PYMNTS

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Nothing Good To Watch On Netflix Or Prime? Streaming Startup Struum Seeks Tired Viewers

PYMNTS

With an all-star media management team and deep-pocketed big name financial backers, the world’s newest video streaming service, Struum, announced that it is preparing to take on some of the biggest players in the business. Calling itself a new breed within an established industry, Struum said when its subscription service launches this spring it will offer a simpler way for people to discover programming within an increasingly cluttered video on demand landscape, where Netflix, Hulu, Amazon Pri

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Today In B2B: UK Debt Collectors Eye SMB Aid Recovery; ActiveWorx Launches B2B Payments Optimization Tool

PYMNTS

Today in B2B payments, ActiveWorx launches its B2B payment optimization tool, while PayJunction debuts an eInvoicing feature. Plus, U.K. debt collectors seek a bigger role in recovering SMB aid, Fides expands bank connectivity for treasurers and jobless claims dip slightly. ActiveWorx Introduces B2B Payments Offering on AP Platform. ActiveWorx, Inc.

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Next-Gen Automation Helps B2B Payments Cross Borders By Easing Frictions

PYMNTS

Back in 1785, a fellow by the name of Evans invented the first fully automated industrial process — a water-powered flour mill. Automation’s long march to the present day finds automation grinding out new solutions to cash management issues during a topsy-turvy economic time. Among other topics extensively reported, PYMNTS' latest Global B2B Payments Playbook , done in collaboration with Worldpay B2B Payments , zeroes in on international B2B payments friction, and how digital invoicing and payme

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IRS unresponsive as Americans seek answers on missing stimulus payments

PYMNTS

Many Americans are reporting frustration after not receiving their second stimulus checks within the past week, according to CNBC Thursday (Jan. 7). The new checks, which are for $600 and were approved as part of Congress's $900 billion package for pandemic aid, began to go out early in 2021 and reports said they had reached two-thirds of the recipients for the digital checks.

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Today In Payments Around The World: Ant Eyes Credit Unit Overhaul; FCA Releases Pandemic Resiliency Survey Data

PYMNTS

In today’s top payments news around the world, China’s Ant Group is mulling the creation of a new consumer loan unit, while the British financial watchdog Financial Conduct Authority (FCA) warned that the pandemic could flatline financial services companies. Plus, Indian B2B eCommerce platform Udaan said it notched $280 million in additional funds. Ant Plans Credit Unit Overhaul to Avoid Sharp Drop in Loans.

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Impossible Foods CFO David Lee Goes To AppHarvest

PYMNTS

AgTech company AppHarvest has hired David Lee , former chief financial officer of Impossible Foods , to be president of the company, according to a press release. Lee will start at AppHarvest on Jan. 25. AppHarvest is working to build indoor farms, combining the conventional agriculture technique with innovative tech to grow affordable fruits and vegetables at scale, the release stated.

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Biden Eyes Leaders With TIAA, Facebook And Google Ties For Economic Team

PYMNTS

President-elect Joe Biden is weighing naming two of the highest-ranking Black leaders in finance to top roles in his administration — TIAA CEO Roger Ferguson to direct the National Economic Council and former American Express CEO Kenneth Chenault to a senior economic post, CNBC reported, citing unnamed sources. Ferguson already has said he is stepping down from his position running TIAA, the big investment firm with historic ties to employees in the higher education and medical fields.

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