PYMNTS

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Amazon Rolls Out IP Accelerator In Europe To Prevent Counterfeits

PYMNTS

To help small companies safeguard their brands and tackle counterfeits, Amazon has rolled out Intellectual Property Accelerator (IP Accelerator) in Germany, France, Spain, Italy, the United Kingdom and the Netherlands. IP Accelerator is available to every brand selling in the eCommerce retailer’s stores. It links entrepreneurs directly with a selected collection of law firms that have IP rights knowledge, according to a Wednesday (Nov. 25) announcement.

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Projection Forecasts Stable New Vehicle Retail Sales For November

PYMNTS

A joint outlook from J.D. Power and LMC Automotive forecasts that new vehicle retail sales for November 2020 will drop slightly from the same month the prior year, according to a Wednesday (Nov. 25) press release. Retail sales for new automobiles are forecast to be 1.04 million units, which represents a 0.7 percent fall in contrast to November of last year when adjusted for selling days.

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Credit Karma To Divest Tax Unit To Square In $7.1B Merger With Intuit

PYMNTS

The Department of Justice is requiring Credit Karma to divest its tax business to Square as part of Intuit’s $7.1 billion proposed takeover of Credit Karma. On Wednesday (Nov. 25), Intuit and Credit Karma said they had received clearance from the Department of Justice (DOJ) for the merger, and had agreed for Credit Karma to sell its tax business to Square.

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Real-Time Payments Move Past Early Adopters

PYMNTS

The tipping point toward real-time payments’ ubiquity might be closer than many observers think, Mark Ranta , payments practice lead at FinTech Alacriti , told PYMNTS in a recent interview. Ranta said RTP is already past the “early adopter” stage and moving into the “fast follower” phase of its evolution. After all, The Clearing House’s RTP infrastructure is already up and running.

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Benchmarking Subscription Commerce’s KPIs

PYMNTS

Like patients who avoid going to the doctor because they don’t want any bad news, online sellers who aren’t rigorously and continuously analyzing their customer data are also ignoring potential problems that could prove fatal. According to Chad Buckendahl , vice president and general manager at San Francisco-based eCommerce subscription platform operator sticky.io , if you’re not studying how your best and worst customers are performing — from acquisition to retention to lifetime value — you’re

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Dell Takes An API-Enabled Approach To Fixing Invoicing Pains

PYMNTS

The COVID-19 pandemic is inspiring many businesses to accelerate their shifts to digital transaction methods as workforces operate remotely from home, and many are finding that doing so is helping them overcome traditional business-to-business (B2B) payment frictions. Companies long-used to sending and receiving paper invoices and checks are finding that digital methods can deliver funds and billing information at a far faster clip.

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ResTech’s Rising Prominence In Writing The Future Of The Industry

PYMNTS

Point-of-sale restaurant technology startup Toast recently held a secondary share offering that reportedly valued the company at $8 billion as restaurants and ResTech rebound from COVID-19 lockdowns’ depths. CNBC this week cited unnamed sources as saying that Toast held the sale to let current and former employees cash out up to 25 percent of their vested shares at $75 apiece.

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