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Western Union: Emerging Market GDP, Innovation Depend On Remittances

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They have provided critical support for those developing markets during the pandemic and will continue their importance after the pandemic is in the rearview mirror, a report by Oxford Economics , commissioned by Western Union , has found. “We percent decline this year, said the report. The Flows — And Where The Money Goes.

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Varo Achieves Milestone As First Consumer FinTech To Get National Charter

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On Friday (July 31), the Office of the Comptroller of the Currency (OCC) announced Varo Bank has been granted its full-service national bank charter. As a new national bank, Varo joins the world’s most respected system of financial institutions and has the opportunity to become a household name as many other national banks have become.”.

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Report: Jack Ma Offered Part Of Ant Group To Chinese Government To Smooth Over IPO Fiasco

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Alibaba billionaire Jack Ma told Chinese regulators in November that he would give portions of Ant Group , the FinTech he founded, to the country's government in what so far has appeared to be an unsuccessful effort to make peace with authorities in the country, The Wall Street Journal (WSJ) reported.

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On National Burrito Day, Chipotle Serves Up Signs Of QSR Innovation

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As far as made-up, non-holiday holidays go, you could probably do worse than National Burrito Day , which takes place on Thursday (April 4). Part of the growth in digital came from online marketing, Niccol told investors when discussing the latest Chipotle financials. Chipotle’s Digital Gains. Mobile Ordering.

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Beautycounter Embraces D2C Innovation With Purpose

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No matter how innovative they are, companies still need to get paid. And not many companies this year have combined business model creativity with payments innovation more than Beautycounter. While all the innovations and the business awards are nice to have, Renfrew is most proud of her work as a beauty industry activist.

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Feedzai Reports 44 Pct Increase In First Half Of 2020

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The deals sometimes concerned big players, including “some of the largest and most innovative companies in the world (e.g. one of the biggest payments processors in the world, one of the top 3 banks in Brazil, one of the big four banks in Australia, the largest national card processor in Europe, and several others),” according to the release.

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CEOs Ask Congress For National Privacy Act

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To enable continued innovation and growth in the digital economy, the Business Roundtable is asking Congress to pass a comprehensive consumer data privacy law that establishes a national privacy framework and strengthens protections for consumers. The news comes after reports surfaced in June that efforts from lawmakers in the U.S.

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