Chipper Cash Cuts Staff but Keeps Crypto Operations
Chipper Cash Cuts Staff but Keeps Crypto Operations
February 21, 2023  |  Personnel

Pan-African FinTech Chipper Cash has reportedly laid off more than a third of its staff. “Friday was a sad day for Chipper Cash, as many...

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UK Hits Open Banking Milestone Amid Lingering Doubts About API Performance
UK Hits Open Banking Milestone Amid Lingering Doubts About API Performance
February 21, 2023  |  Digital Banking

About 10% of U.K.’s population used open banking services in January. Data from a recent report by Open Banking Limited (OBL) shows that the number...

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Brightflag Helps Legal Teams Tackle PDF Invoices With Automation
Brightflag Helps Legal Teams Tackle PDF Invoices With Automation
February 21, 2023  |  B2B Payments

A significant portion of the invoices received by legal teams are still delivered in PDF format. To help these teams reduce the time lost to...

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Cash-Strapped Consumers Bear the Brunt of Grocery Price Inflation
Cash-Strapped Consumers Bear the Brunt of Grocery Price Inflation
February 21, 2023  |  Consumer Insights

PYMNTS research finds grocery inflation is felt most acutely by those who already struggle financially. The Context Inflation is affecting grocery shoppers of all income...

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Consumers Trade Down to Beer as Booze Prices Rise
Consumers Trade Down to Beer as Booze Prices Rise
February 21, 2023  |  Earnings

Molson Coors is seeing consumers rethink their alcoholic beverage spending in the face of inflation. The beverage giant, parent company of a wide range of...

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Bain and OpenAI Ally to Facilitate ‘Huge Wave of Innovation’
Bain and OpenAI Ally to Facilitate ‘Huge Wave of Innovation’
February 21, 2023  |  artificial intelligence

Bain & Company and ChatGPT creator OpenAI have formed a global services alliance. The alliance will bring together Bain & Company’s digital implementation capabilities and...

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Inflation-Stressed Consumers Miss Credit Card Payments
Inflation-Stressed Consumers Miss Credit Card Payments
February 21, 2023  |  Connected Economy

If missed bill payments indicate consumers’ lacking economic security, we may be in for a bumpy ride.  Last week’s news about January’s consumer spending sharply up from the previous...

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AeroCloud Raises $12M for Cloud-Native Airport Software
AeroCloud Raises $12M for Cloud-Native Airport Software
February 21, 2023  |  Investments

Airport software maker AeroCloud says it plans to expand after raising $12.6 million. The British company announced the Series A funding in a news release...

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HSBC Profits Jump 90% as Interest Rates Rise
HSBC Profits Jump 90% as Interest Rates Rise
February 21, 2023  |  Earnings

Banking giant HSBC is hopeful the interest rates that led to a huge jump in profits will last into this year. The London-based bank reported...

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