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Wix Partners With Vyne on A2A Payments for UK Merchants
Wix Partners With Vyne on A2A Payments for UK Merchants
August 18, 2022  |  Digital Payments

U.K.-based open banking payments platform Vyne announced Thursday (Aug. 18) that it has partnered with Wix, a Software-as-a-Service (SaaS) content management system. Get the Full...

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VertoFX Acquires Indian Innovation Studio Locusnine
VertoFX Acquires Indian Innovation Studio Locusnine
August 18, 2022  |  Acquisitions

VertoFX, a London-based foreign exchange (FX) platform and cross-border payments solution, has acquired Indian software developer and engineering innovation studio Locusnine. Get the Full Story...

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Estée Lauder Will Pursue Omnichannel Opportunities Amid Volatility
Estée Lauder Will Pursue Omnichannel Opportunities Amid Volatility
August 18, 2022  |  Retail

Cosmetics maker Estée Lauder says it is focused on both brick-and-mortar and online sales opportunities as it deals with the fallout from pandemic lockdowns in...

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Investor Ryan Cohen Selling 10% Stake in Bed Bath & Beyond
Investor Ryan Cohen Selling 10% Stake in Bed Bath & Beyond
August 18, 2022  |  Retail

GameStop chairman Ryan Cohen plans to sell his 10% stake in retailer Bed Bath & Beyond, the activist investor said this week in an SEC...

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Ripple, Brazil’s Travelex Bank Add Crypto-Based X-Border Payments
Ripple, Brazil’s Travelex Bank Add Crypto-Based X-Border Payments
August 18, 2022  |  Cryptocurrency

Aiming to use cryptocurrency to enable cheaper, faster cross-border payments, enterprise blockchain and crypto solution provider Ripple has teamed up with Travelex Bank to launch...

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Bath & Body Works Cuts 130 Jobs Amid Slight Sales Drop
Bath & Body Works Cuts 130 Jobs Amid Slight Sales Drop
August 18, 2022  |  Retail

Bath & Body Works will cut 130 jobs — mostly leadership roles — in what the personal care and fragrance brand called an effort to...

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Gravity Payments Boss Who Cut His Pay for Employees Resigns
Gravity Payments Boss Who Cut His Pay for Employees Resigns
August 18, 2022  |  Personnel

A payments company CEO and founder who made international headlines for reducing his own salary to boost every employee to a minimum annual of $70,000...

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Report: Walmart May Boost Use of Influencers to Promote Products
Report: Walmart May Boost Use of Influencers to Promote Products
August 18, 2022  |  Retail

Walmart may be looking at increasing its use of social media influencers to promote its own products and those of its third-party sellers, having filed...

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Coach Owner Tapestry Says 30% of Sales Now Digital
Coach Owner Tapestry Says 30% of Sales Now Digital
August 18, 2022  |  Retail

This year’s high inflation hasn’t stopped Americans from wanting to splurge on luxury goods from brands like Coach and Kate Spade. Get the Full Story...

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