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Restaurants Benefit from Consumer Hesitance to Cut Back
Restaurants Benefit from Consumer Hesitance to Cut Back
October 04, 2023  |  Consumer Finance

When consumers’ budgets are pressured, they may cut back, but restaurants benefit from spenders’ strong desire to find other ways to afford the small luxuries...

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Vistry Unveils AI Customer Assistant Chatbot for Food Commerce
Vistry Unveils AI Customer Assistant Chatbot for Food Commerce
October 04, 2023  |  Artificial Intelligence

San Diego-based startup Vistry has introduced its conversational artificial intelligence (AI) platform for food commerce, featuring an AI customer assistant chatbot called LumoChat. The chatbot...

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Clearco Secures $60 Million in Funding to Support eCommerce Businesses
Clearco Secures $60 Million in Funding to Support eCommerce Businesses
October 04, 2023  |  Investments

Toronto-based FinTech company Clearco has secured $60 million in a Series D funding round, as part of a recapitalization effort. The funding was led by Inovia Capital and Founders Circle...

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Instacart and Mount Sinai Solutions Launch Grocery Benefit for Patients
Instacart and Mount Sinai Solutions Launch Grocery Benefit for Patients
October 04, 2023  |  Partnerships

Instacart has partnered with Mount Sinai Solutions to launch a new grocery benefit program for post-operative and postpartum patients. This program aims to support patients in accessing...

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Report: Citigroup to Announce Layoffs in November Amid Reorganization
Report: Citigroup to Announce Layoffs in November Amid Reorganization
October 04, 2023  |  Personnel

Citigroup has reportedly taken some of the early steps in its previously announced reorganization. The bank is currently reviewing staff rosters to determine who will be...

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Monzo Picks Cash App Vet Conor Walsh for US CEO
Monzo Picks Cash App Vet Conor Walsh for US CEO
October 04, 2023  |  Personnel

British digital bank Monzo has named Conor Walsh to head its U.S. operations. Walsh, a veteran of Cash App, was named the bank’s U.S. CEO on Wednesday (Oct. 4), according...

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Blackbird Labs Raises $24 Million for Restaurant Loyalty Platform
Blackbird Labs Raises $24 Million for Restaurant Loyalty Platform
October 04, 2023  |  Investments

Blackbird Labs raised $24 million to scale its restaurant loyalty and membership platform. The company announced the Series A round, led by a16z crypto, with...

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Kraaft Raises $3 Million to Expand Contractor Messaging App
Kraaft Raises $3 Million to Expand Contractor Messaging App
October 04, 2023  |  Investments

Kraaft has raised $3.7 million to bring its construction-sector messaging app to new industries. According to a report Wednesday (Oct. 4) by EU Startups, the French company will...

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Federal Judge Denies SEC Request to Appeal Crypto Ruling
Federal Judge Denies SEC Request to Appeal Crypto Ruling
October 04, 2023  |  Legal

A federal judge reportedly denied the Securities and Exchange Commission’s (SEC) request to appeal a ruling regarding Ripple Labs’ cryptocurrency, XRP. U.S. District Judge Analisa...

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