Klarna Valued At $10.65B After $650M Funding Round
Klarna Valued At $10.65B After $650M Funding Round
September 14, 2020  |  Investments

Private equity firm Silver Lake is leading a group in a $650 million investment in buy now, pay later (BNPL) provider Klarna, according to a...

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UK Regulator Ends Half Its Money Laundering Probes Without Prosecuting
UK Regulator Ends Half Its Money Laundering Probes Without Prosecuting
September 14, 2020  |  Regulation

The United Kingdom’s financial regulator has closed the book on seven of 14 criminal investigations into the breach of money laundering rules, the Financial Times...

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Mnuchin Mum On Oracle, TikTok Deal
Mnuchin Mum On Oracle, TikTok Deal
September 14, 2020  |  International

U.S. Treasury Secretary Steven Mnuchin declined to provide much detail on Oracle Corp.’s winning bid for TikTok’s U.S. operations. Get the Full Story Complete the...

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Contactless Payments Are Going Mainstream
Contactless Payments Are Going Mainstream
September 14, 2020  |  Digital Payments

In a year that will see more than 25,000 retail stores blink out of existence, with an estimated 16,000 restaurants having closed permanently by August,...

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What Innovators Can Learn From Netflix
What Innovators Can Learn From Netflix
September 14, 2020  |  Payments Innovation

Netflix Co-founder and CEO Reed Hastings has written a new book about building the video-streaming powerhouse that now has nearly 200 million subscribers globally, as...

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Uber Eats Updates Its App To Pay Tab While Dining In
Uber Eats Updates Its App To Pay Tab While Dining In
September 14, 2020  |  Mobile Payments

Uber Eats has introduced a contactless ordering feature that will work when diners are eating in a restaurant as the fight against COVID-19 continues. Get...

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US Consumer Sentiment Looks Uncertain As Holiday-Shopping Season Approaches
US Consumer Sentiment Looks Uncertain As Holiday-Shopping Season Approaches
September 13, 2020  |  Economy

Many people prepared during the pandemic’s early days for what they forecast as a relatively short disruption to their daily lives — a few weeks...

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Deloitte Becomes First Of Big Four To Break Up Business
Deloitte Becomes First Of Big Four To Break Up Business
September 13, 2020  |  B2B Payments

Deloitte will be the first of the “Big Four” auditors to break up its business after selecting a new auditing board to undertake the task,...

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Today In Payments: Razer Eyes Banking Licenses In US, Europe; Square CEO Jack Dorsey Bullish On Bitcoin
Today In Payments: Razer Eyes Banking Licenses In US, Europe; Square CEO Jack Dorsey Bullish...
September 11, 2020  |  News

In today’s top news, gaming hardware firm Razer eyes expanding into banking operations in the U.S. and Europe, and Square CEO Jack Dorsey is all...

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