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B2B Tech Startups Land Backing To Modernize The Enterprise

PYMNTS

One India-based B2B eCommerce startup, Bikayi, recently announced it raised $2 million in seed funding from a range of backers, including Mantis, a venture capital firm founded by pop artists the Chainsmokers. Honcho plans to deploy the investment towards new hires and invest in its product roadmap.

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On Demand Pay Finds A Home In Financial Services

PYMNTS

Any number of variables can highlight how the traditional two-week pay cycle puts pressure on the management of household finances. It’s well known that individuals must pay bank and auto loans, utility and credit card payments in a timely manner or risk facing penalties. high-interest cash advances,” he said.

Taxes 170
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Supporting the Financial Services Industry Sustainability Journey

Cisco

By creating sustainable financial offers, prioritizing green investment mechanisms and reallocation of capital, financing sustainable programs, and tracking the carbon footprint tracking of transactions, FIs can incentivize the integration of sustainability criteria into financial services decision-making.

Industry 144
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First Data Rallies On N. America SMB Efforts

PYMNTS

This time around, it was the continued traction in small and mid-sized business transactions that garnered a spotlight in management commentary. GFS, said management, saw strength in Latin America. Pricing pressure continues within the debit segment, management noted, as a year-over-year impact. 16 in New York City.

America 171
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Walmart Amazon Whole Paycheck Tracker: New Expansions, Partnerships And Reorganizations

PYMNTS

In 2019, Goldman partners with Apple on the launch of the Apple Card , which the bank’s executives have stated was the “most successful credit card launch ever.” Of Goldman’s $7 billion in consumer loans and card balances in 2019, card lending accounted for “a significant portion.”. The move is on-trend for both firms.

Austin 131
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Grocery Roundup: Ahold Delhaize Acquisition, Another Toilet Paper Rush And A SNAP Explosion

PYMNTS

Under the terms of the deal, FreshDirect will keep its brand name, be supervised by a seven-member board and continue its independent operations in New York City. Financial terms of the deal, which is expected to close in Q1 of 2021, have not thus far been disclosed. SNAP Customers Flood Into the Digital Grocery Market .

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Sizzle Or Fizzle: EMV, Apple, Birchbox (And Why Being First Isn’t The Same As Winning)

PYMNTS

every card transaction has to be authorized. Private Label Cards. It looks like private label cards, the retailer’s dream payments product, is facing a bit of a headwind. This comes at the same time that defaults on general purpose cards is also inching up, with charge-offs increasing to 3.10 percent from 2.97

Apple 100