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Alibaba Consortium Acquires 5.5 Pct Stake In Masan Group’s The CrownX
Alibaba Consortium Acquires 5.5 Pct Stake In Masan Group’s The CrownX
May 18, 2021  |  Partnerships / Acquisitions

A consortium led by China’s Alibaba and Baring Private Equity Asia has acquired a 5.5 percent stake in Vietnam’s Masan Group’s consumer-retail platform The CrownX...

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Stellantis, Foxconn, Join Forces On Connected Car Tech
Stellantis, Foxconn, Join Forces On Connected Car Tech
May 18, 2021  |  Commerce Connected

Automaker Stellantis has joined forces with Foxconn, the Taiwanese company that manufactures iPhones, to create in-car and connected-car technologies for the car industry. Get the...

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JPMorgan CEO Hopefuls To Run Its Consumer Banking Arm
JPMorgan CEO Hopefuls To Run Its Consumer Banking Arm
May 18, 2021  |  Personnel

A pair of J.P. Morgan Chase executives who are in contention to replace CEO Jamie Dimon have taken over running its consumer banking operation. Get...

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Turkey Issues Vaccine ID Cards For International Travel
Turkey Issues Vaccine ID Cards For International Travel
May 18, 2021  |  Coronavirus

Turkey has introduced a COVID-19 vaccine ID card for its citizens. It is available through an online app that keeps track of COVID-19 contacts. Get the...

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HSBC Rolls Out Multicurrency Digital Wallet To Streamline Global Payments
HSBC Rolls Out Multicurrency Digital Wallet To Streamline Global Payments
May 18, 2021  |  B2B Payments

London-based HSBC is banking that there’s a big interest among small to medium-sized businesses (SMBs) in a multicurrency digital wallet. The company said that its...

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Malaysia’s GHL Teams With Singapore’s Grab To Offer PayLater
Malaysia’s GHL Teams With Singapore’s Grab To Offer PayLater
May 18, 2021  |  Buy Now Pay Later

Malaysia’s GHL Systems Berhad is collaborating with Singapore’s Grab to offer its PayLater payment tool for online merchants using the eGHL Payment Gateway, The Edge Markets reported on Tuesday...

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Ally Now Provides Financing On Sezzle’s Platform
Ally Now Provides Financing On Sezzle’s Platform
May 18, 2021  |  Retail

Ally Bank’s personal lending division, Ally Lending, has brought its financing services to retail payments platform Sezzle, according to a Tuesday (May 18) announcement. Get...

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Zolve, i2c Aim To Remove Financial Barriers For Immigrants
Zolve, i2c Aim To Remove Financial Barriers For Immigrants
May 18, 2021  |  Financial Inclusion

The digital payments and banking technology firm i2c announced on Tuesday (May 18) that it has formed a partnership with the FinTech Zolve, which provides...

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The Home Depot’s Comp Sales Surge Amid Rise In Home Improvement Projects
The Home Depot’s Comp Sales Surge Amid Rise In Home Improvement Projects
May 18, 2021  |  Retail

The Home Depot reported that comparable sales for the first quarter of fiscal 2021 surged by 31 percent and comparable sales in the U.S. jumped...

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