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Following Brexit, N26 Will No Longer Operate In The UK

PYMNTS

FinTech bank N26 , based in Germany, will no longer operate in the U.K. N26 customers will need to transfer deposits, spend all their money or withdraw funds before their accounts close on April 15, 2020. There’s also competition in the region from other banking startups like Monzo, Starling Bank and Revolut.

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Restaurant Business Serves Up Mixed Plate For 2020

PYMNTS

The restaurant business is: a) healthy for 2020 or b) apprehensive about technology. The 2020 outlook report from the National Restaurant Association was released today and it paints a picture of an industry dealing with the countercurrents of solid consumer spending and disruptive technology. All of the above.

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Mastercard Selects New President For European Operations

PYMNTS

He will be tasked with developing strategy, direction and comprehensive success of Mastercard’s operations across 53 countries in Europe. Barnett is taking the place of the current president of 15 years, Javier Perez, who is retiring at the end of 2020. Perez joined the company in 1996 and was a driving force in the growth of payments.

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Grocery Roundup: 2020 Finishes Strong, Price Chopper Doubles Down On Digital

PYMNTS

The new year is here, and the grocery business gets to finally close the book on a difficult and complicated 2020. Wholesale clubs and Trader Joe’s themselves have proven there is a huge market for brands that don’t check all of the boxes for a standard supermarket trip.

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MercadoLibre To Expand Electric Fleet After $1.1 Billion Bond Sale

PYMNTS

Chaves also said the company will earmark a percentage of the proceeds to accelerate financial inclusion in the region. billion; first-quarter revenue in 2020 went up 38 percent to $652 million. Its digital ecosystem operates as an integrated regional platform that enables businesses and individuals to trade products and services.

Regional 207
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20 Banking Realities for 2020

Gonzobanker

Well GonzoBankers, the gang is back to work and we are all headed face-first into 2020 – a year with more uncertainty than most about how things will turn out. So, to get your Gonzo executive brains warmed up for a new year, I offer you 20 important banking realities for 2020 to guide your strategic execution efforts: 1.

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Retail 2020: Looking Back On D2C Brands

PYMNTS

Direct-to-consumer (D2C) brands came in two flavors during 2020. The second flavor were the brands that had seen traction before the pandemic and flourished during it with innovative marketing, fresh business models and cool packaging. When those markets sparked a fan base and reorders, the company was born.

Branding 162