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State Farm Enlists Fiserv For Faster Claims Payouts
State Farm Enlists Fiserv For Faster Claims Payouts
May 11, 2021  |  Faster Payments

Insurance giant State Farm is working with the payments fintech Fiserv Inc. to give customers faster payouts for car and fire claims. The company announced...

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TikTok Testing The In-App Commerce Waters
TikTok Testing The In-App Commerce Waters
May 11, 2021  |  Social Commerce

TikTok has begun working with merchants in Europe to test in-app sales, a move that will likely heighten its rivalry with Facebook. Get the Full...

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Historic Unemployment Numbers Collide With Record Demand For Workers
Historic Unemployment Numbers Collide With Record Demand For Workers
May 11, 2021  |  Economy

While U.S. President Joe Biden has continued advocating for the necessity of boosted jobless benefits, employers say they are having trouble getting workers to fill...

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L Brands Announces Spin-Off Of Victoria’s Secret
L Brands Announces Spin-Off Of Victoria’s Secret
May 11, 2021  |  Retail

L Brands’ board of directors has unanimously given the go-ahead to a plan to split the firm into two public and independent companies: Victoria’s Secret...

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Revolut Amps Up Retail Features For Shopping, Cryptocurrencies
Revolut Amps Up Retail Features For Shopping, Cryptocurrencies
May 11, 2021  |  Retail

U.K.-based FinTech Revolut is on a roll. Last week, it debuted a service that allows transactions using bitcoin. On Tuesday (May 11), the company debuted...

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HanesBrands Net Sales Jump 25 Pct; Company Unveils Three-Year Growth Plan
HanesBrands Net Sales Jump 25 Pct; Company Unveils Three-Year Growth Plan
May 11, 2021  |  Retail

HanesBrands Inc. posted $1.51 billion in net sales from continuing operations for the first quarter concluding April 3, 2021, marking a 25 percent jump from...

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Bankers Worried Over Credit Card Balances Paid In Full
Bankers Worried Over Credit Card Balances Paid In Full
May 11, 2021  |  Banking

Consumers are continuing the pandemic-fueled habit of paying off credit card balances, a practice that now has bankers more than a little worried, The Wall...

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California’s Monterey-Salinas Transit To Offer Visa’s Tap To Pay
California’s Monterey-Salinas Transit To Offer Visa’s Tap To Pay
May 11, 2021  |  Payment Methods

Monterey-Salinas Transit (MST) will now allow bus riders to pay fares using contactless solutions, becoming the first California transit agency — and the first system...

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Acuant Partners With Chainalysis On Risk Assessment For Blockchain
Acuant Partners With Chainalysis On Risk Assessment For Blockchain
May 11, 2021  |  Partnerships / Acquisitions

Global identity platform Acuant, which works for fraud prevention and anti-money laundering (AML) compliance, has partnered with Chainalysis, a blockchain analysis company, to boost risk...

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