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Starbucks Names Ex-PepsiCo Exec Laxman Narasimhan as CEO
Starbucks Names Ex-PepsiCo Exec Laxman Narasimhan as CEO
September 01, 2022  |  Personnel

Starbucks’ new CEO will be consumer products executive Laxman Narasimhan, previously CEO of the maker of Lysol, The Wall Street Journal (WSJ) wrote. Get the...

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Shopify Pressures Merchants to Ditch Buy With Prime
Shopify Pressures Merchants to Ditch Buy With Prime
September 01, 2022  |  eCommerce

Shopify does not want its merchants utilizing Amazon’s Buy with Prime, warning that installing it will cut out Shopify’s ability to protect against fraud. Get...

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India Backs Recurring ePayments on Utility Bill Platform
India Backs Recurring ePayments on Utility Bill Platform
September 01, 2022  |  Digital Payments

The Indian government will support free electronic transactions under Bharat Bill Pay Systems (BBPS), and could end up cracking down on companies charging fees, Economic...

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EU Lawmaker Says MiCA Crypto Law Could Be Ready in October
EU Lawmaker Says MiCA Crypto Law Could Be Ready in October
September 01, 2022  |  Cryptocurrency

The text for the EU’s Markets in Crypto Assets (MiCA) could be ready in the next six weeks, according to lawmaker Stefan Berger on Thursday...

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Fraud Prevention FinTech Alloy Nets $52M on $1.55B Valuation
Fraud Prevention FinTech Alloy Nets $52M on $1.55B Valuation
September 01, 2022  |  Regulation

Alloy, which works on helping banks and FinTechs with identity decisioning and threat selections with API service and SaaS, has a $1.55 billion valuation now...

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Today in Crypto: Crypto.com Scraps $495M European Soccer League Sponsorship; Coinbase Investigates Network Payment Delays
Today in Crypto: Crypto.com Scraps $495M European Soccer League Sponsorship; Coinbase Investigates Network Payment Delays
September 01, 2022  |  Cryptocurrency

Ethereum-based asset management protocol Babylon Finance will close completely in November as it did not recover from the $80 million exploit on Rari Capital in...

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ACI Worldwide Completes $100M Sale of Online Banking Unit
ACI Worldwide Completes $100M Sale of Online Banking Unit
September 01, 2022  |  Acquisitions

Real-time payment software company ACI Worldwide has officially sold its corporate online banking solutions to venture capital firm One Equity Partners for $100 million, a...

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Mars Teams With Instacart to Offer Same-Day Delivery
Mars Teams With Instacart to Offer Same-Day Delivery
September 01, 2022  |  Delivery

Mars, which makes a wide variety of products, has said its portfolio will be available for same-day delivery through Instacart, a press release said. Get...

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Balance Money Debuts Digital Banking Service
Balance Money Debuts Digital Banking Service
September 01, 2022  |  Digital Banking

Balance Money has rolled out a digital banking service, to help offer financial insights geared to younger customers, a press release said Thursday (Sept. 1)....

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