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Hundreds Of Jobs Lost As Amazon Cuts Ties With Logistics Company

PYMNTS

Bear Down Logistics, a company that expanded quickly in the past few years delivering packages for Amazon , will no longer be working with the company and was forced to cut hundreds of jobs as a result, according to a report by Bloomberg. The company is ceasing operations in five states after it failed to meet Amazon’s standards.

Company 215
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Rideshare Rental Startup Expands In New York And Wisconsin

PYMNTS

Many, but not all, cars meet Uber and Lyft’s standards. But some would-be rideshare drivers, who might be driving a two-door coupe or an older used car, might not meet those requirements. But some would-be rideshare drivers, who might be driving a two-door coupe or an older used car, might not meet those requirements.

Wisconsin 132
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The year shareholder meetings went virtual

American Banker

Discover Financial Services and Bank First in Wisconsin, two of the many companies that went all-remote with their annual meetings this year, gave the process high marks. But the longer-term prospects industrywide are unclear.

Meeting 51
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Fiserv Adds Buy Now, Pay Later Option

PYMNTS

the Wisconsin-based FinTech, has joined the trend to offer a buy now, pay later ( BNPL ) option for purchases with interest-free installment payments. The Cambridge market research company also reported that more than 40 percent of online consumers who are aware of installment payments use that method to purchase goods. .

Wisconsin 168
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Big Retail, Landlords Fight Over Rent At Closed Stores

PYMNTS

There are battles brewing between landlords and large company tenants that haven’t paid rent during the coronavirus pandemic, including luminary names like Petco, Dick’s Sporting Goods and Victoria’s Secret, according to The Wall Street Journal.

Retail 173
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Manufacturers Loosen Budgets To Make Tech Upgrades

PYMNTS

The COVID-19 pandemic may have brought manufacturing to a halt, but that hasn’t stopped these same companies from investing in software upgrades and technology initiatives to stay competitive. The Wall Street Journal reported companies such as Xylem Inc., the New York water technology company, SPX Flow Inc.

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How FinTech Startups Return To Their Roots With Developer Programs

PYMNTS

After attending college at the University of Wisconsin-Madison, she shelved the idea and tackled the data problem by founding Intrinio with Co-founder Joey French. The company offers more than 300 different types of data to developers, allowing them to incorporate the information into their apps. And they don’t have to go it alone.

Fintech 151