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Australia Central Bank Sees No ‘Public Policy’ Case For CBDC (For Now)

PYMNTS

In notes on its most recent (August) meeting of the bank’s Payments System Board, the members said that “at present there is not a strong public-policy case for issuance in Australia, given that the electronic payments system in Australia compares very favorably with those in many other countries and access to cash remains good.”.

Policies 181
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Can SMBs Avoid Being Left Behind In The Great Digital Shift?

PYMNTS

The great digital shift and the increasing probability that it will become a permanent change in the retail world has presented challenges to nearly every retailer – but, as Webster pointed out, those difficulties have not exactly been evenly distributed. The SMB Pinch. between March 1 and Sept. The Power of Persistence.

Retail 220
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John Hancock Insurance Review: Great Discounts With Wellness Programs

MyBankTracker

The company’s core product offerings revolve around insurance and operates as a subsidiary of a Canadian-based company called Manulife. John Hancock, also known as The John Hancock Life Insurance Company, was founded in 1862 with operations based mainly in Boston, Massachusetts. Background on John Hancock.

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Hertz And Avis Eye Uber Impact, With Rough Road Ahead

PYMNTS

In this case , “a bit” goes back as long ago as January 2016, when it came out that beginning in the third quarter of 2015, Uber began to displace rental cars, at that point only in Boston. And, as has been known for a while, Avis has a pact in place with Waymo, to help manage self-driving vehicles based and operating in Phoenix, Ariz.

Phoenix 112
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The Rise Of Card-on-File Commerce

PYMNTS

the restrictive reopening protocols for most stores and the diversity of shopping experiences that still require a consumer to present a card to check out in a store, many retailers have gotten rather creative in how they define what it means to deliver a contactless payments experience. This latest study of a national sample of U.S.

Cards 147
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The Top 20 Venture Capitalists

CB Insights

15 of the top 20 operate in the Greater Bay Area. He received his MBA in 1993 from UT Austin before joining Credit Suisse First Boston as an Equity Research Analyst, where he focused on computer hardware and software. Operating Location: San Francisco, CA. Operating Location: San Francisco, CA. BILL GURLEY.

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Payment Rails Present Many Paths To B2B Payments Optimization

PYMNTS

Montgomery, the Federal Reserve Bank of Boston’s first vice president and chief operating officer and FedNow program executive, said the community “will help influence FedNow Service design and our development roadmap by providing input on desired service features, technology and implementation plans.”.

Payments 130