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SoftBank Amplifies Capitol Hill Lobbying Efforts

PYMNTS

Japanese conglomerate SoftBank is boosting its lobbying efforts in Washington, D.C. The 36th biggest company in the world, SoftBank now ranks among the top 4 percent of the roughly 10,000 groups that engage in lobbying, the Center for Responsive Politics told the news outlet. million on lobbying in 2019.

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Chips, contactless, cards and confusion

Tomorrow's Transactions

So 56% of cards presented to merchants in the US now have a chip on them. That’s good news, but on a personal level I continue to find the payment environment utterly baffling. For example, here is me trying to use Apple Pay. She came back a couple of minutes later and politely asked me to follow her….

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Silicon Valley Bank chief pressed Congress to weaken risk regulations

TheGuardian

CEO Greg Becker personally led the bank’s half-million-dollar push to reduce scrutiny of his institution – and lawmakers obliged This story was first published in the Lever Eight years before the second-largest bank failure in American history occurred this week, the bank’s president personally pressed Congress to reduce scrutiny of his financial institution, (..)

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24 Industries Other Than Auto That Driverless Cars Could Turn Upside Down

CB Insights

Observers believe driverless cars will make automobile transportation a whole lot safer, and McKinsey predicts they could reduce US auto accidents by 90%. She told The Transport Politic , “…buses, shuttles, minivans, school buses [will be] all gone.”. Parking garages and lots. Energy and petroleum. Media and entertainment.

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A Tale of Two China (Tech Firm) Policies?

PYMNTS

When a big firm shuts down, it’s not every day a sitting president lobbies to get it un-shut. The ban was levied on the news that ZTE had been sending equipment like routers and servers with U.S.-sourced Behind Trump’s promise to get ZTE on surer footing, so to speak, obvious politics are at work. exports to the company.

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