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In Europe, Single Data Market Looms?

PYMNTS

Reports this past week came that the government will require larger tech companies to submit reports detailing their business practices each year to provide transparency on their operations – and give advance notice of changes. million credit card customers. CFPB Files Suit Against Citizens Bank.

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How Charitable Giving Boosts Online BNPL Sales, Customer Engagement

PYMNTS

Retailers are not just looking to donate a percentage of profits to a charity or cause, either, but are also seeing it as a way to foster customer engagement. This has helped grow the business and connect with other businesses,” said Jeremy Smith , who runs charitable outreach at Casely and operates as its head of product. .

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Santander Gets Hit With Fine Due To Overdraft Practices

PYMNTS

The CFPB said that, from 2010 to 2014, Santander was marketing and enrolling consumers in its “Account Protector” service designed to protect customers from overdrawing on their accounts at ATMS and on one-time debit card transactions. Customers were charged $35 per overdraft.

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Small Building Contractors Shift Gears As COVID-19 Shrinks Business

PYMNTS

president and owner of Energy-One , a heating, air conditioning and oil delivery service firm based in Rhode Island and serving that state and Massachusetts, told Karen Webster that survival is top of mind. I’m not a retailer – and I don’t get paid with a credit card at the end of the transaction.”. Thomas Vessella, Sr.,

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23 VC-Backed Brick & Mortar Startups Changing The Face Of Main Street

CB Insights

As internet retailers are expanding their operations into brick-and-mortar operations (think Warby Parker, Argent, Bonobos, and BaubleBar ), venture capitalists are also investing in “physical-first” startups focused on creating new brick-and-mortar business models. New Frontiers in Retail Tech. RESTAURANTS.

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

Australian music streaming company Guvera has reportedly stopped operating, with its co-founder and biggest financial backer walking away from the project. and a dearth of people with technical, operational experience running energy facilities. The lack of people with real operational experience “hurt KiOR a lot,” says O’Connor.

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