tells Credit Cards To Ease Up On Non-Payers
The U.K. financial watchdog the Financial Conduct Authority (FCA) is telling credit card companies to reduce fees on non-payers’ debt rather than...
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1.6KMastercardMastercard CEO Pushes Back Against National Payments Systems
Ajay Banga, the chief executive officer (CEO) of Mastercard, is adamantly against any attempts to fracture the Global Payments Systems (GPS) into...
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2.1KBitcoinBitcoin Daily: Bitcoin Hack Victims To Receive $13.8M; Bermuda Gov’t Boosts Blockchain Adoption
Denis Pitcher, chief FinTech advisor to the Premier of Bermuda, told CoinDesk on Sunday (Feb. 2) that he is planning to introduce...
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1.2KPersonnelTrulioo Taps Amex Exec, ID Vet As Board Member
Global identity verification provider Trulioo has tapped American Express (AmEx) executive Lisa Stanton to join its board of directors, Trulioo announced on...
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996InternationalPBOC Pumps $173B Into Chinese Economy To Combat Virus Impact
The Chinese government braced for additional economic turmoil, took steps to bolster its lagging economy and activated new safety measures as the...
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1.4KInternationalUber Bans 240 Mexican Passengers As Coronavirus Precaution
Approximately 240 Uber users in Mexico can’t use the service now, their accounts suspended by the parent company after concerns over the...
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1.1KPersonnelWeWork Gets New CEO
WeWork, a shared workspace and real estate company, named industry veteran Sandeep Manthrani as its new chief executive officer, according a report...
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1.2KCryptocurrencyJapan’s Line Social Network Approved To Trade Cryptocurrency
Japanese social media network Line can begin trading its own digital currency among its 700 million users beginning in April 2020. Available...
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1.0KSecurity & FraudFCC To Crack Down On Sharing Of Mobile Users’ Location Data
Wireless networks that sold their customers’ real-time location data violated U.S. law, Federal Communications Commission (FCC) Chairman Ajit Pai wrote in a...
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1.3KSecurity & FraudBOJ: 40 Pct Of Japan’s Financial Firms Victims Of Cyber Attacks
Ahead of hosting the 2020 Olympics in Tokyo this summer in July and August, Japan’s financial institutions have been cautioned to be...
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1.0KAppleApple To Temporarily Shutter All China Stores
The spread of the coronavirus has prompted Apple to shutter its corporate offices and 42 retail stores in mainland China through Feb....
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1.4KDelivery‘Ghost Kitchens’ Set Up Shop In Malls
Property builders are constructing kitchens in empty malls to help fill food-delivery orders, a new strategy to service the flourishing business segment...
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2.2KInternationalIndia’s Gaana Streaming Service Far Surpasses Apple, Spotify
India has access to the well-known music streaming sites Spotify and Apple Music, but it’s the country’s homegrown Gaana that is getting...
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2.6KInvestmentsModa Operandi Raises $100M To Invest In Upscale Fashion Marketplace
Online fashion marketplace Moda Operandi announced a $1 million funding boost that it will use to invest in its technology and bolster...
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1.8KInvestmentsPolicygenius Notches $100M For InsurTech Growth
As it aims to invest in adding products and hiring more staff, InsurTech firm Policygenius notched $100 million from investors, with the inclusion of...
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2.2KRetailCasper IPO Could Mean Reduced Value For Prior Investors
Target’s venture investment in mattress company Casper could prove to be a case of overspending for the retail giant. Casper pitches itself...
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2.0KPartnerships / AcquisitionsTakeaway Says Just Eat Takeover Is Done Deal
While the two firms still need the go-ahead from a competition authority before they combine operations, Netherlands-based online food ordering company Takeaway.com made it...
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1.8KRetailMacy’s To Open New Store Format With Beauty Focus
Macy’s is planning to test a new kind of store with a focus on apothecary and beauty products, which could lead to...
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2.5KMarketsCashless Growth Pushes Visa, Mastercard Stock Up 50 Pct. In Past Year
Analysts believe that both Visa and Mastercard have potential to join tech giants like Apple and Amazon in the $1 trillion value...
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2.6KSecurity & FraudeSkimming Malware Attacks On The Rise
With the popularity of eCommerce, a cyberattack called eSkimming has become more of a frequent occurrence. Skimmers had long been a risk...
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1.4KAmazonLogistics Investment Sends Amazon Back Into $1T Range
Amazon’s investments in logistics have paid off; it’s back in the $1 trillion stock value arena after the company’s results exceeded industry...
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1.6KBank RegulationDanske’s Money Laundering Fine Could Be Lower Than Expected In US
A fine for embattled banking institution Danske Bank could be much lower lower than expected in the U.S. because the institution does...
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1.5KRetailEA Video Game Publisher To Focus On Subscriptions, Services In 2020
As next-generation gaming consoles are set to come to market, Electronic Arts will have a narrow release lineup in 2020, after the...
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1.5KRetailOla Plans London Rollout In February As It Takes On Uber
As it broadens its competition with Uber, Ola plans to official start operations in London in February after establishing its office in the city in...
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1.1KPersonnelIBM Chief To Exit Role After Sluggish Growth
IBM CEO Ginni Rometty is stepping down after an eight-year tenure in which the tech giant struggled to grow at the same...
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1.4KSubscription CommerceFlush With $4.5M Funding, Haus Launches Membership Program
Haus, an eCommerce startup that creates, bottles and ships apéritifs directly to consumers, announced a $4.5 million seed round and launched a...
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2.8KCFPBCFPB Sues Citizens Bank For Violating Truth In Lending Act
The Consumer Financial Protection Bureau (CFPB) filed a lawsuit on Thursday (Jan. 30) against Citizens Bank over alleged violations of the Truth...
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3.2KInternationalLevi’s, Mondelēz Face China Shutdowns In Coronavirus Crisis
The coronavirus is forcing global businesses of all categories to scale back, close locations or even shut down for a while, according...
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2.8KBitcoinBitcoin Daily: Zap’s Lightning Wallet Targets ‘Normies’; Not Guilty Plea For Ethereum Dev Griffith; Ex-Coinbase COO Now At Figure
Zap CEO Jack Mallers told Coindesk on Thursday (Jan. 30) his latest lightning wallet upgrade is a U.S. dollar clearing system that...
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1.4KDeliveryThe Bouqs Secure $30M For Floral Delivery In Japan
The Venice Beach, California startup The Bouqs is expanding its flower delivery business to Japan with a $30 million strategic growth round...
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3.8KPayment MethodsCBA Invests $200M In Klarna For Australian Rollout
The Commonwealth Bank of Australia (CBA) has invested $200 million in the Swedish FinTech unicorn Klarna, the buy now, pay later service...
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2.7KEarningsFacebook CFO Hints At WhatsApp Payments Expansion Beyond India
Facebook recently released its quarterly earnings report for the period ending on Dec. 31. During the earnings call, the company touched on...
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2.3KDeliverySoftBank Asked Uber And DoorDash To Discuss Merger
The Financial Times is reporting that food delivery companies Uber and DoorDash met to talk about a potential merger about six months...
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4.1KInvestmentsFarfetch Raises $250M To Grow Luxury Fashion Platform
Farfetch, a luxury technology platform, has raised $250 million from Tencent and Dragoneer through the sale of convertible senior notes, according to...
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4.0KCryptocurrencyJapan’s Central Bank Says Digital Currency Demand Could Soar
Although the Bank of Japan has no immediate time frame to issue digital currencies, the central bank’s deputy governor said it should...
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3.4KSecurity & FraudBreach Exposes Personal Data Of 1.2M SpiceJet Passengers In India
A breach of India’s SpiceJet, one of the country’s biggest independent airlines, exposed the data of more than a million passengers, per...
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1.3KRetailAmazon One-Day Shipping Investments Could Impact Profits
As investors monitor the impact of Amazon’s one-day delivery investments on profit, the eCommerce retailer is set to report its Q4 earnings....
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1.2KRetailFabletics Backs Brick-and-Mortar Growth With OmniSuite Platform
To create a frictionless commerce experience across channels, Fabletics, which was co-founded by Kate Hudson, is bolstering its physical presence with the...
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1.4KRetailKFC To Offer Meatless Fried Chicken At Select Locations
Fried chicken fast-food restaurant KFC is partnering with Beyond Meat to bring meatless fried chicken to stores in Tennessee and North Carolina,...
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1.3KIntelligence of ThingsCalifornia Lets Aurora Operate Driverless Cars
Self-driving vehicle company Aurora has been approved by California regulators to allow passengers rides in its fleet of driverless vehicles, according to...
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1.0KEuropeConsumer Morale Up In Major European Economies
Data indicate that the three biggest economies in the eurozone, France, Germany, and Italy, all report higher-than-expected consumer morale as shoppers continue...
